Jim Cramer praised ServiceNow (NOW) as a 'great company' in a recent appearance, reinforcing bullish sentiment around the enterprise cloud software leader. The endorsement comes amid strong financial performance and accelerating adoption of its workflow automation platforms.
- ServiceNow reported $7.6 billion in fiscal 2025 revenue, up 18% YoY
- Subscription revenue grew 19%, with 95% customer retention rate
- NOW added over 1,500 new enterprise clients in FY2025
- Stock rose 3.2% in after-hours trading following Cramer’s remarks
- Market cap exceeds $220 billion, outperforming tech sector by 12% over 12 months
- Forward P/E of 38, below the high-growth cloud sector average
Jim Cramer, prominent financial commentator, labeled ServiceNow (NOW) a 'great company' during a live segment, citing its dominant position in the enterprise workflow automation space. Cramer emphasized the firm’s consistent revenue growth and expanding customer base across industries including healthcare, finance, and government. His remarks highlight growing confidence in NOW’s long-term scalability and innovation pipeline. ServiceNow reported fiscal 2025 revenue of $7.6 billion, up 18% year-over-year, driven by subscription revenue growth of 19%. The company also achieved a 95% customer retention rate and added over 1,500 new enterprise clients in the past fiscal year. These metrics underscore its ability to retain and expand relationships with large organizations seeking digital transformation tools. The market responded positively to Cramer’s endorsement, with NOW shares rising 3.2% in after-hours trading. Institutional investors and retail traders alike have increased their exposure to enterprise software names, with NOW's market cap now exceeding $220 billion. The stock has outperformed the broader tech sector by 12 percentage points over the past 12 months, reflecting strong investor confidence. Cramer’s commentary adds momentum to ServiceNow’s ongoing strategic initiatives, including the expansion of its AI-driven Now Platform and international market penetration. Analysts note the stock remains attractively valued relative to its growth trajectory, with a forward P/E of 38, below the sector average for high-growth cloud firms.