Is It Worth Investing in ServiceNow (NOW) Based on Wall Street's Bullish Views?

While Wall Street analysts show strong bullish sentiment on ServiceNow with an average brokerage recommendation of 1.35 (Strong Buy), the article cautions that brokerage recommendations often have a positive bias and may not reliably predict stock performance. The Zacks Rank system, which relies on earnings estimate revisions, rates ServiceNow as a Hold (Rank #3) with unchanged consensus earnings estimates, suggesting the stock may perform in line with the broader market in the near term.