ServiceNow, Inc. is a digital workflow company. Co.'s intelligent platform, the Now Platform, is a cloud-based solution with embedded artificial intelligence and machine learning capabilities that helps global enterprises across industries, universities and governments unify and digitize their workflows. Co.'s workflow applications built on the Now Platform are organized in four primary areas, such as technology, customer and industry, employee, and creator. Its technology workflows empower information technology (IT) departments to plan, build, operate and service the IT needs of the business enterprise. We show 51 historical shares outstanding datapoints in our NOW shares outstanding history coverage, used to compute NOW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NOW market cap history over the course of time is important for investors
interested in comparing NOW's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NOW versus a peer is one thing; comparing
NOW market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NOW can fluctuate over the course of history.
With this page we aim to empower investors researching NOW by allowing them to research the NOW market cap history. |
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Video: The Importance of Market Cap
