- Entry
- $105.82
- Now
- $105.72 -0.1%
- Target
- —
- Score
- —
ServiceNow is down more than 50% in the SaaS selloff, so instead of building a forecast and arguing for a price target, I ran a reverse DCF. I took today’s $107 share price and solved for the FCFF growth rate the market is actually implying. I started with FY2025 free cash flow and adjusted it for stock-based compensation, since I treat SBC as a real cost rather than a non-cash add-back. From there I used a 9.5% WACC, a 4.35% …
— ORIGINAL POST ·
Do you think ServiceNow can grow its FCFF faster than 11% a year for the next decade?
· r/ValueInvesting
· Jul 13, 2026