CRWV vs NOW: Which Is the Better Buy?
Side-by-side comparison of CoreWeave, Inc. Class A Common Stock and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-23.
CoreWeave, Inc. Class A Common Stock · Technology
$86.76
+45.0% upside to fair value
Med Conviction
Grade B
VS
ServiceNow, Inc. · Technology
$139.82
+16.2% upside to fair value
Med Conviction
Grade A-
High Quality
QuantHub Verdict
CRWV has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
CRWV |
NOW |
| Current Price |
$86.76 |
$139.82 |
| Fair Value Estimate |
$125.80 |
$162.50 |
| Upside to Fair Value |
+45.0%
|
+16.2%
|
| Market Cap |
$47.3B |
$144.6B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
36.3x
|
43.1x
|
| Price / Sales |
6.2x
|
9.8x
|
| Price / FCF |
—
|
31.5x
|
| Revenue Growth YoY |
+112.3%
|
+24.0%
|
| Gross Margin |
67.4%
|
74.8%
|
| Operating Margin |
-3.0%
|
11.4%
|
| Return on Equity |
-45.4%
|
13.8%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
—
|
3.17%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
CoreWeave operates a specialized GPU cloud platform purpose-built for generative AI workloads, offering high-performance GPU and CPU compute, storage, networking, and managed services to large enterprises from bare-metal and virtual server options. The business is growing explosively, with revenue up 112.3% year over year in the most recent quarter and a TTM gross margin of 67.4%, but it is doing…
ServiceNow provides a cloud-based enterprise workflow platform spanning IT service management, operations, employee workflows, CRM, AI orchestration and security. Business quality is high because its common data model, deeply embedded workflows and cross-department deployments create meaningful switching costs, while roughly 90% of the Fortune 500 use the platform and more than 85 billion workflo…
Accumulation Zones
| Metric |
CRWV |
NOW |
| Zone Low |
$94.35 |
$121.88 |
| Zone High |
$106.93 |
$138.12 |
| In Buy Zone? |
Yes
|
No
|