CVX vs NOW: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-18.
Chevron Corporation · Energy
$175.91
-3.4% upside to fair value
Grade D
VS
ServiceNow, Inc. · Technology
$103.24
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
NOW has more upside to fair value
(+45.0%).
CVX trades at a lower forward P/E
(30.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
NOW |
| Current Price |
$175.91 |
$103.24 |
| Fair Value Estimate |
$169.96 |
$149.70 |
| Upside to Fair Value |
-3.4%
|
+45.0%
|
| Market Cap |
$350.3B |
$106.5B |
| Forward P/E |
30.4x
|
61.1x
|
| EV / EBITDA |
9.4x
|
32.9x
|
| Price / Sales |
1.9x
|
7.6x
|
| Price / FCF |
26.2x
|
23.0x
|
| Revenue Growth YoY |
+3.2%
|
+22.1%
|
| Gross Margin |
25.4%
|
76.6%
|
| Operating Margin |
8.4%
|
13.4%
|
| Return on Equity |
6.2%
|
15.0%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.82%
|
4.35%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
ServiceNow, Inc. operates in the technology sector specializing in software applications, delivering high-quality enterprise cloud solutions with a durable competitive moat evidenced by a 15% return on equity and strong gross margins of 76.6%. The company is currently in an investing growth phase with 22.1% revenue growth in the most recent quarter, although earnings growth is modest at 2.0%. Des…
Accumulation Zones
| Metric |
CVX |
NOW |
| Zone Low |
$127.47 |
$112.27 |
| Zone High |
$144.47 |
$127.24 |
| In Buy Zone? |
No
|
Yes
|