Home Business ServiceNow stock should see growth accelerate again in 2022, Goldman says

ServiceNow stock should see growth accelerate again in 2022, Goldman says

Bill McDermott, CEO of ServiceNow.

Adam Jeffery | CNBC

ServiceNow’s recent struggles should prove temporary as the company will soon resume its growth to becoming a major player in enterprise software, according to Goldman Sachs.

The investment firm added the stock to its conviction buy list, with analyst Kash Rangan saying in a note to clients on Thursday that the pandemic delivered a temporary hit to ServiceNow’s customer base that should lift going forward.