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home / news releases / uipath crashes on generative ai headwinds buy the fe

PATH - UiPath Crashes On Generative AI Headwinds: Buy The Fear (Ratings Upgrade)

UiPath Inc. Class A

2024-06-30 06:29:54 ET

Summary

  • UiPath stock is one of the few tech names trading around 2022 all-time lows.
  • Management has guided for revenue growth to decelerate meaningfully over the rest of the year.
  • Management aims to address the growth challenges through adjusting their sales compensation structure.
  • Net cash makes up over 25% of the market cap - I am upgrading the stock to strong buy.

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For further details see:

UiPath Crashes On Generative AI Headwinds: Buy The Fear (Ratings Upgrade)
Stock Information
Company Name: UiPath Inc. Class A
Stock Symbol: PATH
Market: NYSE
Website: uipath.com
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