PATH - UiPath Earnings: It Would Be A Sin To Compound My Mistake (Rating Downgrade)
2024-05-30 06:05:28 ET
Summary
- UiPath shocks investors with a poor outlook for fiscal 2025, leading to a substantial sell-off and doubts about its valuation.
- The departure of the CEO and a challenging economic environment have exposed cracks in UiPath's narrative, resulting in slower deal closures and inconsistent execution.
- The company's drastic revision of its full-year guidance just 90 days after the previous forecast has shattered investor confidence and highlighted the cardinal sin of growth companies.
Investment Thesis
UiPath ( PATH ) shocked investors with a remarkably poor outlook for fiscal 2025. And to be clear, as we headed into this earnings report, I was bullish on PATH....
UiPath Earnings: It Would Be A Sin To Compound My Mistake (Rating Downgrade)