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home / news releases / PATH - UiPath receives swath of downgrades following soft earnings abrupt CEO change


PATH - UiPath receives swath of downgrades following soft earnings abrupt CEO change

2024-05-30 09:25:33 ET

"We expect PATH shares to be under pressure near-term from the sudden CEO departure and as the growth and margin model reset," said Oppenheimer analyst Brian Schwartz, in a note. "These developments suggest that the business is in transition and will raise concerns that AI is weakening the company's moat versus strengthening it."...

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UiPath receives swath of downgrades following soft earnings, abrupt CEO change
Stock Information

Company Name: UiPath Inc. Class A
Stock Symbol: PATH
Market: NYSE
Website: uipath.com

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