MAKX - UiPath: The Negativity Has Gone Too Far

• UiPath is the leader in robotic process automation, an industry that’s expected to grow at a >35% CAGR through to 2030.
• Shares of UiPath have been trounced, having fallen more than 70% from their 52-week high.
• The company is seeing growth slowing for a number of reasons, including the Ukraine war, FX rates, and a transition to the cloud.
• I believe these to be short-term headwinds that are distracting investors from the huge opportunity that UiPath has ahead of it.

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