UiPath‘s (NYSE: PATH) first-quarter report was a baffling affair. The reported results were within management’s guidance ranges, but a top-end revenue reading was undermined by low-range profits and downright disappointing forward guidance. The business automation expert lowered its full-year revenue forecast by 10% and the operating profit projection by 51%. Many analysts were quick to […]
Tag: UiPaths
UiPath’s Stock Will Double in 4 Years
If you’re investing in individual stocks, chances are you’re trying to beat the market (often measured by the S&P 500‘s annual return of around 10%). Otherwise, you’re putting a lot of effort into a practice that could easily be accomplished by buying an index fund. Pinpointing stocks with the potential to double quicker than the […]
UiPath’s stock dives 30% on outlook miss, CEO transition; analysts downgrade
UiPath Inc. (NYSE:PATH) reported a solid set of first-quarter results, however, the soft guidance sent shares sharply lower in premarket trading Thursday. UiPath reported its first-quarter earnings per share (EPS) of $0.13, which was slightly higher than the analyst projection of $0.12. The company’s revenue for the quarter also surpassed expectations, coming in at $335.1 […]
This Will Be UiPath’s Next Big Move
UiPath (NYSE: PATH) has seen its share of big stock price moves over the past three years. The price is up about 41% over the past year; however, it is down just under 20% year to date. A lot of UiPath’s stock price volatility happens when the company reports earnings. The stock price has moved […]