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Buy the Dip? UiPath Stock's GenAI Strategy May Pay Off
MarketBeat· 2024-10-18 13:50
UiPath Today PATH UiPath $13.00 +0.23 (+1.80%) 52-Week Range $10.37 ▼ $27.87 Price Target $17.71 Add to Watchlist UiPath NYSE: PATH is at the forefront of the enterprise automation software sector, providing powerful tools that enable businesses to automate repetitive tasks, streamline workflows, and boost overall efficiency. However, UiPath's stock price is down close to 50% year to date, which has left many investors wondering if this is a buying opportunity or a sign of further decline. The company is cu ...
UiPath (PATH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-17 22:51
In the latest trading session, UiPath (PATH) closed at $12.77, marking a -0.23% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.02%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.04%. The enterprise automation software developer's shares have seen an increase of 4.07% over the last month, surpassing the Business Services sector's gain of 3.66% and the S&P 500's gain of 3.77%. Investors will be eagerly watching for the perf ...
UiPath's Stock Price Decreases 49% YTD: How Should Investors Play?
ZACKS· 2024-10-15 17:15
UiPath, Inc. (PATH) shares have declined 48.7% in the year-to-date period against the 36.5% rally of the industry it belongs to and the 24.3% rise in the Zacks S&P 500 composite. PATH's performance lags Varonis Systems, Inc. (VRNS) and Trend Micro Incorporated (TMICY) , which are its close competitors. VRNS and TMICY have rallied 32.3% and 3.4% in the year-to-date period, respectively. YTD Price Performance Image Source: Zacks Investment Research However, PATH's recent performance might paint a different pi ...
Newpath Resources Mobilizes to Alpha/Bravo Project
Newsfile· 2024-10-03 10:00
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC PINK: RDYFF) ("Newpath" or the "Company") is pleased to announce that it will be mobilizing a prospecting field crew to the Company's 100% owned Alpha/Bravo Project ("the Project") on October 7, 2024. The Company will continue the search for LCT pegmatites on the Project, focussing its prospecting efforts on priority target areas identified during the 2023 exploration program (See February 5, ...
2 Growth Stocks to Buy Before They Soar 212% and 712%, According to Certain Wall Street Analysts
The Motley Fool· 2024-09-29 09:12
These Wall Street analysts are forecasting triple-digit gains for UiPath and Roku. The S&P 500 (^GSPC -0.13%) has advanced 20% year to date due to strong interest in artificial intelligence and surprisingly robust economic growth. But certain Wall Street analysts believe UiPath (PATH 1.67%) and Roku (ROKU 0.96%) are undervalued. Sanjit Singh at Morgan Stanley has set UiPath with a bull-case price target of $40 per share by September 2025. That forecast implies 212% upside from its current share price of $12 ...
UiPath Stock Falls 50% Year to Date: Should You Buy the Dip?
ZACKS· 2024-09-26 14:10
UiPath, Inc.'s (PATH) shares have lost 49.8% in the year-to-date period. This drop is in stark contrast to 29.7% growth of the industry and 21.5% increase of the Zacks S&P 500 composite. YTD Price Performance Image Source: Zacks Investment Research The decline aligns with the performance of its close competitors like Dolby Laboratories, Inc. (DLB) and SentinelOne, Inc. (S) , whose shares have lost 12% and 12.1%, respectively, over the same period. PATH's shares closed at $12.95 in the last trading session, ...
1 Struggling Artificial Intelligence Stock That Wall Street Analysts Think Could Rally by More Than 40%
The Motley Fool· 2024-09-20 21:30
Could UiPath make for an underrated buy right now? Analyst price targets can help investors uncover stocks that have a lot of potential upside. In some cases, however, that perceived upside may only appear high because the stock has fallen heavily in value. And if it has fallen due to adverse results or a more troubling outlook for its future, downgrades could be inevitable, which may reduce those price targets. That's why it's always important for investors to do their own analysis when making an investmen ...
Could This Be the News UiPath Shareholders Have Been Waiting For?
The Motley Fool· 2024-09-18 11:45
Shares of the robotic process automation specialist have struggled in 2024. UiPath (PATH -1.68%) shareholders haven't had a great 2024. While the rest of the market rose, the software company's shares have fallen by about 50%. Yet despite the spate of bad news that has hit the company, it seems like it still has a strong underlying business. Often, all a stock needs is a glimmer of hope to kick-start a rally. UiPath investors recently got one, but will it be enough to trigger such a rebound? UiPath's softwa ...
Down 45% On the Year, Is This a Golden Opportunity to Buy UiPath Stock After It Issues Upbeat Guidance?
The Motley Fool· 2024-09-11 10:00
Can the beaten-down stock stage a turnaround? After seeing its shares crumble following its first-quarter earnings report, UiPath (PATH -1.31%) fared better when it reported its second-quarter results. And yet, the shares still traded lower. With the stock still down about 45% on the year, let's take a close look at Q2 results for this robotic process artificial intelligence (AI) automation software company's and see whether now is a good time to buy shares. Getting back on track UiPath's Q1 report was a co ...
UiPath Inc. (PATH) Piper Sandler Growth Frontiers Conference (Transcript)
Seeking Alpha· 2024-09-10 17:06
UiPath Inc. (NYSE:PATH) Piper Sandler Growth Frontiers Conference September 10, 2024 10:30 AM ET Company Participants Ashim Gupta - Chief Financial Officer Conference Call Participants Unidentified Company Representative Right. Well, we've reached the bottom of the hour, so I think we're ready to go. So, my name is [indiscernible]. I'm joined here with Ashim Gupta, the CFO. [indiscernible] Question-and-Answer Session Q - Unidentified Analyst So, I think most investors here understand the story, understand t ...