Here's Why UiPath (PATH) Fell More Than Broader Market

Company Performance - UiPath's stock closed at $10.75, reflecting a -1.29% change from the previous session, underperforming the S&P 500's loss of 0.77% [1] - Over the past month, UiPath shares have depreciated by 8.72%, compared to the Business Services sector's loss of 4.16% and the S&P 500's loss of 5.85% [2] Earnings Forecast - The upcoming earnings release is expected to show an EPS of $0.03, indicating a 66.67% decline from the same quarter last year, with a revenue estimate of $302.92 million, representing a 5.43% increase year-over-year [3] - For the entire fiscal year, earnings are projected at $0.38 per share and revenue at $1.41 billion, reflecting changes of -29.63% and +7.6% respectively from the prior year [4] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for UiPath are crucial, as positive revisions are seen as a good sign for the company's outlook [4] - UiPath has a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining steady over the past month [6] - The company's Forward P/E ratio is 28.94, which is a premium compared to the industry's average Forward P/E of 21.57, and a PEG ratio of 1.29, compared to the Technology Services industry's average PEG ratio of 1.45 [7] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 100, placing it in the top 40% of over 250 industries [8]