UiPath Inc.: Bullish Support Is Finally Here - Turnaround Likely Prolonged

DNY59 We previously covered UiPath (NYSE:PATH) in July 2024, discussing its inability to ride the first wave of generative AI monetization, as observed in the sudden management change and the drastically lowered FY2025 guidance. Despite near-term challenges, the decelerating ARR growth, and moderating dollar-based net retention rate, the SaaS company had reported growing customer base and healthy balance sheet. Even so, we had preferred to initiate a Hold rating then, attributed to the elevated short intere ...