Jim Cramer on UiPath (PATH): “It’s Still Too Expensive a Stock”

Core Viewpoint - UiPath Inc. is viewed as a stock with potential but is currently considered too expensive by some analysts, despite recent positive earnings and a pullback in stock price [1][2][5]. Company Overview - UiPath Inc. provides an automation platform that utilizes robotic process automation and AI to assist organizations in automating repetitive tasks [2]. Analyst Opinions - Jim Cramer has expressed skepticism about UiPath in the past, indicating that the concept of robotic automation did not appeal to him initially. However, he acknowledges that the company is finally making money but still considers the stock to be overpriced [1]. - Cramer has recently indicated a more positive outlook, suggesting that the company is ready for growth under the leadership of CEO Dines, although he advises that investors may need to be patient for further upside [2]. Investment Considerations - While UiPath shows potential as an investment, some analysts believe that other AI stocks may offer greater upside potential with less downside risk [3].