Down 57%. Is UiPath Stock a Buy on the Dip?
Could UiPath be a smart stock to buy on the dip? Let's look at reasons Wall Street analysts have altered their expectations for the enterprise-software company to see if it can bounce back from recent losses. Why UiPath stock is down On May 29, UiPath presented results from its fiscal Q1 that ended on April 30, and they upset shareholders in more ways than one. Fiscal Q1 revenue reached expectations, but management significantly lowered its outlook for the rest of its fiscal year. Fiscal Q2 revenue is expec ...