UiPath Is Relatively Cheap And Seeing Strong Momentum

Mar. 21, 2024 3:37 PM ETUiPath Inc. (PATH) StockPATH14 Comments
Geoffrey Seiler
4.44K Followers

Summary

  • UiPath showed exceptional revenue growth in Q4, as it continues to do a great job expanding within its customer base, while adding some large new customers.
  • UIPath has also been showing tremendous S&M efficiency and operating leverage.
  • UiPath's valuation is comparatively cheap compared to many SaaS names with similar growth.
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Khanchit Khirisutchalual

In November, I started coverage of UiPath (NYSE:PATH) with a “Buy” rating, writing that the company has reaccelerated its growth and become more efficient in sales and marketing, making it an attractive growth stock. After its Q3

This article was written by

4.44K Followers
Former Senior Equity Analyst at $600M long-short hedge fund Raging Capital.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of PATH, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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