Is UiPath Stock a Buy?

By Parkev Tatevosian, CFA – Oct 5, 2022 at 7:00AM

NYSE: PATH

UiPath

Market Cap

$12B

Today's Change

(1.09%) $0.22

Current Price

$20.41

Price as of May 17, 2024, 4:00 p.m. ET

The company's services could be helpful as businesses face labor shortages worldwide.

This innovative technology company helps businesses reduce labor shortages by automating simple tasks. In this video, I will answer if UiPath (PATH 1.09%) stock is a buy using my beginner-friendly framework for analysis.

Stock prices used were the afternoon prices of Oct. 1, 2022. The video was published on Oct. 4, 2022.

Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends UiPath Inc. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.