Best Stocks to Buy Now: Is UiPath Stock a Buy After Earnings?

By Eric Cuka – May 30, 2023 at 4:33PM

NYSE: PATH

UiPath

Market Cap

$11B

Today's Change

(0.77%) $0.15

Current Price

$19.70

Price as of April 24, 2024, 4:00 p.m. ET

UiPath stock is down over 77% since its April 2021 IPO. Is it time to buy PATH stock now?

UiPath (PATH 0.77%) stock is down over 75% since its IPO in April 2021. On the company's recent earnings call, artificial intelligence and generative AI were highlighted as future growth prospects. UiPath is also tracking toward profitability. Is UiPath stock a buy now, or is more pain ahead? The below video shares UiPath earnings, fundamental analysis, commentary, valuation metrics, technical analysis, and PATH stock price targets.

*Stock prices used were the morning prices of May 30, 2023. The video was published on May 30, 2023.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Eric Cuka has positions in Alphabet, Amazon.com, Microsoft, Nvidia, Palantir Technologies, and UiPath. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Microsoft, Nvidia, Palantir Technologies, and UiPath. The Motley Fool has a disclosure policy.

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