Uipath Inc (PATH) is scheduled to report 1st quarter earnings on 05/24/2023, after the market closes.
Regarding Q1 estimates, Wall Street analysts expect Uipath Inc to post earnings of $0.02 per share. Revenue expectations are pegged at $271.24 million. Last quarter, Uipath Inc beat earnings estimates, reporting EPS of $0.15 on estimates of $0.07. The stock rose by 17.62% the day after the last earnings release.
Year-to-date, PATH stock has risen by 26.04%.
Is Uipath Inc Stock a Buy?
Wall Street’s consensus rating for PATH stock is a Moderate Buy, with an average analyst price target of $19.50, implying upside potential of 25.89% from current levels.
PATH shares have gained about 29.73% in the past six months.
About Uipath Inc
UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of the revenues from the US, followed by Romania and the rest of the world.
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