In a report released today, Jake Roberge from William Blair maintained a Buy rating on UiPath (PATH – Research Report). The company’s shares closed yesterday at $24.43.
Roberge covers the Technology sector, focusing on stocks such as Dynatrace, Jamf Holding, and UiPath. According to TipRanks, Roberge has an average return of -0.9% and a 45.65% success rate on recommended stocks.
UiPath has an analyst consensus of Moderate Buy, with a price target consensus of $25.67.
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Based on UiPath’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $325.92 million and a GAAP net loss of $31.54 million. In comparison, last year the company earned a revenue of $262.74 million and had a GAAP net loss of $57.72 million
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UiPath (PATH) Company Description:
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.
Read More on PATH:
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- PATH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
