11.09.2024 12:00:00

Down 45% On the Year, Is This a Golden Opportunity to Buy UiPath Stock After It Issues Upbeat Guidance?

After seeing its shares crumble following its first-quarter earnings report, UiPath (NYSE: PATH) fared better when it reported its second-quarter results. And yet, the shares still traded lower.With the stock still down about 45% on the year, let's take a close look at Q2 results for this robotic process artificial intelligence (AI) automation software company's and see whether now is a good time to buy shares.UiPath's Q1 report was a complete disaster, with the company greatly reducing its full-year outlook and announcing the resignation of its CEO. However, things appear to be getting back on track, with the company reporting better-than-expected Q2 results and increasing its full-year guidance this time around.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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