UiPath Inc [PATH] fell -51.69% so far this year. What now?

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UiPath Inc [NYSE: PATH] traded at a low on Friday, posting a -2.04 loss after which it closed the day’ session at $12.00.

The results of the trading session contributed to over 13467121 shares changing hands. Over the past one week, the price volatility of UiPath Inc stands at 3.77% while the volatility over the past one month is 3.60%.

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The market cap for PATH stock reached $6.87 billion, with 486.82 million shares outstanding and 437.34 million shares in the current float. Compared to the average trading volume of 10.04M shares, PATH reached a trading volume of 13467121 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about UiPath Inc [PATH]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PATH shares is $15.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PATH stock is a recommendation set at 2.58. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for UiPath Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 03, 2024. The new note on the price target was released on May 30, 2024, representing the official price target for UiPath Inc stock. Previously, the target price had yet another drop from $32 to $14, while Truist kept a Hold rating on PATH stock. On May 30, 2024, analysts decreased their price target for PATH shares from 28 to 17.

The Average True Range (ATR) for UiPath Inc is set at 0.86, with the Price to Sales ratio for PATH stock in the period of the last 12 months amounting to 5.08. The Price to Book ratio for the last quarter was 3.39, with the Price to Cash per share for the same quarter was set at 3.38. Price to Free Cash Flow for PATH in the course of the last twelve months was 21.14 with Quick ratio for the last quarter at 4.00.

How has PATH stock performed recently?

UiPath Inc [PATH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.12. With this latest performance, PATH shares dropped by -39.70% in over the last four-week period, additionally sinking by -48.63% over the last 6 months – not to mention a drop of -33.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PATH stock in for the last two-week period is set at 18.76, with the RSI for the last a single of trading hit 16.25, and the three-weeks RSI is set at 21.90 for UiPath Inc [PATH]. The present Moving Average for the last 50 days of trading for this stock 18.91, while it was recorded at 11.96 for the last single week of trading, and 20.15 for the last 200 days.

UiPath Inc [PATH]: Deeper insight into the fundamentals

UiPath Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.00 and a Current Ratio set at 4.00.

Earnings analysis for UiPath Inc [PATH]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PATH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for UiPath Inc go to 35.00%.

Insider trade positions for UiPath Inc [PATH]

The top three institutional holders of PATH stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PATH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PATH stock with ownership which is approximately 5.8386%.