Posted 4/4/2024, 11:30:00 AM
AI Automation Leaders Symbotic and UiPath Struggle as Stocks Plummet 50% From Highs
- Symbotic and UiPath are AI companies automating tasks, but stocks are down over 50% from highs
- Symbotic focused on warehouse robots, 88% revenue from Walmart currently
- UiPath is RPA leader, but facing threats from generative AI and tech giants
- Symbotic growing revenue fast but not profitable yet, concentrated customer base
- UiPath profitable and dominates niche, cheaper stock pick with less risks