UiPath Stock Dips Despite Strong Month; Earnings Expected to Show Revenue Growth
• UiPath (PATH) stock closed down 1.31% despite market uptick; shares are up 20.31% over the past month • UiPath to announce earnings on March 13, 2024; EPS projected at $0.15 and revenue at $383.32 million, a 24.23% increase • Analyst estimate revisions reflect short-term business trends and correlate with stock price changes • UiPath currently has a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 52.77 • The Technology Services industry ranks in the top 33% of over 250 industries, according to the Zacks Industry Rank system