UiPath Stock (NYSE:PATH), Trade Ideas

UiPath

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, the right to access certain software products it hosts (i.e., SaaS) and professional services. It generates a majority of its revenues from the Americas followed by Europe, Middle East, and Africa and Asia-Pacific.

Photo courtesy of Ark Invest.

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In early 2021, Cathie Wood&#39;s ARK Invest managed $59B across 6 funds, becoming the world&#39;s largest active ETF manager. However, by April 2024, heavy outflows and underperforming holdings have caused assets under management to plummet to $11.1B.

Cathie Wood&#39;s Ark Empire Bleeds As Investor Outflows Spike: &#39;The Loyal Shareholders Have Become Frustrated&#39;

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On Monday, Cathie Wood-led Ark Invest made significant trades involving Coinbase Global Inc. (NASDAQ:COIN) and NVIDIA Corp. (NASDAQ:NVDA). 



The COIN Trade

Cathie Wood&#39;s Ark Invest Continues To Shed Coinbase, Nvidia Shares

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On Thursday, Cathie Wood’s Ark Invest made significant trades involving Coinbase Global, Inc. (NASDAQ:COIN), Palantir Technologies Inc. (NYSE:PLTR), and Nvidia Corp.

Cathie Wood&#39;s Ark Invest Sells $20M+ Coinbase Shares As Bitcoin Trades Over $70K, Buys Palantir, Sells Nvidia Stock

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<p>In early 2021, <strong>Ark Invest</strong>, led by tech investor <strong>Cathie Wood</strong>, managed a staggering $59 billion across six funds, making it the world&#8217;s <a href="https://www.benzinga.com/topic/cathie-wood">largest active ETF manager.</a></p>
<p>Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1 billion. This decline can be attributed to a combination of factors, including high interest rates dampening Wood&#8217;s long-term speculative tech investments and the subsequent wave of outflows from disillusioned investors.</p>
<p>To give a sense of the&nbsp;scale, investors had withdrawn a substantial $2.24 billion from Wood&#8217;s actively managed funds by the end of the third week of April 2024, nearly tripling the outflows seen throughout all of 2023. </p>
<p>Notably, Ark&#8217;s flagship fund, the <strong>ARK Innovation ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), experienced outflows exceeding $1.3 billion in less than four months this year, far surpassing the $578 million seen in 2023.</p>
<p><strong>Below is a breakdown of the fund flows for Ark&#8217;s actively managed ETFs in 2024 compared to 2023:</strong></p>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<thead>
<tr>
<th>ARK Actively Managed ETFs</th>
<th>YTD 2024 Fund Flows <br />(as of Apr. 19)</th>
<th>2023 Fund Flows</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>ARK Innovation ETF</strong> </td>
<td>-1.37 B</td>
<td>-578.15 M</td>
</tr>
<tr>
<td><strong>ARK Next Generation Internet ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>)</td>
<td>-211.66 M</td>
<td>-63.93 M</td>
</tr>
<tr>
<td><strong>ARK Genomic Revolution ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>)</td>
<td>-363.74 M</td>
<td>40.41 M</td>
</tr>
<tr>
<td><strong>ARK Fintech Innovation ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) </td>
<td>-144.93 M</td>
<td>-58.26 M</td>
</tr>
<tr>
<td><strong>ARK Autonomous Technology &amp; Robotics ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>)</td>
<td>-126.76 M</td>
<td>-53.14 M</td>
</tr>
<tr>
<td><strong>ARK Space Exploration &amp; Innovation ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>)</td>
<td>-21.97 M</td>
<td>-42.23 M</td>
</tr>
</tbody>
<tfoot>
<tr>
<td><em>Total</em></td>
<td>2.24 B</td>
<td>755.3 M</td>
</tr>
</tfoot>
</table>
<p><figcaption class="wp-element-caption"><em>Source: VettaFi</em></figcaption></p></figure></p>
<p>"The loyal shareholders have become frustrated," <strong>Todd Rosenbluth</strong>, head of research at data provider <strong>VettaFi</strong>, told <a href="https://www.wsj.com/finance/investing/ark-funds-cathie-wood-investors-56e2950c">The  Wall Street Journal</a>. </p>
<p>Despite the promising outlook for Ark&#8217;s growth and disruptive technology investment style this year, Rosenbluth said heavy concentration of funds in underperforming companies remains a concern. </p>
<p>With the sole exception of <strong>Coinbase Global Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and <strong>Robinhood Markets Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), none of the other top 10 holdings in the Ark innovation ETF have yielded positive returns in 2024.</p>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Name</strong></td>
<td><strong>Weight</strong></td>
<td><strong>Return</strong></td>
</tr>
<tr>
<td><strong>Coinbase Global, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>9.38%</td>
<td>35.60%</td>
</tr>
<tr>
<td><strong>Tesla, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>9.32</td>
<td>-41.76</td>
</tr>
<tr>
<td><strong>Roku, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>)</td>
<td>8.27</td>
<td>-33.26</td>
</tr>
<tr>
<td><strong>Block, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>)</td>
<td>6.98</td>
<td>-4.80</td>
</tr>
<tr>
<td><strong>UiPath Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) </td>
<td>5.69</td>
<td>-21.46</td>
</tr>
<tr>
<td><strong>CRISPR Therapeutics AG</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSRP#NASDAQ">CSRP</a>)</td>
<td>4.92</td>
<td>-7.28</td>
</tr>
<tr>
<td><strong>Zoom Video Communications, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>)</td>
<td>4.50</td>
<td>-15.59</td>
</tr>
<tr>
<td><strong>Roblox Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>)</td>
<td>4.47</td>
<td>-19.14</td>
</tr>
<tr>
<td><strong>Robinhood Markets, Inc.</strong> </td>
<td>4.21</td>
<td>38.85</td>
</tr>
<tr>
<td><strong>Unity Software Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>)</td>
<td>3.33</td>
<td>-43.14</td>
</tr>
</tbody>
</table>
<p><figcaption class="wp-element-caption"><em>Data as of Apr. 23, 2024</em></figcaption></p></figure></p>
<p><em>Read Also: <a href="https://www.benzinga.com/markets/equities/24/04/38368840/cathie-woods-ark-invest-seizes-tesla-dip-acquires-over-17m-in-shares-ahead-of-q1-results-zoom-st">Cathie Wood&#8217;s Ark Invest Seizes Tesla Dip, Acquires Over $17M in Shares Ahead Of Q1 Results — Zoom Stock Dumped</a></em></p>
<h1 class="wp-block-heading"><strong>Short Strategies On Cathie Wood&#8217;s Ark Funds Emerge</strong></h1>
<p>The underperformance of Cathie Wood&#8217;s actively managed funds has prompted other ETF issuers to undertake short strategies on Ark ETFs. </p>
<p><strong>AXS Investments</strong> launched the <strong>AXS Short Innovation Daily ETF</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SARK#NASDAQ">SARK</a>) at the end of 2021, which shorts Wood&#8217;s flagship ARKK fund and has seen a 40% increase since inception. During the same timeframe, the ARKK Innovation ETF were down by over 60%. </p>
<p>In May 2022, AXS Investments also launched the <strong>AXS 2X Innovation ETF</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TARK#NASDAQ">TARK</a>), which shorts ARKK with a leverage of 2x. </p>
<h1 class="wp-block-heading"><strong><em>Chart: Shorting Cathie Wood&#8217;s Flagship Fund Brings Robust Returns </em></strong></h1>
<p><figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167-1024x495.png" alt="" class="wp-image-304720" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/23110907/image-167.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Greg Bassuk</strong>, CEO of AXS Investments, highlighted on CNBC last month a spike in inflows affecting these two funds: "With thousands of startups and small high growth companies driving innovation having received financing from Silicon Valley Bank and others like it, this really could be a harbinger for concern around the ability of these kinds of innovation-driving companies to get financing going forward."</p>
<p>Seven days following the fallout of <strong>Silicon Valley Bank</strong>, the <strong>AXS Short Innovation Daily ETF</strong> and the <strong>AXS 2X Innovation ETF</strong> witnessed an 80% and 50% jump in trading activity, respectively. </p>
<p><em>Read Now:</em> <em><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38372445/cathie-woods-ark-invest-says-bitcoin-could-be-priming-for-over-3-000-rally-over-nex">Cathie Wood&#8217;s Ark Invest Says Bitcoin Could Be Priming For Over 3,000% Rally Over Next 12 Months As King Crypto Becomes Less Inflationary Than Gold After Halving</a></em></p>
<p><em>Cathie Wood photo courtesy of Ark Invest. </em></p>


Cathie Wood's Ark Empire Bleeds As Investor Outflows Spike: 'The Loyal Shareholders Have Become Frustrated'

<p>On Monday, <strong>Cathie Wood</strong>-led <strong>Ark Invest</strong> made significant trades involving <strong>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</strong> and <strong>NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</strong>. </p>
<p><strong>The COIN Trade</strong></p>
<p>Ark Invest decided to offload 3,689 shares of Coinbase from its <strong>ARK Next Generation Internet ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) fund. The value of the sold COIN shares, based on the closing price of $223.41 on Monday, amounts to approximately $824,000.</p>
<p>Last week, despite a recent rise in <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) prices, Ark Invest sold a <a href="https://www.benzinga.com/markets/equities/24/04/38214834/cathie-woods-ark-invest-sells-20m-coinbase-shares-as-bitcoin-trades-over-70k-buys-palantir-sells">significant amount of Coinbase shares</a>, with back-to-back trades on certain days. </p>
<p><strong>The NVDA Trade</strong></p>
<p>Ark Invest also reduced its stake in NVIDIA Corp. from its <strong>ARK Genomic Revolution ETF</strong> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) fund by 157 units. The value of the sold Nvidia shares, based on the closing price of $860.01 on Monday, is approximately $135,000. This move comes despite a recent bullish prediction by a chart analyst, who suggested that NVIDIA is <a href="https://www.benzinga.com/markets/equities/24/04/38235114/nvidia-set-for-another-bull-run-analyst-pitches-1-150-target-says-this-time-its-bringing-more-fr">poised for another upward move. </a></p>
<p><strong>Other Key Trades:</strong> </p>
<ul>
<li>Ark Invest bought shares of <strong>Teladoc Health Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) across its ARKF, ARKG, and ARKK funds. Shares of UiPath Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) were sold from the ARKG fund. </li>
<li>The ARKK fund saw a purchase of shares from <strong>Roku Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) and a sale of <strong>Draftkings Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) shares.</li>
<li> ARKW fund sold shares of <strong>Twilio Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>).</li>
</ul>
<p><em>Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38237724/dogecoin-co-creator-billy-markus-sarcastically-signals-caution-amid-cryptocurrency-market-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dogecoin Co-Creator Billy Markus Sarcastically Signals Caution Amid Cryptocurrency Market Crash: &#8216;Oh No Everything Died We Are Dead&#8217;</a></em></p>
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Cathie Wood's Ark Invest Continues To Shed Coinbase, Nvidia Shares

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ADSK

CRWD

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HUBS

IFBD

MRIN

NICE

PRCH

SHOP

SLNH

STIX

Shares of software stocks are trading lower amid broader tech weakness, which may be due to rate cut concerns following mixed inflation data this week.

<p>On Thursday, Cathie Wood&#8217;s <strong>Ark Invest</strong> made significant trades involving <strong>Coinbase Global, Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), <strong>Palantir Technologies Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), and <strong>Nvidia Corp. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). These trades were made amidst a backdrop of fluctuating market conditions and strategic investment decisions.</p>
<p><strong>The COIN Trade</strong></p>
<p>Despite a recent uptick in <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) prices, Ark Invest sold 77,561 shares of Coinbase from <strong>ARK Innovation ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) and <strong>ARK Next Generation Internet ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). The value of the trade, based on the last closing price of $263.01, was nearly $20.34 million.</p>
<p>A day earlier, the firm <a href="https://www.benzinga.com/markets/equities/24/04/38195354/cathie-wood-led-ark-invest-continues-to-sell-coinbase-shares-despite-uptick-in-bitcoin-loads-up-">sold 24,141 Coinbase shares</a> worth $6.06 million despite an uptick seen in both Coinbase shares and <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). At the time of writing, Bitcoin traded above the psychologically important $70K mark, despite declining 0.2% over 24 hours.</p>
<p><strong>The PLTR Trade</strong></p>
<p>On the same day, Ark Invest purchased shares of Palantir. This move aligns with Ark&#8217;s deepening investment in AI, as evidenced by its <a href="https://www.benzinga.com/markets/mutual-funds/24/04/38213342/cathie-wood-ark-invest-announce-stake-in-openai-heres-how-you-can-get-exposure-to-chatgpt-pa">recent stake</a> in OpenAI, the parent company of ChatGPT. The value of the PLTR trade, calculated from the last closing price of $22.84, is $162,232.</p>
<p><strong>The NVDA Trade</strong></p>
<p><em>See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38161049/jim-cramer-feels-very-good-about-ford-as-jim-farley-led-company-is-making-a-come-back?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Feels &#8216;Very Good&#8217; About Ford As Jim Farley-Led Company Is Making A &#8216;Come Back&#8217;</a></em></p>
<p>Ark Invest also sold shares of Nvidia, a leading player in the AI industry. This decision was made despite the market&#8217;s <a href="https://www.benzinga.com/markets/equities/24/04/38154787/cathie-woods-ark-sheds-nearly-4m-nvidia-shares-and-trims-position-in-this-ai-peer">continued outperformance expectations</a> for the stock. The value of the NVDA trade, based on the last closing price of $906.16, is $2.55 million.</p>
<p><strong>Other Key Trades:</strong> </p>
<ul>
<li>Ark Invest bought shares of <strong>Teladoc Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>).</li>
<li>Ark Invest sold shares of <strong>UiPath Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>). Ark Invest bought shares of <strong>Recursion Pharmaceuticals</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>).</li>
</ul>
<p><em>Read Next: <a href="https://www.benzinga.com/markets/equities/24/04/38175804/jim-cramer-stands-by-nvidia-and-eli-lilly-despite-market-dips-says-terrific-time-to-take-some-pr?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Stands By Nvidia And Eli Lilly Despite Market Dips, Says &#8216;Terrific Time To Take Some Profits&#8217;</a></em></p>
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Cathie Wood's Ark Invest Sells $20M+ Coinbase Shares As Bitcoin Trades Over $70K, Buys Palantir, Sells Nvidia Stock

<p><strong>UiPath's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) short percent of float has risen 3.02% since its last report. The company recently reported that it has <strong>17.57 million shares sold short</strong>, which is 4.43% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.32 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>UiPath Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712600122_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for UiPath has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing UiPath's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, UiPath's peer group average for short interest as a percentage of float is 4.22%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Ideas

Trading Ideas

(PATH) - Analyzing UiPath's Short Interest

<p>Throughout the last three months, 20 analysts have evaluated UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $27.7, a high estimate of $32.00, and a low estimate of $23.00. This upward trend is evident, with the current average reflecting a 16.73% increase from the previous average price target of $23.73.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712581230_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>A comprehensive examination of how financial experts perceive UiPath is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Celino</td>
<td>Keybanc</td>
<td>Announces</td>
<td>Overweight</td>
<td>$27.00</td>
<td>-</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$29.00</td>
<td>-</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$32.00</td>
<td>-</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$29.00</td>
<td>-</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Kingsley Crane</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Bryan Bergin</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Outperform</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$27.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$28.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$29.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Nick Altmann</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$30.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to UiPath. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of UiPath compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of UiPath's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of UiPath's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PATH/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on UiPath analyst ratings.</strong></a></p>
<h2>Delving into UiPath's Background</h2>
<p>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, the right to access certain software products it hosts (i.e., SaaS) and professional services. It generates a majority of its revenues from the Americas followed by Europe, Middle East, and Africa and Asia-Pacific.</p>
<h3>Unraveling the Financial Story of UiPath</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Revenue Growth:</strong> UiPath displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately <strong>31.34%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>8.37%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> UiPath's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>1.71%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>1.18%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> With a below-average debt-to-equity ratio of <strong>0.03</strong>, UiPath adopts a prudent financial strategy, indicating a balanced approach to debt management.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Ratings

Expert Ratings For UiPath

<p>Keybanc  analyst Jason Celino   assumes UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Overweight rating and announces Price Target of $27.</p>


Price Target

Initiation

Keybanc Assumes UiPath at Overweight, Announces Price Target of $27

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>UiPath</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PATH, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 11 options trades for <strong>UiPath</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 18% bullish and 81%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $142,755, and 10, calls, for a total amount of $513,129.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $18.0 to $31.0 for UiPath during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for UiPath's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of UiPath's whale activity within a strike price range from $18.0 to $31.0 in the last 30 days. </p>
<h3>UiPath Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712241159_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PATH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$9.25</td>
<td>$9.15</td>
<td>$9.15</td>
<td>$31.00</td>
<td>$142.7K</td>
<td>762</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$4.5</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$19.00</td>
<td>$88.0K</td>
<td>1.5K</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$1.5</td>
<td>$1.48</td>
<td>$1.47</td>
<td>$25.00</td>
<td>$74.0K</td>
<td>1.0K</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$5.3</td>
<td>$5.15</td>
<td>$5.2</td>
<td>$18.00</td>
<td>$68.6K</td>
<td>1.2K</td>
<td style="text-align: right;">133</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$3.1</td>
<td>$3.0</td>
<td>$3.05</td>
<td>$24.00</td>
<td>$63.4K</td>
<td>22</td>
<td style="text-align: right;">209</td>
</tr>
</tbody>
</table>
</p>
<h3>About UiPath</h3>
<p>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, the right to access certain software products it hosts (i.e., SaaS) and professional services. It generates a majority of its revenues from the Americas followed by Europe, Middle East, and Africa and Asia-Pacific.</p>
<h3>Where Is UiPath Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,320,184, the PATH's price is up by 1.14%, now at $21.79. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 48 days.</li>
</ul>
<h3>What Analysts Are Saying About UiPath</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $27.0.</p>
<ul>
<li>An analyst from JP Morgan has elevated its stance to Overweight, setting a new price target at $28. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on UiPath with a target price of $25. </li>
<li>An analyst from DA Davidson persists with their Neutral rating on UiPath, maintaining a target price of $24. </li>
<li>An analyst from RBC Capital has decided to maintain their Sector Perform rating on UiPath, which currently sits at a price target of $29. </li>
<li>An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $29. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for UiPath, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Decoding UiPath's Options Activity: What's the Big Picture?

<p>RBC Capital  analyst Matthew Hedberg   reiterates UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Sector Perform and maintains $29 price target.</p>


Reiteration

RBC Capital Reiterates Sector Perform on UiPath, Maintains $29 Price Target

<p>On Thursday, <strong>Cathie Wood</strong>-led <strong>Ark Invest</strong> purchased a substantial number of shares in <strong>Tesla Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), despite the electric vehicle giant&#8217;s recent dip in stock price.</p>
<p><strong>The TSLA Trade</strong></p>
<p>Ark Invest&#8217;s ETFs, <strong>ARK Innovation ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) and <strong>ARK Next Generation Internet ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>), purchased 65,514 and 14,437 shares of Tesla respectively. This move comes after Tesla&#8217;s stock price had tumbled nearly 2.25%.</p>
<p>The value of the Tesla shares bought by Ark Invest on Thursday is estimated to be around $14 million, calculated from the closing price of $175.79. This move continues Ark&#8217;s trend of increasing its bet on Tesla. <a href="https://www.benzinga.com/markets/equities/24/03/37927191/cathie-woods-ark-ups-tesla-bet-with-28m-stock-buy-amid-rebound-also-loads-up-on-this-online-game">Just earlier in the week</a>, Ark had bought Tesla shares worth $28.21 million, as the stock rebounded and outperformed the broader market.</p>
<p>Ark Invest&#8217;s <strong>Tasha Keeney</strong> estimated a $28 trillion <a href="https://www.benzinga.com/markets/equities/24/03/37578131/cathie-woods-ark-invest-sees-28-trillion-opportunity-in-ai-tesla-drones-and-more">opportunity in AI&#8217;s financial impact</a>, particularly highlighting Tesla and drone technology. Keeney projected a rise in equity market capitalization linked to innovation, reaching $220 trillion by the decade&#8217;s end, with a focus on disruptive technologies like Tesla&#8217;s advancements in autonomous vehicles.</p>
<p><em>See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37975186/bitcoin-ethereum-take-a-breather-while-dogecoin-spike-pushes-crypto-market-cap-above-2-6-t?itm_source=parsely-api">Bitcoin, Ethereum Take A Breather While Dogecoin Spike Pushes Crypto Market Cap Above $2.6 Trillion — Analyst Sees BTC Hitting $80K Before Next Halving</a> </em></p>
<p><strong>Other Key Trades:</strong></p>
<p><strong>ARKK</strong> also sold 15,693 shares of <strong>Coinbase Global Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) through ARKK and ARKW. The trade was calculated to be worth $4.16 million. Coinbase shares closed 3.28% higher at $265.12.</p>
<p>Ark Invest&#8217;s <strong>ARKF</strong> fund bought shares of <strong>Roblox Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) and sold shares of <strong>Robinhood Markets Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>). </p>
<p>The <strong>ARKG</strong> fund purchased shares of <strong>Twist Bioscience Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWST#NASDAQ">TWST</a>) and shares of <strong>Personalis Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNL#NASDAQ">PSNL</a>). </p>
<p>The <strong>ARKQ</strong> fund sold shares of <strong>UiPath Inc</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) and bought shares of <strong>Kratos Defense &amp; Security</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTOS#NASDAQ">KTOS</a>).</p>
<p><em>Read Next: <a href="https://www.benzinga.com/markets/equities/24/03/37974525/youre-about-to-get-a-sale-on-nvidia-jim-cramer-shares-insight-on-buying-during-pullbacks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;You&#8217;re About To Get A Sale&#8217; On Nvidia: Jim Cramer Shares Insight On Buying During Pullbacks</a></em></p>
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KTOS

PSNL

TWST

Cathie Wood's Ark Continues Tesla Stock Buying Spree, Acquires Over $14M Worth Of Shares Amid Dip

<p>UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>), a leading&nbsp;<a href="https://www.uipath.com/ai/ai-at-work/">enterprise automation and AI software</a>&nbsp;company, today announced that UiPath Automation Cloud&trade; Public Sector achieved authorized status in the&nbsp;<a href="https://www.fedramp.gov/program-basics/" target="_blank">Federal Risk and Authorization Management Program</a>&nbsp;(FedRAMP&reg;), the entity charged with standardizing security and risk assessment for cloud services accessed by federal government agencies.</p>
<p>As an authorized provider of AI-powered automation within&nbsp;<a href="https://marketplace.fedramp.gov/products/FR2132958724" target="_blank">FedRAMP</a>, UiPath offers public sector agencies a viable and secure method to achieve digital modernization imperatives. UiPath enables government employees to deliver improved citizen services, modernize IT and other functions for digital resilience, digitize data, automate processes, and deploy in the cloud. UiPath AI and automation solutions are already securely increasing accuracy, capacity, and resilience in U.S. federal agencies, U.S. state governments, and hundreds of international public sector organizations.</p>


Government

Regulations

UiPath Secures FedRAMP Approval, Paving Way for Enhanced AI Automation in Government Services

<p>High-rolling investors have positioned themselves bearish on UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>), and it's important for retail traders to take note.<br />
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in PATH often signals that someone has privileged information.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for UiPath. This is not a typical pattern.</p>
<p>The sentiment among these major traders is split, with 37% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $152,075, and 7 calls, totaling $329,310.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $17.5 and $26.0 for UiPath, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for UiPath options trades today is 1063.67 with a total volume of 1,931.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for UiPath's big money trades within a strike price range of $17.5 to $26.0 over the last 30 days.</p>
<h3>UiPath 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1711123258_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PATH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$26.00</td>
<td>$152.0K</td>
<td>411</td>
<td style="text-align: right;">395</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$20.00</td>
<td>$123.1K</td>
<td>1.5K</td>
<td style="text-align: right;">254</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/28/24</td>
<td>$21.00</td>
<td>$45.9K</td>
<td>163</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$26.00</td>
<td>$44.1K</td>
<td>3.5K</td>
<td style="text-align: right;">641</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$17.50</td>
<td>$38.4K</td>
<td>267</td>
<td style="text-align: right;">40</td>
</tr>
</tbody>
</table>
</p>
<h3>About UiPath</h3>
<p>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 its revenues from the US, followed by Romania.</p>
<p>In light of the recent options history for UiPath, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of UiPath</h3>
<ul>
<li>Trading volume stands at 2,787,693, with PATH's price down by -0.09%, positioned at $23.45.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 61 days.</li>
</ul>
<h3>What Analysts Are Saying About UiPath</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $29.0.</p>
<ul>
<li>An analyst from RBC Capital downgraded its action to Sector Perform with a price target of $29. </li>
<li>An analyst from Truist Securities downgraded its action to Buy with a price target of $32. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on UiPath, which currently sits at a price target of $25. </li>
<li>Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on UiPath with a target price of $29. </li>
<li>Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Perform rating for UiPath, targeting a price of $30. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest UiPath options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Check Out What Whales Are Doing With PATH

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>UiPath</strong>.</p>
<p>Looking at options history for UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) we detected 10 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $226,548 and 7, calls, for a total amount of $293,604.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $19.0 to $28.0 for UiPath over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for UiPath's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across UiPath's significant trades, within a strike price range of $19.0 to $28.0, over the past month.</p>
<h3>UiPath 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710962182_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PATH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$28.00</td>
<td>$163.6K</td>
<td>402</td>
<td>3</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$23.00</td>
<td>$52.1K</td>
<td>534</td>
<td>221</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$23.00</td>
<td>$51.3K</td>
<td>2.3K</td>
<td>1.4K</td>
</tr>
<tr>
<td>PATH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$25.00</td>
<td>$50.1K</td>
<td>6.0K</td>
<td>780</td>
</tr>
<tr>
<td>PATH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$27.00</td>
<td>$37.8K</td>
<td>651</td>
<td>234</td>
</tr>
</tbody>
</table>
</p>
<h3>About UiPath</h3>
<p>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 its revenues from the US, followed by Romania.</p>
<p>Having examined the options trading patterns of UiPath, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Where Is UiPath Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 5,032,961, with PATH's price down by 0.0%, positioned at $23.13.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 63 days.</li>
</ul>
<h3>Professional Analyst Ratings for UiPath</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $27.8.</p>
<ul>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for UiPath, targeting a price of $30. </li>
<li>An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $29. </li>
<li>An analyst from Evercore ISI Group has decided to maintain their In-Line rating on UiPath, which currently sits at a price target of $27. </li>
<li>An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on UiPath, which currently sits at a price target of $25. </li>
<li>An analyst from TD Cowen has decided to maintain their Outperform rating on UiPath, which currently sits at a price target of $28. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest UiPath options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


UiPath Unusual Options Activity For March 20

<p>Truist Securities  analyst Terry Tillman   reiterates UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Buy and maintains $32 price target.</p>


Truist Securities Reiterates Buy on UiPath, Maintains $32 Price Target

<p>Needham  analyst Scott Berg   reiterates UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Buy and maintains $30 price target.</p>


Needham Reiterates Buy on UiPath, Maintains $30 Price Target

<p><strong>UiPath's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) short percent of float has fallen 23.89% since its last report. The company recently reported that it has <strong>18.84 million shares sold short</strong>, which is 4.78% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.7 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>UiPath Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710523822_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for UiPath has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing UiPath's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, UiPath's peer group average for short interest as a percentage of float is 3.95%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


<p>Canaccord Genuity  analyst Kingsley Crane   maintains UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Buy and raises the price target from $27 to $30.</p>


Canaccord Genuity Maintains Buy on UiPath, Raises Price Target to $30

<p>Analysts' ratings for UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) over the last quarter vary from bullish to bearish, as provided by 14 analysts.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for UiPath, revealing an average target of $26.93, a high estimate of $30.00, and a low estimate of $23.00. Witnessing a positive shift, the current average has risen by 14.6% from the previous average price target of $23.50.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710504115_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>The perception of UiPath by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Bryan Bergin</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Outperform</td>
<td>$28.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$27.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$28.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$29.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Nick Altmann</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$30.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Siti Panigrahi</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$28.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$30.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Raimo Lenschow</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to UiPath. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of UiPath compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of UiPath's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of UiPath's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PATH/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on UiPath analyst ratings.</strong></a></p>
<h2>All You Need to Know About UiPath</h2>
<p>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 its revenues from the US, followed by Romania.</p>
<h3>Financial Insights: UiPath</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> UiPath displayed positive results in 3 months. As of 31 October, 2023, the company achieved a solid revenue growth rate of approximately <strong>24.05%</strong>. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of <strong>-9.68%,</strong> the company may need to address challenges in effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of <strong>-1.6%,</strong> the company may need to address challenges in generating satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> UiPath's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>-1.16%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.03</strong>.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Where UiPath Stands With Analysts

<p>Barclays  analyst Raimo Lenschow   maintains UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) with a Equal-Weight and raises the price target from $23 to $25.</p>


Barclays Maintains Equal-Weight on UiPath, Raises Price Target to $25

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Traders attempt to benefit from volatility through options plays to <a href="https://www.investopedia.com/terms/v/volatility.asp">maximize returns</a>, as the ups and downs of an underlying asset&rsquo;s price represent potential. While higher volatility commonly correlates with higher risk, the two concepts are distinct. Volatility defines the scope and pace of price movement, enlarging the chance of loss. Yet, for traders seeking options plays to profit from volatility, adequate risk management can capitalize on the opportunity.&#8203;</p>



<p>Options traders, in particular, <a href="https://www.investopedia.com/articles/investing/021716/strategies-trading-volatility-options-nflx.asp">utilize volatility</a> to find decent options plays. Research has actually shown that options prices can predict stock returns. How is this useful for the regular trader? Well, options data can be used to understand better where the market <a href="https://www.investopedia.com/articles/investing/100115/use-options-data-predict-stock-market-direction.asp">may be headed</a>. One of the more common techniques is to contrast implied volatility with the current movement of the stock or other asset.</p>



<p>Without delving too deeply into the technicalities, implied volatility (IV) refers to the level of movement inferred from the current options price. In other words, if traders expect the asset to exhibit <a href="https://www.investopedia.com/terms/i/iv.asp">significant movement</a>, the stock will possess a higher IV. Stocks can experience heightened price fluctuations due to routine factors. Examples are an anticipated earnings report or unexpected changes in the market environment that could influence price action. Traders can monitor the IV of a stock to gauge its relative risk and <a href="https://www.barchart.com/options/iv-rank-percentile/stocks?orderBy=optionsTotalVolume&amp;orderDir=desc">identify potential market moves</a> offering trading opportunities through options plays.</p>



<p>The implied volatility derived from options suggests the following options plays may be primed for a major move in the coming days:&#8203;</p>



<h2><a></a><strong>Tesla (TSLA)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/tslamusk1600-300x169.png" alt="Tesla, Inc. (TSLA) logo displayed on a phone in front of a blurred image of Elon Musk. Tesla layoffs"><div>Source: Rokas Tenys / Shutterstock.com</div></div><p><strong>Tesla</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/"><strong>TSLA</strong></a>), the world&rsquo;s second-largest electric vehicle (EV) maker, has had a tough year. And this has continued to be the case into Q1 2024. After disclosing disappointing deliveries, growing inventories and announcing plans to <a href="https://finance.yahoo.com/news/tesla-layoffs-an-ominous-sign-for-the-company-analyst-says-153652031.html">lay off as much as 10%</a> of its workforce recently, the stock price is down 35% year-to-date (YTD). This is a significant fall from Tesla&rsquo;s prior membership in the Magnificent Seven last year.</p>



<p>The company&rsquo;s implied volatility is <a href="https://marketchameleon.com/Overview/TSLA/IV/">13.8% above</a> its 20-day historical volatility. This suggests traders think there could be some strong moves in the coming weeks, bumping volatility above the 20-day realized price. Tesla&rsquo;s anticipated Q1 earnings due on Apr. 23rd may have produced this signal.&#8203; Notably, the April IV median historically stood at 56.9, lower than the current year&rsquo;s 57.6 level. This indicates that market players can still consider Tesla one of the options plays that presents a promising potential price movement.</p>



<h2><strong>UiPath (PATH)</strong><span><a href="https://investorplace.com/stock-quotes/-stock-quote/"></a></span></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/path-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the website homepage of UiPath (PATH)."><div>Source: dennizn / Shutterstock.com</div></div><p><strong>Uipath </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/path-stock-quote/"><strong>PATH</strong></a>), the world&rsquo;s largest robotics process automation company, is another one of the options plays traders can expect to see large moves from. It has also had a difficult start to the year as the surge in demand for artificial intelligence (<span>AI</span>) hasn&rsquo;t translated into the company&rsquo;s profitability yet. The company achieved its first quarter of profitability in Q4 but reported a GAAP operating loss of $165 million for the full year. Despite a <a href="https://ir.uipath.com/news/detail/330/uipath-reports-fourth-quarter-and-full-year-fiscal-2024-financial-results">24% surge in revenue</a> last year, the company trades 60% below its IPO price.</p>



<p>After the stock declined through the first days of April due to options plays unwinding, implied volatility has jumped. Now, there is potential for the company to <a href="https://finance.yahoo.com/news/options-market-predicting-spike-uipath-123400611.html">reverse its downward trend</a> through further options plays.&#8203; In particular, the May 17 $3 call option suggests that investors expect a big move in the stock price soon. PATH&rsquo;s IV stands at 17.2% above its 20-day historical volatility of 38.1%, signaling an imminent move. Notably, analysts have increased their earnings estimates from 10 cents to 11 cents per share for the current quarter.</p>



<h2><strong>Marathon Digital (MARA)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/mara-1600-crypto-mining-300x169.png" alt="Macro view of miner working for bitcoins mine pool. Devices and technology for mining cryptocurrency. Mining cryptocurrency concept. MARA stock. Crypto mining."><div>Source: Yev_1234 / Shutterstock</div></div><p>Despite cryptos generally trading on the backfoot amidst a stronger dollar lately, the market is looking for alternatives such as cryptocurrencies due to geopolitical tensions in the Middle East. Cryptocurrency mining company <strong>Marathon Digital </strong>(NASDAQ:<a href="https://investorplace.com/stock-quotes/mara-stock-quote/"><strong>MARA</strong></a>) has the highest implied volatility of all options plays at 104.4 as the market counts down the hours to the Bitcoin halving. The event is expected to <a href="https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00">disrupt the market</a> substantially, bringing another candidate for options plays forward.</p>



<p>Unlike other <strong>Bitcoin </strong>(<a href="https://investorplace.com/cryptocurrency/btc-usd/"><strong>BTC-USD</strong></a>) mining companies that sell BTC after mining, MARA has over 17,000 BTC in its treasury. With options data showing it could be among the biggest options plays leading to the halving, investors may prefer to keep a close eye on IV to interpret upcoming moves. As open interest in MARA rose 2.4% and implied volatility trends lower, <a href="https://marketchameleon.com/Overview/MARA/IV/">1% below</a> its 20-day average, it suggests traders may be more interested in <a href="https://marketchameleon.com/Overview/MARA/OpenInterestTrends/">short buildup</a> in MARA.</p>



<p><em>On the date of publication, Stavros Tousios did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com </em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines</em></a>.</p>
<div><p>Stavros Tousios, MBA, is the founder and chief analyst at Markets Untold. With expertise in FX, macros, equity analysis, and investment advisory, Stavros delivers investors strategic guidance and valuable insights.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/three-stocks-primed-for-a-major-move-in-april/">Options Alert: 3 Stocks Primed for a Major Move in April</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Options Alert: 3 Stocks Primed for a Major Move in April

The AI Hype Cycle

UiPath: Still Unloved

<strong><i>Amid global digitalization, the transition toward cloud-based platforms, widespread adoption of SaaS models, and growing cyber threats are creating ample growth opportunities for software providers. Hence, it could be wise to buy and hold top software stocks UiPath (PATH), Descartes Systems (DSGX), and OneSpan (OSPN) for long-term gains. Read on…</i></strong><br><br><p>Businesses in multiple industries increasingly embrace digital transformation by integrating software solutions to streamline their processes, drive efficiency, and improve customer experiences. The shift toward cloud-based services, the growing adoption of SaaS models, and the integration of AI, ML, and IoT technologies drive the software sector's growth.</p>
<p>Given the industry's solid footing, it could be wise to consider buying fundamentally sound software stocks UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>), The Descartes Systems Group Inc. (<a href="https://stocknews.com/stock/DSGX/">DSGX</a>), and OneSpan Inc. (<a href="https://stocknews.com/stock/OSPN/">OSPN</a>) with massive growth potential.</p>
<p>Rapid digitalization and continuous software innovation across the globe are fueling the spending on IT services. Gartner forecasts <a href="https://www.gartner.com/en/newsroom/press-releases/01-17-2024-gartner-forecasts-worldwide-it-spending-to-grow-six-point-eight-percent-in-2024">worldwide IT spending to increase 6.8%</a> year-over-year to $5 trillion in 2024. Moreover, spending on software is expected to reach $1.03 trillion this year, growing 12.7% from 2023.</p>
<p>With the growing number of small, medium, and large enterprises seeking to scale up their businesses through SaaS applications, the Software as a Service (SaaS) market will likely expand substantially. Organizations from various industries like IT infrastructure, financial management, and asset monitoring are rapidly adopting the SaaS models.</p>
<p>SaaS market revenue is expected to total $282.20 billion in 2024, with the U.S. being in the lead, having the highest revenue of $150.70 million in 2024. The market is projected to reach <a href="https://www.statista.com/outlook/tmo/public-cloud/software-as-a-service/worldwide">$374.50 billion by 2028</a>, growing at a CAGR of 7.3% during the forecast period (2024-2028).</p>
<p>Furthermore, growing cyber threats, regulatory compliance, technological advancements, and growing cloud computing adoption are increasing the <a href="https://www.verifiedmarketresearch.com/product/cyber-security-software-market/">need for cybersecurity</a>, propelling the cybersecurity software market prospects. The market is projected to be valued at $298.80 billion by 2030, expanding at a CAGR of 9.4%.</p>
<p>Investors' interest in software stocks is evident from the SPDR S&amp;P Software &amp; Services ETF's (<a href="https://stocknews.com/stock/XSW/">XSW</a>) 18.1% returns over the past six months.</p>
<p>Considering the industry's bright prospects, investors could consider adding fundamentally sound software stocks PATH, DSGX, and OSPN to their portfolios for solid gains.</p>
<p>Let's discuss the fundamentals of these stocks in detail:</p>
<p><strong>UiPath Inc. </strong>(<a href="https://stocknews.com/stock/PATH/"><strong>PATH</strong></a><strong>)</strong></p>
<p>PATH operates an end-to-end automation platform offering a range of robotic process automation (RPA) solutions internationally. It provides a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.</p>
<p>On March 26, 2024, PATH announced that the UiPath Automation Cloud&#x2122; public sector achieved authorized status in the Federal Risk and Authorization Management Program (FedRAMP&#xAE;), marking a significant achievement for the company.</p>
<p>With PATH's automation platform, public sector agencies can put intelligence to streamline processes, eliminate errors, and deliver better experiences to government employees and citizens.</p>
<p>On February 29, PATH and Google Cloud expanded their partnership to extend customers' ability to transform their enterprises with AI-powered automation. With this, PATH is now available on the Google Cloud marketplace, integrating with Google Vertex AI to enable professionals to utilize Google Cloud's Gen AI alongside PATH's AI-powered automation.</p>
<p>The partnership is part of PATH's strategy to help joint customers achieve AI-powered automation across the business. It also furthers the shared mission of the companies to incorporate AI in the enterprise through advanced technologies.</p>
<p>For the fourth quarter that ended January 31, 2024, PATH's total revenue increased 31.3% year-over-year to $405.25 million. Its non-GAAP gross profit rose 34% from the year-ago value to $360.07 million. The company's non-GAAP operating income was $110.52 million, up 59.6% from the prior year's quarter.</p>
<p>In addition, the company's non-GAAP <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> of $128.51 million and $0.22 per share indicate growth of 55.4% and 46.7% from the previous year's quarter, respectively. The company's non-GAAP adjusted free cash flow was $146 million for the quarter.</p>
<p>For the first quarter of fiscal 2025, PATH expects revenue from $330 million to $335 million, and its non-GAAP operating income is expected to be approximately $55 million. Also, the company expects revenue from $1.55 billion to $1.56 billion and non-GAAP operating income of roughly $295 million for the fiscal full year 2025.</p>
<p>Analysts expect PATH's EPS for the fiscal 2025 first quarter (ending April 2024) to increase 5.9% year-over-year to $0.12, and its revenue is expected to grow 14.9% year-over-year to $332.85 million, respectively. Moreover, the company has topped consensus EPS and revenue estimates in all four trailing quarters, which is impressive.</p>
<p>Shares of PATH have surged 14.5% over the past six months and 17.9% over the past year to close the last trading session at $19.12.</p>
<p>PATH's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.</p>
<p>PATH has an A grade for Growth and a B for Quality. It is ranked #7 out of 19 stocks in the B-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry.</p>
<p>To check POWR Ratings of PATH for Value, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/PATH/">click here</a>.</p>
<p><strong>The Descartes Systems Group Inc. </strong>(<a href="https://stocknews.com/stock/DSGX/"><strong>DSGX</strong></a><strong>)</strong></p>
<p>Headquartered in Waterloo, Canada, DSGX offers cloud-based logistics and supply chain management solutions internationally. The company's logistics technology platform provides a range of modular, interoperable web and wireless logistics management solutions.</p>
<p>On April 10, 2024, DSGX introduced Descartes MacroPoint&#x2122; FraudGuard to help freight brokers, third-party logistics companies, and shippers identify and prevent fraudulent activities related to carrier information, load tracking, and shipment status.</p>
<p>The innovation will automate the early detection of potential fraud, preventing disruptions for customers, mitigating financial risk, and building trust with shipper and carrier communities.</p>
<p>On March 28, DSGX acquired OCR Services, Inc., a leading global trade compliance solutions and content provider. The acquisition aligns with DSGX's operations, and strengthens its global trade intelligence content solutions. OCR brings expertise in global trade compliance and experience in applying artificial intelligence (AI) in the content management process.</p>
<p>DSGX's revenue increased 18.5% year-over-year to $148.20 million during the fourth quarter that ended January 31, 2024. Its income from operations rose 10.1% year-over-year to $37 million. The company's net income came in at $31.80 million and $0.37 per share, up 6.7% and 8.8% from the prior year's quarter, respectively.</p>
<p>Furthermore, the company's adjusted EBITDA grew 18.6% from the year-ago value to $65.70 million. Its total assets were $1.47 billion as of January 31, 2024, compared to $1.32 billion as of January 31, 2023.</p>
<p>Street expects DSGX's revenue for the first quarter (ending April 2024) to increase 11% year-over-year to $151.67 million. Its EPS for the same period is expected to grow 5.9% year-over-year to $0.38. Also, the company has surpassed consensus revenue estimates in each of the four trailing quarters.</p>
<p>DSGX's stock gained 21.9% over the past six months and 11.2% over the past year to close the last trading session at $90.54.</p>
<p>DSGX's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.</p>
<p>The stock has a B grade for Sentiment, Stability, and Quality. Within the B-rated Software - SAAS industry, DSGX is ranked #9 among the 19 stocks.</p>
<p><a href="https://stocknews.com/stock/DSGX/">Click here</a> to access additional ratings of DSGX for Growth, Value, and Momentum.</p>
<p><strong>OneSpan Inc. </strong>(<a href="https://stocknews.com/stock/OSPN/"><strong>OSPN</strong></a><strong>)</strong></p>
<p>OSPN designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements globally. The company offers OneSpan Sign, OneSpan Cloud Authentication, and OneSpan Identity Verification. It also provides Mobile Security Suite, Digipass Authenticators, authentication servers, and Digipass FX1 BIO.</p>
<p>On December 6, 2023, OSPN introduced a new partner network program offering a comprehensive set of benefits to broaden the delivery of secure and seamless customer experiences.</p>
<p>The new network program empowers partners to expand their portfolio with high-assurance identity proofing, strong authentication, and secure e-signature solutions and reflects upon OSPN's commitment to helping customers and partners secure their customer-facing and revenue-generating processes.</p>
<p>On November 14, OSPN launched its latest innovation to the Digipass Authenticators product line, DIGIPASS FX1 BIO, a passwordless, phishing-resistant authentication for a secure workforce. The cutting-edge physical passkey with a fingerprint scan empowers organizations to embrace passwordless authentication and provide the utmost security.</p>
<p>During the fourth quarter that ended December 31, 2023, OSPN's total revenue increased 11.1% year-over-year to $62.93 million. It reported gross profit of $43.47 million, up 14.5% from the prior year's quarter. Its adjusted EBITDA increased 250.6% from the year-ago value to $11.16 million.</p>
<p>Additionally, the company's non-GAAP net income of $7.53 million and $0.19 per share indicate growth of 519.8% and 533.3% year-over-year, respectively.</p>
<p>As per its financial 2024 outlook, OSPN expects its revenue to be in the range of $238 million to $246 million. Also, its adjusted EBITDA is expected to be between $47 million and $52 million for the year.</p>
<p>Analysts expect OSPN's revenue and EPS for the third quarter (ending September 2024) to increase 4.4% and 236.1% year-over-year to $61.42 million and $0.30, respectively. Further, the company has surpassed the consensus revenue estimates in three of the trailing four quarters, which is impressive.</p>
<p>Over the past six months, the stock has gained 2.5% to close the last trading session at $9.86.</p>
<p>OSPN's POWR Ratings reflect its robust outlook. The stock has an overall B rating, translating to a Buy in our proprietary rating system.</p>
<p>OSPN has an A grade for Growth. The stock also has a B grade for Sentiment and Value. It is ranked #6 among 22 stocks within the B-rated <a href="https://stocknews.com/category/software-security/">Software - Security</a> industry.</p>
<p>To see the other ratings of OSPN for Quality, Stability, and Momentum, <a href="https://stocknews.com/stock/OSPN/">click here</a>.</p>
<p><em><strong>What To Do Next?</strong></em></p>
<p>Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "<em>death trap</em>" stocks are lurking in your portfolio:</p>
<p><a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell"><strong>10 Stocks to SELL NOW! &gt;</strong></a></p>

<hr />
<p>PATH shares fell $19.12 (-100.00%) in premarket trading Thursday. Year-to-date, PATH has declined -23.03%, versus a 5.64% rise in the benchmark S&amp;P 500 index during the same period.</p>
<hr><div style="clear:both;"></div><br><h2>About the Author: Rjkumari Saxena</h2><br><img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;"><p>Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.</p><p><a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a></p>The post <strong><a href=https://stocknews.com/news/path-dsgx-ospn-top-3-software-stocks-to-buy-and-hold-for-long-term/>Top 3 Software Stocks to Buy and Hold for Long-Term Gains</a></strong> appeared first on <strong><a href=https://stocknews.com/>StockNews.com</a></strong>

Top 3 Software Stocks to Buy and Hold for Long-Term Gains

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Robotics and related technologies, such as workflow automation products, cloud services, and generative AI technology, have captivated the investing community. They have assisted in leading the overall market higher over this past year especially. Investors are very interested in technology companies focused on innovation and the rollout of brand-new products and services.</p>



<p>With the technology sector booming, it&rsquo;s a perfect time for investors to jump into these robotics companies with a great future ahead of them. These stocks offer robotics technology for varying uses and have the potential for consistent growth. Investors should consider these robotics stocks to start gaining exposure to this developing industry.</p>



<h2>UiPath (PATH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/path-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the website homepage of UiPath (PATH)."><div>Source: dennizn / Shutterstock.com</div></div><p><strong>UiPath</strong>&nbsp;(NYSE:<a target="_blank" href="https://investorplace.com/stock-quotes/path-stock-quote/"><strong>PATH</strong></a>) operates an automation platform based on robotic and generative AI capabilities. Its services are provided for industries such as financial services, healthcare, telecom, and manufacturing.</p>



<p>Over the past year, its share price has risen by 20%, partly due to improved earnings potential. It beat analyst expectations regarding its most recent earnings release.</p>



<p>On March 13,UiPath released earnings results for the&nbsp;<a href="https://ir.uipath.com/news/detail/330/uipath-reports-fourth-quarter-and-full-year-fiscal-2024-financial-results" target="_blank">fourth quarter</a> of the fiscal year 2024, stating that total revenue increased by 31% year-over-year. A net loss for Q4 FY 2023 was reported at $28 million, and for Q4 FY 2024, it increased to a net income of $34 million. For Q1 FY 2025, UiPAth predicts that total revenue should be within the range of $330 million to $335 million.</p>



<p>On March 26, UiPath&rsquo;s product for the Automation Cloud Public Sector was&nbsp;<a href="https://seekingalpha.com/news/4083677-uipaths-ai-cloud-software-receives-approval-for-us-government-use" target="_blank">approved for use</a> within the U.S. federal government.</p>



<p>Due to UiPath&rsquo;s automation software capabilities,&nbsp;<a href="https://seekingalpha.com/news/4087911-uipath-initiated-at-overweight-due-to-rpa-leadership-position-keybanc" target="_blank">KeyBlanc upgraded its stock rating</a>&nbsp;to overweight and set a price target of $27 per share.</p>



<p>UiPath is a company on the cutting edge of generative AI and robotics technology that is continuing to improve its overall automation platform for users. It could still experience upside potential since it recently became profitable following a rough couple of years from when the robotics stock started trading publicly back in 2021.</p>



<h2>Stryker (SYK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/syk1600-300x169.jpg" alt="The Stryker (SYK) office in Fremont, California."><div>Source: Sundry Photography / Shutterstock.com</div></div><p><strong>Stryker</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/syk-stock-quote/" target="_blank"><strong>SYK</strong></a>) is a healthcare equipment provider that offers a wide range of medical devices, such as orthopedic treatments like joint replacement and other trauma-related surgeries, as well as implants that help treat neurological needs.</p>



<p>On Jan. 30, Stryker reported 2023&nbsp;<a href="https://s22.q4cdn.com/857738142/files/doc_financials/2023/q4/q4-23-earnings-press-release.pdf" target="_blank">fourth quarter</a> earnings with a total revenue increase of 12% and net income more than doubled to more than $1.1 billion year-over-year. Total sales for its Medsurg and neurotechnology segment increased by 12%, and sales for its orthopedic and spine segment grew by 11% within the previously mentioned time period.</p>



<p>On Feb. 7, SYK announced a&nbsp;quarterly dividend of <a href="https://investors.stryker.com/press-releases/news-details/2024/Stryker-declares-a-0.80-per-share-quarterly-dividend/default.aspx" target="_blank">80 cents per share</a>, payable to investors on April 30; this dividend increase represents a 6% jump in dividend yield compared to the previous year. Its annual dividend yield is sitting at 0.95%, with divided growth for the last 14 consecutive years.</p>



<p>Stryker operates a very robust and stable business based on surgical technology that should be on the radar for investors. It provided a solid dividend yield, with its share price increasing by over 15% in the last year and consistently growing over the last several years. Stryker is a robotics stock that could continue to garner huge returns in the coming years.</p>



<h2>Symbotic (SYM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/sym1600-300x169.png" alt="Person holding smartphone with website of US robotics warehouse company Symbotic Inc. on screen with logo. Focus on center of phone display. Unmodified photo. SYM stock"><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Symbotic</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/sym-stock-quote/" target="_blank"><strong>SYM</strong></a>) is an industrial company that primarily manages supply chains in large warehouse facilities. It also provides artificial intelligence software and robotics to improve efficiency within distribution centers.</p>



<p>On Feb. 5, SYM reported earnings for the&nbsp;<a href="https://ir.symbotic.com/news-releases/news-release-details/symbotic-reports-first-quarter-fiscal-year-2024-results" target="_blank">first quarter of fiscal year 2024</a>, stating that total revenue increased by 79% compared to the previous year. For Q1 FY 2023, a net loss of $68 million was reported, and the deficit shrank by 81% to $13 million for Q1 FY 2024. For the second quarter of FY 2024, Symbotic anticipates total revenue to be in the range of $400 million to $420 million.</p>



<p>Over this past year, its share price has risen by 50%, and it has experienced consistent growth since starting to trade publicly in mid-2022.</p>



<p>It is a company that has substantial growth potential due to its highly sought-after products and services, innovative robotics, and generative AI technology. SYM is moving in the right direction towards overall profitability, with its net loss shrinking and revenue projections growing. Symbotic could be a winner for investors looking to jump on board a growing robotics stock.</p>



<p><em>As of this writing, Noah Bolton&nbsp;did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a></em></p>
<div><p>Noah has about a year of freelance writing experience. He&rsquo;s worked with Investopedia dealing with
topics such as the stock market and financial news.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-robotics-stocks-to-turn-1000-into-1-million-april-2024/">3 Robotics Stocks to Turn $1000 into $1 Million: April 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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<p>Robotics stocks have been making incredible strides, transforming industries as diverse as healthcare, manufacturing and human capital management. As robots become smarter and more capable, the demand for robotics solutions will continue to soar.&nbsp;</p>



<p>While the future is always uncertain, the potential of the robotics industry is undeniable. From self-driving cars to advanced surgical systems, the world is rapidly embracing robotics innovation. Investors eyeing long-term growth opportunities continue to closely monitor these companies, recognizing their potential to deliver outsized returns over the next decade.&nbsp;</p>



<p>Now, let&rsquo;s unpack the top robotics stocks on pace to triple by 2030!</p>



<h2><strong>Nvidia (NVDA)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/nvda1600-1-300x169.png" alt="Nvidia (NVDA) investment growth and profit trading concept. Nvidia company logo on screen of smartphone against blurred background of up trading stock chart"><div>Source: Below the Sky / Shutterstock.com</div></div><p><strong>Nvidia </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a></span>) is at the forefront of the robotics revolution. The company&rsquo;s graphic processing units (GPUs) are the powerhouse behind many advanced AI and machine learning applications.</p>



<p>Nvidia is heavily invested in developing software platforms and tools specifically for robotics applications. Its robotics platform, <a href="https://developer.nvidia.com/isaac">Nvidia Isaac,</a> provides developers with a comprehensive suite to build and simulate robots. That helps speed up the lead time and deployment of robotics applications, which can be extremely robust depending upon the scale. With robots needing to process vast amounts of data to perceive and interact with their environment, Nvidia&rsquo;s AI GPUs are an essential component of this process. Nvidia Isaac also provides a full spectrum for optimizing advancements in AI specifically tailored to robotics learning. This powerful combination of hardware and software positions Nvidia as a major beneficiary of the robotics boom.</p>



<h2><strong>Intuitive Surgical (IRSG)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/isrg-stock-300x169.jpg" alt='An image of a white, grey, and orange sign with the "Intuitive Surgical" logo and number "1020" on a patch of grass in front of a white, grey, and orange building on a sunny day.'><div>Source: michelmond / Shutterstock.com</div></div><p><strong>Intuitive Surgical </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/isrg-stock-quote/"><strong>ISRG</strong></a></span>) is a contender for the best robotics stocks on pace to triple by 2030. The company is a leader in the field of robotics surgery, and its da Vinci surgical system holds a dominant market share.</p>



<p>Intuitive Surgical&rsquo;s success lies in its da Vinci surgical system, an innovative platform revolutionizing minimally invasive surgery. The system enables surgeons to perform complex procedures with enhanced precision and control, leading to better patient outcomes. With a minor hiccup in 2020, the company has executed well, delivering strong revenue and earnings growth over the last decade. In its <a href="https://isrg.intuitive.com/news-releases/news-release-details/intuitive-announces-first-quarter-earnings-5">latest quarterly financial results,</a> revenue increased 11% year-over-year (YOY) to $1.7 billion. Net income increased to $545 million, or $1.51 per diluted share, with da Vinci surgical installs hitting a record 8,887 as of March 31, 2024. With the recent approval of its next-generation da Vinci 5 system by the FDA, the future remains extremely bright.</p>



<h2><strong>UiPath (PATH)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/path-stock-300x169.jpg" alt="The UiPath logo on a smartphone in front of a computer screen."><div>Source: dennizn/Shutterstock.com</div></div><p><strong>UiPath </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/path-stock-quote/"><strong>PATH</strong></a></span>) is a market leader in robotics process automation (RPA) software. Its platform provides a user-friendly way to create and deploy software robots that can mimic human actions.&nbsp;</p>



<p>UiPath&rsquo;s platform has garnered widespread acclimation, attracting a diverse range of clients across various industries. The company&rsquo;s solutions cater to both large enterprises and smaller businesses, helping to ensure broad market appeal. Additionally, the market is still in its infancy stages and Grand View Research <a href="https://www.grandviewresearch.com/industry-analysis/robotic-process-automation-rpa-market">estimates</a> the market will grow at a 40% CAGR from 2023 to 2030. The potential for UiPath to transform the way work gets done is enormous. The company also just hit a very important milestone, achieving its first profitable quarter as a public company in <a href="https://ir.uipath.com/news/detail/330/uipath-reports-fourth-quarter-and-full-year-fiscal-2024-financial-results">Q4 FY24.</a> As automation becomes indispensable in the business world, UiPath remains one of the top robotics stocks to snap up in 2024 while it&rsquo;s still cheap.</p>



<p><em>On the date of publication, Terel Miles did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com </em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines</em>.</a></p>
<div><p>Terel Miles is a contributing writer at InvestorPlace.com, with more than seven years of experience investing in the financial markets.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/hop-on-the-robotics-rocket-3-stocks-on-pace-to-triple-by-2030/">Hop on the Robotics Rocket: 3 Stocks on Pace to Triple by 2030</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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<p>The U.S. economy holds promise with the rapid growth of robotics stocks and automation across industries. Companies increasingly invest in automated systems, expecting significant improvements in output quality, efficiency and uptime. The retail and consumer goods sector, in particular, is poised to lead this automation wave, with substantial capital allocations planned over the next five years. While challenges remain, such as upfront costs and adapting to new technology, there&rsquo;s an overall positive impact, paving the way for a more resilient and adaptable industrial landscape.</p>



<p>The robotics market is projected to reach $95.93 billion by 2029 &mdash; a CAGR of 15.91%. This industry and growth confidence are exactly why you need to invest in these top three robotics stocks.</p>



<h2><strong>Alphabet (GOOG, GOOGL)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/02/alphabet-stock-google-1-300x169.jpg" alt="Alphabet (GOOG,GOOGL) sign reading Google inside building"><div>Source: Benny Marty / Shutterstock.com</div></div><p><strong>Alphabet</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a>, NASDAQ:<a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>), is a technology conglomerate most well known for its subsidiary advertising and cloud computing company Google.</p>



<p>GOOG is up <a href="https://finance.yahoo.com/quote/GOOG/">14.89% YTD</a>. In April, <a href="https://finance.yahoo.com/quote/GOOG/analysis">5 out of 5</a> analysts on Yahoo! Finance rated the stock as a &ldquo;Buy&rdquo; or &ldquo;Strong Buy,&rdquo; indicating bullish analyst sentiment. Although the stock has already surpassed the average price target of $155.08, some analysts have set a price target as high as $173.57, showing the company&rsquo;s potential for further growth.</p>



<p>Alphabet has demonstrated strong financial performance over the last few years. In 2023, the company&rsquo;s revenue grew by 9.36%, from $280,875 million to $307,157 million. Additionally, the company has even more income to collect, with accounts receivable increasing by <a href="https://www.wsj.com/market-data/quotes/GOOG/financials/annual/balance-sheet">19.14%</a>.</p>



<p>A key catalyst for Alphabet is its effective use of AI to bolster user connectivity and software accessibility. <a href="https://blog.google/inside-google/company-announcements/building-ai-future-april-2024/">The company </a>has shown efforts to accelerate its AI development projects, such as consolidating its research and Google DeepMind teams, to increase its ability to deliver AI to customers and users. Google DeepMind is advancing robotics with AutoRT, SARA-RT and RT-Trajectory, improving robot understanding and navigation. AutoRT trains robots using large models, SARA-RT streamlines transformer models and RT-Trajectory enhances robot learning with visual outlines for tasks.</p>



<p>Ultimately, Alphabet is an outstanding option among AI and robotics stocks for investors to buy.</p>



<h2><strong>Symbotic (SYM)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/sym1600-300x169.png" alt="Person holding smartphone with website of US robotics warehouse company Symbotic Inc. on screen with logo. Focus on center of phone display. Unmodified photo. SYM stock"><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Symbotic </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/sym-stock-quote/"><strong>SYM</strong></a></span>)<strong> </strong>creates automation technology with artificial intelligence embedded software &mdash; namely a fleet of robots to automate the processing of pallets and cases in warehouses. Its stock has climbed 35% in the past year, and analysts indicate it could still rise. 15 analysts have a <a href="https://www.cnn.com/markets/stocks/SYM">median price target</a> of $55.00, representing a 36% increase from current levels.&nbsp;</p>



<p>In Q1 2024, <a href="https://ir.symbotic.com/news-releases/news-release-details/symbotic-reports-first-quarter-fiscal-year-2024-results">Symbotic</a> posted strong operational and financial results. With quarterly revenue of $369 million, the company brought in nearly 80% more in revenue than in Q1 2023. Additionally, Symbotic moved closer to profitability and improved its gross profit margin by 1.9% YOY. The company also strengthened its balance sheet, adding $129 million in cash, cash equivalents, restricted cash and marketable securities compared to the prior quarter, achieving a debt-to-equity ratio of <a href="https://seekingalpha.com/symbol/SYM">0.112</a>.&nbsp;</p>



<p>Despite Symbotic&rsquo;s exceptional performance, some investors are concerned about the concentration of its customer base. In 2023, <a href="https://ir.symbotic.com/node/8301/html#i756205c4a1364c0fa280ffc8b277c3db_49">88% of the company&rsquo;s revenue</a> came from its deal with <strong>Walmart </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/wmt-stock-quote/"><strong>WMT</strong></a></span>). As such, Walmart wields huge influence over Symbotic&rsquo;s decisions and even prohibits Symbotic from providing services to some of Walmart&rsquo;s competitors. While Symbotic&rsquo;s dependence on a single customer is concerning, the company is making progress towards expanding. For example, last year, <strong>SoftBank </strong>(OTCMKTS:<span><a href="https://investorplace.com/stock-quotes/sftby-stock-quote/"><strong>SFTBY</strong></a></span>) and Symbotic established a <a href="https://ir.symbotic.com/news-releases/news-release-details/softbank-group-and-symbotic-establish-new-warehouse-service">warehouse-as-a-service joint venture</a>, which includes a $7.5 billion sale of Symbotic systems. If Symbiotic diversifies its customer base, it could quickly evolve into a profitable company with stable, long-term growth.&nbsp;</p>



<h2><strong>UiPath (PATH)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/path1600-300x169.png" alt="In this photo illustration the UiPath (PATH) logo is displayed on a smartphone."><div>Source: rafapress / Shutterstock.com</div></div><p><strong>UiPath </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/path-stock-quote/"><strong>PATH</strong></a></span>) offers a range of robotic process automation solutions through its AI-powered automation platform, essentially helping businesses automate repetitive tasks. Its stock has risen 30% over the past year to $19.55, and 24 analysts have a <a href="https://www.cnn.com/markets/stocks/PATH">median price target</a> of $28.00, indicating a return of nearly 44%.&nbsp;</p>



<p>In Q4 FY2024, <a href="https://ir.uipath.com/news/detail/330/uipath-reports-fourth-quarter-and-full-year-fiscal-2024-financial-results">UiPath</a> posted record quarterly revenues of $405 million, a 31% increase YOY. In terms of valuation, UiPath now has a non-GAAP forward P/E of 32.70 and trades at <a href="https://seekingalpha.com/symbol/PATH/valuation/metrics">6.91 times forward sales</a>. When compared to other software companies that are embracing AI &mdash; such as <strong>Adobe </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/adbe-stock-quote/"><strong>ADBE</strong></a></span>) &mdash; UiPath is trading at relatively low multiples and remains inexpensive.</p>



<p>Furthermore, UiPath is actively looking to add new customers and doing so would be a huge sustainable growth opportunity for the company. With a dollar based net retention rate of 119% in Q4 2024, UiPath has proven that, once it gets its products into an organization, the company can upsell its services and grow revenue. To strengthen on this front, UiPath recently expanded some of its partnerships, including its <a href="https://www.uipath.com/newsroom/uipath-and-google-cloud-announce-uipath-now-listed-on-google-cloud-marketplace">partnership with Google Cloud</a>. With these focuses, expect UiPath to continue building strong earnings momentum and remain a great choice in robotics stocks to buy.&nbsp;</p>



<p><em>On the date of publication, Michael Que did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>



<p><em>The researchers contributing to this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Michael Que is a financial writer with extensive experience in the technology industry, with his work featured on Seeking Alpha, Benzinga and MSN Money. He is the owner of Que Capital, a research firm that combines fundamental analysis with ESG factors to pick the best sustainable long-term investments.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/the-top-3-robotics-stocks-to-buy-in-april-2024/">The Top 3 Robotics Stocks to Buy in April 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

The Top 3 Robotics Stocks to Buy in April 2024

AMZN

ANEW

ARKB

BEAM

BOTZ

BSQKZ

CRSP

DELL

DSGX

DTEC

EXAS

GOOG

GOOGL

IGPT

IRBO

ISRG

KOMP

LRNZ

MARA

MSFT

NTLA

OSPN

PEGA

PINS

ROBO

ROBT

THNQ

UBOT

VCYT

WTAI

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