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Is Now the Time to Buy UiPath?

TheMotleyFool

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Like Coinbase, Riskified, or many hot 2021 IPOs, UiPath (NYSE: PATH) has fallen from grace since its initial public offering in April. After raising $700 million, the company has done nothing but execute, posting stellar financials and growth in the last quarter. Yet the hype and interest in the company have fallen, sending shares into a downward spiral.

Now UiPath is down nearly 40% from its all-time highs. Here's why the company remains at the top of my watch list, despite the stock's poor performance since UiPath went public.

Image source: Getty Images

Source Fool.com

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