Path Heading to ~ 28$ Multiple indication pointing that #Path is heading to ~28$, all we have to do is set a watch
PATH trade ideas
PATH UiPath Options Ahead of EarningsIf you haven`t bought PATH before the previous earnings:
Then analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$NYSE:PATH 2024-03-14 looks pretty bearish NYSE:PATH stock going down on big volume, it could be a sweet spot for shorting if stock goes down $22
UiPath Record Revenue and Strategic Partnerships Propel GrowthUiPath ( NYSE:PATH ), the pioneering enterprise automation and AI software company, has announced its fourth quarter and full-year fiscal 2024 financial results, showcasing remarkable growth and strategic initiatives that underscore its position as a leader in the industry.
In the fourth quarter, UiPath ( NYSE:PATH ) reported record-breaking revenue of $405 million, marking a significant 31 percent increase year-over-year. Accompanying this impressive revenue growth was an equally noteworthy achievement: UiPath achieved its first quarter of GAAP profitability as a public company, demonstrating its commitment to financial stability and long-term success.
Key to UiPath's ( NYSE:PATH ) success is its Business Automation Platform, which continues to deliver meaningful outcomes for its customers. With an Annual Recurring Revenue (ARR) reaching $1.464 billion, representing a robust 22 percent increase year-over-year, UiPath's platform empowers organizations to streamline processes, innovate, and adapt more quickly in today's rapidly evolving digital landscape.
Rob Enslin, UiPath's Chief Executive Officer, emphasized the transformative power of UiPath's AI and automation solutions, stating, "The combination of UiPath’s AI and automation is the strategic change enabler for our customers that makes any digital transformation easier and faster, while empowering customers to innovate, adapt more quickly, and grow."
UiPath's financial highlights for the full year fiscal 2024 further underscore its sustained growth trajectory. With revenue reaching $1.308 billion, a 24 percent increase year-over-year, and a net new ARR of $260 million, UiPath has demonstrated its ability to deliver value and drive operational excellence.
Ashim Gupta, UiPath's Chief Financial Officer, expressed satisfaction with the company's performance, highlighting significant year-over-year increases in operating margins and record cash flow. Looking ahead to fiscal year 2025, Gupta outlined strategic investments to further expand UiPath's( NYSE:PATH ) market leadership while maintaining a focus on operating leverage.
In addition to its stellar financial performance, UiPath has announced several recent business highlights that underscore its commitment to innovation and strategic partnerships. These include the launch of UiPath Autopilot™ for Studio and Autopilot™ for Test Suite, an expanded partnership with Google Cloud, and the introduction of turnkey automation offerings in collaboration with Deloitte, among others.
Furthermore, UiPath's ( NYSE:PATH ) recent appointment of technology executive June Yang to its Board further strengthens its leadership team and positions the company for continued growth and success in the dynamic AI and automation landscape.
Path is ready to blastPath is ready to breakout right now it crosses 100 MA if results are good it makes new highs in upcoming days
Can PATH Climb Out of the Bull Pennant? Decoding the Daily ChartThe PATH chart shows an interesting development with a potential breakout from a daily bull pennant pattern. Based on technical analysis, this breakout could indicate a backtest of $22 followed by a move towards $32-$36. However, remember that the stock market is volatile and reaching these targets is not guaranteed. Earnings on 3/13
PATH Weekly Up on VolumePATH had a nice up week on volume. It has formed a healthy base after a strong stage 2 breakout. The relative strength line is rising although not at all time highs. The financial metrics look strong too. I would look to go long on a follow through.
PATH Testing $26.50 PivotPATH is currently pushing into the $26.50 pivot. It broke once but was immediately rejected. The 50 EMA has been acting as support, and this looks like it will only be a matter of time before it breaks out to new highs.
$PATH basing above 50EMALooking good with NYSE:PATH basing above 50EMA ready to make a move. It could also retrace which can be healthy to shake off weak hands and V-shape back to 50EMA.
Time to Buy PATH: Positive News and Analytical OptimismShares of UiPath Inc. (NYSE:PATH) , a company specializing in process automation using robotic software agents, now represent an attractive investment opportunity. Recent positive news about the company, including strong quarterly reports and new strategic partnerships, has significantly improved its market potential.
Analysts note that UiPath is at the forefront of the automation sector, offering advanced solutions that are in demand in many industries. The growing demand for process automation and digital transformation promises an increase in the company's revenues in the medium and long term.
In addition, the company demonstrates strengthening of its market position through new partnerships and expansion of its product portfolio. This not only increases its revenue, but also enhances its resilience to market fluctuations.
Considering these factors, PATH shares represent an attractive opportunity for investors seeking growth in the technology and innovation sector. Given the current positive trends and optimistic forecasts of analysts, investing in PATH shares may offer significant growth potential in the future.
$PATH: 22.5 Bears Paving A PathUIPath is showing a considerable amount of weakness in the face of a strong market and we're considering the possiblity it could get worse. We believe the USD may stay boyant enough to subdue growth stocks for a little bit longer.
What PATH does at support is importantNYSE:PATH maybe test support around $20.30 before it continues it's NYSE:PATH lol.
I'm bullish long term on this stock and it's price should for the most part correlate to the rest of the technology sector, which is up quite a bit this past year. This company is held in many Ark ETF's, a Cathie Woods favorite, for what it's worth.
NYSE:PATH NASDAQ:ZBRA
Will momentum push PATH above it's resistance?I've been watching this stock for a couple years now. I think it's a really exciting company, and I'm always looking for robotics/automation technology companies that aren't priced through the roof. I'm not saying Path is priced to buy right now, I'm just highlighting where the price actions usually begins to subside. Notice the auto trendlines. The blue circle is where PATH should find some resistance.
But with this market momentum, PATH could a winner. What are the thoughts among the community?
Oh yeah I think it's definitely gonna break $20
Shift in the dynamics between bulls and bearsHere we have another example where the dynamics between sellers (bears) and buyers (bulls) have shifted. The first indication of this change occurred in May 2023, where bears failed to establish a lower bottom. Instead, bulls broke through the previous lower high and pushed the price up to $20 in June 2023. In September-October, the price formed a higher low, and by the end of December, it became evident that the dynamics between bears and bulls had changed. This was further emphasized when the price broke through the previous higher high and formed a skewed inverse head and shoulders formation. Although the formation may be somewhat unclear, the most significant aspect here is that bears have lost control, and bulls are clearly dominant.
Currently, I am awaiting a pullback towards the 200-day exponential moving average (EMA) before considering a long position.
Where do you think the direction is heading for PATH?
PATH Burning HotThis one showed on my filter within the last 1-2 weeks.
Am expecting this Head & Shoulder pattern with trendline support to push this to the target.
Follow for more tips in the future.
UiPath Stock Spikes More Than 20% After Earnings BeatKey Takeaway
1. UiPath’s stock surged more than 20% after the market opened Friday.
2. The company posted quarterly earnings Thursday that beat revenue and adjusted earnings per share expectations.
UiPath stock popped more than 20% on Friday, one day after the company released quarterly earnings that beat Wall Street’s top- and bottom-line expectations.
The enterprise automation software company posted $325.9 million in revenue for the quarter ending Oct. 31, in contrast to the LSEG, formerly Refinitiv, estimate of $315.6 million. Adjusted earnings per share came in at $0.12, more than the $0.07 analyst projection.
UiPath also raised its fourth-quarter and full-year fiscal 2024 outlook for annual recurring revenue. Its ARR was up 24% year over year to $1.38 billion. For companies like UiPath that are reliant on subscriptions, annual recurring revenue is an important metric that reveals how much money a company receives on a recurring basis.
Analysts across the board were pleased with the ARR raise and the company’s strategy to target new businesses.
“Its strategic bet, almost a year old, on driving value for big clients with the longest/broadest automation journeys is paying off; these customers are driving the lion’s share of growth,” analysts from Davidson wrote in a note to investors.
Bank of America analysts highlighted UiPath’s expansion into new verticals, such as retail, IT and manufacturing, as part of their optimistic expectations for the company’s growth.
“We expect to see a healthy reacceleration in key growth metrics such as ARR and NRR (net revenue retention), in Q1 when we reach easier comparisons in the small business segment,” Bank of America analysts wrote in a note to investors.
Davidson analysts believe that more widespread adoption can be attributed, at least in part, to UiPath’s integration of generative artificial intelligence.
The weaving of Generative AI into its broadened automation platform, is driving strong adoption amongst enterprises.
Technical Analysist
PATH is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
PathLooks like a crypto currency accumulative zone
The longer the accumulation
The stronger the breakout..
Volumes up in the acc zone
Just what we'd like to see..
A Glimpse Into the Future of AI Companies StocksInvesting in AI companies can be a wise decision, but like any investment, it is important to do your research and understand the potential risks and rewards. Companies such as UiPath, Intuitive Surgical, and Palantir Technologies have seen significant growth in recent years, but it is important to consider their market capitalization and share prices before investing.
UiPath, a software automation company, went public in April 2021 with an initial market capitalization of around $36 billion.
Intuitive Surgical, a company that produces surgical robots, has a market capitalization of over $93 billion.
Palantir Technologies, a data analytics company, went public in September 2020 with an initial market capitalization of around $22 billion.
It is also important to consider the rating of the shares and the security of the company before investing. For example, UiPath was rated as a buy by several analysts following its IPO, but investors should also consider the potential risks and competition in the market.
In terms of upcoming IPOs, there are several AI companies that are expected to go public in the near future, including UiPath's competitor Automation Anywhere, online education platform Coursera, Google’s company Waymo, and others.
As with any investment, it is important to do your own research and consult with a financial advisor before making any decisions. While the investment potential of these companies is undoubtedly significant, investors should be aware of the risks involved in investing in new and untested technologies. AI companies are subject to a variety of risks, including regulatory risk, intellectual property risk, and competition from other companies in the sector. As such, investors should carefully consider their investment options and consult with a financial advisor before making any investment decisions.
In terms of investment potential, it's important to note that investing in AI Companies can be risky, as with any new technology. However, for those willing to take the risk, the potential rewards could be substantial. The key is to do your research and choose companies that have a solid business plan and a proven track record of success. It's also important to keep an eye on the broader market trends and economic indicators, as these can have a significant impact on the success of any investment.
When it comes to security, AI technology is still in its early stages and there are certainly risks involved. However, companies that are dedicated to building secure AI systems and investing in the necessary security measures should be able to mitigate these risks to some extent. It's also important to note that as AI technology continues to evolve, so too will the security measures that are needed to protect it.
As AI technology becomes more advanced and more widely adopted, there will be a growing demand for companies that can provide innovative solutions in this space. This presents a significant opportunity for investors who are willing to take a long-term view and invest in companies that are dedicated to the ongoing development of AI technology.
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Rating: Risky Buy with High Upwards Potential
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Uipath allcumalation at 15.29 and 14.55UiPath is near its support line, you can start accomalting around 15.3 and average till 14.55. Target is resistance line. Please consult your financial advisor before investing.
$PATH on Breakout WatchNYSE:PATH has been consolidating in a stage 1 base for a while now as shown on this weekly chart. I see NYSE:PATH is putting in a series of higher lows and is sitting just under an area of resistance. The breakout looks like it would be over $20.
I'll be looking at a lower timeframe and a good market to get involved. See relevant notations on the chart.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
September Trades (PATH, account up 10.04%)4th day trade in September is NYSE:PATH on 9/7/2023.
Account is up 10.04%.
Total return in September is 26.40%.
UiPath Bottoming & Trend Shift Signs Point to Trade PotentialHi guys! With this years bullish activity, ive been on the hunt to find assets that are down 50%+ and with unignorable strong technical signs of bottoming that will pull in bullish activity.
One that i have noticed to have some nice technical signs playing out in my opinion is UiPath,Inc (PATH).
This analysis is on the 1 Week timeframe giving us Macro insights.
First we will discuss MAJOR Macro developments that really brought my attention to PATH.
We have broken out and confirmed out of MAJOR RESISTANCE Line that expresses our major DOWNTREND.
That is indication in my opinion of a Trend Change.
This is important to see in a stock trying to bottom out.
The 2nd MAJOR Development, is the observation of an ASCENDING Triangle Pattern.
Usually its seen as a Bullish Continuation Pattern but at bottoms it can be seen as a Bottoming pattern.
If we start to see signs of a breakout and then CONFIRM Support on the Blue Flat Trendline, it would signify the Triangle is playing out and we have indeed bottomed.
The confirmation of Support would make a solid area to take positions.
VOLUME must continue to increase if we are to breakout of the Triangle.
So this next week to couple weeks will be interesting to see what happened.
Also note, that for the Triangle to play out, we need to pass some Extreme RESISTANCE. There is always a possibility of a rejection here or a fakeout so maintain vigilence and watch for CONFIRMATION.
Keep in mind also a rule of trendlines = The more we touch a trendline, the weaker it gets.
Now lets take our attention to Current Price Action:
As long as we close around these current prices today, we will print a BULLISH ENGULFING candle.
This print will also have our price action ABOVE the 21 EMA.
Though we've been above and below quite a few times, with other things playing out in the charts, i believe we have a more likely chance to continue ABOVE the 21 EMA.
Normally in UPTRENDS, staying ABOVE the 21 EMA is needed.
We will need a test of support and confirmation of maintaining it.
ALong with this, if our MACD prints a BULLISH CROSS while being above the 0 level, this would be key for BULLISH MOmentum to come in.
With MACD if the Red line in the RSI is broken and it takes the Path i drew out in black.
This would make it likely for the Ascending Triangle to play out to the measured target.
Check out my Doordash Idea to see example of Ascending triangle.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on PATH in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
