From Nasdaq:

UiPath (NYSE: PATH) has seen its stock price drop nearly 60% below its IPO price as revenue growth slowed due to economic headwinds. While it controls a significant portion of the RPA market, competition from firms like Salesforce and Microsoft poses a challenge to its future growth potential. Additionally, without its own cloud infrastructure, UiPath may struggle to scale its AI services against larger competitors.

Despite a slower growth rate projected for the next few years, UiPath’s dominance in the RPA market could still lead to significant revenue growth. If it can maintain pace with the forecasted CAGR of 20% in the RPA market, its revenue could reach $7.2 billion by 2030. However, comparisons to tech giants like Alphabet seem premature, as UiPath will need to expand into other markets and possibly build its own cloud infrastructure to achieve similar success.



Read more at Nasdaq: Could UiPath Become the Next Alphabet?