UiPath serves customers in more than 115 countries, including across eastern Europe and Russia. At First Blush, UiPath Shows Major Negative Trends in Both Top and Bottom Lines We're likely getting closer the more depressed the outlook right now, the closer we're getting to a major trend reversal. (The Nasdaq bear started a couple of weeks earlier.) Once the market turns around, the average bull market runs for 991 days, or 2.7 years, during which stocks gain 114%.
The current one started at the beginning of the year we're past 9 months. Remember that the average length of a bear market for the S&P 500 is 289 days, or just about over 9 months, during which stocks lose 36% on average. But these kinds of bargains won't last, and we're clearly well into the downtrend. The bear market is inflicting tremendous pain to unprofitable ventures. Can the share price regain altitude? Not only do we believe it can, but we argue that now is a great time to start accumulating. Since going public in 2021, the stock has lost 82.8% of its value (as of ).
But a number of factors including new management, a solid balance sheet, much more favorable financials than it seems, and technical product leadership, lead us to believe that the stock is a strong buy, not a sell. A deterioration in growth prospects and the lack of profitability, combined with terrible momentum, not to mention a poisonous macro-economic environment that punishes long-duration equities, seem to make the bearish case on UiPath Inc.
0 kommentar(er)
