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Down 79%, Is Now the Right Time to Buy UiPath Stock?

TheMotleyFool

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Down 79%, Is Now the Right Time to Buy UiPath Stock?: https://g.foolcdn.com/editorial/images/740920/angry-investor-getty.jpg

Shares of UiPath (NYSE: PATH) hit their all-time high just weeks after the stock made its market debut in 2021. Since then, it has fallen around 79%, leading opportunistic investors to wonder if it's an overlooked bargain.

UiPath is a leader in the rapidly growing market for robotic process automation. In a nutshell, its software allows businesses to identify and automate repetitive tasks so office workers can spend more time adding value to their organizations.

Is UiPath a good stock to buy at its beaten-down price? Let's look at what bullish investors have to say before considering the bearish arguments.

Source Fool.com

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