Will UiPath Stock Be Worth More Than $3 Trillion by 2050?
UiPath (NYSE: PATH) is a tiny company compared to Microsoft. The stock of the maker of robotic process automation (RPA) software is only worth $7.2 billion, while the diversified tech titan is worth a whopping $3.37 trillion.
But back in May 1990, Microsoft had market cap of only $7.2 billion. Yet from fiscal 1990 (which ended in June 1990) to fiscal 2023, its revenue grew at a compound annual growth rate (CAGR) of 17%, from $1.2 billion to $211.9 billion. Could UiPath follow a similar growth trajectory and become worth more than today's Microsoft by 2050?
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Source Fool.com
Microsoft Corp. Stock
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