What to Expect From UiPath’s Q4 Results?
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/PATH'>UiPath Inc. (NYSE:PATH) </a>ahead of the company’s Q4 results, which will be reported on March 30.</p>
<p>The analysts said they will be focused on ARR/net-new ARR, customer expansion and NRR trends, and the initial growth/margin outlook for 2023. They look for an upside to Q4 consensus ARR of $902.5 million, representing a 56% year-over-year and consensus revenue/EPS at $283.0 million/$0.03. The analysts think the quarter should continue to benefit from a robust demand environment, ongoing labor shortages accelerating the need for automation, and a strong pipeline into the fiscal year-end that likely benefits going forward from increasing in-person customer engagement.</p>
<p>Overall, the analysts believe the company remains well-positioned as a long-term strategic enterprise automation vendor but reduced their price target on the company’s shares to $37 from $47 on peer multiple compression as sentiment remains muted with the stock down 40% since Q3 results.</p>

NYSE:PATH