UiPath, Inc. (NYSE: PATH)

UiPath, Inc. (NYSE: PATH) provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, and Japan. 

PATH stock has dropped more than 76% since its 2021 listing and is down 59% year-to-date (YTD).

The poor performance was mainly due to the slowing growth guidance announced in the fiscal year 2022. Yet, the company beat analyst revenue and earnings per share (EPS) estimates in the past four quarters.

The growth stock is also expected to lift net sales this year, up 21.4% year-over-year (YOY) to $892.25 million and by another 31% to $1.08 billion in 2023.