May. 17 at 6:46 PM
$PATH The market is misunderstanding UiPath and mispricing it at the same time. The market thinks it’s a legacy RPA company that’s getting pushed into obsolescence by AI. That’s a lazy, surface-level notion because 1) It’s not just an RPA company anymore (agentic AI orchestration aka Maestro) and 2) Even if it was, the need for RPA is still growing – not retracting.
In this “shiny AI toy” world we live in, everyone writes off things without even doing research. Not the newest, shiniest thing? Obsolete. No use cases.
2026 TAM for “old-fashioned” RPA:
$27B
2034 Projected TAM for RPA:
$110B
19% growth per year over the next 8 years. RPA still has a purpose. Not every company is going to spend billions to bring in the super yachts when all they need is a canoe.
