Feb. 8 at 7:09 PM
$PATH:
✅Technical Founder-led company: Daniel Dines.
✅Cheap current valuation: 4x trailing sales.
✅Strong balance sheet:
$1.4B in cash with zero debt.
✅Profitability: GAAP profitable and free cash flow positive.
✅Decreasing share count: Strong buybacks outpacing SBC driving shareholder value.
✅Growing TAM: Projected 30% CAGR through 2035
✅Growth Catalyst Incoming: Agentic orchestration for enterprises is about to explode.
✅Strong moat: Over 10,000 "sticky" enterprise customers with high switching costs.
$PATH has deep legacy system connectivity and governed agentic intelligence.
✅Vertical Integration: 9 pre-configured use-specific orchestrations (count is growing) that allows
$PATH to quickly gain share at high margins.
✅Strong GTM Strategy: Large network of Value-Add Retailers, marketing partnerships with Deloitte and SAP, and growing UiPath marketplace.
✅Technology Partners: Microsoft, NVIDIA, Google, Anthropic, OpenAI, LangChain, Snowflake, etc.
