Apr. 13 at 5:39 PM
$PATH The
$500M buyback alone, mechanically, is worth roughly
$1.00–
$1.50 per share at current prices. But the real leverage is:
1. Shrinking float pressures short sellers
2. EPS accretion improves profitability optics
3. Signal effect — management buying back at
$12 implies they believe intrinsic value is materially higher
If PATH re-rates to a 6x–7x P/S multiple (reasonable for a profitable, debt-free automation/AI platform), the math points toward a
$18–
$23 range — and that’s before any buyback-driven short pressure.
This is purely analytical and not financial advice — always do your own due diligence.
