Apr. 14 at 4:06 AM
$PATH – The
$500M buyback alone, mechanically, is worth roughly
$1.00–
$1.50 per share at current prices. But the real leverage comes from:
Shrinking the float, which pressures short sellers.
EPS accretion, which improves profitability optics.
Signal effect — management buying back at
$12 implies they believe intrinsic value is much higher.
If PATH re-rates to a 6x–7x P/S multiple (which is reasonable for a profitable, debt-free automation/AI platform), the math suggests a price range of
$18–
$23 — and that's before any buyback-driven short squeeze.
This is purely analytical and not financial advice — always do your own due diligence.
