Sep. 7 at 1:10 AM
$PATH Path is still relatively cheap, trading at a forward price-to-sales ratio of 4.4 times for a high gross margin, recurring business model. Take out its
$1.4 billion in cash and marketable securities, and the stock trades at an enterprise-value -to-forward-sales ratio of just around 3.5.
Investors only see AI and that it will replace / do everything itself.
Path isn't only RPA anymore.
Path is agnetic automatmation that combines traditional RPA with autonomous AI agents to handle complex unstructured workflows.
Agnetic automation is still very new to path, it still has to show numbers are growing from this.
