UiPath (PATH) Stock Down Since Jim Cramer Said It Wasn’t For Him

UiPath, Inc. (NYSE:PATH) is one of the Jim Cramer’s Hottest Robotics and Physical AI Stock Picks.

UiPath, Inc. (NYSE:PATH) is a robotic process automation firm that provides software robots to automate processes and operations. Its shares are up by 1.5% over the past year, but they are down by 35% since Cramer discussed them in October on Mad Money. However, UiPath, Inc. (NYSE:PATH)’s shares surged by 32% in early October before his remarks. Among the news reports that hit the wires during this time period was a press release on September 30th, which saw the firm announce partnerships with Microsoft, NVIDIA, OpenAI, and other technology giants. Its shares also closed a strong 24% higher on December 4th. The surge came after UiPath, Inc. (NYSE:PATH) reported its third quarter earnings report, which saw the firm post $411 million in revenue and $0.16 in adjusted earnings per share. The results beat analyst estimates of $392 million and $0.15. However, earlier this month on the 12th, UiPath, Inc. (NYSE:PATH)’s stock closed 8% lower as the firm reported its fourth quarter earnings. The results saw its revenue and earnings beat analyst estimates but miss fiscal 2027 revenue guidance. Here’s what Cramer had said about UiPath, Inc. (NYSE:PATH) on October 10th:

“I’ll tell you the truth… It just had such a big move. I can’t recommend it. It just, just soared. It’s not for me.”

UiPath (PATH) Stock Down Since Jim Cramer Said It Wasn't For Him

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While we acknowledge the risk and potential of PATH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PATH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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