Will UiPath Stock Be Worth More Than $3 Trillion by 2050?
UiPath(PATH) The Motley Fool·2024-07-17 08:15
The robotic process automation leader still needs to overcome growing pains.UiPath (PATH 1.84%) is a tiny company compared to Microsoft. The stock of the maker of robotic process automation (RPA) software is only worth $7.2 billion, while the diversified tech titan is worth a whopping $3.37 trillion.But back in May 1990, Microsoft had market cap of only $7.2 billion. Yet from fiscal 1990 (which ended in June 1990) to fiscal 2023, its revenue grew at a compound annual growth rate (CAGR) of 17%, from $1.2 bil ...