Economic ConcernsConcerns about inflation and interest rates influence the Market Perform rating, suggesting challenges in multiple expansion for long duration cash flow assets like UiPath.
Financial MetricsContinued declines in key metrics including NRR, which dropped to 108% in the quarter, lead to a cautious stance until growth stabilizes.
Market CompetitionSentiment on stock is low, with little perceived chance of success competing in the agentic arena vs. newer peers like OpenAI and Anthropic.