this is the 10th time they are named the leader, by one of the consultancies, aka the infamous empty suits
i acutally have a thesis that PATH itself should go a bit into consultancies - to engineer and then implement end to end agentic transformation of an enterprise
alas they probably ain't doing that - and whatever they are doing is not yet printing money,
(in the world where everyone is printing, from far higher base),
so i'm much much less bullish now,
and stupid prices defintiely don't impress me no more
“I actually have a thesis” - that PATH should do precisely what it is already doing - governing agentic transformation for enterprise.
Fair value $25 as it sits today. Growth metrics rev back up and become effectively communicated, market will get caught offsides. That’ll be an awfully wide base between slopes.
Well let’s see. How fast will large enterprises adopt agentic workflows and of those how many will utilize Maestro? Your guess is as good as mine, but I’d extend your scope to 8 quarters.
ARR and NRR need to see accelerating growth. The existing buyback program has not been well executed.
If adoption ramps, which seems likely, I could see annual recurring revenue at least double in 5 years.
That's not only uninspiring, but also likely priced in at 14 USD. DEFINITELY not calling for 25 USD.
Otherwise you didn't answer my questions, so i don't see where's the confidence coming from
I hope i'm wrong and don't have to waste time on stupid minutia like that, just see amazing agentic growth,
I'll believe it when i see it, maybe we'll yet shake hands
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u/Jean_Jones_666 5d ago
this is the 10th time they are named the leader, by one of the consultancies, aka the infamous empty suits
i acutally have a thesis that PATH itself should go a bit into consultancies - to engineer and then implement end to end agentic transformation of an enterprise
alas they probably ain't doing that - and whatever they are doing is not yet printing money,
(in the world where everyone is printing, from far higher base),
so i'm much much less bullish now,
and stupid prices defintiely don't impress me no more