The second leg for $PATHUiPath, Inc. Class ANYSE:PATHDizPlinPATH This is how I see the next move playing out. Forget the reaction to earnings for a minute and look at the company itself. UiPath has continued to improve quarter by quarter - revenue beat expectations again, ARR continues to grow, profitability has improved and management raised full-year revenue guidance. Meanwhile, the business itself keeps expanding. Maestro, agentic AI, testing and orchestration are giving UiPath far more ways to grow than the old RPA story. The first leg took us from roughly $10 to $18+. Earnings wiped a lot of that move out, but we're now sitting back around an important $13–14 area. If the fundamentals continue improving, I see this as the base for the second leg, not the end of the first one. The market can disagree in the short term. The company just needs to keep delivering!