UiPath Q1 2022 earnings preview
$UiPath, Inc.(PATH.US)$ provides software solutions. The Company designs and develops robotic process automation software to build, manage, run, engage, measure, and govern automations across departments within an organization.
UiPath mentioned that its long term vision is to "leave no manual workflow behind", and while
it might be poised to automate about 50% of manual processes today, it aspires to progress toward 100% over time.
Our Dec 2021 price target of $68 is based on ~34x EV/CY22E revenue, which is ~1.6x the median EV/CY22E revenue multiple for the peer group (at ~21x),accounting for UiPath’s faster most recent quarter growth (81% y/y or ~1.6x of 51% median growth for the comps) offset slightly by its lower level of profitability (-24% FTM GAAP Operating margin for UiPath vs. +6% median for the peer group.
-J.P.Morgan
Stock Performance
Momo Q1 2021 earnings preview
$Momo Inc(MOMO.US)$ operates as a mobile-based social networking platform. The Company enables users to establish and expand social relationships based on location and interests.
Momo's main focus in 2021 is growing its user base, after stagnating for the past two years. It plans to make product changes to attract more female users, penetrate deeper into lower-tier markets with Momo Lite, and re-activate dormant users. Subsidiary Tantan aims to achieve the same goal by improving its marketing efficiency and core dating experience on its app. Momo plans to leverage the social nature of its user base to drive higher monetization from value-added services, while sales stabilization is the main priority for its live-streaming business. User engagement and revenue trends have been positive since Lunar New Year.
Momo expects 1Q sales to fall 3.7-6.5% to a range of 3.36-3.46 billion yuan. This is a sharp improvement from the 19% decline in 4Q.
-Vey-Sern Ling za & Tiffany Tam, Bloomberg Analysts
Stock Performance
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Source: Bloomberg
Editor: Mia