Robotic process automation unicorn UiPath is expected to go public this week, focusing our attention on its value.
The well-known company was last valued in private markets at $ 35 billion in February when it closed a $ 750 million round. However, living up to that price as a state-owned company, at least in terms of its official IPO price, is proving difficult.
In a sense, that’s not too surprising given that the IPO market cooled at the end of the first quarter of 2021. UiPath launched its last private tour when markets were most interested in public offerings and between. now traded in a slightly changed climate.
In numerical terms, UiPath increased its IPO range from $ 43 to $ 50 per share, to $ 52 to $ 54 per share. That’s a 21% jump in value from the lower end of its range and an 8% gain from the value of the upper end of its IPO price range per share.
UiPath is also selling more stocks than before, which should make its total valuation slightly above the high end of a mere 8% gain. So let’s go over the math one more time. Next, we’ll stack its simple, fully diluted new IPO valuations against its final private price, ask ourselves if our thoughts on the company’s recent profitability are boring, and finish by asking where the company might finally assess. , and if we expect her to. do it above its new price range.