Explore 3 Stock Ideas & Industry Insights Download Free Report

Artificial Intelligence and Emerging Technologies Report

How is the Needle Moving on Two US Listed AI Stock: ARBE Robotics and Ui Path Inc

Jan 07, 2025

  • ARBE:NASDAQ
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (US$)
  • PATH:NYSE
  • Investment Type
    Mid - Cap
  • Risk Level
  • Action
  • Rec. Price (US$)

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

ARBE Robotics (NASDAQ: ARBE) is an Israel-based company, which develops and delivers radars for the detection of small objects. The Company's products fit for drones, automotive, and robots. The Company's imaging Synthetic-Aperture Radar (SAR) provides automotive with four dimensional (4D) radar picture and it is based on patented hardware.

This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

  • ARBE's share price has given a return of 105.12% in the past three months. Similarly, in the long term, the stock has given a return of over 92.31% of the past year.
  • The stock is currently trading near to the higher end of its 52-week range of USD 90 and 52-week low price of USD 1.40, with the expectations of an upside movement to the already continued upward rally.
  • The price is currently above its short-term (50-day) SMA and long-term (200-day) SMA, with the current upward trending RSI of around 86.04, inside the overbought zone.

1.2 Summary Table

1.3 The Key Positives & Negatives

Section 2: Arbe Robotics ltd (NASDAQ: ARBE) (“Speculative Buy” at the closing market price of USD 4.00, as of January 06, 2025)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Ui Path Inc

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

UiPath, Inc. (NYSE: PATH) is an enterprise automation and artificial intelligence (AI) software company. The Company is principally focused on building and managing automations and developing computer vision technology. The Company provides its customers with a set of capabilities that allow them to discover opportunities for automation, automate using a digital workforce that seamlessly collaborates with humans, and operate a mission-critical automation program at scale.

This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

  • PATH's share price has given a return of 12.37% in the past three months. Moreover, in the long term, the stock has corrected by 38.92% over the past year.
  • The stock is currently trading near to the middle of its 52-week range of USD 87 and 52-week low price of USD 10.37, with the expectations of an upside movement if the price breaks an important resistance of USD 14-USD 15.
  • The price is currently between its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 54.44.

1.2 Summary Table

1.3 The Key Positives & Negatives

Section 2: UiPath Inc (NYSE: PATH) (“Buy” at the closing market price of USD 13.81, January 06, 2025)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is January 06, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.


Disclaimer-

Disclaimer This report has been issued by Kalkine New Zealand Limited (FSP691351) (NZBN:9429047678101) (“Kalkine”). Kalkine is a Financial Advice Provider (“FAP”) and is authorised by a Class 1 Financial Advice Provider Licence issued by Financial Markets Authority (“FMA”) to provide financial advice. Kalkine provides only general financial advice through its research reports following a person becoming a member. The reports contain buy/sell/hold and other recommendations in relation to equity securities, managed funds and other managed investment schemes and other financial advice products. The recommendations and opinions in this report and on Kalkine website do not take into account any of your investment objectives, financial situation or needs. Before you make a decision about whether to acquire a financial product, you should obtain the Product Disclosure Statement from the product issuer. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. If you act on the advice in the research reports, you may have to pay fees, expenses or other amounts (but not to Kalkine). Further information about the complaints and dispute resolution process, as well as information about Kalkine’s duties are available on Kalkine’s website. Please read our Financial Advice Provider (FAP) disclosure statement and Complaints Handling Guide, which are available on the website.

Past performance is not a reliable indicator of future performance.