I started adding to PATH after the recent pullback. The stock has come down a lot from previous highs, and at current levels it feels like expectations have been reset quite a bit.
Revenue growth is still there, but it’s clearly not the hyper-growth story it once was. I think last year growth was closer to the **mid-teens % range**, which is solid, but not something the market gives premium multiples to anymore.
That’s kind of why I’m interested though. When a stock goes from “must own growth” to “nobody cares,” sometimes that’s where better entries show up.
I’m not expecting this to double anytime soon. This feels more like a slow rebuild story if execution improves.
Position is small and I’ll probably scale in over time rather than go all-in.
Anyone else looking at PATH here, or still avoiding it after the slowdown?
Not financial advice.