🟢 PATH is trading 4.1% up today after raising full-year revenue and ARR guidance

PATH is trading at $12.20 (+4.1%) after raising its full-year revenue and ARR guidance, citing increased demand for agentic AI deals.

• The company now expects full-year revenue of $1.776B–$1.781B and ARR in the range of $2.058B–$2.063B.
• The updated outlook has bolstered investor sentiment, which had remained cautious since the May 28 earnings report.
• Management highlighted that the guidance raise is primarily driven by company-specific catalysts and stronger traction in AI-driven automation.