UiPath (NYSE:PATH – Free Report) had its price objective increased by DA Davidson from $12.00 to $16.00 in a report published on Friday morning, MarketBeat.com reports. They currently have a neutral rating on the stock.
A number of other equities research analysts have also commented on PATH. TD Cowen increased their price target on shares of UiPath from $13.00 to $16.00 and gave the company a “hold” rating in a research report on Friday. Morgan Stanley decreased their price objective on shares of UiPath from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Friday, May 29th. BMO Capital Markets upped their price objective on shares of UiPath from $13.00 to $18.00 and gave the company a “market perform” rating in a research note on Friday. Barclays increased their target price on shares of UiPath from $14.00 to $17.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Oppenheimer reissued a “market perform” rating on shares of UiPath in a research note on Friday. Two analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $16.33.
Check Out Our Latest Research Report on PATH
UiPath Stock Performance
UiPath (NYSE:PATH – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. UiPath had a return on equity of 9.70% and a net margin of 21.03%.The firm had revenue of $410.26 million during the quarter, compared to analyst estimates of $397.77 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, equities analysts predict that UiPath will post 0.4 earnings per share for the current year.
Insider Buying and Selling
In other UiPath news, CEO Daniel Dines sold 1,402,347 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $16.07, for a total transaction of $22,535,716.29. Following the transaction, the chief executive officer directly owned 26,491,238 shares of the company’s stock, valued at approximately $425,714,194.66. The trade was a 5.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.44% of the stock is owned by insiders.
Hedge Funds Weigh In On UiPath
Several hedge funds and other institutional investors have recently modified their holdings of PATH. Norges Bank bought a new position in UiPath in the fourth quarter worth about $120,176,000. State Street Corp boosted its position in UiPath by 66.4% during the 4th quarter. State Street Corp now owns 13,004,786 shares of the company’s stock valued at $213,148,000 after acquiring an additional 5,189,438 shares in the last quarter. AQR Capital Management LLC boosted its position in UiPath by 76.0% during the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock valued at $145,732,000 after acquiring an additional 4,926,341 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of UiPath by 957.1% during the 2nd quarter. California State Teachers Retirement System now owns 5,248,536 shares of the company’s stock worth $57,052,000 after acquiring an additional 4,752,040 shares during the period. Finally, Morgan Stanley grew its holdings in shares of UiPath by 54.0% during the 4th quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock worth $152,596,000 after acquiring an additional 3,262,930 shares during the period. Hedge funds and other institutional investors own 62.50% of the company’s stock.
Key UiPath News
Here are the key news stories impacting UiPath this week:
- Positive Sentiment: UiPath reported fiscal Q2 revenue of approximately $410.3 million, up about 13% year over year and above the $397.8 million analyst estimate. Adjusted EPS of $0.15 matched expectations, while the company posted its fourth consecutive quarter of GAAP profitability. UiPath Reports Second Quarter Fiscal 2027 Financial Results
- Positive Sentiment: Annual recurring revenue rose 12% to $1.938 billion. Management said AI-led orchestration is helping generate larger strategic deals, broaden platform adoption and improve retention, supporting its view that AI can expand demand for automation. PATH Q2 Earnings Call Centers on AI-Led Platform Expansion
- Positive Sentiment: Several firms raised their price targets after the report, including BMO Capital Markets to $18 and Truist Financial to $17, reflecting improved valuation support despite generally cautious ratings.
- Neutral Sentiment: UiPath lifted its fiscal 2027 revenue outlook to approximately $1.789 billion-$1.794 billion and guided fiscal Q3 revenue to $440 million-$445 million, broadly in line with expectations. The outlook represents an improvement but does not signal a sharp reacceleration. UiPath Fiscal 2027 Guidance
- Neutral Sentiment: The company announced executive leadership changes and appointed a new board member, adding a transition element for investors to monitor. UiPath Announces Executive Leadership Changes
- Negative Sentiment: Investors viewed the guidance as evidence that growth may remain near 12%-13%, with limited proof of sustained acceleration. That concern overshadowed the quarterly revenue beat, particularly after the stock’s recent rally. UiPath Tumbles as Guided Slowdown Overshadows Revenue Beat
- Negative Sentiment: Competition and disruption concerns persist as investors question whether generative AI and rival platforms could pressure UiPath’s automation business. Analyst reactions remained restrained: Mizuho, Wells Fargo and Bank of America retained neutral-to-negative stances despite raising targets. UiPath Slips as Competition Concerns Persist
UiPath Company Profile
UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.
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