UiPath (NYSE:PATH – Free Report) had its price objective hoisted by Bank of America from $13.00 to $15.00 in a research note published on Friday,Benzinga reports. The brokerage currently has an underperform rating on the stock.
PATH has been the subject of several other research reports. UBS Group set a $16.00 price objective on UiPath in a research report on Friday. Morgan Stanley lowered their target price on UiPath from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Friday, May 29th. New Street Research set a $13.00 price target on UiPath in a research report on Monday, June 1st. DA Davidson upped their price target on UiPath from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Friday. Finally, TD Cowen upped their price target on UiPath from $13.00 to $16.00 and gave the stock a “hold” rating in a report on Friday. Two analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $16.33.
Check Out Our Latest Report on UiPath
UiPath Trading Up 0.5%
UiPath (NYSE:PATH – Get Free Report) last released its earnings results on Thursday, September 3rd. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. UiPath had a net margin of 21.03% and a return on equity of 9.70%. 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 previous year, the business earned $0.15 EPS. The business’s revenue was up 13.3% on a year-over-year basis. As a group, analysts anticipate that UiPath will post 0.4 EPS for the current fiscal year.
Insider Buying and Selling
In other UiPath news, CEO Daniel Dines sold 1,402,347 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $16.07, for a total value of $22,535,716.29. Following the completion of the transaction, the chief executive officer owned 26,491,238 shares of the company’s stock, valued at $425,714,194.66. This represents a 5.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 22.44% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On UiPath
Institutional investors have recently bought and sold shares of the business. Meeder Advisory Services Inc. boosted its position in shares of UiPath by 7.6% during the 4th quarter. Meeder Advisory Services Inc. now owns 12,132 shares of the company’s stock valued at $199,000 after acquiring an additional 861 shares in the last quarter. Pasadena Private Wealth LLC increased its stake in UiPath by 9.0% in the first quarter. Pasadena Private Wealth LLC now owns 12,750 shares of the company’s stock valued at $142,000 after acquiring an additional 1,050 shares during the period. EverSource Wealth Advisors LLC raised its position in UiPath by 36.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,968 shares of the company’s stock worth $81,000 after purchasing an additional 1,329 shares in the last quarter. Corient Private Wealth LLC raised its position in UiPath by 5.6% in the fourth quarter. Corient Private Wealth LLC now owns 27,283 shares of the company’s stock worth $447,000 after purchasing an additional 1,455 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in UiPath by 14.0% during the second quarter. Wedbush Securities Inc. now owns 11,920 shares of the company’s stock worth $130,000 after purchasing an additional 1,465 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.
Key Headlines Impacting UiPath
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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