UiPath (NYSE:PATH) Price Target Raised to $15.00

UiPath (NYSE:PATH) had its target price increased by analysts at Wells Fargo & Company from $13.00 to $15.00 in a research note issued on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential downside of 4.11% from the stock’s current price.

PATH has been the subject of several other research reports. New Street Research set a $13.00 target price on shares of UiPath in a research note on Monday, June 1st. Weiss Ratings restated a “hold (c-)” rating on shares of UiPath in a research note on Friday, July 10th. Oppenheimer restated a “market perform” rating on shares of UiPath in a research note on Friday. Royal Bank Of Canada raised their price objective on shares of UiPath from $15.00 to $17.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Needham & Company LLC lifted their price objective on shares of UiPath from $15.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $15.73.

UiPath Trading Down 14.1%

Shares of PATH stock traded down $2.58 on Friday, hitting $15.64. 34,696,627 shares of the stock were exchanged, compared to its average volume of 46,034,199. The firm’s 50 day moving average is $13.82 and its two-hundred day moving average is $11.92. UiPath has a one year low of $9.20 and a one year high of $19.84. The firm has a market capitalization of $8.10 billion, a PE ratio of 26.39, a P/E/G ratio of 2.16 and a beta of 1.02.

UiPath (NYSE:PATH) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. UiPath had a return on equity of 7.92% and a net margin of 19.58%.The business had revenue of $410.26 million for the quarter, compared to analysts’ expectations of $397.77 million. During the same period in the previous year, the business posted $0.15 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. On average, sell-side analysts expect that UiPath will post 0.4 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Daniel Dines sold 1,402,347 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 22.44% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PATH. Norges Bank purchased a new position in shares of UiPath during the 4th quarter valued at $120,176,000. State Street Corp raised its position in shares of UiPath by 66.4% in the fourth quarter. State Street Corp now owns 13,004,786 shares of the company’s stock worth $213,148,000 after buying an additional 5,189,438 shares in the last quarter. AQR Capital Management LLC raised its position in shares of UiPath by 76.0% in the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock worth $145,732,000 after buying an additional 4,926,341 shares in the last quarter. California State Teachers Retirement System boosted its stake in UiPath by 957.1% during the second quarter. California State Teachers Retirement System now owns 5,248,536 shares of the company’s stock valued at $57,052,000 after buying an additional 4,752,040 shares during the period. Finally, Morgan Stanley boosted its stake in UiPath by 54.0% during the fourth quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock valued at $152,596,000 after buying an additional 3,262,930 shares during the period. 62.50% of the stock is owned by institutional investors.

More 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 13.3% year over year and above the $397.8 million analyst estimate. Non-GAAP earnings of $0.15 per share matched expectations. UiPath Reports Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: The company raised its fiscal 2027 revenue outlook to approximately $1.789 billion-$1.794 billion and guided for about $445 million in non-GAAP operating income. Third-quarter revenue guidance of $440 million-$445 million is slightly above consensus. UiPath Fiscal 2027 Guidance
• Positive Sentiment: Annual recurring revenue increased 12% to $1.938 billion, while UiPath reported a fourth consecutive quarter of GAAP profitability. Management also emphasized that AI is expanding enterprise automation opportunities and contributing to larger deals. UiPath Posts Revenue Beat
• Neutral Sentiment: UiPath announced executive leadership changes and appointed a new board member. The changes could support its next phase of growth, but may create near-term uncertainty during the transition. UiPath Leadership Changes
• Negative Sentiment: The revenue beat and guidance increase were not large enough to satisfy investors after PATH’s sharp August rally. Concerns remain that 12% growth is modest relative to faster-growing AI software companies, while artificial intelligence could disrupt traditional automation demand. BMO Capital Markets raised its price target from $13 to $18 but maintained a Market Perform rating, implying limited upside from the current level. Why PATH Stock Is Tumbling

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.