Royal Bank Of Canada Has Lowered Expectations for UiPath (NYSE:PATH) Stock Price

UiPath (NYSE:PATH) had its price objective decreased by Royal Bank Of Canada from $17.00 to $15.00 in a report released on Wednesday, Benzinga reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 13.11% from the stock’s previous close.

Several other research analysts also recently weighed in on the stock. DA Davidson increased their price target on shares of UiPath from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Friday, September 4th. Wells Fargo & Company increased their price objective on shares of UiPath from $13.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday, September 4th. Truist Financial boosted their target price on shares of UiPath from $12.00 to $17.00 and gave the stock a “hold” rating in a report on Friday, September 4th. Mizuho increased their price objective on shares of UiPath from $12.00 to $14.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Finally, TD Cowen boosted their target price on UiPath from $13.00 to $16.00 and gave the stock a “hold” rating in a research report on Friday, September 4th. Three analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $16.56.

UiPath Stock Down 2.4%

PATH opened at $13.26 on Wednesday. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 1.33 and a beta of 1.02. The firm has a 50 day moving average price of $14.49 and a 200-day moving average price of $12.22. UiPath has a twelve month low of $9.20 and a twelve month high of $19.84.

UiPath (NYSE:PATH) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, hitting 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 for the quarter, compared to the consensus estimate of $397.77 million. During the same period last year, the business posted $0.15 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. As a group, analysts expect that UiPath will post 0.47 earnings per share for the current year.

Insider Activity at UiPath

In other UiPath news, insider Raghavendra Malpani sold 40,464 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $14.00, for a total value of $566,496.00. Following the completion of the sale, the insider directly owned 1,582,213 shares of the company’s stock, valued at $22,150,982. The trade was a 2.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Daniel Dines sold 1,402,347 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was 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 in the company, valued at $425,714,194.66. This represents a 5.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,560,150 shares of company stock worth $24,727,357 in the last 90 days. 22.44% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PATH. BlackRock Inc. lifted its stake in UiPath by 7.2% in the second quarter. BlackRock Inc. now owns 46,153,124 shares of the company’s stock worth $501,684,000 after acquiring an additional 3,097,822 shares during the period. State Street Corp boosted its stake in shares of UiPath by 3.6% during the second quarter. State Street Corp now owns 13,832,188 shares of the company’s stock valued at $150,356,000 after purchasing an additional 486,007 shares in the last quarter. Geode Capital Management LLC raised its stake in UiPath by 25.6% in the fourth quarter. Geode Capital Management LLC now owns 7,499,989 shares of the company’s stock worth $122,951,000 after buying an additional 1,528,454 shares in the last quarter. Norges Bank purchased a new position in shares of UiPath in the 4th quarter valued at $120,176,000. Finally, Bank of America Corp DE raised its holdings in UiPath by 13.2% in the first quarter. Bank of America Corp DE now owns 10,046,699 shares of the company’s stock worth $111,518,000 after purchasing an additional 1,170,285 shares in the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Key UiPath News

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: Needham reaffirmed its “Buy” rating and $22 price target, implying substantial upside from recent trading levels. The bullish view provides support for PATH and reflects confidence in UiPath’s long-term growth prospects. Benzinga analyst rating article
• Positive Sentiment: Some valuation analysis suggests UiPath may be undervalued based on its cash-flow potential. The company also trades at a lower earnings multiple than the S&P 500 median despite its software growth profile. UiPath stock valuation article
• Positive Sentiment: Technical commentary points to a potential breakout after recent consolidation below $14, while UiPath’s agentic automation and enterprise RPA positioning continue to attract investor attention. UiPath breakout signal article
• Neutral Sentiment: UiPath’s Analyst/Investor Day slideshow offers investors additional information on its strategy and outlook, but the available report does not identify a specific new financial catalyst. UiPath Analyst Investor Day slideshow
• Negative Sentiment: Investors remain concerned that artificial intelligence could eventually pressure UiPath’s traditional automation business, even though current operating results have not yet shown a material impact. The stock has pulled back sharply from its recent high, increasing focus on this risk. UiPath AI risk and valuation article
• Negative Sentiment: CTO Raghavendra Malpani sold 40,464 shares for approximately $566,000, reducing his direct ownership by 2.49%. While the sale is modest relative to his remaining stake, insider selling can weigh on sentiment. UiPath insider sale report

About UiPath

UiPath Inc (NYSE: PATH) develops enterprise automation software designed to help organizations automate repetitive, rules-based and increasingly complex business processes. Its platform combines robotic process automation (RPA), artificial intelligence, workflow orchestration and process intelligence to support automation across areas such as finance, customer service, human resources, information technology and operations.

The UiPath Platform includes tools for discovering and analyzing business processes, building and managing software robots, processing documents, testing applications and coordinating automated workflows.