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

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

PATH has been the subject of several other research reports. Royal Bank Of Canada increased their target price on shares of UiPath from $15.00 to $17.00 and gave the company a “sector perform” rating in a report on Friday. TD Cowen boosted their price target on shares of UiPath from $13.00 to $16.00 and gave the stock a “hold” rating in a report on Friday. HC Wainwright reaffirmed a “buy” rating on shares of UiPath 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 for the company in a research note on Friday, May 29th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $17.00 target price (up from $15.00) on shares of UiPath in a research report on Friday. Two research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $15.73.

UiPath Trading Down 14.1%

UiPath stock traded down $2.58 during trading on Friday, hitting $15.64. 34,696,627 shares of the company were exchanged, compared to its average volume of 46,034,199. The business’s 50 day moving average is $13.82 and its 200 day moving average is $11.92. UiPath has a 52 week low of $9.20 and a 52 week high of $19.84. The company has a market capitalization of $8.10 billion, a P/E ratio of 26.39, a PEG ratio of 2.16 and a beta of 1.02.

UiPath (NYSE:PATH) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The business had revenue of $410.26 million during the quarter, compared to analyst estimates of $397.77 million. UiPath had a return on equity of 7.92% and a net margin of 19.58%.UiPath’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 EPS. Equities analysts expect that UiPath will post 0.4 EPS for the current year.

Insider Activity at UiPath

In other news, CEO Daniel Dines sold 1,402,347 shares of UiPath stock in a transaction on 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 sale, the chief executive officer directly owned 26,491,238 shares in the company, valued at $425,714,194.66. The trade was a 5.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 22.44% of the stock is owned by insiders.

Institutional Trading of UiPath

A number of large investors have recently added to or reduced their stakes in PATH. Norges Bank purchased a new position in UiPath in the fourth quarter valued at about $120,176,000. State Street Corp raised its holdings in shares of UiPath by 66.4% in the 4th quarter. State Street Corp now owns 13,004,786 shares of the company’s stock worth $213,148,000 after purchasing an additional 5,189,438 shares during the period. AQR Capital Management LLC raised its holdings in shares of UiPath by 76.0% in the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock worth $145,732,000 after purchasing an additional 4,926,341 shares during the period. California State Teachers Retirement System lifted its stake in UiPath by 957.1% in 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 purchasing an additional 4,752,040 shares during the last quarter. Finally, Morgan Stanley lifted its stake in UiPath by 54.0% in the fourth quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock valued at $152,596,000 after purchasing an additional 3,262,930 shares during the last quarter. Hedge funds and other institutional investors 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 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

About UiPath

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.