DA Davidson Issues Positive Forecast for UiPath (NYSE:PATH) Stock Price

UiPath (NYSE:PATH) had its target price raised by equities researchers at DA Davidson from $12.00 to $16.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s target price points to a potential upside of 1.82% from the stock’s previous close.

Several other brokerages have also issued reports on PATH. Barclays set a $17.00 price target on UiPath in a research note on Friday. New Street Research set a $13.00 price objective on UiPath in a report on Monday, June 1st. TD Cowen restated a “hold” rating on shares of UiPath in a research report on Friday. UBS Group set a $16.00 target price on UiPath in a research note on Friday. Finally, HC Wainwright reiterated a “buy” rating 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.27.

UiPath Stock Performance

UiPath stock opened at $15.71 on Friday. The firm’s fifty day moving average price is $13.82 and its 200-day moving average price is $11.92. The stock has a market cap of $8.14 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 2.16 and a beta of 1.02. UiPath has a fifty-two week low of $9.20 and a fifty-two week high of $19.84.

UiPath (NYSE:PATH) last announced its earnings results on Thursday, September 3rd. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. UiPath had a net margin of 19.58% and a return on equity of 7.92%. The company had revenue of $410.26 million during the quarter, compared to analyst estimates of $397.77 million. During the same period in the previous year, the business earned $0.15 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. On average, 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 UiPath 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 transaction, the chief executive officer directly owned 26,491,238 shares of the company’s stock, valued at $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 is available at the SEC website. 22.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PATH. Royal Bank of Canada boosted its position in UiPath by 8.4% during the 1st quarter. Royal Bank of Canada now owns 140,774 shares of the company’s stock valued at $1,450,000 after buying an additional 10,872 shares during the period. Woodline Partners LP raised its stake in shares of UiPath by 69.6% during the first quarter. Woodline Partners LP now owns 22,566 shares of the company’s stock valued at $232,000 after acquiring an additional 9,257 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of UiPath by 5.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,477,730 shares of the company’s stock worth $15,221,000 after purchasing an additional 75,737 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in UiPath during the 2nd quarter valued at about $169,000. Finally, Prudential Financial Inc. increased its holdings in UiPath by 90.1% during the 2nd quarter. Prudential Financial Inc. now owns 34,029 shares of the company’s stock valued at $436,000 after purchasing an additional 16,125 shares during the period. 62.50% of the stock is owned by hedge funds and other 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

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.