TD Cowen Reaffirms Hold Rating for UiPath (NYSE:PATH)

UiPath (NYSE:PATH)‘s stock had its “hold” rating reaffirmed by equities researchers at TD Cowen in a research note issued on Wednesday, Benzinga reports. They currently have a $16.00 target price on the stock. TD Cowen’s price target suggests a potential upside of 22.75% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the company. Morgan Stanley decreased their price objective on UiPath from $17.00 to $15.00 and set an “equal weight” rating for the company in a research note on Friday, May 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $22.00 price objective on shares of UiPath in a research report on Wednesday. Wells Fargo & Company lifted their target price on shares of UiPath from $13.00 to $15.00 and gave the stock an “equal weight” rating in a report on Friday, September 4th. BMO Capital Markets increased their price target on shares of UiPath from $13.00 to $18.00 and gave the company a “market perform” rating in a report on Friday, September 4th. Finally, HC Wainwright reiterated a “buy” rating on shares of UiPath in a research note on Friday, September 4th. Four analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, UiPath currently has an average rating of “Hold” and an average target price of $16.56.

UiPath Trading Down 1.6%

NYSE:PATH traded down $0.21 on Wednesday, hitting $13.04. 9,180,710 shares of the company’s stock traded hands, compared to its average volume of 46,738,922. 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 1 year low of $9.20 and a 1 year high of $19.84. The company has a market cap of $6.79 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 1.33 and a beta of 1.02.

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 analysts’ consensus estimates of $0.15. The firm had revenue of $410.26 million during the quarter, compared to analysts’ expectations of $397.77 million. UiPath had a return on equity of 9.70% and a net margin of 21.03%.The company’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, research analysts forecast that UiPath will post 0.47 EPS for the current fiscal year.

Insider Activity

In other news, insider Raghavendra Malpani sold 40,464 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $14.00, for a total value of $566,496.00. Following the transaction, the insider owned 1,582,213 shares of the company’s stock, valued at approximately $22,150,982. This represents a 2.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Ashim Gupta sold 117,339 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $13.85, for a total value of $1,625,145.15. Following the completion of the sale, the chief operating officer directly owned 2,037,377 shares in the company, valued at approximately $28,217,671.45. The trade was a 5.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,560,150 shares of company stock worth $24,727,357. 22.44% of the stock is owned by company insiders.

Institutional Trading of UiPath

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of UiPath during the 4th quarter worth about $120,176,000. Capital Impact Advisors LLC purchased a new stake in UiPath during the 4th quarter worth approximately $52,261,000. BlackRock Inc. lifted its position in shares of UiPath by 7.2% in the second quarter. BlackRock Inc. now owns 46,153,124 shares of the company’s stock valued at $501,684,000 after acquiring an additional 3,097,822 shares in the last quarter. Geode Capital Management LLC increased its position in shares of UiPath by 25.6% during the fourth quarter. Geode Capital Management LLC now owns 7,499,989 shares of the company’s stock worth $122,951,000 after purchasing an additional 1,528,454 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in UiPath by 8,065.7% in the 2nd quarter. Squarepoint Ops LLC now owns 1,497,555 shares of the company’s stock valued at $16,278,000 after purchasing an additional 1,516,355 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

More UiPath News

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: Needham reaffirmed its Buy rating and set a $22 price target, implying substantial upside from recent trading levels. UiPath analyst commentary
• Positive Sentiment: UiPath unveiled new AI capabilities for its Test Cloud platform, designed to support more autonomous, enterprise-scale software testing. The company also launched UiPath Cartographer, which maps business processes and turns operational knowledge into an actionable enterprise view. UiPath launches Cartographer
• Positive Sentiment: Additional platform upgrades and partner recognition reinforce UiPath’s strategy of embedding agentic AI and automation into broader enterprise workflows. UiPath platform enhancements
• Neutral Sentiment: UiPath’s investor-day materials are likely prompting investors to reassess its long-term growth strategy, although the available reports do not identify specific new financial guidance. Revenue in the latest reported quarter grew 13.3% year over year and exceeded estimates.
• Negative Sentiment: RBC Capital lowered its price target to $15 from $17 and assigned a “Sector Perform” rating. UBS also reduced its target to $15 from $19 and maintained a “Neutral” rating, signaling more limited near-term conviction despite both targets remaining above the recent share price.
• Negative Sentiment: CTO Raghavendra Malpani sold 40,464 shares for approximately $566,000, reducing his direct ownership by about 2.5%. The sale may add modest sentiment pressure, though he continues to hold a substantial position.

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.