Truist Financial Raises UiPath (NYSE:PATH) Price Target to $17.00

UiPath (NYSE:PATH) had its target price lifted by Truist Financial from $12.00 to $17.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price target would indicate a potential upside of 12.62% from the stock’s previous close.

Other analysts have also issued reports about the company. Wells Fargo & Company boosted their price objective on UiPath from $13.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday. DA Davidson raised their price objective on UiPath from $12.00 to $16.00 and gave the stock a “neutral” rating in a research note on Friday. Bank of America boosted their target price on shares of UiPath from $13.00 to $15.00 and gave the company an “underperform” rating in a research note on Friday. New Street Research set a $13.00 target price on shares of UiPath in a report on Monday, June 1st. Finally, UBS Group set a $16.00 target price on UiPath in a report on Friday. 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. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $16.33.

UiPath Stock Down 17.2%

Shares of UiPath stock traded down $3.12 during trading hours on Friday, hitting $15.10. 62,972,522 shares of the company’s stock traded hands, compared to its average volume of 46,197,188. The stock has a 50 day simple moving average of $13.82 and a 200-day simple moving average of $11.92. UiPath has a twelve month low of $9.20 and a twelve month high of $19.84. The company has a market cap of $7.82 billion, a PE ratio of 25.16, a PEG ratio of 2.16 and a beta of 1.02.

UiPath (NYSE:PATH) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The firm had revenue of $410.26 million for the quarter, compared to the consensus estimate of $397.77 million. UiPath had a net margin of 19.58% and a return on equity of 7.92%. The firm’s 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. As a group, equities research analysts predict 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 the company’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 value of $22,535,716.29. Following the completion of the sale, the chief executive officer directly owned 26,491,238 shares of the company’s stock, valued at approximately $425,714,194.66. This represents a 5.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 22.44% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PATH. Norges Bank acquired a new stake in UiPath in the 4th quarter valued at about $120,176,000. State Street Corp grew its stake 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 last quarter. 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 in the last quarter. California State Teachers Retirement System lifted 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 purchasing an additional 4,752,040 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in UiPath by 54.0% during the fourth quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock worth $152,596,000 after buying an additional 3,262,930 shares in the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting UiPath

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: UiPath reported fiscal Q2 2027 revenue of $410.3 million, up approximately 13% year over year and above the $397.8 million analyst estimate. Adjusted earnings of $0.15 per share matched expectations. UiPath Reports Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Annual recurring revenue rose 12% to $1.938 billion, while UiPath recorded its fourth consecutive quarter of GAAP profitability. Management said AI-led orchestration is helping expand platform usage, improve retention and support larger enterprise deals. PATH Q2 Earnings Call Centers on AI-Led Platform Expansion
• Positive Sentiment: Fiscal 2027 revenue guidance of approximately $1.789 billion to $1.794 billion was maintained or raised modestly, and third-quarter revenue guidance of $440 million to $445 million is broadly in line with consensus. UiPath FY2027 Guidance
• Neutral Sentiment: Analysts raised their price targets, including BMO to $18, DA Davidson to $16 and Wells Fargo to $15, but each retained a neutral or market-perform stance, indicating limited conviction that the recent rally can continue. UiPath Analyst and Earnings Coverage
• Negative Sentiment: The outlook implies a sharp growth deceleration, with management keeping fiscal 2027 guidance prudent despite the quarterly beat. Investors appear concerned that AI has not yet produced the acceleration seen at some other software companies and could ultimately disrupt traditional automation demand. UiPath Tumbles as Guided Slowdown Overshadows Revenue Beat
• Negative Sentiment: After a strong August rally, elevated valuation and profit-taking amplified the reaction to the merely in-line EPS result. A finance leadership transition and broader executive changes add an additional near-term uncertainty. UiPath Rating Downgrade

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.