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

UiPath (NYSE:PATH)‘s stock had its “hold” rating reiterated by investment analysts at TD Cowen in a report released on Wednesday, September 23rd, Benzinga reports. They presently have a $16.00 price objective on the stock. TD Cowen’s price objective would indicate a potential upside of 24.47% from the company’s previous close.

PATH has been the subject of several other research reports. Bank of America upped their target price on shares of UiPath from $13.00 to $15.00 and gave the company an “underperform” rating in a research report on Friday, September 4th. Mizuho upped their price objective on shares of UiPath from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. Barclays increased their target price on UiPath from $14.00 to $17.00 and gave the stock an “equal weight” rating in a report on Friday, September 4th. HC Wainwright reiterated a “buy” rating on shares of UiPath in a report on Friday, September 4th. Finally, UBS Group lowered their target price on UiPath from $19.00 to $15.00 and set a “neutral” rating for the company in a report on Wednesday, September 23rd. Four research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $15.69.

UiPath Price Performance

Shares of PATH opened at $12.85 on Wednesday. The company has a market capitalization of $6.70 billion, a P/E ratio of 19.19, a PEG ratio of 1.16 and a beta of 1.02. UiPath has a one year low of $9.20 and a one year high of $19.84. The business’s 50 day simple moving average is $14.58 and its 200-day simple moving average is $12.25.

UiPath (NYSE:PATH) last posted its quarterly earnings data 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 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 quarter in the prior year, the business earned $0.15 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, sell-side analysts anticipate that UiPath will post 0.49 EPS for the current fiscal year.

Insider Transactions at UiPath

In other news, insider Raghavendra Malpani sold 40,464 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $14.00, for a total transaction of $566,496.00. Following the completion of the transaction, the insider directly owned 1,582,213 shares in the company, valued at $22,150,982. This represents a 2.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Daniel Dines sold 1,402,347 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $16.07, for a total transaction of $22,535,716.29. Following the completion of the sale, the chief executive officer owned 26,491,238 shares of the company’s stock, valued at $425,714,194.66. This trade represents a 5.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,560,150 shares of company stock worth $24,727,357 in the last three months. Insiders own 22.44% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PATH. Norges Bank bought a new position in shares of UiPath during the fourth quarter worth approximately $120,176,000. Capital Impact Advisors LLC bought a new position in UiPath in the fourth quarter valued at approximately $52,261,000. BlackRock Inc. increased its stake in 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 during the last quarter. Geode Capital Management LLC increased 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 valued at $122,951,000 after acquiring an additional 1,528,454 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its position in UiPath by 8,065.7% in the second quarter. Squarepoint Ops LLC now owns 1,497,555 shares of the company’s stock valued at $16,278,000 after buying an additional 1,516,355 shares in the last quarter. 62.50% of the stock is owned by institutional investors.

Trending Headlines about UiPath

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: Expanded Snowflake integration: UiPath and Snowflake launched a two-way integration available through the Snowflake Marketplace, allowing customers to connect automation with governed data without moving data or changing tools. The tie-up could improve UiPath’s enterprise distribution, platform usefulness and adoption of AI agents. UiPath and Snowflake integration announcement
• Positive Sentiment: BDO partnership expanded: UiPath and BDO USA plan to develop agentic AI solutions for internal audit, risk management, compliance, controls transformation and other finance functions. The collaboration may create repeatable enterprise use cases and strengthen UiPath’s credibility in regulated workflows. UiPath BDO partnership expansion
• Positive Sentiment: New product and valuation catalysts: UiPath introduced Cartographer for process mapping and broader platform and Test Cloud upgrades aimed at automating complex workflows. Coverage also highlighted coding agents, orchestration capabilities and a potentially more than doubling total addressable market by 2030. Seeking Alpha upgraded the stock to Buy, while Zacks cited favorable valuation and upward earnings-estimate revisions. UiPath rating upgrade
• Neutral Sentiment: Execution remains the key risk: Recent demand indicators were mixed, with sluggish ARR and revenue growth despite solid large-customer spending and net retention. Investors will likely need evidence that the new partnerships and AI products translate into faster growth and stronger monetization. UiPath growth and Snowflake analysis

About UiPath

UiPath, Inc is a software company that develops an enterprise automation platform designed to help organizations automate repetitive, rules-based and increasingly complex business processes. Its platform combines robotic process automation, artificial intelligence, workflow orchestration, process mining, document processing and application integration tools to support automation across departments and business systems.

UiPath offers products and services for discovering automation opportunities, building and managing software robots, processing documents and other unstructured data, and governing automation programs at scale.