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UiPath (PATH) Stock Price, News & Analysis

UiPath logo
$12.36
-0.25 (-1.98%)
(As of 10/31/2024 ET)

About UiPath Stock (NYSE:PATH)

Key Stats

Today's Range
$12.34
$12.74
50-Day Range
$11.95
$13.07
52-Week Range
$10.37
$27.87
Volume
4.28 million shs
Average Volume
9.60 million shs
Market Capitalization
$6.80 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.47
Consensus Rating
Hold

Company Overview

UiPath Inc. is a leading software company specializing in robotic process automation (RPA) technology. Headquartered in New York City, but founded in Bucharest, Romania, UiPath offers a comprehensive platform that automates repetitive tasks and enables businesses to operate more efficiently. The company was founded in 2005 by Romanian entrepreneurs Daniel Dines and Marius Tirca and has since grown to become a significant player in the RPA industry. UiPath has received numerous awards and accolades, including being named a leader in the Gartner Magic Quadrant for RPA Software in 2020.

UiPath's executive team is led by Chief Executive Officer and co-founder Daniel Dines, who has been with the company since its inception. Daniel is considered one of the pioneers of robotic process automation, helping start the industry. Mr. Dines contributes to his success in the industry by being relentless and constantly exposing himself to the industry's uncertainties. Other key management team members include Chief Financial Officer Ashim Gupta and Chief Marketing Officer Bobby Patrick. In 2021, UiPath announced that former Microsoft executive Tom Clancy would join as its new Senior Vice President of Learning.

UiPath has experienced significant growth in recent years, with revenue increasing exponentially since its inception. The company's net loss has been decreasing yearly. As of January 31, 2021, UiPath has cash, cash equivalents, and short-term investments capable of covering liabilities indicating that the company is working to keep control of its debt. UiPath's valuation has fluctuated since its IPO, with the company's market capitalization reaching a high of over $45 billion in May 2021 before falling to around $10 billion in Q4 of 2022. UiPath's price-to-sales ratio is higher than the industry average. Since its IPO in April 2021, UiPath's stock price has been volatile, with shares reaching a high of $90 in May 2021 before dropping to around $10 in November 2022. Since hitting its all-time low price, the stock has rebounded. Trading volume has also been relatively high, with an average of over 6 million shares traded per day.

The robotic process automation industry has experienced rapid growth in recent years as businesses seek to automate manual processes and increase efficiency. UiPath competes with several other robotic process automation providers, including Automation Anywhere, Blue Prism, and WorkFusion. In addition, the industry is subject to regulatory and political pressures, particularly around data privacy and security.

UiPath has identified several critical areas for growth, including expanding its product offerings to include artificial intelligence and machine learning capabilities and targeting new industries such as healthcare and financial services. The company has also been actively pursuing acquisitions, with recent purchases including Cloud Elements and ProcessGold.

As the robotic process automation industry continues to evolve, UiPath may face challenges from competitors who can offer similar or better technology at a lower cost. In addition, regulatory and political pressures may create uncertainty for the industry, which could impact UiPath's growth prospects.

UiPath Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

PATH MarketRank™: 

UiPath scored higher than 72% of companies evaluated by MarketBeat, and ranked 110th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    UiPath has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 2 buy ratings, 16 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    UiPath has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about UiPath's stock forecast and price target.
  • Earnings Growth

    Earnings for UiPath are expected to grow in the coming year, from ($0.23) to ($0.20) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of UiPath is -61.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of UiPath is -61.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    UiPath has a P/B Ratio of 3.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about UiPath's valuation and earnings.
  • Percentage of Shares Shorted

    5.77% of the float of UiPath has been sold short.
  • Short Interest Ratio / Days to Cover

    UiPath has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UiPath has recently increased by 0.97%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    UiPath does not currently pay a dividend.

  • Dividend Growth

    UiPath does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.77% of the float of UiPath has been sold short.
  • Short Interest Ratio / Days to Cover

    UiPath has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UiPath has recently increased by 0.97%, indicating that investor sentiment is decreasing.
  • News Sentiment

    UiPath has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for UiPath this week, compared to 19 articles on an average week.
  • Search Interest

    47 people have searched for PATH on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.
  • MarketBeat Follows

    26 people have added UiPath to their MarketBeat watchlist in the last 30 days. This is an increase of 86% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, UiPath insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $575,389.00 in company stock.

  • Percentage Held by Insiders

    22.37% of the stock of UiPath is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    62.50% of the stock of UiPath is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about UiPath's insider trading history.
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PATH Stock News Headlines

Konskie, Poland - February 24, 2024: UiPath company logo displayed on mobile phone — Stock Editorial Photography
Buy the Dip? UiPath Stock's GenAI Strategy May Pay Off
UiPath, nearing its lowest analyst price target, presents a compelling case for investors seeking an entry point into the rapidly expanding automation sector.
UiPath call volume above normal and directionally bullish
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PATH Stock Analysis - Frequently Asked Questions

UiPath's stock was trading at $24.84 at the beginning of 2024. Since then, PATH shares have decreased by 50.2% and is now trading at $12.36.
View the best growth stocks for 2024 here
.

UiPath Inc. (NYSE:PATH) issued its quarterly earnings results on Thursday, September, 5th. The healthcare company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm's quarterly revenue was up 10.0% compared to the same quarter last year.

UiPath subsidiaries include Re:infer, Cloud Elements, UiPath Process Mining, StepShot, Cloud Elements Inc., CloudElements Technologies India Private Limited, MagnaView BV, and others.

UiPath (PATH) raised $990 million in an initial public offering on Wednesday, April 21st 2021. The company issued 21,300,000 shares at $43.00-$50.00 per share. Morgan Stanley, JPMorgan, BofA Securities, Credit Suisse, Barclays and Wells Fargo Securities acted as the underwriters for the IPO and SMBC Nikko, BMO Capital Markets, Mizuho Securities USA, KeyBanc Capital Markets, TD Securities (USA), Truist SecuritiesCowen, Evercore Group, Macquarie Capital (USA), Nomura, RBC Capital Markets, Canaccord Genuity, D. A. Davidson & Co., Oppenheimer & Co. and Needham & Co. were co-managers.

Top institutional investors of UiPath include Assenagon Asset Management S.A. (0.12%), IMC Chicago LLC, Stanley Laman Group Ltd. (0.07%) and Horrell Capital Management Inc. (0.05%). Insiders that own company stock include Ashim Gupta, Brad Brubaker, Rich Wong, Hitesh Ramani, Kimberly Hammonds, Ted Kummert, Thomas Neergaard Hansen and Daniel Dines.
View institutional ownership trends
.

Shares of PATH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that UiPath investors own include NVIDIA (NVDA), Enovix (ENVX), Rambus (RMBS), Saia (SAIA), Meta Platforms (META), COMPASS Pathways (CMPS) and Palantir Technologies (PLTR).

Company Calendar

Last Earnings
9/05/2024
Today
10/31/2024
Next Earnings (Estimated)
12/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
4,010
Year Founded
2005

Price Target and Rating

Average Stock Price Target
$17.47
High Stock Price Target
$30.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+41.0%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
18 Analysts

Profitability

Net Income
$-89,880,000.00
Pretax Margin
-7.11%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Book Value
$3.54 per share

Miscellaneous

Free Float
426,932,000
Market Cap
$6.81 billion
Optionable
Optionable
Beta
0.88

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This page (NYSE:PATH) was last updated on 10/31/2024 by MarketBeat.com Staff
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