Scotiabank Has Positive Outlook of UiPath FY2026 Earnings

UiPath Inc. (NYSE:PATH - Free Report) - Equities researchers at Scotiabank upped their FY2026 EPS estimates for UiPath in a research note issued to investors on Monday, June 9th. Scotiabank analyst N. Altmann now forecasts that the company will earn $0.09 per share for the year, up from their prior estimate of ($0.04). Scotiabank currently has a "Sector Perform" rating and a $13.00 target price on the stock. The consensus estimate for UiPath's current full-year earnings is ($0.17) per share.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. UiPath had a negative net margin of 6.49% and a negative return on equity of 4.14%. The business had revenue of $356.62 million for the quarter, compared to the consensus estimate of $332.17 million. During the same period in the prior year, the business posted $0.13 earnings per share. UiPath's revenue for the quarter was up 6.4% compared to the same quarter last year.

PATH has been the topic of several other reports. Mizuho lowered their target price on shares of UiPath from $12.00 to $11.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Canaccord Genuity Group set a $16.00 price target on UiPath and gave the company a "buy" rating in a research report on Monday, June 2nd. Evercore ISI raised their price target on UiPath from $11.00 to $15.00 and gave the company an "in-line" rating in a research report on Friday, May 30th. Bank of America reaffirmed an "underperform" rating and issued a $10.00 price target (down from $18.00) on shares of UiPath in a research report on Thursday, March 13th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of UiPath in a research report on Friday, May 30th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $13.83.

UiPath Trading Down 2.4%

UiPath stock traded down $0.31 during mid-day trading on Thursday, hitting $12.66. 7,412,476 shares of the company's stock were exchanged, compared to its average volume of 10,542,053. The stock has a market cap of $6.98 billion, a P/E ratio of -79.13 and a beta of 1.06. UiPath has a 1-year low of $9.38 and a 1-year high of $15.93. The stock has a 50 day moving average of $11.92 and a two-hundred day moving average of $12.69.

Hedge Funds Weigh In On UiPath

Several institutional investors have recently bought and sold shares of PATH. Acadian Asset Management LLC boosted its position in shares of UiPath by 222.6% in the 1st quarter. Acadian Asset Management LLC now owns 4,241,047 shares of the company's stock worth $43,667,000 after buying an additional 2,926,263 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of UiPath by 5.4% in the 1st 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 buying an additional 75,737 shares in the last quarter. Woodline Partners LP boosted its position in shares of UiPath by 69.6% in the 1st quarter. Woodline Partners LP now owns 22,566 shares of the company's stock worth $232,000 after buying an additional 9,257 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in shares of UiPath in the 1st quarter worth about $3,165,000. Finally, Voleon Capital Management LP purchased a new stake in shares of UiPath in the 1st quarter worth about $437,000. 62.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Ashim Gupta sold 98,795 shares of the stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $12.01, for a total value of $1,186,527.95. Following the completion of the sale, the chief financial officer now directly owns 987,322 shares in the company, valued at $11,857,737.22. This represents a 9.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Hitesh Ramani sold 12,500 shares of the stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $10.19, for a total transaction of $127,375.00. Following the transaction, the chief accounting officer now directly owns 314,891 shares of the company's stock, valued at approximately $3,208,739.29. This trade represents a 3.82% decrease in their position. The disclosure for this sale can be found here. 23.19% of the stock is currently owned by company insiders.

UiPath Company Profile

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.