What is Scotiabank's Forecast for UiPath FY2026 Earnings?

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

Other equities research analysts have also issued research reports about the stock. Wells Fargo & Company restated an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. Mizuho lowered their price objective on shares of UiPath from $12.00 to $11.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Morgan Stanley raised their price objective on shares of UiPath from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Monday, June 2nd. Barclays reiterated an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. Finally, UBS Group lowered their price objective on shares of UiPath from $14.00 to $10.00 and set a "sell" rating on the stock in a research note on Thursday, March 13th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $13.83.

UiPath Stock Performance

Shares of NYSE:PATH traded down $0.42 during trading hours on Thursday, hitting $12.24. The stock had a trading volume of 9,238,387 shares, compared to its average volume of 10,535,357. The stock's fifty day simple moving average is $12.03 and its 200 day simple moving average is $12.64. UiPath has a 1-year low of $9.38 and a 1-year high of $15.93. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of -76.51 and a beta of 1.06.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $0.11 EPS for the quarter, beating the consensus estimate 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 company had revenue of $356.62 million for the quarter, compared to analyst estimates of $332.17 million. During the same quarter last year, the business earned $0.13 earnings per share. UiPath's revenue was up 6.4% compared to the same quarter last year.

Hedge Funds Weigh In On UiPath

Several institutional investors and hedge funds have recently added to or reduced their stakes in PATH. Norges Bank purchased a new position in UiPath during the 4th quarter worth approximately $71,191,000. Federated Hermes Inc. grew its holdings in shares of UiPath by 479.3% during the 1st quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company's stock valued at $58,917,000 after acquiring an additional 4,732,712 shares in the last quarter. Senvest Management LLC grew its holdings in shares of UiPath by 29.2% during the 4th quarter. Senvest Management LLC now owns 14,074,783 shares of the company's stock valued at $178,890,000 after acquiring an additional 3,180,300 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of UiPath by 222.6% during the 1st quarter. Acadian Asset Management LLC now owns 4,241,047 shares of the company's stock valued at $43,667,000 after acquiring an additional 2,926,263 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of UiPath by 45.3% during the 4th quarter. AQR Capital Management LLC now owns 6,646,320 shares of the company's stock valued at $84,209,000 after acquiring an additional 2,072,089 shares in the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other UiPath news, CFO Ashim Gupta sold 98,795 shares of UiPath stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $12.01, for a total transaction of $1,186,527.95. Following the transaction, the chief financial officer now directly owns 987,322 shares in the company, valued at approximately $11,857,737.22. The trade was a 9.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Hitesh Ramani sold 12,500 shares of UiPath stock in a transaction that occurred on 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 owns 314,891 shares in the company, valued at approximately $3,208,739.29. The trade was a 3.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. 23.19% of the stock is currently owned by company insiders.

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.