UiPath, Inc. (NYSE:PATH) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Eighteen analysts give UiPath a consensus rating of Hold (1 sell, 14 hold, 3 buy) with an average 12‑month price target of about $14.07.
• UiPath beat the quarter with $0.30 EPS vs. $0.25 expected and $481.1M in revenue (up 13.4% year‑over‑year), while the stock trades near $10.56 and the company has a $5.53B market cap.
• Several brokers recently cut targets (Truist, Mizuho, TD Cowen) though Barclays raised its target to $18, reflecting mixed analyst sentiment; institutional investors own roughly 62.5% of the shares.

Shares of UiPath, Inc. (NYSE:PATH - Get Free Report) have earned an average recommendation of "Hold" from the eighteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $14.0667.

A number of equities analysts have issued reports on the company. Truist Financial lowered their target price on UiPath from $17.00 to $12.00 and set a "hold" rating for the company in a report on Thursday, March 12th. Mizuho lowered their target price on UiPath from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, March 12th. Canaccord Genuity Group lowered their target price on UiPath from $19.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, March 12th. TD Cowen lowered their target price on UiPath from $16.00 to $13.00 and set a "hold" rating for the company in a report on Thursday, March 12th. Finally, Barclays upped their target price on UiPath from $16.00 to $18.00 and gave the stock an "equal weight" rating in a report on Monday, January 12th.

UiPath Stock Up 1.0%

Shares of PATH opened at $10.56 on Wednesday. UiPath has a 12-month low of $9.28 and a 12-month high of $19.84. The business has a 50-day simple moving average of $10.98 and a two-hundred day simple moving average of $13.64. The stock has a market cap of $5.53 billion, a PE ratio of 20.31, a PEG ratio of 1.71 and a beta of 1.03.

UiPath (NYSE:PATH - Get Free Report) last issued its earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. UiPath had a return on equity of 5.69% and a net margin of 17.53%.The business had revenue of $481.11 million during the quarter, compared to analysts' expectations of $464.81 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The business's revenue for the quarter was up 13.4% compared to the same quarter last year. On average, equities research analysts expect that UiPath will post 0.32 EPS for the current year.

Institutional Trading of UiPath

Institutional investors have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. increased its position in UiPath by 1.9% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 37,871 shares of the company's stock valued at $621,000 after purchasing an additional 720 shares during the period. Meeder Advisory Services Inc. increased its position in UiPath by 7.6% during the 4th quarter. Meeder Advisory Services Inc. now owns 12,132 shares of the company's stock valued at $199,000 after purchasing an additional 861 shares during the period. Green Alpha Advisors LLC increased its position in UiPath by 3.4% during the 4th quarter. Green Alpha Advisors LLC now owns 29,519 shares of the company's stock valued at $484,000 after purchasing an additional 973 shares during the period. Covestor Ltd increased its position in UiPath by 17.7% during the 3rd quarter. Covestor Ltd now owns 6,522 shares of the company's stock valued at $87,000 after purchasing an additional 981 shares during the period. Finally, Pasadena Private Wealth LLC increased its position in UiPath by 9.0% during the 1st quarter. Pasadena Private Wealth LLC now owns 12,750 shares of the company's stock valued at $142,000 after purchasing an additional 1,050 shares during the period. 62.50% of the stock is currently owned by institutional investors.

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.

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