UiPath (NYSE:PATH) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

UiPath (NYSE:PATH - Get Free Report) issued its earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01, Briefing.com reports. UiPath had a negative net margin of 6.49% and a negative return on equity of 4.14%. The firm had revenue of $356.62 million for the quarter, compared to analysts' expectations of $332.17 million. During the same quarter last year, the business earned $0.13 earnings per share. The business's revenue was up 6.4% on a year-over-year basis. UiPath updated its Q2 2026 guidance to EPS and its FY 2026 guidance to EPS.

UiPath Trading Down 6.3%

PATH traded down $0.84 during midday trading on Monday, reaching $12.47. The company's stock had a trading volume of 25,653,305 shares, compared to its average volume of 10,726,065. UiPath has a 1 year low of $9.38 and a 1 year high of $15.93. The stock's 50-day moving average is $11.53 and its 200-day moving average is $12.69. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of -77.93 and a beta of 1.01.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. UBS Group cut their price target on shares of UiPath from $14.00 to $10.00 and set a "sell" rating on the stock in a report on Thursday, March 13th. Truist Financial raised their target price on UiPath from $12.00 to $13.00 and gave the stock a "hold" rating in a research note on Friday. Needham & Company LLC restated a "hold" rating on shares of UiPath in a report on Friday. Mizuho dropped their price objective on UiPath from $12.00 to $11.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Finally, DA Davidson lifted their price objective on UiPath from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $13.72.

Insider Activity

In other news, CFO Ashim Gupta sold 98,795 shares of UiPath stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $12.01, for a total value of $1,186,527.95. Following the completion of the transaction, the chief financial officer now owns 987,322 shares of the company's stock, valued at $11,857,737.22. The trade was a 9.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Hitesh Ramani sold 12,500 shares of the company's 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 completion of 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 position. The disclosure for this sale can be found here. Company insiders own 23.19% of the company's stock.

Institutional Investors Weigh In On UiPath

Several institutional investors and hedge funds have recently made changes to their positions in PATH. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in UiPath by 5.4% during 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 valued at $15,221,000 after purchasing an additional 75,737 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of UiPath by 8.4% during the first quarter. Royal Bank of Canada now owns 140,774 shares of the company's stock valued at $1,450,000 after purchasing an additional 10,872 shares in the last quarter. Finally, Woodline Partners LP boosted its position in shares of UiPath by 69.6% during the first quarter. Woodline Partners LP now owns 22,566 shares of the company's stock valued at $232,000 after buying an additional 9,257 shares during the last quarter. Institutional investors own 62.50% of the company's stock.

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.