UiPath (NYSE:PATH) Reaches New 1-Year High - What's Next?

Key Points

• UiPath (PATH) reached a new 52-week high with shares trading as high as $16.60 and closing at $17.04, following a significant trading volume of over 2.5 million shares.
• Analysts have mixed outlooks for UiPath, with one upgrade to a "strong-buy" rating, while the average rating remains a "hold" with a consensus price target of $13.21.
• Institutional investors now hold 62.50% of UiPath's stock, with notable increases in stakes from various financial institutions in the last quarter.

UiPath, Inc. (NYSE:PATH - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $16.60 and last traded at $17.04, with a volume of 2520365 shares changing hands. The stock had previously closed at $15.58.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group cut their price target on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Monday, September 8th. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a report on Friday, September 5th. Truist Financial lowered their price target on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a research report on Friday, September 5th. Zacks Research upgraded shares of UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Finally, Wall Street Zen upgraded shares of UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $13.21.

UiPath Trading Up 19.1%

The business's fifty day moving average is $11.74 and its 200 day moving average is $11.93. The company has a market cap of $9.85 billion, a P/E ratio of 618.33, a PEG ratio of 5.48 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. The company had revenue of $361.73 million during the quarter, compared to the consensus estimate of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The firm's quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, research analysts expect that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Daniel Dines sold 122,734 shares of the business's stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the sale, the chief executive officer directly owned 736,404 shares in the company, valued at approximately $10,965,055.56. The trade was a 14.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Brad Brubaker sold 66,665 shares of UiPath stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $15.00, for a total value of $999,975.00. Following the transaction, the insider directly owned 690,519 shares of the company's stock, valued at $10,357,785. The trade was a 8.80% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,692,334 shares of company stock valued at $21,619,319 over the last ninety days. Corporate insiders own 23.19% of the company's stock.

Institutional Investors Weigh In On UiPath

Several large investors have recently added to or reduced their stakes in PATH. Twin Peaks Wealth Advisors LLC bought a new position in UiPath in the 2nd quarter worth about $28,000. AdvisorNet Financial Inc increased its holdings in shares of UiPath by 320.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock worth $32,000 after buying an additional 1,887 shares during the last quarter. CX Institutional bought a new position in shares of UiPath in the 1st quarter worth $36,000. GAMMA Investing LLC raised its position in shares of UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock valued at $38,000 after buying an additional 969 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock worth $42,000 after acquiring an additional 2,743 shares during the last quarter. Institutional investors own 62.50% of the company's stock.

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.

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