UiPath (NYSE:PATH) Shares Down 3.9% - What's Next?

Key Points

• UiPath's shares fell by 3.9%, trading as low as $16.05 amidst increased trading volume of 34 million shares, significantly above the average.
• Several brokerages, including Needham & Company and Cowen, reaffirmed a "hold" rating on UiPath, while Canaccord Genuity Group lowered its target price from $16.00 to $15.00.
• Despite a recent earnings report showing a profit of $0.15 per share, the company's stock has an average price target of $13.21, suggesting mixed analyst sentiment.

UiPath, Inc. (NYSE:PATH - Get Free Report) shares were down 3.9% on Tuesday . The stock traded as low as $16.05 and last traded at $16.46. Approximately 34,143,677 shares traded hands during mid-day trading, an increase of 144% from the average daily volume of 13,976,861 shares. The stock had previously closed at $17.14.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PATH. Needham & Company LLC reaffirmed a "hold" rating on shares of UiPath in a research note on Friday, September 5th. Cowen reaffirmed a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Weiss Ratings restated a "sell (d)" rating on shares of UiPath in a report on Wednesday, October 8th. DA Davidson initiated coverage on shares of UiPath in a report on Friday, September 5th. They set a "neutral" rating and a $12.00 target price on the stock. Finally, Canaccord Genuity Group dropped their target price on shares of UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, September 8th. One investment 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's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $13.21.

UiPath Stock Performance

The firm has a market cap of $8.74 billion, a price-to-earnings ratio of 548.80, a price-to-earnings-growth ratio of 6.31 and a beta of 1.07. The stock has a 50-day moving average of $12.11 and a 200-day moving average of $12.08.

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

Insider Transactions at UiPath

In other UiPath news, CEO Daniel Dines sold 122,734 shares of the business's stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $18.37, for a total transaction of $2,254,623.58. Following the transaction, the chief executive officer owned 490,936 shares of the company's stock, valued at $9,018,494.32. The trade was a 20.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Brad Brubaker sold 66,665 shares of the business's stock in a transaction that occurred on Monday, October 6th. The stock was 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 in the company, valued at $10,357,785. This trade represents a 8.80% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,725,068 shares of company stock worth $22,742,192. 23.19% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC increased its position in UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock worth $38,000 after buying an additional 969 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of UiPath by 0.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company's stock worth $1,579,000 after acquiring an additional 1,033 shares during the last quarter. Xponance Inc. increased its holdings in shares of UiPath by 2.0% during the 1st quarter. Xponance Inc. now owns 54,246 shares of the company's stock worth $559,000 after acquiring an additional 1,054 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of UiPath by 0.4% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,946 shares of the company's stock worth $4,019,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Covestor Ltd increased its holdings in shares of UiPath by 13.1% during the 1st quarter. Covestor Ltd now owns 11,070 shares of the company's stock worth $114,000 after acquiring an additional 1,283 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

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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