UiPath (NYSE:PATH) Shares Up 2.9% - Still a Buy?

Key Points

• UiPath's stock increased by 2.9%, closing at $15.47 after trading as high as $15.73, with trading volume up 12% compared to its average.
• Analysts have mostly rated UiPath as a "Hold," with one strong buy, two buy, and two sell ratings, alongside a consensus target price of $13.71.
• The company reported earnings of $0.15 per share, significantly beating estimates, with revenue of $361.73 million, a 14.6% year-over-year increase.

UiPath, Inc. (NYSE:PATH - Get Free Report)'s share price rose 2.9% on Thursday . The stock traded as high as $15.73 and last traded at $15.47. Approximately 16,024,387 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 14,364,818 shares. The stock had previously closed at $15.03.

Wall Street Analysts Forecast Growth

PATH has been the subject of several analyst reports. DA Davidson initiated coverage on UiPath in a research report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective for the company. Zacks Research upgraded UiPath from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 8th. Cowen reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. BMO Capital Markets increased their price objective on UiPath from $12.50 to $13.00 and gave the stock a "market perform" rating in a research report on Thursday, October 2nd. Finally, Needham & Company LLC restated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $13.71.

UiPath Price Performance

The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 515.60, a PEG ratio of 6.02 and a beta of 1.07. The firm has a 50 day moving average price of $12.83 and a 200-day moving average price of $12.33.

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

Insider Activity

In other news, CEO Daniel Dines sold 45,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $15.53, for a total value of $698,850.00. Following the sale, the chief executive officer directly owned 29,738,585 shares in the company, valued at approximately $461,840,225.05. This trade represents a 0.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Hitesh Ramani sold 5,000 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $15.47, for a total value of $77,350.00. Following the completion of the sale, the chief accounting officer owned 182,776 shares in the company, valued at approximately $2,827,544.72. The trade was a 2.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,193,990 shares of company stock worth $31,558,381. Corporate insiders own 23.19% of the company's stock.

Institutional Trading of UiPath

Several hedge funds have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in UiPath in the second quarter valued at $28,000. AdvisorNet Financial Inc raised its stake in UiPath by 320.4% in the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock valued at $32,000 after buying an additional 1,887 shares in the last quarter. GAMMA Investing LLC raised its stake in UiPath by 48.0% in the second 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. IFP Advisors Inc raised its stake in UiPath by 508.0% in the second quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock valued at $42,000 after buying an additional 2,743 shares in the last quarter. Finally, Brooklyn Investment Group raised its stake in UiPath by 314.3% in the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after buying an additional 3,420 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

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.

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