UiPath (NYSE:PATH) Shares Up 8% - Here's Why

Key Points

• UiPath's share price increased by 8% during mid-day trading, reaching a last traded price of $12.82, following a previous close of $11.87.
• The company's earnings report revealed a significant revenue increase of 14.6% year-over-year, with $361.73 million in revenue for the quarter and an EPS of $0.15, surpassing analysts' expectations.
• Wall Street analysts maintain various ratings on UiPath, with a consensus average rating of "Hold" and a price target of $13.18, while one analyst assigned a Strong Buy rating.

Shares of UiPath, Inc. (NYSE:PATH - Get Free Report) shot up 8% during mid-day trading on Monday . The stock traded as high as $12.61 and last traded at $12.82. 4,727,280 shares were traded during trading, a decline of 60% from the average session volume of 11,754,990 shares. The stock had previously closed at $11.87.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Cowen reiterated a "hold" rating on shares of UiPath in a research note on Friday, September 5th. DA Davidson initiated coverage on UiPath in a research note on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective on the stock. Wall Street Zen upgraded UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. Canaccord Genuity Group reduced their price objective on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Monday, September 8th. Finally, Royal Bank Of Canada boosted their price objective on UiPath from $13.00 to $15.00 and gave the stock a "sector perform" rating in a research report on Friday, May 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $13.18.

UiPath Stock Performance

The firm's 50 day simple moving average is $11.51 and its 200 day simple moving average is $11.76. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 437.50, a PEG ratio of 4.54 and a beta of 1.02.

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

Insider Buying and Selling at UiPath

In other news, CFO Ashim Gupta sold 56,322 shares of the business's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $12.72, for a total transaction of $716,415.84. Following the completion of the sale, the chief financial officer owned 859,991 shares in the company, valued at $10,939,085.52. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Daniel Dines sold 122,733 shares of the company's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $11.71, for a total value of $1,437,203.43. Following the transaction, the chief executive officer directly owned 2,454,667 shares of the company's stock, valued at $28,744,150.57. This represents a 4.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,076,776 shares of company stock worth $13,325,053 over the last 90 days. 23.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. American Trust bought a new stake in UiPath in the second quarter worth $148,000. Total Investment Management Inc. purchased a new position in shares of UiPath in the 2nd quarter valued at approximately $108,000. Orion Porfolio Solutions LLC raised its holdings in shares of UiPath by 12.5% during the second quarter. Orion Porfolio Solutions LLC now owns 28,862 shares of the company's stock worth $369,000 after purchasing an additional 3,203 shares during the last quarter. Neuberger Berman Group LLC grew its position in shares of UiPath by 0.6% in the second quarter. Neuberger Berman Group LLC now owns 2,495,934 shares of the company's stock valued at $31,941,000 after purchasing an additional 13,980 shares during the period. Finally, Marex Group plc purchased a new position in UiPath during the second quarter worth about $167,000. 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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