UiPath Inc. (NYSE:PATH – Free Report) – Scotiabank upped their FY2026 earnings per share (EPS) estimates for UiPath in a note issued to investors on Monday, June 9th. Scotiabank analyst N. Altmann now expects that the company will post earnings of $0.09 per share for the year, up from their prior forecast of ($0.04). Scotiabank has a “Sector Perform” rating and a $13.00 price objective on the stock. The consensus estimate for UiPath’s current full-year earnings is ($0.17) per share.
Several other research analysts have also commented on the stock. Morgan Stanley raised their price objective on shares of UiPath from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 2nd. Mizuho reduced their target price on shares of UiPath from $12.00 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. Truist Financial raised their price target on shares of UiPath from $12.00 to $13.00 and gave the company a “hold” rating in a research report on Friday, May 30th. Evercore ISI upped their price objective on UiPath from $11.00 to $15.00 and gave the stock an “in-line” rating in a research report on Friday, May 30th. Finally, Barclays reiterated an “equal weight” rating on shares of UiPath in a research note on Friday, May 30th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $13.83.
UiPath Price Performance
NYSE PATH opened at $12.66 on Thursday. The company has a market cap of $6.98 billion, a P/E ratio of -79.13 and a beta of 1.06. The stock has a 50-day moving average of $11.98 and a two-hundred day moving average of $12.68. UiPath has a 1-year low of $9.38 and a 1-year high of $15.93.
UiPath (NYSE:PATH – Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. UiPath had a negative return on equity of 4.14% and a negative net margin of 6.49%. The firm had revenue of $356.62 million for the quarter, compared to the consensus estimate of $332.17 million. During the same quarter in the previous year, the business earned $0.13 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year.
Institutional Investors Weigh In On UiPath
A number of institutional investors and hedge funds have recently bought and sold shares of PATH. CIBC Asset Management Inc grew its holdings in shares of UiPath by 5.3% during the fourth quarter. CIBC Asset Management Inc now owns 14,741 shares of the company’s stock worth $187,000 after purchasing an additional 736 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of UiPath by 33.4% in the 4th quarter. V Square Quantitative Management LLC now owns 3,030 shares of the company’s stock valued at $39,000 after purchasing an additional 759 shares during the period. Tidal Investments LLC grew its stake in UiPath by 3.7% during the 4th quarter. Tidal Investments LLC now owns 22,487 shares of the company’s stock worth $286,000 after buying an additional 797 shares during the last quarter. True Wealth Design LLC grew its stake in UiPath by 18.4% during the 4th quarter. True Wealth Design LLC now owns 5,163 shares of the company’s stock worth $66,000 after buying an additional 801 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position in UiPath by 47.8% during the fourth quarter. First Horizon Advisors Inc. now owns 2,487 shares of the company’s stock worth $32,000 after buying an additional 804 shares during the period. 62.50% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, CAO Hitesh Ramani sold 12,500 shares of the company’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $10.19, for a total value 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. This represents a 3.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Ashim Gupta sold 98,795 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $12.01, for a total transaction of $1,186,527.95. Following the completion of the transaction, the chief financial officer now directly owns 987,322 shares in the company, valued at $11,857,737.22. This trade represents a 9.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. 23.19% of the stock is owned by company insiders.
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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