UiPath (NYSE:PATH) Cut to “Buy” at Wall Street Zen

Wall Street Zen downgraded shares of UiPath (NYSE:PATH) from a strong-buy rating to a buy rating in a research note issued to investors on Saturday.

Several other research firms have also weighed in on PATH. Canaccord Genuity Group lowered their price objective on UiPath from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, September 8th. Zacks Research upgraded UiPath from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 8th. Weiss Ratings reissued a “sell (d)” rating on shares of UiPath in a report on Wednesday, October 8th. UBS Group set a $17.00 target price on shares of UiPath and gave the stock a “neutral” rating in a report on Thursday. Finally, BMO Capital Markets increased their target price on shares of UiPath from $12.50 to $13.00 and gave the stock a “market perform” rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, UiPath has a consensus rating of “Hold” and an average target price of $13.71.

UiPath Price Performance

Shares of UiPath stock opened at $17.37 on Friday. The firm has a market capitalization of $9.22 billion, a PE ratio of 579.07, a price-to-earnings-growth ratio of 6.10 and a beta of 1.07. The company’s fifty day moving average price is $13.16 and its two-hundred day moving average price is $12.48. UiPath has a 52-week low of $9.38 and a 52-week high of $18.74.

UiPath (NYSE:PATH) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 1.35% and a return on equity of 1.28%. The firm’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 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Analysts predict that UiPath will post -0.17 earnings per share for the current fiscal year.

Insider Buying and Selling at UiPath

In other UiPath news, CAO Hitesh Ramani sold 5,000 shares of the business’s stock in a transaction dated 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 transaction, the chief accounting officer directly owned 182,776 shares of the company’s stock, valued at approximately $2,827,544.72. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Daniel Dines sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $15.46, for a total transaction of $695,700.00. Following the transaction, the chief executive officer owned 29,648,585 shares in the company, valued at $458,367,124.10. The trade was a 0.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,148,990 shares of company stock worth $31,155,631. 23.19% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On UiPath

Institutional investors and hedge funds have recently made changes to their positions in the company. Hudson Bay Capital Management LP bought a new position in UiPath in the second quarter valued at about $102,559,000. Norges Bank bought a new position in shares of UiPath in the 2nd quarter valued at about $68,451,000. AQR Capital Management LLC grew its position in shares of UiPath by 76.0% during the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock worth $145,732,000 after buying an additional 4,926,341 shares during the period. TFG Asset Management GP Ltd raised its stake in shares of UiPath by 53.3% during the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company’s stock worth $175,645,000 after buying an additional 4,772,244 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in UiPath by 479.3% in the first quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company’s stock valued at $58,917,000 after buying an additional 4,732,712 shares during the period. Institutional investors own 62.50% of the company’s stock.

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.