Brokerages Set UiPath, Inc. (NYSE:PATH) Target Price at $13.71

Shares of UiPath, Inc. (NYSE:PATH) have been given a consensus recommendation of “Hold” by the eighteen ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $13.7143.

Several equities analysts recently weighed in on PATH shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of UiPath in a research note on Thursday, October 30th. Truist Financial dropped their price target on UiPath from $13.00 to $12.00 and set a “hold” rating for the company in a research report on Friday, September 5th. Canaccord Genuity Group cut their price target on UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, September 8th. Needham & Company LLC reissued a “hold” rating on shares of UiPath in a research note on Friday, September 5th. Finally, Cowen restated a “hold” rating on shares of UiPath in a report on Friday, September 5th.

Insider Buying and Selling at UiPath

In other UiPath news, CEO Daniel Dines sold 45,000 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $15.07, for a total value of $678,150.00. Following the completion of the transaction, the chief executive officer directly owned 29,288,585 shares in the company, valued at approximately $441,378,975.95. The trade was a 0.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Hitesh Ramani sold 5,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $15.47, for a total value of $77,350.00. Following the transaction, the chief accounting officer directly owned 182,776 shares in the company, valued at approximately $2,827,544.72. This represents a 2.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,319,002 shares of company stock worth $34,094,875 over the last 90 days. Company insiders own 23.19% of the company’s stock.

Hedge Funds Weigh In On UiPath

Several institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new stake in UiPath in the 2nd quarter worth about $28,000. AdvisorNet Financial Inc lifted its holdings in shares of UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock worth $32,000 after acquiring an additional 1,887 shares during the period. GAMMA Investing LLC lifted its holdings in shares of UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock worth $38,000 after acquiring an additional 969 shares during the period. IFP Advisors Inc boosted its position in shares of UiPath by 508.0% in the second quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock worth $42,000 after acquiring an additional 2,743 shares during the last quarter. Finally, Brooklyn Investment Group grew its holdings 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 purchasing an additional 3,420 shares during the period. 62.50% of the stock is currently owned by institutional investors and hedge funds.

UiPath Trading Up 1.2%

Shares of PATH opened at $14.32 on Wednesday. The stock’s 50 day moving average is $13.91 and its two-hundred day moving average is $12.76. UiPath has a twelve month low of $9.38 and a twelve month high of $18.74. The firm has a market capitalization of $7.60 billion, a PE ratio of 477.17, a P/E/G ratio of 5.23 and a beta of 1.09.

UiPath (NYSE:PATH) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping 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 business had revenue of $361.73 million for the quarter, compared to analysts’ expectations of $347.36 million. During the same period in the prior year, the company posted $0.04 EPS. The business’s revenue for the quarter was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, sell-side analysts predict that UiPath will post -0.17 EPS for the current year.

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.