UiPath (PATH) Receives a Rating Update from a Top Analyst
In a report released on May 18, Matthew Hedberg from RBC Capital maintained a Hold rating on UiPath (PATH – Research Report), with a price target of $13.00. The company's shares closed yesterday at $12.59.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Hedberg is a top 100 analyst with an average return of 20.4% and a 66.80% success rate. Hedberg covers the Technology sector, focusing on stocks such as Olo, ServiceNow, and CrowdStrike Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for UiPath with a $11.97 average price target.
The company has a one-year high of $20.51 and a one-year low of $9.38. Currently, UiPath has an average volume of 12.91M.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
UiPath's AI Pivot Is Underway. Time to Buy the Stock?
UiPath is looking toward artificial intelligence to help reinvigorate its growth. The robotic automation specialist says its AI solutions have been gaining momentum. The stock is cheap, but the company needs to speed up growth to jumpstart its stock. 10 stocks we like better than UiPath › With the advent of artificial intelligence (AI), UiPath (NYSE: PATH) has had to make a significant technological pivot. But this isn't the first time the company has undertaken a major technological shift. It began by outsourcing software services and transitioned into a leading robotic process automation (RPA) company. RPA uses software bots to handle repetitive human tasks, and thus is used to help automate processes such as invoice and payroll processing and data entry. Today, the company is looking to become an end-to-end automation platform that integrates AI agents and robots into a single unified platform. It wasn't long ago that UiPath was growing rapidly, posting a 31% revenue increase for the quarter that ended Jan. 31, 2024. Today, the company is still growing, just at a much more modest pace, with revenue rising 6% in its fiscal 2026 first quarter to $357 million. Its annual recurring revenue (ARR) climbed 12% year over year to $1.7 billion. ARR measures yearly billed amounts from subscription licenses as well as maintenance and support obligations, and it's an important metric for predicting revenue growth. It doesn't include perpetual licenses or professional services. It saw new net ARR of $27 million in the quarter. The company has seen strength in the public sector, particularly with the federal government. This included a significant win with the Air Force to support its digital transformation efforts. Dollar-based net retention was 108% on a trailing-12-month basis, down slightly from 110% last quarter. Numbers above 100% show spending growth by existing clients after churn. Customers with $100,000 or more in ARR increased 13% to 2,365, and those with $1 million or more rose 10% to 316. UiPath finished the quarter with $1.6 billion in cash and marketable securities and no debt. It generated $116 million in operating cash flow and bought back 21.9 million shares in the quarter. On its earnings call, management called its agentic automation platform the most successful product introduction in its history. While still early, both its agentic orchestration platform, called Maestro, and its Agent Builder, which helps users develop and deploy AI agents, have seen strong early adoption. It plans to implement a new consumption-based pricing model for its agentic solutions. It said its first deal since its AI products became generally available was with a Fortune 15 global health company that signed a multi-year, multimillion-dollar expansion for UiPath's Maestro and Agent Builder. Despite the early success, the company does not expect its AI solutions to be material contributors to revenue this fiscal year. However, it is looking for them to set the stage for meaningful new revenue streams in fiscal 2027 and beyond. The company has forecast fiscal second-quarter revenue in the range of $345 million to $350 million. It guided for ARR to be between $1.715 billion and $1.72 billion. For its full fiscal year, management forecasts revenue to be between $1.549 billion and $1.554 billion, up from a prior outlook of $1.525 billion to $1.53 billion. It projects ARR to be between $1.82 billion and $1.825 billion, up from its previous outlook for $1.816 billion to $1.821 billion. Shares trade at a forward price-to-sales ratio of 4.3 based on this year's analyst estimates, but after taking out its $1.6 billion in net cash, it trades at a ratio of enterprise value to forward sales of only 3.3. That's very cheap for a profitable software company with a high gross margin (85% last quarter) and solid cash flow. That said, tech investors tend to be all about growth, so value names in tech often struggle to gain traction. UiPath's new AI solutions will really need to reinvigorate revenue growth for the stock to work from here. Agentic AI -- systems capable of autonomous decision-making and actions -- is a big opportunity, and the company's ability to use both RPA and AI agents depending on the situation could be a differentiator. Still, a lot of companies are currently pursuing agentic AI, so this is likely to be a competitive field. Given UiPath's valuation and the company's proven ability to transform its business previously, I think the stock looks attractive at current levels. However, I would still consider it a bit more speculative in nature, given that its AI strategy has yet to be proven, and a lot is riding on it. Before you buy stock in UiPath, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and UiPath wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Geoffrey Seiler has positions in UiPath. The Motley Fool has positions in and recommends UiPath. The Motley Fool has a disclosure policy. UiPath's AI Pivot Is Underway. Time to Buy the Stock? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
Progress Software announces Q2 release of Progress Telerik, Kendo UI
Progress Software (PRGS) announced the Q2 2025 release of Progress Telerik and Progress Kendo UI, the most powerful .NET and JavaScript UI libraries for modern application development. This release introduces a number of groundbreaking AI capabilities that significantly accelerate development workflows, including AI Coding Assistants for Blazor and React, AI-driven theme generation and GenAI-powered reporting insights. Highlights of the Telerik and Kendo UI Q2 2025 release: AI Coding Assistants for Blazor and React: Empowers developers to automatically generate production-ready code in the Progress Telerik UI for Blazor and Progress KendoReact libraries directly inside all popular AI-powered IDEs, minimizing manual edits and significantly shortening development cycles. AI Theme Generation in Progress ThemeBuilder: Developers can leverage natural language prompts to create custom styles for Telerik and Kendo UI components, with real-time previews that streamline design-to-production workflows and uphold consistent branding. GenAI-Powered Reporting Insights: Integrated directly into Progress Telerik Reporting, these intelligent summaries and contextual insights eliminate the need for external tools, enabling faster, more informed decisions. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PRGS: Disclaimer & DisclosureReport an Issue Progress announces ShareFile integration with Microsoft 365 Progress Software Holds Annual Stockholders Meeting on May 8 Progress Software price target lowered to $70 from $75 at DA Davidson Sign in to access your portfolio
Yahoo
5 hours ago
- Yahoo
Verses Technologies welcomes IEEE final approval of Spatial Web strands
VERSES AI welcomes the final ratification and forthcoming publication of the Institute of Electrical and Electronics Engineers Standards Association, IEEE-SA, P2874 Spatial Web standards intended to enable interoperability and governance between AI systems, agents, robotics and Internet of Things devices. 'Congratulations to the Spatial Web Foundation and the approximately three hundred P2874 working group participants who have worked diligently during the last five years to bring about this remarkable achievement. I believe that these global standards mark the dawn of the next era of the web,' said VERSES CEO, Gabriel Rene. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on VRSSF: Disclaimer & DisclosureReport an Issue VERSES AI's AXIOM Model Surpasses Google DeepMind in AI Benchmark Verses Technologies issues inaugural monthly newsletter Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
