Scotiabank Has Optimistic Outlook of UiPath FY2025 Earnings

UiPath Inc. (NYSE:PATH - Free Report) - Stock analysts at Scotiabank raised their FY2025 EPS estimates for shares of UiPath in a research report issued on Wednesday, January 8th. Scotiabank analyst N. Altmann now expects that the company will post earnings per share of ($0.18) for the year, up from their previous estimate of ($0.24). The consensus estimate for UiPath's current full-year earnings is ($0.18) per share.

A number of other research analysts have also weighed in on the stock. UBS Group initiated coverage on shares of UiPath in a research note on Thursday, December 12th. They issued a "sell" rating and a $14.00 price objective for the company. Wells Fargo & Company lowered their price objective on shares of UiPath from $15.00 to $13.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 23rd. Barclays reduced their target price on UiPath from $16.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Friday. BMO Capital Markets lifted their price target on UiPath from $15.00 to $16.00 and gave the stock a "market perform" rating in a research note on Friday, December 6th. Finally, Morgan Stanley boosted their target price on UiPath from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $17.44.

UiPath Stock Down 1.1 %

UiPath stock traded down $0.14 during midday trading on Monday, reaching $12.83. The stock had a trading volume of 1,570,034 shares, compared to its average volume of 8,342,426. The firm has a market capitalization of $7.05 billion, a PE ratio of -80.19 and a beta of 0.96. The firm's 50-day moving average price is $13.56 and its 200 day moving average price is $12.77. UiPath has a 12 month low of $10.37 and a 12 month high of $27.87.

Insider Buying and Selling at UiPath

In other news, CFO Ashim Gupta sold 47,227 shares of UiPath stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $13.06, for a total value of $616,784.62. Following the completion of the transaction, the chief financial officer now owns 856,538 shares in the company, valued at approximately $11,186,386.28. The trade was a 5.23 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Hitesh Ramani sold 25,000 shares of the stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $13.05, for a total value of $326,250.00. Following the sale, the chief accounting officer now owns 269,421 shares in the company, valued at $3,515,944.05. The trade was a 8.49 % decrease in their position. The disclosure for this sale can be found here. 22.37% of the stock is owned by company insiders.

Hedge Funds Weigh In On UiPath

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ontario Teachers Pension Plan Board boosted its position in shares of UiPath by 136.0% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 108,725 shares of the company's stock worth $1,392,000 after purchasing an additional 62,650 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of UiPath by 60.1% during the third quarter. D.A. Davidson & CO. now owns 557,667 shares of the company's stock valued at $7,138,000 after acquiring an additional 209,300 shares in the last quarter. Stifel Financial Corp raised its position in shares of UiPath by 30.1% in the 3rd quarter. Stifel Financial Corp now owns 323,818 shares of the company's stock valued at $4,145,000 after purchasing an additional 74,959 shares during the last quarter. Senvest Management LLC grew its position in UiPath by 16.7% during the 3rd quarter. Senvest Management LLC now owns 10,894,483 shares of the company's stock worth $139,449,000 after purchasing an additional 1,559,500 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in UiPath by 667.7% during the 3rd quarter. Quantbot Technologies LP now owns 101,718 shares of the company's stock valued at $1,302,000 after purchasing an additional 88,468 shares in the last quarter. Hedge funds and other 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.