Needham analyst Scott Berg has maintained their neutral stance on PATH stock, giving a Hold rating on March 13.
Scott Berg has given his Hold rating due to a combination of factors surrounding UiPath’s recent strategic developments. The company has introduced a new vision focused on agentic orchestration, which integrates agents, robots, data, and people into comprehensive workflows. While this innovative approach shows promise, the full impact on bookings is anticipated to be realized by the calendar year 2026.
The transformative nature of these new capabilities, including Intelligent Extraction and Processing and a tester-focused Test Cloud, suggests that customers will likely need time to evaluate and test these solutions through smaller pilot programs in 2025 before broader implementation. This timeline indicates that while the potential for growth exists, the immediate financial impact may be limited, justifying a Hold rating at this time.