William Blair analyst Jake Roberge has maintained their neutral stance on PATH stock, giving a Hold rating today.
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Jake Roberge has given his Hold rating due to a combination of factors including UiPath’s recent performance and future prospects. The company reported strong second-quarter results, surpassing expectations in key areas such as revenue growth and early adoption of AI solutions. Despite these positive developments, the anticipated impact of their agentic solutions on fiscal 2026 revenue is not expected to be significant, though it may contribute more meaningfully in fiscal 2027.
Additionally, while UiPath has improved its go-to-market strategy and seen progress in the public sector, the company remains cautious in its full-year guidance due to the unpredictable macroeconomic environment. The raised revenue and operating margin expectations reflect confidence in their execution, but the prudence in guidance suggests a balanced view of potential risks and opportunities, leading to the Hold rating.
In another report released today, Barclays also maintained a Hold rating on the stock with a $14.00 price target.