UiPath price target raised to $15.50 from $11.50 at BMO Capital

BMO Capital analyst Keith Bachman raised the firm’s price target on UiPath (PATH) to $15.50 from $11.50 and keeps a Market Perform rating on the shares. The company posted a solid Q1 against low expectations and raised guide for annual recurring revenue and revenue for the remainder of FY26 as highlighted by stronger deal pipeline, the analyst tells investors in a research note. UiPath management also struck a more optimistic tone around agentic momentum and public sector uncertainty, BMO added.