UiPath (PATH) AI Stock Analysis

• Market Cap: $6.59B
• Dividend Yield: N/A
• Average Volume (3M): 9.97M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.62
• Revenue Growth: 7.21%
• EPS Growth: 23.13%
• Country: US
• Employees: 3,868
• Sector: Technology
• Sector Strength: 90
• Industry: Software - Infrastructure
• EPS (TTM): 0.11
• Shares Outstanding: 457,586,100
• 10 Day Avg. Volume: 14,693,307
• 30 Day Avg. Volume: 9,965,909
• PEG Ratio: -13.14
• Price to Book (P/B): 4.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.30
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 4.21
• Enterprise Value/Gross Profit: 60.04
• Enterprise Value/Ebitda: -10.17
• 1Y Price Target: $14.42
• Price Target Upside: 18.39% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 18

• Rating: 69 Neutral
• Price Target: $13.50 ▲(10.84%Upside)

UiPath's overall stock score is driven by strong financial performance and positive earnings call sentiment. However, technical analysis and valuation concerns, particularly the negative P/E ratio, temper the outlook. The company's strategic focus on innovation and partnerships may support future growth despite current profitability challenges.

Positive Factors

Earnings

UiPath reported solid first-quarter results that outperformed consensus estimates on all key metrics.

Partnerships

UiPath expanded its partnership with Microsoft through a new bidirectional integration with Microsoft Copilot Studio, showing solid progress against partner initiatives.

Product Launch

The firm's launch of its Agentic Automation Platform is shaping up to be a promising move in its 'second act,' which CEO Dines described as 'one of the most important and successful product launches in the firm’s history.'

Negative Factors

Competition

Sentiment on stock is low, with little perceived chance of success competing in agentic arena vs. newer peers like OpenAI and Anthropic.

Growth Metrics

Continued declines in key metrics including NRR, which dropped to 108% in the quarter, lead to a cautious stance until growth stabilizes.

Market Conditions

Concerns about inflation and interest rates influence the Market Perform rating, suggesting challenges in multiple expansion for long duration cash flow assets like UiPath.

UiPath Business Overview & Revenue Model

Company Description

UiPath (PATH) is a leading global software company specializing in robotic process automation (RPA). The company provides a comprehensive automation platform that enables organizations to efficiently automate repetitive tasks, enhance productivity, and improve operational efficiency. UiPath's products and services cater to a wide range of industries, including finance, healthcare, manufacturing, and telecommunications, offering solutions that integrate seamlessly with existing systems and applications.

How the Company Makes Money

UiPath generates revenue primarily through the sale of software licenses for its RPA platform. The company's revenue model includes both perpetual licenses, where customers pay a one-time fee, and subscription licenses, which provide a recurring revenue stream. Additionally, UiPath offers maintenance and support services, providing ongoing technical assistance and updates to its clients. The company also earns revenue from professional services, such as consulting and training, which help customers implement and optimize their automation solutions. Strategic partnerships with technology vendors and system integrators further expand UiPath's market reach and contribute to its revenue growth.

UiPath Financial Statement Overview

Summary

UiPath's financial performance reflects strong revenue growth and solid cash flow generation. Despite persistent net losses and negative profitability ratios, the company maintains a strong balance sheet with low leverage and ample liquidity.

Income Statement

UiPath has demonstrated consistent revenue growth with a substantial increase of approximately 34.5% from 2023 to 2024 and 9.3% from 2024 to 2025. Despite this growth, the company remains unprofitable with a negative net profit margin of -5.2% in 2025, although this has improved from previous years. The gross profit margin is strong at 82.7%, indicating effective cost management on direct expenses. However, negative EBIT and EBITDA margins suggest challenges in covering operating expenses.

Balance Sheet

The balance sheet shows a healthy equity position, with an equity ratio of 64.4% in 2025, indicating financial stability. The debt-to-equity ratio is low at 0.04, suggesting minimal leverage risk. However, the return on equity is negative, reflecting ongoing net losses. The company has significant cash reserves, providing a buffer against financial uncertainties.

Cash Flow

UiPath has shown a positive trend in operating cash flows, with a robust operating cash flow to net income ratio exceeding 4 in 2025, indicating good cash generation relative to reported losses. Free cash flow has also improved, showing positive growth. The company's ability to generate cash flow despite net losses is a key strength.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.43B	1.31B	1.06B	892.25M	607.64M
Gross Profit	1.18B	1.11B	878.53M	723.38M	541.79M
EBITDA	-145.34M	-141.70M	-329.56M	-486.24M	-90.72M
Net Income	-73.69M	-89.88M	-328.35M	-525.59M	-92.39M
Balance Sheet
Total Assets	2.87B	2.95B	2.74B	2.57B	866.46M
Cash, Cash Equivalents and Short-Term Investments	1.63B	1.88B	1.76B	1.87B	460.52M
Total Debt	77.82M	67.07M	63.44M	51.40M	20.08M
Total Liabilities	1.02B	938.64M	815.05M	650.53M	1.67B
Stockholders Equity	1.85B	2.02B	1.92B	1.92B	-803.70M
Cash Flow
Free Cash Flow	305.64M	291.74M	-33.80M	-68.02M	25.98M
Operating Cash Flow	320.56M	299.08M	-9.98M	-54.96M	29.18M
Investing Cash Flow	-45.50M	-439.57M	-289.14M	-35.44M	-125.99M
Financing Cash Flow	-450.51M	-196.90M	-60.67M	1.47B	250.42M

UiPath Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.18
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PATH, the sentiment is Negative. The current price of 12.18 is below the 20-day moving average (MA) of 12.68, below the 50-day MA of 12.71, and below the 200-day MA of 12.70, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 41.33 is Neutral, neither overbought nor oversold. The STOCH value of 29.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PATH.

UiPath Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INFA	78 Outperform	$8.57B	5,231.91	0.09%	―	2.28%	―
ACIW	74 Outperform	$4.72B	17.66	19.69%	―	13.11%	91.21%
CCCS	70 Outperform	$6.51B	705.63	0.46%	―	9.05%	―
PATH	69 Neutral	$6.59B	―	-3.62%	―	7.21%	23.13%
CFLT	66 Neutral	$9.05B	―	-34.18%	―	24.11%	21.87%
S	64 Neutral	$6.47B	―	-26.98%	―	32.25%	20.56%
Sector *	63 Neutral	$34.70B	5.15	-11.38%	1.67%	5.54%	-17.15%

UiPath Corporate Events

UiPath Stockholders Approve Key Proposals at Annual Meeting

On June 26, 2025, UiPath, Inc. held its annual stockholders meeting where 94.53% of voting power was represented. During the meeting, stockholders approved three key proposals: the election of eight directors, a non-binding advisory vote on executive compensation, and the ratification of KPMG LLP as the independent auditor for the fiscal year ending January 31, 2026.

The most recent analyst rating on (PATH) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on UiPath stock, see the PATH Stock Forecast page.

UiPath Board Member Laela Sturdy Resigns

On May 6, 2025, Laela Sturdy, a member of UiPath‘s Board of Directors since March 2021, announced her decision not to seek re-election and will resign before the 2025 Annual Meeting. Her departure is amicable, with no disagreements cited, and UiPath expressed gratitude for her contributions.