UiPath (PATH) AI Stock Analysis

• Market Cap: $8.62B
• Dividend Yield: N/A
• Average Volume (3M): 20.65M
• Price to Earnings (P/E): 38.0
• Beta (1Y): 1.36
• Revenue Growth: 10.05%
• EPS Growth: N/A
• Country: US
• Employees: 3,868
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.16
• Shares Outstanding: 460,443,700
• 10 Day Avg. Volume: 20,546,314
• 30 Day Avg. Volume: 20,648,979
• PEG Ratio: 5.76
• Price to Book (P/B): 4.31
• Price to Sales (P/S): 5.57
• P/FCF Ratio: 26.05
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 4.66
• Enterprise Value/Gross Profit: 5.60
• Enterprise Value/Ebitda: 278.83
• 1Y Price Target: $16.54
• Price Target Upside: 2.61% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 18
• EPS Forecast (FY): 0.67
• Revenue Forecast (FY): $1.59B

• Rating: 72 Outperform
• Price Target: $20.50 ▲(27.17% Upside)

UiPath's overall stock score is driven by strong financial performance and a positive earnings call, highlighting record ARR and the first GAAP profitable quarter. However, technical indicators suggest overbought conditions, and the valuation appears high with a P/E ratio of 43.47. Challenges with lower-end customer attrition and FX headwinds also pose risks.

Positive Factors

Revenue Growth

The consistent revenue growth indicates strong market demand and effective business strategies, enhancing UiPath's long-term market position.

Strategic Partnerships

These partnerships enhance UiPath's technological capabilities and market reach, providing a competitive edge in the automation industry.

First GAAP Profitable Quarter

Achieving profitability demonstrates financial discipline and operational efficiency, crucial for sustainable growth and investor confidence.

Negative Factors

Cash Flow Challenges

Declining free cash flow growth may limit UiPath's ability to invest in growth opportunities and could strain financial flexibility.

Challenges with Lower-End Customer Segment

Attrition in the lower-end market segment could impact net new ARR and retention rates, affecting long-term revenue stability.

Foreign Exchange Headwinds

FX headwinds can affect revenue and profitability, posing a risk to financial performance in international markets.

UiPath Business Overview & Revenue Model

Company Description

UiPath (PATH) is a leading provider of robotic process automation (RPA) solutions, enabling organizations to automate repetitive tasks and enhance operational efficiency. The company operates primarily in the technology sector, focusing on software development for automation, artificial intelligence, and machine learning. Its core products include the UiPath Platform, which encompasses tools for process discovery, automation design, and management, allowing businesses to streamline workflows across various industries.

How the Company Makes Money

UiPath generates revenue primarily through a subscription-based model, offering its software solutions on a yearly basis. Key revenue streams include licensing fees for its RPA software, cloud services, and additional offerings such as training and support services. The company also benefits from significant partnerships with major cloud providers and technology firms, which enhance its market reach and integration capabilities. Upselling and cross-selling additional features and services to existing customers further contribute to its earnings.

UiPath Financial Statement Overview

Summary

UiPath demonstrates solid revenue growth and strong cash flow generation, which are positive indicators for future performance. However, the company faces challenges in achieving operational profitability, as evidenced by negative EBIT and EBITDA margins. The balance sheet remains strong with low leverage, providing a stable financial foundation.

Income Statement

UiPath has shown a positive trend in revenue growth, with a TTM growth rate of 3.77%. The gross profit margin remains strong at 82.86%, indicating efficient cost management. However, the net profit margin is relatively low at 1.35%, and the EBIT and EBITDA margins are negative, suggesting challenges in operational profitability.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.044, indicating low leverage. The return on equity is modest at 1.16%, reflecting limited profitability on shareholders' equity. The equity ratio is strong, suggesting financial stability.

Cash Flow

UiPath exhibits robust cash flow management with a significant free cash flow growth rate of 61.7% in the TTM. The operating cash flow to net income ratio is 0.45, and the free cash flow to net income ratio is high at 0.93, indicating strong cash generation relative to net income.

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	-348.28M	-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	448.20M
Stockholders Equity	1.85B	2.02B	1.92B	1.92B	418.26M
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: Positive
• Last Price: 16.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PATH, the sentiment is Positive. The current price of 16.12 is above the 20-day moving average (MA) of 16.02, above the 50-day MA of 15.55, and above the 200-day MA of 12.84, indicating a bullish trend. The MACD of 0.48 indicates Positive momentum. The RSI at 51.35 is Neutral, neither overbought nor oversold. The STOCH value of 4.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PATH.

UiPath Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDB	75 Outperform	$35.05B	-488.25	-3.23%	―	20.93%	68.47%
ACIW	73 Outperform	$4.96B	19.47	18.58%	―	7.01%	17.48%
CFLT	72 Outperform	$10.58B	-33.26	-29.62%	―	21.58%	18.88%
PATH	72 Outperform	$8.62B	38.02	12.56%	―	10.05%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
S	61 Neutral	$5.01B	-11.75	-25.79%	―	24.09%	-34.25%
VRNS	48 Neutral	$3.94B	-32.98	-22.17%	―	11.37%	-34.44%

UiPath Corporate Events

UiPath Inc: Strong Earnings Amid Macroeconomic Challenges

UiPath Inc’s recent earnings call conveyed a generally positive sentiment, underscored by strong financial performance and successful product launches. The company was recognized within the industry, although it faces challenges in the macroeconomic environment and ARR growth from existing customers.

UiPath Inc. Reports Strong Q2 Fiscal 2026 Results

UiPath Inc., a leader in agentic automation, empowers enterprises to optimize complex business processes through AI-driven solutions, operating primarily in the technology sector.

UiPath CEO Plans Significant Share Sale

On September 4, 2025, UiPath announced that IceVulcan Investments Ltd., controlled by CEO Daniel Dines, adopted a trading plan to sell up to 5 million shares of Class A common stock by April 2026. This move, part of Dines’s long-term investment strategy, involves converting Class B shares to Class A, representing less than 5% of his holdings. UiPath also reported strong financial results for Q2 fiscal 2026, with a 14% increase in revenue year-over-year to $362 million and an 11% growth in ARR to $1.723 billion. The company highlighted its strategic collaborations and leadership in agentic automation, positioning itself for continued growth and transformation in the industry.

The most recent analyst rating on (PATH) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on UiPath stock, see the PATH Stock Forecast page.