UiPath (PATH) AI Stock Analysis

• Market Cap: $6.88B
• Dividend Yield: N/A
• Average Volume (3M): 11.90M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: 7.21%
• EPS Growth: 23.13%
• Country: US
• Employees: 3,868
• Sector: Technology
• Sector Strength: 87
• Industry: Software - Infrastructure
• EPS (TTM): 0.11
• Shares Outstanding: 457,586,100
• 10 Day Avg. Volume: 8,408,740
• 30 Day Avg. Volume: 11,901,249
• PEG Ratio: -12.86
• Price to Book (P/B): 3.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.82
• Enterprise Value/Market Cap: 0.86
• Enterprise Value/Revenue: 1.04
• Enterprise Value/Gross Profit: 6.52
• Enterprise Value/Ebitda: -9.86
• 1Y Price Target: $14.32
• Price Target Upside: 11.44% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 18

• Rating: 68 Neutral
• Price Target: $14.00 ▲(8.95%Upside)

UiPath's overall stock score is driven by strong financial performance and positive earnings call sentiment. Despite challenges with profitability and valuation concerns, the company's robust growth, strategic advancements, and strong cash flow position it for potential future success.

Positive Factors

Financial Performance

UiPath reported solid upside to revenue and operating income against low Street expectations, led by strong license revenue in the period.

Partnerships

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

Product Launch

UiPath's launch of its Agentic Automation Platform is considered one of the most important and successful product launches in the firm's history.

Negative Factors

AI Market Challenges

AI budgets could cannibalize the RPA end market to some extent or stall new projects.

Macroeconomic Concerns

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

Market Sentiment

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

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 has demonstrated strong revenue growth and effective cost management, with a substantial increase in revenue and strong gross profit margins. However, persistent net losses and negative profitability ratios remain concerns. The balance sheet shows low leverage and ample liquidity, and cash flow generation is robust despite net losses.

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	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.45B	1.43B	1.31B	1.06B	892.25M	607.64M
Gross Profit	902.93M	1.18B	1.11B	878.53M	723.38M	541.79M
EBITDA	-113.93M	-145.34M	-141.70M	-329.56M	-486.24M	-90.72M
Net Income	-67.51M	-73.69M	-89.88M	-328.35M	-525.59M	-92.39M
Balance Sheet
Total Assets	2.64B	2.87B	2.95B	2.74B	2.57B	866.46M
Cash, Cash Equivalents and Short-Term Investments	1.56B	1.63B	1.88B	1.76B	1.87B	460.52M
Total Debt	73.43M	77.82M	67.07M	63.44M	51.40M	20.08M
Total Liabilities	945.98M	1.02B	938.64M	815.05M	650.53M	1.67B
Stockholders Equity	1.70B	1.85B	2.02B	1.92B	1.92B	-803.70M
Cash Flow
Free Cash Flow	313.01M	305.64M	291.74M	-33.80M	-68.02M	25.98M
Operating Cash Flow	339.53M	320.56M	299.08M	-9.98M	-54.96M	29.18M
Investing Cash Flow	-161.19M	-45.50M	-439.57M	-289.14M	-35.44M	-125.99M
Financing Cash Flow	-639.98M	-450.51M	-196.90M	-60.67M	1.47B	250.42M

UiPath Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 12.85 is above the 20-day moving average (MA) of 12.72, above the 50-day MA of 12.52, and above the 200-day MA of 12.70, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 62.51 is Neutral, neither overbought nor oversold. The STOCH value of 85.21 is Negative, 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
INFA	78 Outperform	$8.48B	5,193.62	0.09%	―	2.28%	―
PATH	68 Neutral	$6.88B	―	-3.62%	―	7.21%	23.13%
ACIW	67 Neutral	$4.77B	17.93	19.69%	―	13.11%	91.21%
CCCS	67 Neutral	$6.33B	676.76	0.46%	―	9.05%	―
S	64 Neutral	$6.03B	―	-26.98%	―	32.25%	20.56%
CFLT	64 Neutral	$8.95B	―	-34.18%	―	24.11%	21.87%
Sector *	63 Neutral	£566.00M	24.41	-6.00%	2.49%	3.52%	-29.29%

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.