UiPath price target lowered to $11.50 from $16 at BMO Capital

BMO Capital lowered the firm’s price target on UiPath (PATH) to $11.50 from $16 and keeps a Market Perform rating on the shares. The company had a lackluster quarter, missing reported ARR an revenue estimates, and provided “disappointing” FY26 guidance that is back-end weighted, the analyst tells investors in a research note. The firm, whose FY26 ARR and revenue estimates are both moving lower, said it has concerns about UiPath’s durable growth rate given growth of various agentic solutions, competitive landscape, and a challenging macro environment including the risk in the public sector, which is the company’s third largest vertical.