UiPath (PATH) AI Stock Analysis

• Market Cap: $8.42B
• Dividend Yield: N/A
• Average Volume (3M): 31.54M
• Price to Earnings (P/E): 444.3
• Beta (1Y): 1.43
• Revenue Growth: 8.25%
• EPS Growth: N/A
• Country: US
• Employees: 3,868
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.15
• Shares Outstanding: 453,568,900
• 10 Day Avg. Volume: 22,486,454
• 30 Day Avg. Volume: 31,535,019
• 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: 0.59
• Enterprise Value/Revenue: 3.35
• Enterprise Value/Gross Profit: 4.04
• Enterprise Value/Ebitda: -167.00
• 1Y Price Target: $13.50
• Price Target Upside: -14.88% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 17

• Rating: 74 Outperform
• Price Target: $19.50 ▲(22.95% Upside)

UiPath's overall stock score is driven by strong earnings performance and positive technical indicators. However, the high P/E ratio suggests overvaluation, and cash flow challenges persist. The company's strategic focus on AI and cloud solutions positions it well for future growth, but attention to existing customer retention and macroeconomic challenges is crucial.

Positive Factors

Cloud ARR Growth

Significant growth in cloud ARR indicates strong demand for UiPath's cloud-based solutions, enhancing recurring revenue and market position.

AI Integration and Product Launch

The successful launch of AgenTeq and AI integration boosts UiPath's competitive edge, driving larger deal sizes and customer engagement.

Financial Stability

A strong balance sheet with low leverage ensures financial stability and flexibility, supporting long-term strategic initiatives.

Negative Factors

Cash Flow Challenges

Declining free cash flow growth could strain UiPath's ability to invest in growth initiatives and manage operational costs effectively.

Macroeconomic Environment

Variable macroeconomic conditions could impact customer spending, posing risks to UiPath's revenue growth and market expansion.

ARR Growth from Existing Customers

Slowing ARR growth from existing customers indicates potential challenges in customer retention and upselling, affecting long-term revenue.

UiPath Business Overview & Revenue Model

Company Description

UiPath Inc. provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, and Japan. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform combines artificial intelligence with desktop recording, back-end mining of both human activity and system logs, and intuitive visualization tools, which enables users to discover, analyze, and identify processes to automate in a centralized portal; offers low-code development environments that allows users in an organization to create attended and unattended automations without any prior knowledge of coding; deploys robots in highly immersive attended experiences or in standalone, unattended modes behind the scenes, and can leverage native connectors built for commonly used line-of-business applications; offers centralized tools designed to manage, test, and deploy automations and ML models across the enterprise; allows customers to manage long running processes that orchestrate work between robots and humans; and enable users to track, measure, and forecast the performance of automation in their enterprise and help businesses ensure compliance with business standards. In addition, the company provides maintenance and support for its software, as well as professional services, such as training and implementation services to facilitate the adoption of its platform. It serves banking, healthcare, financial services, and government entities. UiPath Inc. was founded in 2005 and is headquartered in New York, New York.

How the Company Makes Money

UiPath generates revenue primarily through a subscription-based model, offering licenses for its software products, including RPA tools and cloud services. The company has different pricing tiers based on the features and number of robots required by a customer. Key revenue streams include software licenses, professional services for implementation and support, and cloud-based offerings. Additionally, UiPath has established significant partnerships with major technology providers, which helps expand its market reach and drive sales. The increasing demand for automation solutions in various industries also contributes positively to its earnings.

UiPath Financial Statement Overview

Summary

UiPath demonstrates a promising shift towards profitability with improving revenue and net profit margins. The balance sheet is robust with low leverage, but cash flow challenges persist, particularly in free cash flow growth. Overall, the company is on a positive trajectory but needs to address operational inefficiencies and cash flow management.

Income Statement

UiPath's income statement shows a positive trajectory with a TTM revenue growth rate of 3.13% and a net profit margin of 1.35%, indicating a shift towards profitability. However, the EBIT and EBITDA margins remain negative, suggesting ongoing operational challenges. The gross profit margin is strong at 82.86%, reflecting efficient cost management.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.044, indicating low leverage and financial stability. The return on equity is modest at 1.16%, showing room for improvement in generating returns for shareholders. The equity ratio is healthy, suggesting a strong capital structure.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, down by 107.7% TTM, which is a concern. However, the operating cash flow to net income ratio of 0.45 indicates adequate cash generation relative to net income. The free cash flow to net income ratio is strong at 0.93, highlighting efficient cash utilization.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.50B	1.43B	1.31B	1.06B	892.25M	607.64M
Gross Profit	1.24B	1.18B	1.11B	878.53M	723.38M	541.79M
EBITDA	-30.00M	-145.34M	-141.70M	-348.28M	-486.24M	-90.72M
Net Income	20.17M	-73.69M	-89.88M	-328.35M	-525.59M	-92.39M
Balance Sheet
Total Assets	2.59B	2.87B	2.95B	2.74B	2.57B	866.46M
Cash, Cash Equivalents and Short-Term Investments	1.45B	1.63B	1.88B	1.76B	1.87B	460.52M
Total Debt	72.62M	77.82M	67.07M	63.44M	51.40M	20.08M
Total Liabilities	926.61M	1.02B	938.64M	815.05M	650.53M	448.20M
Stockholders Equity	1.67B	1.85B	2.02B	1.92B	1.92B	418.26M
Cash Flow
Free Cash Flow	309.64M	305.64M	291.74M	-33.80M	-68.02M	25.98M
Operating Cash Flow	334.74M	320.56M	299.08M	-9.98M	-54.96M	29.18M
Investing Cash Flow	-120.19M	-45.50M	-439.57M	-289.14M	-35.44M	-125.99M
Financing Cash Flow	-536.43M	-450.51M	-196.90M	-60.67M	1.47B	250.42M

UiPath Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 15.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Neutral. The current price of 15.86 is below the 20-day moving average (MA) of 16.14, above the 50-day MA of 13.56, and above the 200-day MA of 12.57, indicating a neutral trend. The MACD of 0.71 indicates Positive momentum. The RSI at 54.14 is Neutral, neither overbought nor oversold. The STOCH value of 45.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PATH.

UiPath Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MDB	―	$29.27B	-363.67	-3.65%	―	21.90%	67.81%
PATH	―	$8.42B	444.26	1.15%	―	8.25%	―
ACIW	―	$4.92B	20.16	19.09%	―	11.22%	40.85%
CFLT	―	$8.18B	―	-29.62%	―	21.58%	18.88%
S	―	$5.95B	―	-27.34%	―	25.39%	-42.90%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
VRNS	―	$4.15B	―	-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.