UiPath (PATH) AI Stock Analysis

Company Guidance

For the third fiscal quarter 2027, UiPath expects revenue in the range of $440 million to $445 million, including no incremental FX impact since the time of our last guide and a $10 million year-over-year FX headwind; ARR in the range of $1.992 billion to $1.997 billion, including a $1 million incremental FX headwind since the time of our last guide and a $4 million year-over-year FX headwind; non-GAAP operating income of approximately $100 million; and third quarter basic share count of approximately 523 million shares. For the fiscal full year 2027, it expects revenue in the range of $1.789 billion to $1.794 billion, including a $1 million incremental FX headwind since the time of our last guide and $20 million year-over-year FX headwind inclusive of $2 million headwind that was realized in the first half of the year and an expected headwind of $18 million in the second half of the year; ARR in the range of $2.065 billion to $2.070 billion, including a $1 million incremental FX headwind since the time of our last guide and a $5 million year-over-year FX tailwind inclusive of $10 million tailwind realized in the first half, partially offset by expected headwinds in the second half of the year; non-GAAP operating income of approximately $445 million; fiscal full year 2027 non-GAAP adjusted free cash flow of approximately $425 million; and non-GAAP gross margin of approximately 84%.