In the latest trading session, 0.94 million UiPath Inc (NYSE:PATH) shares changed hands as the company’s beta touched 0.88. With the company’s most recent per share price at $12.72 changed hands at -$0.33 or -2.53% at last look, the market valuation stands at $7.00B. PATH’s current price is a discount, trading about -119.1% off its 52-week high of $27.87. The share price had its 52-week low at $10.37, which suggests the last value was 18.47% up since then. When we look at UiPath Inc’s average trading volume, we note the 10-day average is 5.35 million shares, with the 3-month average coming to 9.28 million.

Analysts gave the UiPath Inc (PATH) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.62. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended PATH as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. UiPath Inc’s EPS for the current quarter is expected to be 0.07.

UiPath Inc (NYSE:PATH) trade information

Instantly PATH was in red as seen in intraday trades today. With action -1.17%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -48.79%, with the 5-day performance at -1.17% in the red. However, in the 30-day time frame, UiPath Inc (NYSE:PATH) is -1.47% down. Looking at the short shares, we see there were 23.76 million shares sold at short interest cover period of 1.84 days.

The consensus price target for the stock as assigned by Wall Street analysts is 24.5, meaning bulls need an upside of 48.08% from its recent market value. According to analyst projections, PATH’s forecast low is 12 with 64 as the target high. To hit the forecast high, the stock’s price needs a -403.14% plunge from its current level, while the stock would need to tank 5.66% for it to hit the projected low.

UiPath Inc (PATH) estimates and forecasts

Data shows that the UiPath Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -34.94% over the past 6 months, a -24.07% in annual growth rate that is considerably lower than the industry average of 18.90%. Year-over-year growth is forecast to reach 8.80% up from the last financial year.

Consensus estimates given by 18 financial analysts project the company’s revenue in the current quarter to hit an average of 347.68M. 18 analysts are of the opinion that UiPath Inc’s revenue for the current quarter will be 423.78M. The estimates for the next quarter sales put growth at 4.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 20.57%. The 2024 estimates are for UiPath Inc earnings to decrease by -24.22%, but the outlook for the next 5-year period is at 32.50% per year.

PATH Dividends

UiPath Inc is expected to release its next quarterly earnings report on 2024-Nov-28.

UiPath Inc (NYSE:PATH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 7.00% of UiPath Inc shares while 71.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 76.67%. There are 71.31% institutions holding the UiPath Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.5251% of the shares, roughly 42.89 million PATH shares worth $543.82 million.

ARK INVESTMENT MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 5.2195% or 29.75 million shares worth $377.2 million as of 2024-06-30.