UiPath Inc (NYSE: PATH) Surprises Investors, Looks Strong In The Future

In the latest trading session, 2.01 million UiPath Inc (NYSE:PATH) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $10.90 changing hands around $0.12 or 1.07% at last look, the market valuation stands at $5.99B. PATH’s current price is a discount, trading about -119.91% off its 52-week high of $23.97. The share price had its 52-week low at $9.50, which suggests the last value was 12.84% up since then. When we look at UiPath Inc’s average trading volume, we note the 10-day average is 19.32 million shares, with the 3-month average coming to 10.17 million.

Analysts gave the UiPath Inc (PATH) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.88. 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 0.1.

UiPath Inc (NYSE:PATH) trade information

Instantly PATH is in green as seen in intraday trades today. With action -7.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.28%, with the 5-day performance at -7.20% in the red. However, in the 30-day time frame, UiPath Inc (NYSE:PATH) is -27.03% down. Looking at the short shares, we see there were 33.56 million shares sold at short interest cover period of 3.83 days.

The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 16.15% from its recent market value. According to analyst projections, PATH’s forecast low is 13 with 13 as the target high. To hit the forecast high, the stock’s price needs a -19.27% plunge from its current level, while the stock would need to soar -19.27% for it to hit the projected low.

UiPath Inc (PATH) estimates and forecasts

Year-over-year growth is forecast to reach 7.35% 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 332.81M. 17 analysts are of the opinion that UiPath Inc’s revenue for the current quarter will be 333.66M. The company’s revenue for the corresponding quarters a year ago was 335.11M and 316.25M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.69%. The estimates for the next quarter sales put growth at 5.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.36%. The 2025 estimates are for UiPath Inc earnings to increase by 2.74%, but the outlook for the next 5-year period is at 4.46% per year.

UiPath Inc (NYSE:PATH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 7.02% of UiPath Inc shares while 67.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 73.06%. There are 67.93% 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 5.2368% or 29.75 million shares worth $377.2 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and ARK ETF Tr-ARK Innovation ETF. With 13.08 shares estimated at $142.53 million under it, the former controlled 2.80% of total outstanding shares. On the other hand, ARK ETF Tr-ARK Innovation ETF held about 2.50% of the shares, roughly 11.7 shares worth around $127.46 million.