Needham reiterated coverage on UiPath with a new price target
$PATH
Computer Software: Prepackaged Software
Technology
Needham reiterated coverage of UiPath with a rating of Buy and set a new price target of $30.00 from $25.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $29.00 → $12.00 | Outperform → Neutral | Macquarie |
| 5/30/2024 | Buy → Hold | Needham | |
| 5/30/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/30/2024 | $28.00 → $17.00 | Buy → Hold | TD Cowen |
| 5/30/2024 | Outperform → Mkt Perform | William Blair | |
| 5/30/2024 | $32.00 → $14.00 | Buy → Hold | Truist |
| 5/30/2024 | $30.00 → $16.00 | Buy → Neutral | BofA Securities |
| 4/8/2024 | $27.00 | Overweight | KeyBanc Capital Markets |
10-Q - UiPath, Inc. (0001734722) (Filer)
8-K - UiPath, Inc. (0001734722) (Filer)
8-K - UiPath, Inc. (0001734722) (Filer)
UiPath, Inc. (NYSE:PATH), a leading enterprise automation and AI software company, today announced it will report financial results for its third quarter fiscal 2025 ended October 31, 2024 after the market closes on Thursday, December 5, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 5:00 pm ET. UiPath Third Quarter Fiscal 2025 Financial Results Conference Call When: Thursday, December 5, 2024 Time: 5:00 pm ET Conference ID: 13750006 Live Call: 1-877-407-8309 (US/Canada Toll-Free) or 1-201-689-8057 (Toll) Replay: A webcast replay of the conference call will be available on the investor relations website for one year. Webcast: https:/
Revenue of $316 million increases 10 percent year-over-year ARR of $1.551 billion increases 19 percent year-over-year Cash flow from operations increases to $46 million and non-GAAP adjusted free cash flow increases to $49 million Announces $500 million expansion of stock repurchase program UiPath, Inc. (NYSE:PATH), a leading enterprise automation and AI software company, today announced financial results for its second quarter fiscal 2025 ended July 31, 2024. "We are pleased with our second quarter results, with ARR growing 19 percent year-over-year, a testament to the team's improved execution and the compelling value that our AI-powered automation platform delivers to our custo
UiPath, Inc. (NYSE:PATH), a leading enterprise automation and AI software company, today announced it will report financial results for its second quarter fiscal 2025 ended July 31, 2024 after the market closes on Thursday, September 5, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 5:00 pm ET. UiPath Second Quarter Fiscal 2025 Financial Results Conference Call When: Thursday, September 5, 2024 Time: 5:00 pm ET Conference ID: 13748202 Live Call: 1-877-407-8309 (US/Canada Toll-Free) or 1-201-689-8057 (Toll) Replay: A webcast replay of the conference call will be available on the investor relations website for one year. Webcast: https:
SC 13G/A - UiPath, Inc. (0001734722) (Subject)
SC 13G/A - UiPath, Inc. (0001734722) (Subject)
SC 13G/A - UiPath, Inc. (0001734722) (Subject)
UiPath's (NYSE:PATH) short percent of float has risen 16.93% since its last report. The company recently reported that it has 40.11 million shares sold short, which is 8.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.37 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is im
Salesforce, Inc. (NYSE:CRM) reportedly cut around 300 roles to streamline operations, highlighting the tech industry’s ongoing focus on cost control. The company made the job cuts this month, reported Bloomberg, citing a source familiar with the matter. In a statement, Salesforce confirmed the job reductions but did not provide specifics, per the report. “”Like any healthy business, we continuously assess whether we have the right structure in place to best serve our customers and fuel growth areas,” the report cited a spokesperson. “In some cases that leads to roles being eliminated.” In January 2024, Salesforce laid off close to 700 employees, about 1% of its 70,000-strong workfor
In a recent letter to investors, Cathie Wood, the CEO of ARK Invest, highlighted the potential of the company’s flagship fund, ARK Innovation ETF (NYSE:ARKK), despite its recent underperformance. What Happened: Wood, in her letter, acknowledged that ARKK’s performance has been impacted by the shift in focus from the “Magnificent Six” to multiomics stocks, which have been adversely affected by the prospect of prolonged high interest rates. Despite this, ARKK’s valuation has dropped to a level that Wood believes is indicative of “deep value territory” over a five-year investment horizon. Wood pointed out that ARKK’s valuation, as of June, was 25.5x, the lowest it has been since Febru
4 - UiPath, Inc. (0001734722) (Issuer)
4 - UiPath, Inc. (0001734722) (Issuer)
4 - UiPath, Inc. (0001734722) (Issuer)
UiPath, Inc. (NYSE:PATH), a leading enterprise automation and AI software company, today announced it will report financial results for its third quarter fiscal 2025 ended October 31, 2024 after the market closes on Thursday, December 5, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 5:00 pm ET. UiPath Third Quarter Fiscal 2025 Financial Results Conference Call When: Thursday, December 5, 2024 Time: 5:00 pm ET Conference ID: 13750006 Live Call: 1-877-407-8309 (US/Canada Toll-Free) or 1-201-689-8057 (Toll) Replay: A webcast replay of the conference call will be available on the investor relations website for one year. Webcast: https:/
Payments and data company recognized as one of the 25 most innovative UiPath customers using AI and automation Deluxe, a trusted Payments and Data company, today announced it has been named an UiPath AI25 Award Winner. The annual award program identifies the 25 most innovative UiPath customers using a combination of AI and automation as a strategic change enabler to accelerate bigger and bolder outcomes. Deluxe was recognized for its leadership at UiPath FORWARD, UiPath's annual gathering of global AI and automation experts. The UiPath AI25 Awards acknowledge customers using AI and automation to supercharge productivity; transform customer and employee experiences; deliver substantial ret
Omega Healthcare Named UiPath AI25 Award Winner at UiPath FORWARD UiPath (NYSE:PATH), a leading enterprise automation and AI software company, today announced that it is transforming operations for Omega Healthcare, a global leader in revenue cycle management, healthcare and clinical enablement services, through AI-powered automation. Omega Healthcare was named an UiPath AI25 Award Winner at UiPath FORWARD, UiPath's annual gathering of global AI and automation experts. The annual award program identifies the 25 most innovative UiPath customers using a combination of AI and automation as a strategic change enabler to accelerate bigger and bolder outcomes. "We are honoured to be an AI25 Aw
Somasegar brings over three decades of experience building successful B2B and developer-led businesses to UiPath board UiPath (NYSE:PATH), a leading enterprise automation and AI software company, today announced the appointment of S. "Soma" Somasegar, Managing Director at Madrona Ventures, to its Board of Directors effective Sept. 5, 2024. As a seasoned technology executive, business leader, and investor, Soma brings decades of experience in growth management and fostering emerging technologies. For the past decade, Soma has invested in technology companies that are reinventing the enterprise data stack and changing core workflows for enterprise companies and employees. His investment
Veteran technology executive joins UiPath to drive customer experience and support and enable AI-powered digital transformation in the enterprise UiPath (NYSE:PATH), a leading enterprise automation software company, today announced Pradeep Kumar is joining the company as Senior Vice President of Services and Customer Success. Reporting to Chief Customer Officer Kelly Ducourty, Kumar will lead the company's strategic initiatives to enable customer success through unparalleled support and execution of digital transformation goals with the UiPath Business Automation Platform. Most recently, Kumar worked as Senior Vice President and General Manager, HPE Services at Hewlett-Packard Enterpris
UiPath (NYSE:PATH), a leading enterprise automation software company, today announced the appointment of Rob Enslin, UiPath Co-Chief Executive Officer, and June Yang to its Board of Directors effective February 1, 2024. Enslin joined UiPath as Co-CEO in April 2022 following leadership roles at Google Cloud and SAP; he will assume the role of UiPath CEO on Feb. 1, 2024. Yang is a proven strategic and transformational executive who brings decades of experience in corporate management and fostering emerging technologies. Yang has served in executive roles at multiple Fortune 500 companies. Most recently, she was Vice President, Cloud AI and Industry Solutions at Google Cloud. Previously, she
Macquarie downgraded UiPath from Outperform to Neutral and set a new price target of $12.00 from $29.00 previously
Needham downgraded UiPath from Buy to Hold
KeyBanc Capital Markets downgraded UiPath from Overweight to Sector Weight