Weekly Investment Analysts’ Ratings Changes for UiPath (PATH)

UiPath (NYSE: PATH) recently received a number of ratings updates from brokerages and research firms:

• 12/12/2024 – UiPath is now covered by analysts at UBS Group AG. They set a “sell” rating and a $14.00 price target on the stock.
• 12/6/2024 – UiPath had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $16.00 price target on the stock.
• 12/6/2024 – UiPath had its price target raised by analysts at JPMorgan Chase & Co. from $17.00 to $18.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – UiPath had its price target raised by analysts at BMO Capital Markets from $15.00 to $16.00. They now have a “market perform” rating on the stock.
• 12/6/2024 – UiPath had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 12/6/2024 – UiPath had its price target raised by analysts at Barclays PLC from $15.00 to $16.00. They now have an “equal weight” rating on the stock.
• 12/6/2024 – UiPath had its price target raised by analysts at Morgan Stanley from $15.00 to $16.00. They now have an “equal weight” rating on the stock.
• 10/23/2024 – UiPath had its price target lowered by analysts at JPMorgan Chase & Co. from $19.00 to $17.00. They now have an “overweight” rating on the stock.
• 10/23/2024 – UiPath had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 10/23/2024 – UiPath had its price target lowered by analysts at Wells Fargo & Company from $15.00 to $13.00. They now have an “equal weight” rating on the stock.

UiPath Stock Performance

Shares of PATH opened at $14.24 on Friday. UiPath Inc. has a 1 year low of $10.37 and a 1 year high of $27.87. The stock has a market capitalization of $7.83 billion, a PE ratio of -89.00 and a beta of 0.94. The stock has a 50-day simple moving average of $13.29 and a 200-day simple moving average of $12.70.

Institutional Investors Weigh In On UiPath

A number of large investors have recently modified their holdings of the company. Future Financial Wealth Managment LLC purchased a new position in UiPath in the third quarter valued at approximately $26,000. JTC Employer Solutions Trustee Ltd purchased a new position in shares of UiPath during the third quarter worth about $26,000. Hantz Financial Services Inc. acquired a new stake in shares of UiPath in the 2nd quarter valued at about $28,000. Quarry LP grew its stake in UiPath by 654.4% during the 3rd quarter. Quarry LP now owns 3,146 shares of the company’s stock worth $40,000 after buying an additional 2,729 shares during the last quarter. Finally, Redwood Wealth Management Group LLC acquired a new position in UiPath during the second quarter worth approximately $43,000. 62.50% of the stock is owned by hedge funds and other institutional investors.

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, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.