New York, May 26, 2026, 14:02 (EDT)
- UiPath shares climbed roughly 2.7% in midday trading Tuesday as U.S. markets reopened following the Memorial Day holiday.
- The company will report its fiscal first-quarter results after the bell on May 28.
- Investors are looking at higher profits, but growth is slowing and competition in enterprise automation is getting tougher.
UiPath shares climbed Tuesday, with traders buying ahead of this week’s earnings. Investors are watching to see if the automation software firm’s work in AI is delivering steadier growth.
The New York-listed stock was last quoted at $11.22, up 29 cents, or roughly 2.7%. Volume was close to 31.9 million shares. Shares moved between $10.74 and $11.40. The QQQ ETF, which tracks big tech names, added about 1.5%.
U.S. markets were shut Monday for Memorial Day, so Wall Street started the week on Tuesday. Investors now have just a few days for fresh software earnings and economic data. Next year, the New York Stock Exchange has May 25 as its 2026 Memorial Day holiday.
UiPath plans to release its fiscal 2027 first-quarter results after markets close Thursday, May 28, with a call set for 5 p.m. ET.
UiPath’s last guidance was straightforward. For its April quarter, the company projected revenue of $395 million to $400 million and put annualized renewal run-rate, or ARR, in the $1.894 billion to $1.899 billion range. ARR counts subscriptions and support, annualized from existing contracts, so it’s not the same as a pure revenue forecast.
UiPath’s annualized recurring revenue reached $1.853 billion at the close of fiscal 2026, up 11% year over year. Quarterly revenue was $481 million, a 14% gain. The company reported GAAP operating income of $80 million for the quarter and $57 million for the year.
UiPath CEO Daniel Dines in March said enterprise AI is no longer just in pilot mode but rolling out more broadly, and that customers want “reliability, governance, and scale.” COO and CFO Ashim Gupta said the company posted “full-year GAAP profitability for the first time” and is building more operating leverage. UiPath, Inc.
UiPath is going with a strategy it calls “agentic automation.” The push is to mix AI agents with robotic workflows so software can manage business processes through a company. Robots focus on set tasks, and AI agents work through more complicated jobs. People still make the higher-risk calls. UiPath, Inc.
UiPath’s shares are also caught up in one key question: can the company turn AI into real revenue before bigger players grab its business? Microsoft and ServiceNow go after similar enterprise budgets. Right after UiPath’s March numbers, Barron’s wrote that Oppenheimer left its Perform rating unchanged, blaming slower growth and pressure from Microsoft and ServiceNow. UBS dropped its target on the stock to $13 and kept its Neutral stance.
Analysts questioned management about this on the latest earnings call. Michael Turrin from Wells Fargo brought up competition as other vendors move into agentic AI. Sanjit Singh at Morgan Stanley asked about ARR from AI products. According to StockStory, Dines told analysts that UiPath saw its biggest sequential jump in customers generating more than $1 million in ARR in the past two years.
The rally isn’t leaving much margin for a weak result. Any miss on ARR, slower expansion among current customers, or careful words on big enterprise deals could drag the shares sharply, with UiPath’s own annual filing pointing to tough competition from established players and fresh rivals as a risk. That same filing also warns that the company’s dual-class setup and tight voting control could dampen demand for Class A shares.
Buybacks are giving UiPath some support, but they aren’t fixing everything. UiPath finished its earlier $1 billion buyback, then in March put out word of a fresh $500 million program. The company said it will decide how much stock to buy based on market conditions and other ways it might use its cash.
Tuesday trading looks like investors taking positions ahead of earnings, not making a call. The main test hits Thursday night, when the market gets fresh numbers on fiscal 2027 demand, AI momentum, and if UiPath’s margins keep moving higher as growth remains a question.
