NEW YORK, August 20, 2026, 15:05 EDT — U.S. cash markets remain open.
- At 14:59 EDT, UiPath shares were up 0.8% at $15.90.
- The stock is trading 18.3% higher than the average target set by Wall Street analysts.
- September 3 figures set to gauge expected deceleration in revenue growth for the quarter.
Shares of UiPath, Inc. NYSE:PATH rose on Thursday as traders reacted to the introduction of a new orchestration tool for coding agents. At 14:59 EDT, the stock stood at $15.90, a gain of 0.8%. Trading volume totaled 53.9 million shares, making UiPath one of the day’s most heavily traded U.S. stocks.
UiPath shares edged up shortly after the release of UiPath Maestro Flow on Wednesday. The product enables developers to create, manage, and supervise business processes via coding platforms. Claude Code, Cursor, GitHub Copilot, and Codex are among the compatible agents.
“Enterprises face an orchestration problem rather than an agent problem,” said Chief Product and Technology Officer Raghu Malpani. The product is on the market now, though UiPath has not shared pricing details, bookings goals or a revenue projection for Maestro Flow.
| PATH trading snapshot | August 20, 14:59 EDT |
|---|---|
| Share price | $15.90 |
| Intraday move | up $0.12, or 0.76% |
| Session range | $15.40 to $15.99 |
| Volume | 53.9 million |
| Three-month average volume | 66.7 million |
| 52-week range | $9.20 to $19.84 |
The discrepancy in valuation offers the clearer indication. The consensus target from 20 analysts stands at $13.44, representing a level 15.5% under Thursday’s close. In other words, PATH is currently priced 18.3% over that average target. Based on its present $8.24 billion market capitalisation, meeting the consensus target would remove roughly $1.27 billion in value.
The premium increases focus on UiPath’s upcoming report. Second-quarter fiscal 2027 results will be released after markets close on September 3. UiPath has forecast revenue between $395 million and $400 million, and sees annual recurring revenue, or ARR, ranging from $1.929 billion to $1.934 billion.
The midpoint of revenue guidance points to a 9.8% year-over-year increase, compared to 17% in the previous quarter. ARR would be up around 12.1%. Non-GAAP operating income guidance suggests growth of 21%. These growth rates are based on calculations from company data, rather than official company projections.
| Operating test | Q1 FY2027 reported | Q2 FY2027 guidance midpoint | Q2 implied change |
|---|---|---|---|
| Revenue | $418 million; up 17% y/y | $397.5 million | up 9.8% y/y |
| ARR | $1.901 billion; up 12% y/y | $1.932 billion | up 12.1% y/y |
| Non-GAAP operating income | $92 million | $75 million | up 21.0% y/y |
| Adjusted free cash flow | $130 million | No guidance | Not available |
UiPath’s first-quarter performance helps steady the stock. Revenue climbed 17%, ARR grew 12%, and GAAP operating income totaled $28 million. Chief Financial Officer Ashim Gupta described it as the company’s first GAAP-profitable first quarter.
UiPath’s forward earnings multiple is 19.1, trailing those of major workflow software firms like ServiceNow, Inc. NYSE:NOW and Appian Corporation NASDAQ:APPN, but exceeding Pegasystems Inc. NASDAQ:PEGA. Its revenue multiple places it among smaller automation competitors. The following prices and market capitalisations were recorded between 14:57–14:59 EDT.
| Company | Price | Day | Forward P/E | Market cap / revenue | Analyst target gap |
|---|---|---|---|---|---|
| UiPath NYSE:PATH | $15.90 | up 0.8% | 19.13× | 4.93× | down 15.5% |
| ServiceNow NYSE:NOW | $129.84 | up 2.1% | 28.07× | 9.11× | up 9.5% |
| Appian NASDAQ:APPN | $37.34 | down 0.5% | 30.02× | 3.36× | down 8.9% |
| Pegasystems NASDAQ:PEGA | $33.62 | down 0.6% | 13.07× | 3.18× | up 27.9% |
Analysts show low conviction. The consensus includes two Strong Buy ratings, one Buy, 16 Holds, and one Sell. RBC Capital, a division of Royal Bank of Canada NYSE:RY, increased its target on August 14 while maintaining a Hold rating.
| Analyst / firm | Recommendation | Target | Action | Date |
|---|---|---|---|---|
| Matthew Hedberg — RBC Capital NYSE:RY | Hold | $15 | Increased from $12 | Aug. 14 |
| Koji Ikeda — Bank of America Securities NYSE:BAC | Sell | $13 | No change | July 22 |
| Radi Sultan — UBS NYSE:UBS | Hold | $12 | Cut from $13 | June 29 |
| Scott Berg — Needham | Buy | $15 | Unchanged | June 12 |
Risks: Maestro Flow could expand UiPath’s developer base but might not drive immediate sales. Lower revenue growth, declining net retention or coming in below the $395 million guidance lower limit might weigh on the stock’s valuation. ServiceNow and major cloud providers also continue to present competitive risks.
The September 3 report will indicate if expanded product offerings are resulting in new contracts. For the current premium over analysts’ targets to be justifiable, investors will want revenue to exceed guidance or to see an acceleration in ARR growth.
Related articles: NYSE:PATH
The stock has outrun the Street
Maestro Flow adds product proof. September earnings must add financial proof.
20 Aug 2026 · 14:59 EDT / 20:59 CEST
Price versus analyst range
The consensus target implies about $1.27bn less equity value.What Q2 guidance asks investors to underwrite
Midpoints versus the prior-year quarter: revenue $397.5m; ARR $1.932bn; operating income about $75m.Valuation check
| Company | Forward P/E | Sales | Target gap |
|---|---|---|---|
| UiPath PATH | 19.1× | 4.93× | −15.5% |
| Pegasystems PEGA | 13.1× | 3.18× | +27.9% |
| ServiceNow NOW | 28.1× | 9.11× | +9.5% |
| Appian APPN | 30.0× | 3.36× | −8.9% |
Street stance: mostly waiting
| Rating | Count | Share |
|---|---|---|
| Strong buy | 2 | 10% |
| Buy | 1 | 5% |
| Hold | 16 | 80% |
| Sell | 1 | 5% |
Fresh catalyst. UiPath released Maestro Flow on August 19. It orchestrates coding agents including Claude Code, Cursor, GitHub Copilot and Codex. The launch included no pricing, bookings target or revenue forecast.
Core risk. Product momentum may not become paid demand quickly. A weaker renewal rate, slower ARR growth or a cautious outlook could expose the gap between the share price and the Street target.
