NEW YORK, August 21, 2026, 14:02 EDT
- UiPath gained 2.1%, reaching $16.25 in trading on Friday afternoon.
- The market value of $8.42 billion is 4.4 times the most recent ARR.
- Fiscal Q2 results are scheduled for release after the close on September 3.
Shares of UiPath Inc. NYSE:PATH rose 2.1% to close at $16.25 on Friday. The automation software company’s market capitalization reached $8.42 billion, reflecting a multiple of 4.43 times its most recent annualized renewal run-rate. That lofty valuation puts added focus on next month’s growth numbers.
Shares were last seen at $16.25 at 13:47:18 EDT, with volume standing at 28.43 million shares, according to Google Finance. The stock has stayed under its 52-week peak yet is trading above all listed analyst price targets tracked by Google.
| Market measure | Latest reading | Investor context |
|---|---|---|
| Share price | $16.25 | 2.10% higher as of August 21 |
| Market value | $8.42 billion | Equals 4.43 times ARR on April 30 |
| Trading volume | 28.43 million | Reported at 13:47:18 EDT |
| 52-week range | $9.20-$19.84 | 18.1% under the peak |
| Price/earnings ratio | 26.83 | Figure reflects $0.61 EPS |
The company’s valuation relies on ongoing growth. In the first quarter, revenue rose 17% to $418 million. Annualized recurring revenue went up 12% to $1.901 billion, and dollar-based net retention came in at 109%. UiPath disclosed cash and marketable securities totaling $1.42 billion.
The upcoming quarter poses a new challenge. Analysts expect revenue of $397.85 million, suggesting growth of approximately 10.0% compared to the same period last year. However, that figure marks a 4.9% decrease from the previous quarter. The projection falls roughly in the middle of management’s guidance, which ranges from $395 million to $400 million.
| Operating test | Q1 FY2027 actual | Q2 FY2027 guide or estimate | Change |
|---|---|---|---|
| Revenue | $418.38 million | $397.85 million consensus | Down 4.9% from prior quarter |
| Revenue versus prior year | $361.73 million in Q2 FY2026 | $397.85 million consensus | Up 10.0% year over year |
| ARR | $1.901 billion | $1.929-$1.934 billion company guide | Rises 1.5% to 1.7% sequentially |
| Non-GAAP operating income | $92 million | About $75 million company guide | Falls 18.5% from previous quarter |
| EPS | $0.15 | $0.15 consensus | No change |
That combination positions ARR as the more reliable indicator. Hitting the midpoint would boost the figure by about $30.5 million compared with April. Outperformance may indicate that recently launched agentic products are translating into committed contracts, despite recognized revenue reflecting billing schedules.
UiPath launched a new product this week. Maestro Flow enables developers to create and manage processes involving coding agents such as Claude Code, Cursor, GitHub Copilot, and Codex. The product operates on the company’s Maestro orchestration engine and was released on August 19.
UiPath chief product and technology officer Raghu Malpani summed up the challenge: “Enterprises don’t have an agent problem; they have an orchestration problem.” The upcoming earnings call marks the initial opportunity to evaluate that assertion against bookings and retention metrics.
| Analyst recommendation | Count | Share of 15 analysts |
|---|---|---|
| Buy | 2 | 13.3% |
| Hold | 12 | 80.0% |
| Sell | 1 | 6.7% |
| Consensus | Hold | Average price target: $13.55 |
The spread among analysts is significant. The average price target of $13.55 suggests a potential decline of 16.6% from Friday’s close. The highest target, at $15, is still 7.7% beneath the current level. RBC Capital’s Matthew Hedberg reaffirmed a Hold rating and set a $15 target on August 13, the latest action on record.
| Upcoming checkpoint | Date | What investors can measure |
|---|---|---|
| Maestro Flow rollout | August 19 | Adoption among developers and customer demand |
| Q2 FY2027 earnings | September 3, 17:00 EDT | Turnover, ARR, and operating profit |
| Full-year outlook | Fiscal year ending January 31, 2027 | Revenue between $1.776-$1.781 billion and ARR ranging from $2.058-$2.063 billion |
Chief Executive Daniel Dines stated in May that agentic products were “moving from pilot to production.” The present valuation depends on this transition supporting double-digit yearly growth. This gives limited flexibility for postponed deployments or slower growth with current customers.
Risks: New product introductions may not generate immediate revenue. Major enterprise agreements can move across quarters, and rivalry from platform providers and emerging AI solutions stays strong. The forecast also relies on non-GAAP metrics, and ARR does not represent a revenue projection.
UiPath is scheduled to release fiscal second-quarter results on September 3 at 17:00 EDT. UiPath conference-call notice While a revenue beat will be closely watched, the main focus is on whether ARR growth supports the current 4.4-times multiple, as analyst forecasts continue to lag behind the market.
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