Today: 24 June 2026
UiPath hangs around $10 as traders watch for AI push before annual meeting
24 June 2026
2 mins read

UiPath hangs around $10 as traders watch for AI push before annual meeting

NEW YORK, June 24, 2026, 09:05 (EDT)

  • UiPath slipped 0.3% before the bell. The stock ended Tuesday unchanged at $10.16.
  • The company will hold its annual meeting on June 25 at 11:00 a.m. EDT.
  • UiPath shares are off about 38% this year. The drop comes even as the company posted higher first-quarter revenue and bumped up its full-year outlook.

UiPath Inc was flat in premarket trading Wednesday, as the automation software stock hovered close to $10. Traders watched for signs on its AI strategy ahead of the company’s annual meeting Thursday.

The stock traded at $10.13 as of 9:04 a.m. EDT, down 0.3% in premarket action. Shares ended Tuesday unchanged at $10.16. Volume was 50.8 million, higher than the 65-day average of 33.8 million. The stock has fallen 38.0% in 2024 and 18.5% in the past 12 months.

UiPath plans to hold its annual meeting on June 25 at 11:00 a.m. EDT, the company’s investor-relations calendar shows.

UiPath’s next test for the stock is whether AI can push up annual recurring revenue. First-quarter fiscal 2027 revenue came in at $418 million, up 17%. ARR was $1.901 billion at April 30, up 12%. CEO Daniel Dines said agentic products are “moving from pilot to production” as customers use AI agents for more work. UiPath, Inc.

UiPath’s Chief Operating and Financial Officer Ashim Gupta said the company posted GAAP profitability in the first quarter for the first time. GAAP refers to standard U.S. accounting rules. UiPath now expects full-year fiscal 2027 revenue between $1.776 billion and $1.781 billion, with ARR seen at $2.058 billion to $2.063 billion.

Gupta said on the May 28 earnings call that demand was “stayed relatively stable,” responding to TD Cowen analyst Bryan Bergin. He pointed out more customer pilots were converting. Vertical products in healthcare and financial services are starting to gain traction, he added. Alphastreet

UiPath launched its Maestro Case tool on June 16. The new case-management product is meant for handling complex business work that needs exceptions, approvals, and human oversight. Case management in this context involves tracking issues like disputes or approvals until they’re closed. “Exceptions are the norm,” said Raghu Malpani, UiPath’s chief technology and product officer. UiPath

UiPath said some companies using Maestro Case saw case handling times drop 60% to 80%. One firm in financial services expects over $12 million a year in savings from using it for dispute-resolution and know-your-customer tasks.

UiPath is pitching itself against bigger enterprise software players that try to hold on to workflow budgets within their platforms. Microsoft says Copilot Studio gives companies tools to build agents using natural language or visual ways and then publish them into Microsoft 365 Copilot. ServiceNow is pushing its AI Agent Studio, saying customers can use built-in agents or create their own in natural language.

Wall Street’s stance on UiPath remains cautious. FactSet data in the Wall Street Journal put the stock at a Hold, with a median target of $13. That compares to UiPath’s $10.16 finish on Tuesday.

The risk is that the AI projects stay stuck in pilots or end up inside bigger vendors’ products. UiPath flagged a tricky macro environment and foreign-exchange headwinds, which can drag on reported revenue or ARR, when it gave its second-quarter and full-year guidance.

UiPath, Inc. put out second-quarter fiscal 2027 revenue guidance of $395 million to $400 million. The company also expects ARR to land between $1.929 billion and $1.934 billion as of July 31.

Michał Rogucki is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic developments. A graduate of Humboldt University of Berlin, he previously worked in investment research and market analysis before transitioning to financial journalism. He covers the trends and events that matter most to investors worldwide.

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