NEW YORK, July 12, 2026, 11:10 EDT
UiPath Inc. NYSE:PATH settled at $11.68 on Friday, slipping 0.3% from the July 2 close. Trading volume hit 378.0 million shares over five days, averaging 75.6 million a session. The automation-software maker dropped three cents for the week.
The volume hit 96.7% of UiPath’s 391.1 million-share float, so almost all shares available for usual trading changed hands. That doesn’t mean almost every holder sold—shares can turn over more than once. But the action jumps out since short interest was 138.9 million shares as of June 30, or 35.5% of the float.
UiPath has been buying back a lot of its stock lately. The company spent $243.8 million in the quarter ended April 30 to repurchase 20.4 million shares at an average price of $11.47. It picked up another 2.4 million shares through May 15 at $9.63 on average. Shares finished Friday just 1.8% above the average repurchase price for the first quarter. The board cleared a fresh $500 million buyback plan in March. UiPath said the pace for future repurchases will depend on the share price, market conditions and competing cash needs.
The daily tape had plenty of action, even if the week finished flat.
| Session | Close | Daily move | Intraday range | Volume |
|---|---|---|---|---|
| July 6 | $11.83 | up 1.02% | traded between $11.35 and $12.27 | 69.80 mln |
| July 7 | $11.65 | fell 1.52% | moved from $11.56 to $12.31 | 73.35 mln |
| July 8 | $11.42 | lost 1.97% | $11.25 to $11.55 | 58.01 mln |
| July 9 | $11.80 | rose 3.33% | range was $10.92-$11.87 | 98.17 mln |
| July 10 | $11.68 | down 1.02% | traded from $11.51 to $12.23 | 78.70 mln |
Daily price swings averaged 6.2%. Thursday saw the biggest volume of the week, but some of that gain faded Friday. The trade data doesn’t make it clear if bears piled in, covered shorts, or just moved in and out.
UiPath moved differently than two other companies in automation and workflow. The closes below look at July 2 and July 10.
| Company or benchmark | July 2 | July 10 | Weekly move |
|---|---|---|---|
| UiPath Inc. NYSE:PATH | $11.71 | $11.68 | -0.3% |
| ServiceNow Inc. NYSE:NOW | $106.32 | $107.71 | +1.3% |
| Appian Corp. NASDAQ:APPN | $24.40 | $25.36 | +3.9% |
| iShares Expanded Tech-Software Sector ETF (NYSEARCA:IGV) | $93.57 | $92.41 | -1.2% |
| S&P 500 | 7,483.24 | 7,575.39 | +1.2% |
UiPath didn’t keep up with ServiceNow, Appian or the wider market, but still outperformed the software ETF. The uneven moves leave a broad sector read-through lacking. Focus is back on UiPath’s tough competitive setup and its challenge turning AI tool spend into steady revenue.
UiPath’s latest numbers give bulls and bears each something to work with. Fiscal Q1 revenue grew 17% to $418 million. Annual recurring revenue, which tracks subscription sales set to repeat year over year, climbed 12% to $1.901 billion. But Q2 revenue guidance is running lighter, with the $395 million to $400 million range sitting about 5% below Q1 at the midpoint. CEO Daniel Dines said agentic products — software that handles multi-step jobs — are “moving from pilot to production.” CFO Ashim Gupta pointed to a “first quarter GAAP profitability for the first time in company history,” meaning UiPath turned a profit by standard U.S. metrics. UiPath, Inc.
U.S. cash markets were closed Sunday and UiPath’s investor calendar listed no planned events. So the main drivers next week come from outside. June CPI drops Tuesday. Producer prices are set for Wednesday and retail sales hit Thursday, with major banks also kicking off results. “A lot of factors coming to a head all at once,” said Michael Reynolds, vice president of investment strategy at Glenmede. UiPath, Inc.
The setup has risks in both directions. If inflation heats up, rate hikes get more likely and software stocks could take a hit. A miss on UiPath’s Q2 targets might back up the bears. But if inflation is soft, peers do well, or buybacks pick up, shorts may have to cover, pushing the stock higher. Still, a lot of short interest doesn’t guarantee a rally.
The main signal for now is the company’s $11.47 average repurchase price for the first quarter. Activity stayed heavy last week but still didn’t clarify direction. Around 378 million shares changed hands, with the stock posting a net loss of three cents.
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