NEW YORK, June 28, 2026, 15:04 (EDT)
- UiPath ended Friday at $10.53, gaining 6.04%, with around 66.3 million shares traded.
- Regular-session volume for Five last week reached about 298.7 million shares, around 57% of the diluted share total used for first-quarter EPS.
- Friday’s close was 8.2% lower than the $11.47 average price UiPath paid for its first-quarter share repurchases.
UiPath, Inc. NYSE:PATH saw higher trading volume than price action last week. Shares gained 6.04% on Friday, closing at $10.53. Volume reached 66.3 million in the final regular session before the weekend.
From the June 18 close before the shortened Juneteenth week, PATH rose 2.5%. The stock hovered around $10. Roughly 298.7 million shares traded Monday to Friday—56.6% of the 527.8 million diluted shares UiPath counted for first-quarter EPS.
The focus for investors is the buyback. UiPath repurchased 20.4 million Class A shares in the quarter to April 30 at an average price of $11.47. Friday’s close was 8.2% below that level. The board approved a new $500 million buyback in March, but the company said it may pause or end it at any time, depending on the price, market conditions and other capital needs.
At $10.53, $500 million buys roughly 47.5 million shares before costs and taxes—about 9.0% of the diluted share base used for first-quarter EPS. The same amount at the first-quarter average repurchase price would have secured about 43.6 million shares.
This week’s five sessions were as follows:
| Date | Close | Daily change | Volume |
|---|---|---|---|
| June 22 | $10.16 | -1.07% | 51.87 million |
| June 23 | $10.16 | unchanged | 50.78 million |
| June 24 | $10.31 | up 1.48% | 78.96 million |
| June 25 | $9.93 | down 3.69% | 50.75 million |
| June 26 | $10.53 | up 6.04% | 66.30 million |
The buyback figure is significant due to the balance sheet. As of April 30, UiPath held $1.42 billion in cash, cash equivalents, and marketable securities—about 26% of its $5.56 billion market value on Friday.
Cash and securities fell from $1.69 billion as of Jan. 31. First-quarter financing cash use totaled $243.8 million, mostly for Class A buybacks. The company also spent $112.8 million on investing activities, including a net payment related to WorkFusion.
CEO Daniel Dines described the quarter as a “strong start to the fiscal year,” as annualized renewal run-rate climbed 12% to $1.901 billion. COO and CFO Ashim Gupta said UiPath reported “first quarter GAAP profitability for the first time in company history.” UiPath, Inc.
That’s the business rationale behind the buyback. Revenue climbed 17% to $418 million in the April quarter. For the current quarter, UiPath expects revenue of $395 million-$400 million and ARR between $1.929 billion and $1.934 billion as of July 31.
The annual meeting last week offered no new operating data. Shareholders cast votes on directors, executive compensation, and KPMG as auditor. Preliminary results showed approval, and the company said it would file final results on Form 8-K once verified. The investor relations calendar showed no scheduled upcoming events.
The next challenge for investors is clear: each $100 million repurchased at Friday’s close retires around 9.5 million shares, compared to about 8.7 million shares at the average buyback price in the first quarter. That difference is more important now, as revenue growth and ARR remain in the low teens.
