NEW YORK, June 26, 2026, 13:03 (EDT)
- UiPath climbed 4.7% to $10.40 on NYSE volume of 25.3 million shares, according to the latest available quote. The NYSE was open for its regular session, running from 9:30 a.m. to 4 p.m. New York Stock Exchange
- UiPath guidance points to net new ARR of roughly $30 million for the fiscal second quarter, midpoint, after $49 million in Q1. The target is higher for the rest of the year. UiPath, Inc.
- Short interest stood at 126.25 million shares, which is 32.23% of float. The Russell index reset on Friday increased volume risk for the stock. MarketWatch
UiPath Inc (NYSE:PATH) gained 4.7% to $10.40 on Friday, rebounding after hitting a $9.88 session low. The automation software company saw volume reach 25.3 million shares by 12:48 p.m. EDT. Market cap was about $5.49 billion.
The New York Stock Exchange stayed open. According to its calendar, it will close June 19 for Juneteenth in 2026 and July 3 for Independence Day. Core trading hours run 9:30 a.m. to 4:00 p.m. ET. New York Stock Exchange
Stock action masked a tougher story under the hood. UiPath closed April with $1.901 billion in annual recurring revenue and told investors to expect July ARR of $1.929 billion to $1.934 billion. That works out to about $30 million in net new ARR for the fiscal Q2 at the midpoint—less than the $49 million it posted in Q1. To reach the full-year midpoint target near $2.061 billion, the company would have to generate around $129 million in the back half, or about $65 million per quarter. UiPath, Inc.
The stock is still trading at turnaround levels, not like a strong AI software play. UiPath posted a 17% revenue gain for the quarter, with ARR up 12%. CEO Daniel Dines said ARR “growing 12 percent year-over-year to $1.901 billion.” He said agentic products are “moving from pilot to production.” UiPath, Inc.
COO and CFO Ashim Gupta said UiPath posted “first quarter GAAP profitability for the first time” ever. The 10-Q backs that up: net income came in at $22.5 million, flipping from a $22.6 million loss a year ago. Operating income was $28.0 million, after a $16.4 million operating loss last year. UiPath, Inc.
The stock is also getting a look because of the balance sheet. UiPath ended April with $1.416 billion in cash, cash equivalents and marketable securities, which is about 26% of its market cap as of Friday. In the quarter, the company bought back 20.4 million Class A shares at an average price of $11.47. It picked up another 2.4 million shares at $9.63 between May 1 and May 15. UiPath, Inc.
Short sellers are still heavy here. Short interest stood at 126.25 million shares as of June 15, or 32.23% of the float. Average volume was 35.15 million shares. A rally can push shorts to cover in a stock with that level of short interest. But with these numbers, plenty of traders still don’t believe the growth story. MarketWatch
Index activity could muddy Friday’s trading read. FTSE Russell said its reconstituted Russell indexes go live after the market closes on June 26. The market-cap breakpoint between the Russell 1000 and Russell 2000 climbed to $5.7 billion, up from $4.6 billion a year ago. UiPath’s intraday market cap was just below the threshold and landed within the $2.7 billion to $9.6 billion retention range. LSEG
Jefferies (NYSE:JEF) equity analyst Steven DeSanctis called Friday’s reconstitution a “really massive trade,” saying “turnover is dramatic.” Stephens analyst Melissa Roberts called it a “key liquidity day.” She estimated reconstitution-day trading near $150 billion. Reuters
UiPath is still off 36.64% so far this year and down 18.42% for the past 12 months, MarketWatch data show. The stock’s gain Friday puts it nearer to the May buyback price than where the first-quarter repurchases averaged. MarketWatch
