New York, May 20, 2026, 15:03 EDT
- UiPath picked up around 1% in afternoon trading while U.S. tech names bounced.
- The company is set to report earnings May 28 at 5:00 p.m. EDT.
- Company news focused on expanding cloud operations in South Korea after the passing of board member S. “Soma” Somasegar.
UiPath Inc. shares traded higher Wednesday, moving with other tech stocks. There was little news on the company itself, and the focus is on the automation-software maker’s earnings update coming next week.
The stock last changed hands at $10.65, gaining about 1%. Shares swung from $10.12 to $10.72 in the session. About 24.3 million shares traded. The market cap was close to $5.7 billion.
UiPath is going into its fiscal first-quarter earnings with its shares still trading far under their highs from last year, as Wall Street sorts out which software names can make real money from artificial intelligence spending. UiPath has pitched its platform as a way for companies to run AI agents, robots and people together for business processes, all under governance controls.
The New York Stock Exchange traded on Wednesday. Its 2026 holiday schedule shows the next market closure comes on Memorial Day, Monday, May 25.
UiPath plans to report first-quarter fiscal 2027 results on May 28 after the bell, at 5:00 p.m. EDT. That timing leaves the stock in a tight spot, where things like trading volume, product headlines, analyst calls and movement in the software sector could have an outsize impact.
Chip stocks bounced and helped push Wall Street higher, with the S&P 500 up nearly 1% and the Nasdaq gaining 1.4% by late Wednesday morning. Investors were watching for Nvidia’s results. “Nvidia’s earnings come at just the right time,” James Demmert, chief investment officer at Main Street Research, told Reuters. He said the market was looking for signs that AI demand might balance out pressure from rising bond yields. Reuters
UiPath had more operating news Tuesday. The company said it rolled out Automation Cloud on Microsoft Azure in South Korea, aiming to give customers local data residency so data can stay inside the country for compliance or regulatory reasons. “Removing the sovereignty barriers” is how UiPath’s Korea country manager Won-Joon Hyoung described the move, saying it targets customers in regulated industries who still use on-premise systems. UiPath
UiPath said Microsoft Korea CEO Willy Cho called the Azure-backed platform a “locally compliant foundation” for scaling automation. The partnership lets Microsoft stay linked to UiPath’s product lineup, while big software firms and automation players are fighting for enterprise AI spending. UiPath
UiPath said Wednesday that S. “Soma” Somasegar, a member of its board, died on May 19. The company said Somasegar joined its board in September 2024 and had been part of the nominating and corporate governance committee. UiPath, Inc.
UiPath’s last full-year numbers are still what investors look at. The company posted fourth-quarter fiscal 2026 revenue of $481 million, a 14% gain from the prior year. Annualized renewal run-rate, or ARR, rose 11% to $1.853 billion. CEO Daniel Dines said customers want a platform that can handle “reliability, governance, and scale” for big processes. UiPath, Inc.
UiPath approved a fresh $500 million stock buyback plan while wrapping up its earlier $1 billion repurchase. The company set its fiscal 2027 forecast for revenue between $1.754 billion and $1.759 billion, and ARR from $2.051 billion to $2.056 billion.
But the setup is messy. UiPath flagged in its annual report that it faces tough competition in automation, low-code, process mining, document processing and test automation. It noted rivals might bundle automation into bigger software at cheaper prices. The company also warned that AI tools for code or app development could hurt demand for some of its offerings.
Next week’s report will matter more for UiPath than Thursday’s stock action. Investors want to see if new AI and cloud products are showing up in ARR, not just in headlines. The focus is also on whether UiPath can keep margins steady as bigger players go after automation spending.
