New York, June 2, 2026, 05:03 EDT
- UiPath shares ended Monday at $13.10, gaining 11.77% as strong fiscal Q1 results and an improved outlook sent volume higher.
- UiPath said fiscal Q1 revenue rose 17% to $418 million. Annualized renewal run-rate climbed 12% to $1.901 billion.
- Analysts were still cautious. BMO’s Keith Bachman lowered his price target to $13. BofA’s Brad Sills kept his Underperform call but raised his target to $13.
UiPath shares drew attention ahead of Tuesday’s U.S. session after the stock jumped on Monday. Traders are sorting through the automation software maker’s first-quarter profit and its improved full-year outlook, as some look for signs of a turnaround in the battered name. Class A shares ended Monday at $13.10, rising 11.77%, with around 65.5 million shares traded.
UiPath is out to show the AI boom is pushing up actual spending on automation, not just hopes for software growth. The latest quarter brought more than upbeat words. UiPath posted revenue gains, positive operating income on a GAAP basis, and raised its guidance for fiscal 2027.
NYSE trading starts at 9:30 a.m. Eastern, and the next question is if buyers keep up the push once full participation is back. June 2 stays open this year—it’s not among the 2026 U.S. market holidays. The next scheduled U.S. shutdown is Juneteenth on June 19.
UiPath reported first-quarter fiscal 2027 revenue up 17% to $418 million. ARR climbed 12% to $1.901 billion, with net new ARR at $49 million.
The company put Q2 revenue at $395 million to $400 million and raised its revenue target for fiscal 2027 to $1.776 billion to $1.781 billion. For the year, it projected non-GAAP operating income of around $430 million, excluding certain costs.
UiPath CEO Daniel Dines called it a “strong start” to the year and said agentic products were moving “from pilot to production.” Agentic automation is software that can plan and act across workflows, instead of just following a set script. Operating and finance chief Ashim Gupta said UiPath made “GAAP profitability for the first time” in a first quarter. Business Wire
On the call, Gupta described demand as “relatively stable” yet “variable,” and said this was a “new normal.” Management told analysts that AI showed up in 16 of UiPath’s top 20 deals. Expansion deals that included AI ran six times bigger than those with no AI, the company said. The Motley Fool
Wall Street is still on the fence. Benzinga data showed a neutral consensus and an average price target of $14.48, with BMO Capital, DA Davidson and BofA Securities sticking to cautious calls.
Competitive dynamics remain uneven. UiPath said it rolled out products on Salesforce’s AgentExchange and teamed up with Microsoft around security automation, steps that embed it further into the enterprise stack. Still, the company’s annual report flagged the threat that big platform vendors, already close to customers, might package automation as part of wider suites. That could squeeze prices and affect win rates.
UiPath disclosed in a filing that IceVulcan Investments, controlled by Dines, set up a Rule 10b5-1 trading plan to sell as many as 2.975 million Class A shares by Oct. 14, if limit prices are met. UiPath said those shares were less than 5% of Dines’s stake.
The risks aren’t hard to see. If ARR growth stays slow, if AI pilot projects stall, or if bigger players like Microsoft and Salesforce bundle automation into their platforms, Monday’s jump may not last. UiPath has also flagged AI regulation, dependency on outside cloud and model firms, macro disruptions, rivals, and stock swings as threats to its numbers.
Next up for UiPath is the William Blair Growth Stock Conference on Tuesday at 11:20 a.m. CDT. Management will be in front of investors again less than a day after the stock jumped.
