NEW YORK, March 16, 2026, 5:08 p.m. EDT
UiPath edged down to $11.57 late Monday, barely budging as other AI names bounced back. BMO Capital’s new price target didn’t help much, leaving the automation software maker under pressure after last week’s post-earnings drop. Shares slipped less than 0.1% for the session, following a 7% to 8% slide after those results.
UiPath is emerging as something of a bellwether for enterprise software vendors touting “agentic automation”—that’s AI agents embedded with bots and humans in corporate workflows. Investors have been quick to back firms delivering tangible AI gains, but recent analyst notes point out UiPath still has work to do making those revenue benefits more obvious. UiPath
UiPath fired up that discussion after projecting fiscal 2027 revenue between $1.754 billion and $1.759 billion—growth of just over 9% at the high end, sliding from 13% for fiscal 2026. The company also put out a forecast for annual recurring revenue, or ARR, targeting $2.051 billion to $2.056 billion, an 11% jump from $1.853 billion.
UiPath turned in a decent quarter, notching fourth-quarter revenue of $481 million—a 14% bump. On the call, Chief Executive Daniel Dines noted that customers have moved past the AI “experimenting” phase. AI-product ARR almost hit $200 million, and AI tools showed up in 16 out of the 20 largest deals this quarter. “We delivered a strong quarter,” Dines said in the earnings release. UiPath, Inc.
Scott Berg over at Needham went bullish last week, bumping UiPath to Buy and setting a $15 target. He pointed to fresh partner checks that, in his view, back UiPath’s recent sector-driven sales push. Berg’s note urged investors to “take advantage of the weakness.” Investing.com
Elsewhere, things are murkier. On Monday, BMO slashed its price target to $14 from $17, telling clients there’s just not enough proof yet that AI can deliver big profits. William Blair flagged rivalry from Microsoft and ServiceNow as a continuing threat.
Still, UiPath hasn’t let up on its product push. Last week, the company announced a broader alliance with Deloitte aimed at rolling out an Agentic ERP solution for financial and operations systems. Alongside that, UiPath unveiled a fresh $500 million buyback, following the completion of its earlier $1 billion repurchase plan.
Even so, shares aren’t without a floor. UiPath finished its fiscal year with its first-ever GAAP profit, wrapped up January holding $1.69 billion in cash, cash equivalents and marketable securities, and is forecasting roughly $415 million in adjusted operating income for this fiscal year.
The risk side hasn’t exactly gotten any less obvious. Chief Operating and Financial Officer Ashim Gupta described demand as “variable,” flagging “pockets of strength” alongside “pockets of pressure.” He added that a heavier lean toward cloud software is set to shave roughly 1 percentage point off revenue growth for the year. The Motley Fool
So PATH stays boxed in for now. Without clearer gains from AI sales, the stock could easily miss out again on broader AI rallies—like Monday, when the Nasdaq climbed 1.22%.
