NEW YORK, May 21, 2026, 15:05 (EDT)
UiPath shares fell about 2.2% to $10.53 in Thursday afternoon trading, lagging broader U.S. equities as investors looked toward next week’s results for proof that the company’s AI automation push is turning into growth. The stock traded between $10.26 and $10.82, with volume above 27 million shares.
That is the point now. UiPath is due to report fiscal first-quarter 2027 results after the market closes on May 28, with management set to hold a call at 5 p.m. ET.
The move stood out because the broader tape was not under the same pressure. Exchange-traded funds tracking the S&P 500 and Nasdaq 100 were modestly higher in late trade, while the Dow tracker was up more firmly.
UiPath’s freshest corporate announcement was not a sales update. The company said Wednesday that board member S. “Soma” Somasegar died on May 19, adding that he had joined the board in September 2024 and served on its nominating and corporate governance committee. UiPath, Inc.
So investors are working mainly from March numbers. UiPath reported fourth-quarter revenue of $481 million, up 14% from a year earlier, and ARR — annualized renewal run-rate, a subscription-software gauge of recurring business — of $1.853 billion, up 11%. It also authorized a new $500 million share buyback after finishing a $1 billion program, and forecast first-quarter revenue of $395 million to $400 million. Chief Executive Daniel Dines said customers need AI systems that can run complex processes with “reliability, governance, and scale.” UiPath, Inc.
The company’s case rests on a shift from older robotic process automation, software bots that handle repetitive tasks, to what it calls agentic automation: AI agents, robots and people working through governed business workflows.
UiPath has been trying to sharpen that message. On May 12, it announced UiPath for Coding Agents, saying the product would let enterprises use coding agents such as Claude Code or Codex while keeping testing, deployment and governance inside UiPath’s platform.
It has also leaned on partnerships. In April, Vikram Kakumani, UiPath’s deputy chief technology officer, said of its Databricks integration: “Databricks brings proven data intelligence infrastructure. We bring proven process orchestration.” UiPath, Inc.
The competitive field is getting crowded. Reuters reported last year that enterprise automation firms such as UiPath and Automation Anywhere face competition not only from each other but also from AI agents offered by large technology companies including Microsoft.
But next week could cut both ways. UiPath warned in its annual filing that rival AI features, bundled products from larger vendors and lower-priced alternatives could hurt demand or pricing power; if first-quarter ARR, retention or guidance disappoints, the stock may trade less on AI promise and more on plain software-growth doubts.
The session was a regular NYSE trading day, with core trading running from 9:30 a.m. to 4 p.m. ET. The exchange lists Memorial Day, Monday, May 25, as the next 2026 holiday closure.
