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The enterprise AI automation cohort is selling off Tuesday as Wall Street's response to UiPath‘s (NYSE:PATH | PATH Price Prediction) fiscal second-quarter report crystallizes into a chorus of higher price targets paired with non-buy ratings.
UiPath, Inc. (PATH) Presents at Citi's 2026 Global TMT Conference Transcript
PATH's 24% post-earnings slide contrasts with a revenue beat, raised annual guidance and stronger profitability, creating a potential entry point.
Major Indexes are moving lower as crude prices and geopolitical tensions continue to rise
Recently, Zacks.com users have been paying close attention to UiPath (PATH). This makes it worthwhile to examine what the stock has in store.
UiPath turned in solid results and upped guidance, although it needs to show that growth will start to accelerate. The stock is very cheap at the moment if it can stage a turnaround.
The software sector experienced a relief rally in August, after being decimated in the first half of the year. Second quarter earnings reports showed resilience and that fears over AI disruption might be overblown.
UiPath (NYSE: PATH) reported second-quarter fiscal 2027 results that exceeded its guidance, with annualized recurring revenue, revenue and profitability all rising as the company emphasized demand for its automation, orchestration and artificial intelligence capabilities. Founder and Chief Executive Officer Daniel Dines said ARR reached $1.938 billion, up 12% year over year, while revenue rose 13% to