On Dec 07, major Wall Street analysts update their ratings for $UiPath (PATH.US)$, with price targets ranging from $15 to $18.
Morgan Stanley analyst Sanjit Singh maintains with a hold rating, and adjusts the target price from $15 to $16.
J.P. Morgan analyst Mark Murphy maintains with a buy rating, and adjusts the target price from $17 to $18.
BofA Securities analyst Bradley Sills maintains with a hold rating, and maintains the target price at $18.
BMO Capital analyst Keith Bachman maintains with a hold rating, and adjusts the target price from $15 to $16.
Oppenheimer analyst Brian Schwartz maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $UiPath (PATH.US)$'s main analysts recently are as follows:
The firm assesses that UiPath's third quarter resonated with the patterns observed in the second quarter, displaying a robust performance that exceeded modest expectations. This illustrates augmented execution and efficiency. However, despite an attractive valuation, the firm retains a cautious stance while monitoring for indications of sustained growth in net-new ARR.
With software becoming increasingly favored, valuation levels have now aligned with historical averages. Moreover, there's potential for further upside, as estimates have not yet adjusted upward and base valuations are projected to extend out to 2026.
UiPath exhibited favourable performance this quarter, marked by slight improvements across several crucial indicators including net new annual recurring revenue. The introduction of new agent tools presents further opportunities, albeit in a competitive landscape. Despite the attractive valuation of UiPath's stock, the complexity within the company's fundamental operations remains a hurdle for adopting a more optimistic outlook.
Here are the latest investment ratings and price targets for $UiPath (PATH.US)$ from 8 analysts:
Note:
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