On Dec 06, major Wall Street analysts update their ratings for $UiPath (PATH.US)$, with price targets ranging from $16 to $19.
Morgan Stanley analyst Sanjit Singh maintains with a hold rating, and adjusts the target price from $15 to $16.
BofA Securities analyst Bradley Sills maintains with a hold rating, and maintains the target price at $18.
Barclays analyst Raimo Lenschow maintains with a hold rating, and adjusts the target price from $15 to $16.
TD Cowen analyst Bryan Bergin maintains with a hold rating, and maintains the target price at $16.
Needham analyst Scott Berg 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 believes UiPath's third quarter reflected similar themes seen in the second quarter, including a notable performance exceeding modest expectations which demonstrated enhanced execution and efficiency. However, despite an appealing valuation, they await indications of sustained improvement in net-new Annual Recurring Revenue growth.
With software regaining favor, valuation levels for UiPath have aligned with historical averages. There could be additional potential for upside as estimates remain unchanged and base valuations are projected out to the year 2026.
Here are the latest investment ratings and price targets for $UiPath (PATH.US)$ from 9 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
