UiPath Inc. (NYSE:PATH – Get Free Report) has received a consensus recommendation of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat reports. Sixteen equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $17.94.
A number of analysts have recently commented on the company. Canaccord Genuity Group dropped their price objective on UiPath from $30.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Bank of America restated a “neutral” rating and set a $16.00 price target (down previously from $30.00) on shares of UiPath in a report on Thursday, May 30th. Truist Financial reaffirmed a “hold” rating and issued a $14.00 price objective (down previously from $32.00) on shares of UiPath in a research note on Thursday, May 30th. DA Davidson reduced their target price on UiPath from $24.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, May 30th. Finally, TD Cowen reiterated a “hold” rating and issued a $17.00 price objective (down previously from $28.00) on shares of UiPath in a research note on Thursday, May 30th.
Check Out Our Latest Analysis on UiPath
Institutional Trading of UiPath
UiPath Stock Performance
Shares of PATH opened at $12.74 on Friday. The firm has a fifty day moving average of $12.22 and a 200-day moving average of $16.80. UiPath has a 1 year low of $10.37 and a 1 year high of $27.87. The company has a market cap of $7.30 billion, a price-to-earnings ratio of -79.63 and a beta of 0.87.
About UiPath
UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.
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