UiPath Shares Fall Despite Strong Q2 Earnings and Raised Guidance
UiPath, Inc. Class A (NYSE:PATH) posted strong Q2 FY27 results, with revenue reaching approximately $410 million and annual recurring revenue (ARR) at around $1.94 billion.
The company also highlighted its success in integrating artificial intelligence (AI) into top deals, major automation wins, and the use of coding agents that can cut development time by up to 60%.
Despite raising guidance for FY27 and Q3 revenue, UiPath's shares fell. Analysts' views on the company were mixed, with some keeping their Market Perform or Equal-Weight ratings while others raised their price targets, including UBS which increased its target to $19 per share.
UiPath also appointed Yazdi Bagli to its board of directors, bringing senior IT and enterprise services leadership experience from Kaiser Permanente, Walmart, and Procter & Gamble.