UiPath, Inc. (NYSE:PATH) shares are up about 3% ahead of first-quarter earnings Thursday after the market closes.
- UiPath shares are climbing with conviction. What’s behind PATH gains?
What To Expect And Earnings History
Analysts expect earnings per share of 13 cents and revenue of $397.47 million. For the prior quarter, the company reported earnings per share of 30 cents, beating the consensus estimate of 20 cents. UiPath also posted revenue of $481.11 million, beating the consensus estimate of $464.83 million.
UiPath has beaten EPS estimates in eight consecutive quarters. The company has beaten revenue estimates in four consecutive quarters.
Management Commentary
“As we enter fiscal 2027, we remain focused on expanding adoption across our platform and driving continued operating discipline as we scale the business,” said Ashim Gupta, UiPath COO and CFO, in the company’s fourth-quarter earnings report.
Longer-Term Trend Still Faces Resistance
UiPath is trading 9.4% above its 20-day SMA ($10.54) and 7.4% above its 50-day SMA ($10.74), which tells you the near-term trend has improved and buyers have been defending pullbacks. The bigger picture is still a repair job, though, with shares 2.8% below the 100-day SMA ($11.87) and 11.1% below the 200-day SMA ($12.99), keeping longer-term supply in play on rallies.
MACD is the cleaner momentum read right now: it's above its signal line and the histogram is positive, which points to improving upside pressure versus the prior downswing. In plain English, when MACD is above its signal line, it suggests momentum is turning up even if price hasn't fully reclaimed the longer-term trend.
The moving-average structure still carries some baggage, with the 20-day SMA below the 50-day SMA (bearish) and the death cross from March (50-day below the 200-day) still in effect. That combination often means rallies can work, but they may run into sellers faster until the stock can reclaim and hold longer-term averages.
- Key Resistance: $13.00 — a round-number area that also sits near the longer-term trend zone (close to the 200-day EMA at $12.38 and 200-day SMA at $12.99), where rebounds can stall
- Key Support: $9.50 — a nearby floor near the 52-week low zone ($9.20), where buyers previously stepped in
UiPath Shares Edge Higher
PATH Price Action: At the time of publication, UiPath shares are trading 2.87% higher at $11.48, according to data from Benzinga Pro.
Image via Shutterstock
Login to comment