UiPath Inc (NYSE:PATH) reported mixed results for the second quarter and raised its FY27 sales guidance on Thursday.

UiPath reported quarterly earnings of 15 cents per share, in line with the consensus estimate, per Benzinga Pro data. Quarterly revenue came in at $410.26 million, which beat the Street estimate of $397.95 million.

"I am pleased with our second quarter results, demonstrating disciplined execution and the growing momentum across our platform," said Daniel Dines, UiPath founder and CEO.

UiPath raised its fiscal 2027 revenue outlook to between $1.789 billion and $1.794 billion, versus the $1.778 billion analyst estimate.

UiPath shares fell 12.4% to trade at $15.98 on Friday.

These analysts made changes to their price targets on UiPath following earnings announcement.

  • Canaccord Genuity analyst Kingsley Crane downgraded the stock from Buy to Hold and raised the price target from $15 to $17.
  • DA Davidson analyst Lucky Schreiner maintained the stock with a Neutral and raised the price target from $12 to $16.

Considering buying PATH stock? Here’s what analysts think:

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