UiPath falls on weak annual revenue forecast
04/09/2026 15:50
BUZZ-UiPath falls on weak annual revenue forecast ** Shares of software company UiPath PATH.N fall 14.2% to $15.6
** Co forecasts FY revenue of about $1.792 billion at the midpoint, below analysts' estimates of $1.794 billion - LSEG data
** Reports Q2 adjusted EPS of 15 cents, in line with analysts' estimates
** Brokerage TD Cowen says growth remains stable and much of the improvement is already reflected in the stock price
** PATH growth is adequately priced in today, says brokerage DA Davidson
** 3 of 22 brokerages rate the stock "buy" or higher, 18 "hold" and 1 "sell" or lower; their median PT is $16
** Including session's moves, PATH down 8.5% YTD, compared with a 11.9% rise in the NYSE Composite Index .NYA
(Reporting by Darshan Kumar in Bengaluru)