UiPath hits record low after weak revenue forecast

UiPath

13/03/2025 15:52

Updates

** Shares of software company UiPath PATH.N fall to record low, last down 15% at $10.06

** PATH on Wednesday after market hours forecast FY26 revenue below Wall Street estimates and missed expectations for Q4 revenue

** Company expects FY revenue of $1.525 billion to $1.530 billion, compared with estimates of $1.579 billion, per data compiled by LSEG

** Posted Q4 revenue of $424 million vs expectations of $425.4 million

** At least 10 brokerages cut price target on PATH's stock post earnings, including Morgan Stanley, Wells Fargo and BofA Global Research

** Including session's move, PATH down ~21% YTD

 (Reporting by Pritam Biswas in Bengaluru)

 ((Pritam.Biswas@thomsonreuters.com))