UiPath Falls as Investors Weigh Modest Outlook Lift and Leadership Changes

UiPath (PATH) is down 4.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied less to the quarter itself and more to investor expectations after a strong run in the stock. UiPath posted results above its prior guidance, but the full-year outlook was raised only modestly, and the same-day executive reshuffle may have added caution. This could be because traders were looking for a bigger acceleration in recurring revenue and a clearer upside signal for the second half.

Details:

UiPath reported second-quarter fiscal 2027 revenue of $410 million, up 13% year over year, with ARR of $1.938 billion, up 12%.

Net new ARR came in at $37 million, better than the level implied by the company’s earlier quarterly outlook.

For the full year, UiPath now expects revenue of $1.789 billion to $1.794 billion and ARR of $2.065 billion to $2.070 billion, which looks like an increase but not an outsized one relative to the stock’s recent rally.

UiPath also announced leadership changes, with Ashim Gupta focusing on the COO role and Hitesh Ramani becoming CFO, alongside a new board appointment.

Sources:

UiPath Investor Relations, SEC, R40 Research

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PATH Insider Trading Activity

$PATH insiders have traded $PATH stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $PATH stock by insiders over the last 6 months:

DANIEL DINES (CEO and Chairman) sold 1,402,347 shares for an estimated $22,539,362
HITESH RAMANI (Chief Accounting Officer) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $831,250.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$PATH Hedge Fund Activity

We have seen 278 institutional investors add shares of $PATH stock to their portfolio, and 332 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

TWO SIGMA INVESTMENTS, LP added 11,475,054 shares (+322.4%) to their portfolio in Q2 2026, for an estimated $124,733,836
TETRAGON PARTNERS GP LTD added 5,742,372 shares (+22.8%) to their portfolio in Q2 2026, for an estimated $62,419,583
JUPITER ASSET MANAGEMENT LTD added 5,251,946 shares (+227.4%) to their portfolio in Q2 2026, for an estimated $57,088,653
JANE STREET GROUP, LLC removed 4,976,941 shares (-81.6%) from their portfolio in Q2 2026, for an estimated $54,099,348
SENVEST MANAGEMENT, LLC added 4,300,400 shares (+55.2%) to their portfolio in Q2 2026, for an estimated $46,745,348
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,005,775 shares (+inf%) to their portfolio in Q2 2026, for an estimated $43,542,774
RENAISSANCE TECHNOLOGIES LLC added 3,553,900 shares (+inf%) to their portfolio in Q2 2026, for an estimated $38,630,893

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PATH Price Targets

Multiple analysts have issued price targets for $PATH recently. We have seen 11 analysts offer price targets for $PATH in the last 6 months, with a median target of $13.0.

Here are some recent targets:

Radi Sultan from UBS set a target price of $12.0 on 06/29/2026
Keith Bachman from BMO Capital set a target price of $13.0 on 06/01/2026
Scott Berg from Needham set a target price of $15.0 on 05/29/2026
Sanjit Singh from Morgan Stanley set a target price of $15.0 on 05/29/2026
Brad Sills from B of A Securities set a target price of $13.0 on 05/29/2026
Lucky Schreiner from DA Davidson set a target price of $12.0 on 05/29/2026
Bryan C. Bergin from TD Cowen set a target price of $13.0 on 03/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.