BofA Retains an “Underperform” Rating on UiPath, Inc. (PATH)

On May 29, 2026, BofA raised its terms people connected UiPath, Inc. (NYSE:PATH) to $13 from $12. The steadfast maintained an “Underperform” standing connected the shares. It noted fiscal Q1 results that came successful supra some its estimates and the Street and a higher full-year outlook. BofA said the people was “likely bully enough” fixed valuation but flagged the request for clearer ARR acceleration earlier turning constructive.

A time earlier, connected May 28, UiPath, Inc. (NYSE:PATH) reported first-quarter 2027 results with gross of $418 million, increasing by 17% twelvemonth implicit year. The ARR of $1.901 cardinal jumped by 12%, and GAAP operating income was $28 million. On the different hand, non-GAAP operating income was $92 million.

CEO Daniel Dines said ARR maturation reached 12% arsenic agentic products moved from aviator to production, portion CFO Ashim Gupta said the corp exceeded guidance crossed cardinal metrics and achieved its archetypal 4th of GAAP profitability.

UiPath, Inc. (NYSE:PATH) is simply a steadfast that works successful the improvement and proviso of a bundle level to automate concern processes.

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