UiPath Shares Trade at $12.82 with 1.4% Upside After $13 Price Target
PATH•New Street set UiPath’s price target at $13.00 while shares traded at $12.82, implying just 1.4% upside; simultaneous Q1 earnings fell short but revenue topped forecasts. Despite a 9.8% one-month gain versus 6.3% for the S&P 500, Capital Impact Advisors sold 2.75 million shares worth $35.1 million.
1. Analyst Sets Modest Upside
An analyst from New Street assigned UiPath a price target of $13.00 while shares traded at $12.82 on June 1, suggesting limited upside of approximately 1.4% from current levels.
2. Strong Recent Stock Performance
UiPath stock gained 9.8% over the past month, outperforming the 6.3% rise in the S&P 500 and the 4.8% average gain among software peers, highlighting robust investor interest in its automation offerings.
3. Institutional Investor Exit
Capital Impact Advisors sold 2.75 million UiPath shares valued at about $35.1 million, reducing its stake to 1.95% of reportable assets, signaling caution among some large holders.
4. Mixed Q1 Financial Results
In the first quarter, UiPath missed earnings-per-share estimates but beat revenue forecasts, creating a split financial picture that influences both analyst outlooks and investor sentiment.
