These Analysts Boost Their Forecasts On UiPath After Upbeat Q1 Results

Core Insights - UiPath Inc. reported better-than-expected first-quarter financial results, with earnings of 11 cents per share and sales of $356.62 million, surpassing analyst estimates [1][2] - The company launched its agentic automation platform, which has received positive early feedback from customers and partners, indicating growing interest in enterprise automation [2] - UiPath raised its fiscal 2026 revenue guidance to a range of $1.549 billion to $1.554 billion, exceeding previous estimates [3] Financial Performance - Quarterly earnings were reported at 11 cents per share, beating the consensus estimate of 10 cents [1] - Quarterly sales reached $356.62 million, surpassing the analyst consensus estimate of $332.87 million [1] - The company expects second-quarter revenue to be between $345 million and $350 million, above estimates of $333.12 million [3] Guidance and Analyst Reactions - Fiscal 2026 revenue guidance was raised from $1.52 billion to $1.53 billion to a new range of $1.549 billion to $1.554 billion, compared to estimates of $1.53 billion [3] - Following the earnings announcement, various analysts adjusted their price targets for UiPath, with increases noted across multiple firms [6]