RBC Turns More Constructive on UiPath (PATH), Raises PT Following Investor Meetings

Core Insights - UiPath Inc. is being closely monitored by analysts as a significant player in the AI sector, with RBC Capital raising its price target from $16.00 to $19.00 while maintaining a "Sector Perform" rating [1][3]. Group 1: Company Performance - The rating affirmation follows investor meetings post-Q3 FY26, where analysts expressed confidence in UiPath's potential for stabilization in net new annual recurring revenue (NNARR) and improved profitability metrics [2]. - There is ongoing debate in the market regarding UiPath's positioning in an increasingly agentic AI landscape, but stable business trends could lead to potential stock price increases [3]. Group 2: Market Context - The company is recognized as a software as a service (SaaS) enterprise that develops AI-powered automation platforms aimed at transforming business operations [3]. - Despite the potential of UiPath as an investment, some analysts believe other AI stocks may offer greater upside potential with less downside risk [4].