RBC Raises UiPath Price Target on Improving Stability and Profitability Trends

RBC Capital raised its price target on UiPath Inc. (NYSE:PATH) to $19 from $16 while maintaining a Sector Perform rating, following what it described as a solid third-quarter report and encouraging early signs of stabilization.

The analyst said discussions with UiPath’s management reinforced confidence that recent improvements—including steadier net-new ARR performance and enhanced profitability—could continue if execution remained solid. Although investors continued to debate UiPath’s competitive position in an increasingly agent-driven automation landscape, RBC said the company’s recent performance trends suggested potential for further share appreciation.

The increased price target reflected a higher probability that stabilization would carry into the fourth quarter and beyond.