PATH
UiPath, Inc.

UiPath, Inc.PATH

Technology · Software - Infrastructure
13.00USD
-0.08%
Nov 08, 2026
PATH overview ready
Enterprise Platform Combining RPA Robots and AI Agents for Workflow Automation
UiPath is a direct enterprise-platform vendor for agentic workflow execution: it combines legacy RPA robots with AI agents, document intelligence, API automation, testing and process orchestration.
Theme not measured
Workflow Automation & Low-Code has no leadership state this session.
No clear price read
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Slower-than-expected enterprise adoption of automation platforms.
Market Nov 6Filing Jul 31Price action Nov 7Research Oct 15

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction6.0BusinessPerformance5.0BusinessQuality5.3Valuation8.6ThemeMomentum—Mixed — Revenue is still growing (+13% YoY), but growth has slowed, down from +17%. Diluted EPS was $0.07 against $0.00 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Workflow Automation & Low-Code — Workflow Automation & Low-Code is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Software, reads Weakening (+6.0pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$6.8B
Avg Volume (60D)
35.4M
60 sessions
Revenue Growth YoY
+12.7%
FY2026 vs FY2025
Gross Margin
+82.6%
Trailing twelve months
Operating Margin
+8.9%
Trailing twelve months
Free Cash Flow Yield
+5.3%
Distance from 200DMA
+5.3%
Next Earnings
2026-12-03
P/E
18.9x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 31, 2026
Filed balance-sheet data as of Jul 31, 2026

Business Performance

Mixed

Revenue is still growing (+13% YoY), but growth has slowed, down from +17%. Diluted EPS was $0.07 against $0.00 a year earlier.

Latest reported: Q2 FY2027, ended Jul 31
Revenue growthSlowing
+13%
$410M in Q2 FY2027 · YoY
YoY growth, last 4 quarters
  1. +16%
  2. +14%
  3. +17%
  4. +13%
Earnings growthGrowing
$0.07
Diluted EPS $0.07 vs $0.00 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
7.7%
+13.3 pp YoY · gross margin 80.4% (-1.8 pp)

Business Quality

5.3 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap.
UiPath, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces. It trades at a 5.3% free-cash-flow yield, which the underlying economics comfortably support.

Company Research

Thesis
UiPath is a direct enterprise-platform vendor for agentic workflow execution: it combines legacy RPA robots with AI agents, document intelligence, API automation, testing and process orchestration. The story is still emerging, so the exposure is real but early.
Opportunity
Moderate opportunity
Enterprise spending on governed platforms that coordinate AI agents, deterministic automations, APIs, documents and human approvals to execute end-to-end business workflows reliably.
Key risk
Slower-than-expected enterprise adoption of automation platforms.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Infrastructure
What they do

UiPath provides an integrated enterprise software platform that enables robotic process automation (RPA) by coordinating AI agents, robots, people, and models to automate business workflows across multiple industries and geographies.

How it earns

The company primarily generates revenue through subscription-based licensing of its automation platform and related software services.

Products & services
UiPath platform
UiPath Maestro process orchestration
UiPath agent builder
RPA and API automation
UiPath intelligent extraction and processing
UiPath test cloud
Customers & end markets
Enterprises across various industries
Primarily in the United States, Romania, United Kingdom, Netherlands, and international markets
Market position

UiPath is a leader in the enterprise robotic process automation and agentic workflow orchestration market.

Demand drivers
Medium cyclicality

Demand is influenced by enterprise IT spending cycles and broader economic conditions affecting digital transformation budgets.

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