Overview
- RBC Capital on September 5 reiterated its Sector Perform rating on UiPath and kept a $12 price target following the latest earnings report.
- Analysts cited better execution and strong fundamentals in the reassessment.
- UiPath reported an 83.09% gross margin and 8.25% revenue growth over the past 12 months, according to the coverage.
- RBC noted progress in agentic automation, pointing to larger deals and broader use cases.
- The company, an end-to-end RPA platform provider, was also listed by Insider Monkey among the best robotics stocks to buy under $20.