UiPath (NYSE: PATH ) stock is in the news Thursday after the company's shares got hit with a price target cut from Mizuho analyst Siti Panigrahi. The Mizuho analyst reduced the firm's price target for PATH stock from $25 per share to $14 per share.
UiPath lowered its full-year guidance because its growth is slowing due to "increased deal scrutiny." Founder and CEO Daniel Dines is taking over again after an abrupt departure from its current CEO.
UiPath Inc (NYSE: PATH) is down about 30% on Thursday after Rob Enslin resigned as its chief executive – effective June 1st.
UiPath Inc. shares were on track for their worst daily drop on record after the automation-software company's latest earnings marked a twist on the industry's well-established doldrums.
UiPath (NYSE: PATH ) stock is falling on Thursday after the end-to-end automation company announced a change in CEOs during its latest earnings report. UiPath says that Rob Enslin is stepping down as the CEO and a Board member of the company.
Shares of the automation-software company tumbled after it cut its forecast for revenue and said the CEO is stepping down.
Shares of UiPath (PATH) lost nearly a third of their value in Thursday's premarket session after the automation software company announced an unexpected CEO shakeup and provided current-quarter sales guidance that came in significantly below Wall Street estimates.
PATH stock is now the cheapest it has ever been.
UiPath Inc. (NYSE:PATH ) Q1 2025 Earnings Conference Call May 29, 2024 5:00 PM ET Company Participants Allise Furlani - Senior Director of Investor Relations Daniel Dines - Founder and Chief Innovation Officer Ashim Gupta - Chief Financial Officer Conference Call Participants Jake Roberge - William Blair Arti Vula - JPMorgan Shel McMeans - Barclays Chirag Ved - Evercore ISI Bryan Bergin - TD Cowen Mike Richards - RBC Capital Markets Conor Castro - Truist Securities Michael Turrin - Wells Fargo Securities Ryan Krieger - Wolfe Research Scott Berg - Needham and Company Jason Celino - KeyBanc Capital Markets Operator Greetings and welcome to the UiPath First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for UiPath (PATH) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
UiPath (PATH) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.11 per share a year ago.
UiPath shares tank 30% after company announces CEO shakeup