UiPath (PATH) Stock Drops 16% After Earnings: Is This a Buying Opportunity?
TLDR
- PATH opened at $16.24, down from a prior close of $18.22, and fell further to around $15.66 after earnings
- Q2 revenue came in at $410.3 million, up 13.3% year over year, beating the $397.8 million estimate
- Billings missed slightly at $375.5 million, and growth was seen as too slow compared to AI software peers
- UiPath raised its fiscal 2027 revenue forecast to $1.789-$1.794 billion
- Analyst consensus remains “Hold” with a price target of $15.73; CEO Daniel Dines sold over $22 million in stock last month
UiPath (PATH) dropped over 16% on September 4 after reporting Q2 fiscal 2027 earnings that beat on revenue but failed to impress a market with high expectations for AI-linked companies.
The stock opened at $16.24, down sharply from the prior close of $18.22, and last traded near $15.12. That puts PATH at 21.6% below its 52-week high of $19.29, hit in December 2025.
Revenue for the quarter came in at $410.3 million, up 13.3% year over year and ahead of the Wall Street estimate of $397.8 million. Non-GAAP earnings per share of $0.15 matched expectations.
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