5 Best Affordable AI Stocks to Buy Right Now

3. UiPath, Inc. (NYSE:PATH)

Forward P/E: 13.00

On May 15, RBC Capital lowered its price target on UiPath, Inc. (NYSE:PATH) to $12 from $14. It reaffirmed a “Sector Perform” rating on the shares. The firm noted a cautious stance ahead of Q1 results, stating the company must show sustained progress in non-seed pricing while job postings “look negative.”

Separately, on May 5, UiPath, Inc. (NYSE:PATH) reported the launch of agentic AI capabilities within its Automation Suite to support on-premises and self-hosted positioning for government agencies and regulated industries. The company said the platform enables agencies to deploy AI using cloud-hosted or self-hosted models while maintaining control over data residency and compliance requirements.

The company also reported that the suite runs across AWS, Microsoft Azure, and OpenShift, integrating orchestration through UiPath Maestro and supporting end-to-end workflow automation. Chris Radich, public sector CTO, said the firm works on helping agencies control data and AI usage while running workflows end to end and meeting security and compliance standards.

UiPath, Inc. (NYSE:PATH) develops and provides a software platform for automating business operations. The company services the public, healthcare, telecommunications, finance, and banking sectors. It also automates accounts payable, claims processing, contact center, and finance and accounting automation.