DA Davidson Lowers UiPath (PATH) Price Target to $13

UiPath, Inc. (NYSE:PATH) is among the 10 Best New AI Stocks to Buy.

On March 12, DA Davidson lowered the firm’s price target on UiPath, Inc. (NYSE:PATH) to $13 from $15 while maintaining a Neutral rating on the shares. The firm noted that while the company delivered solid fourth-quarter results, including a beat on annualized recurring revenue and a better-than-expected outlook, certain factors weighed on investor sentiment. These included the inorganic contribution from the acquisition of WorkFusion, foreign exchange tailwinds, and expectations for limited operating margin expansion.

The same day, TD Cowen also lowered its price target on UiPath, Inc. (NYSE:PATH) to $13 from $16 while maintaining a Hold rating. The firm highlighted steady fourth-quarter performance, including accelerating adoption of AI-driven automation solutions, stronger traction with large enterprise customers, and continued margin expansion. However, mixed factors such as FX-driven net new ARR growth and uncertainties around long-term growth drivers contributed to the cautious stance.

UiPath, Inc. (NYSE:PATH) is a global software company that develops artificial intelligence-driven automation and orchestration platforms. Its technology enables enterprises to build and deploy AI agents that automate complex workflows, positioning the company at the center of the growing enterprise automation and AI software market.

While we acknowledge the risk and potential of PATH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PATH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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