RBC Capital Maintains a Hold on UiPath Inc. (PATH), Sets a $12 PT

UiPath Inc. (NYSE:PATH) is one of the most promising future stocks according to Wall Street analysts. In a report released on August 12, Matthew Hedberg from RBC Capital maintained a Hold rating on UiPath Inc. (NYSE:PATH), with a price target of $12.00.

Why UiPath Inc. (PATH) Crashed On Monday

A symbolic representation of innovation, with a programmer working on a laptop in front of robotic arms and low code development environment.

UiPath Inc. (NYSE:PATH) reported a revenue of $357 million for fiscal Q1 2026, reflecting a growth of 6% year-over-year. ARR for the quarter reached $1.693 billion, up 12% year-over-year.

Management also reported $119 million in cash flow from operations, while the non-GAAP adjusted free cash flow reached $117 million.

UiPath Inc. (NYSE:PATH) develops and provides a software platform that automates business processes. Its UiPath Platform™ allows robots, AI agents, people, and models to collaborate and revolutionize industries and enhance human potential as the world moves into an agentic future.

The company also offers claims processing automation, payable automation, finance and accounting automation, and contact center automation.

While we acknowledge the potential of PATH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PATH and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.