UiPath shares fall 8% in a week after DA Davidson downgrade to Underperform

  • DA Davidson downgraded UiPath to Underperform and cut its price target to $10.
  • UiPath shares declined 8% over seven days and traded at $12.23.
  • UiPath insiders sold 1.56 million shares worth $24.7 million over 90 days.

UiPath shares have fallen 8% over the past week after DA Davidson downgraded the stock to Underperform from Neutral and cut its price target to $10. The shares traded at $12.23 and moved below the 50-day moving average of $14.53, while approaching the 200-day average of $12.24. DA Davidson analyst Lucky Schreiner cited customer resistance to AI pricing following UiPath’s FUSION conference and subsequent Investor Day presentations, where the company outlined vertical-focused offerings, pre-built solutions and expanded orchestration deployments. Wall Street’s consensus remains Hold, with a $15.69 average target, although several firms have reduced their forecasts. UiPath exceeded second-quarter revenue expectations with $410.26 million in sales, while reporting earnings per share of $0.15. Insiders sold 1.56 million shares worth $24.7 million over the past 90 days as the stock traded within a 52-week range of $9.20 to $19.84.

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