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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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