RBC Capital Maintains a Hold on UiPath Inc. (PATH)

UiPath Inc. (NYSE:PATH) is one of the best stocks under $20 to buy for the long term. In a report released on August 12, Matthew Hedberg from RBC Capital maintained a Hold rating on UiPath Inc. (NYSE:PATH), setting a price target of $12.00.

UiPath Inc. (NYSE:PATH) reported a 6% year-over-year growth in its fiscal Q1 2026 revenue to $357 million, while ARR rose 12% year-over-year to $1.693 billion.

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

UiPath Inc. (NYSE:PATH) develops and provides a software platform for the automation of business processes, serving the healthcare, telecommunication, public, banking, and finance industries.

The company’s offerings also include contact center automation, accounts payable automation, finance and accounting automation, and claims processing 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.

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