UiPath (PATH) Nears 52-Week High as Earnings Impress

We recently published 10 Stocks With Effortless 14-25% Gains. UiPath Inc. (NYSE:PATH) is one of the best performers on Thursday.

UiPath extended its winning streak to a fifth straight session on Thursday, to nearly hit its 52-week price, as investors took heart from an impressive earnings performance in the third quarter of fiscal year 2026.

At intra-day trading, UiPath Inc. (NYSE:PATH) soared to its highest price of $18.70—just 4 cents shy of its 52-week high of $18.74 recorded on October 5.

In an updated report, UiPath Inc. (NYSE:PATH) said it swung to a net income of $198.8 million from a $10.6 million net loss in the same period last year.

Revenues increased by 15.9 percent to $411 million from $354.6 million year-on-year. Annual recurring revenues (ARR) also ended at $1.782 billion.

“We delivered solid third quarter results, exceeding guidance across the board and achieving our first GAAP profitable third quarter,” said UiPath Inc. (NYSE:PATH) Chief Finance and Operating Officer Ashim Gupta.

“The progress we’ve made in strengthening our operating rhythm and execution is showing up in our results, and we feel well-positioned as we head into the end of the year.”

Looking ahead, the company is targeting revenues between $462 million and $467 million, as well as ARR of $1.844 billion to $1.849 billion.

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