RBC Turns More Constructive on UiPath (PATH), Raises PT Following Investor Meetings

UiPath Inc. (NYSE:PATH) is one of the AI Stocks Analysts Are Watching Closely.  On December 10, RBC Capital raised its price target on the stock to $19.00 from $16.00 while maintaining a “Sector Perform” rating on the stock.

The rating affirmation follows post-Q3 FY26 investor meetings with the management, with analysts expressing confidence regarding PATH’s potential for continued stabilization in net new annual recurring revenue (NNARR) and better profitability metrics. However, execution remains critical amid the agentic AI market debate.

“The market continues to debate UiPath’s positioning in an increasingly agentic world, but if recent stable business trends can continue, the stock has the potential to move higher. Increase PT to $19 from $16 on a higher likelihood for stabilization to continue into Q4/26.”

UiPath Inc. (NYSE:PATH) is a well-known software as a service (SaaS) enterprise that develops AI-powered automation platforms to help businesses transform their operations.

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.