Expectations trend
FY2028 · fiscal year ending 2028-01-31 · fmp
UiPath (PATH)
NYSEInformation TechnologySoftware - InfrastructureSnapshot 2026-11-05
$13.01-3.70%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - InfrastructureSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.92 → 0.92 EPS · FY ending Jan 31, 2028 · 11 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 6, 2026 to Nov 5, 2026: (new ÷ prior − 1). Contributor count changed from 11 to 11; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for PATH yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Cash from operations rises to about $132M in Q1 FY27 | Cash from operations rises sharply to $132M. | Intact | Cash from operations falls below $80M in Q1 FY27 | Cash from operations: $30.699M FY2027-Q2; GAAP. Published target: >= $130M. Target period is not explicitly aligned with this observation. Sep 8, 202630,699,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “• Net cash flow from operations was $31 million.” “• Net cash flow from operations was $132 million.” |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-01-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
PATH is a growth-and-profitability transition story, not yet a durable compounder: it is still classified as loss-making despite recent improvement in GAAP operating income. The long-term thesis is intact, but confidence has eased from high to medium.
Valuation evidence is mixed: PATH is described as cheap versus peers, while a separate measure shows a 48% premium versus peers. The expectations gap is negative, and the overall pricing tag is justified, with low measured fragility; this points to a market view that is not clearly stretched, but the valuation model has only medium confidence.
Near term, revenue and ARR growth have continued, and GAAP operating income moved from a loss to a profit between 2025-Q3 and 2026-Q3. Cash from operations remains positive but fell across the latest three reported quarters, so cash-flow progress is mixed. Management priorities are on track for growth and profitability, while a possible guidance cut and recent peer misses remain risks.
Over the next few quarters, the thesis depends on continued revenue and ARR growth, durable operating profitability, and steadier cash generation. A guidance cut would be a meaningful negative; rate cuts or stabilization among large technology peers could support the sector backdrop, though neither is assured.
For a 1-3 year view, PATH has improving growth and operating results, but the loss-making classification, uneven cash flow, and elevated risk leave execution as the central test. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Operating income improves to about $28M in Q1 FY27 | Profit improves from loss to $28M operating income. | Broken | Operating income falls below $10M in Q1 FY27 | Operating income: $31.604M FY2027-Q2; GAAP. Published target: >= $28M. Target period is not explicitly aligned with this observation. Sep 8, 202631,604,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “• GAAP operating income was $32 million.” “• GAAP operating income was $28 million.” Operating income was $13.071 million in 2026-Q3. Delivery assessment Nov 5, 2026 |
Partnerships with Microsoft and Google Cloud strengthen market position | Partnerships with Microsoft and Google strengthen its market position. | Intact | Loss of major partnerships or failure to expand alliances | Qualitative condition This condition has no defined numerical measure. Nov 5, 2026Last status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue grows to about $1.78B in fiscal 2027 | UiPath grows revenue about 17% yearly, hitting $1.78B next fiscal year. | Intact | Revenue falls below $1.6B in FY27 | Revenue: $410.256M FY2027-Q2; GAAP. Published target: ~$1.78B. Annual target cannot be compared with a quarterly or TTM observation. Sep 8, 2026410,256,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “Document UiPath Reports Second Quarter Fiscal 2027 Financial Results Revenue of $410 million increased 13 percent year-over-year ARR of $1.938 billion increased 12 percent year-over-year GAAP operating income of $32 million and non-GAAP operating income of $89 million Announces leadership changes to drive next phase of growth and appointment of new Board member NEW YORK, NY – September 3, 2026 – UiPath, Inc. (NYSE: PATH), a leader in business orchestration and automation, today announced financial results for its second quarter fiscal 2027 ended July 31, 2026.” Revenue was $411.113 million in 2026-Q3. Delivery assessment Nov 5, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.90 → $0.92 · observed estimates
$1.93B → $1.94B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-25 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-26 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-27 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-28 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-29 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-30 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-07-31 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-01 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-02 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-03 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-04 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-05 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-06 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-07 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-08 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-09 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-10 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-12 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-13 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-14 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-15 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-16 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-17 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-18 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-19 | $0.90 | $1,927,929,115 | 11 / 14 |
| 2026-08-20 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-21 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-22 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-23 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-24 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-25 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-26 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-27 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-28 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-29 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-30 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-08-31 | $0.90 | $1,927,926,852 | 11 / 14 |
| 2026-09-01 | $0.90 | $1,928,661,375 | 11 / 14 |
| 2026-09-02 | $0.90 | $1,928,661,375 | 11 / 14 |
| 2026-09-03 | $0.90 | $1,928,661,375 | 11 / 14 |
| 2026-09-04 | $0.92 | $1,934,081,811 | 11 / 14 |
| 2026-09-05 | $0.92 | $1,941,040,805 | 11 / 14 |
| 2026-09-06 | $0.92 | $1,941,040,805 | 11 / 14 |
| 2026-09-07 | $0.92 | $1,941,040,805 | 11 / 14 |
| 2026-09-08 | $0.93 | $1,943,203,709 | 11 / 14 |
| 2026-09-09 | $0.93 | $1,943,203,709 | 11 / 14 |
| 2026-09-10 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-11 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-12 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-13 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-14 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-15 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-16 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-17 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-18 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-19 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-20 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-21 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-22 | $0.92 | $1,943,760,545 | 11 / 15 |
| 2026-09-23 | $0.92 | $1,943,788,175 | 11 / 15 |
| 2026-09-24 | $0.92 | $1,943,788,175 | 11 / 15 |
| 2026-09-25 | $0.92 | $1,943,960,725 | 11 / 15 |
| 2026-09-26 | $0.92 | $1,943,960,725 | 11 / 15 |
| 2026-09-27 | $0.92 | $1,943,960,725 | 11 / 15 |
| 2026-09-28 | $0.92 | $1,943,960,725 | 11 / 15 |
| 2026-09-29 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-09-30 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-01 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-02 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-03 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-04 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-05 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-06 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-07 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-08 | $0.92 | $1,942,745,725 | 11 / 15 |
| 2026-10-09 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-10 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-11 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-12 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-13 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-14 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-15 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-16 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-17 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-18 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-19 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-20 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-21 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-22 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-23 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-24 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-25 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-26 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-27 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-28 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-29 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-30 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-10-31 | $0.92 | $1,942,745,725 | 11 / 16 |
| 2026-11-01 | $0.92 | $1,940,627,079 | 11 / 15 |
| 2026-11-02 | $0.92 | $1,940,627,079 | 11 / 15 |
| 2026-11-03 | $0.92 | $1,940,627,079 | 11 / 15 |
| 2026-11-04 | $0.92 | $1,940,627,079 | 11 / 15 |
| 2026-11-05 | $0.92 | $1,940,627,079 | 11 / 15 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 15 Hold · 2 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Dec 2, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.