UiPath shares slide about 16% after softer Q3 FY27 guidance; Canaccord cuts rating to Hold
AI Market Summary
UiPath shares sold off sharply after management's fiscal Q3 revenue guidance implied a meaningful deceleration in growth, outweighing a Q2 beat and a higher full-year outlook. Canaccord's downgrade to Hold underscores valuation sensitivity after the stock's recent run-up and highlights intensifying competition in automation/orchestration and weaker-than-expected subscription upside. A CFO transition adds incremental execution uncertainty into the next quarters.
Impact level
● Medium
Affected assets
NCSKPATH2USD/USDT-7.37%
AI Insight · NCSKPATH2USD/USDTAI Insight
▼ Bearish
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UiPath shares fell about 16% on Friday after the automation software company’s fiscal third-quarter outlook pointed to revenue growth slowing from 13.4% in Q2 FY27 to about 8%. The weaker Q3 FY27 guidance outweighed a Q2 revenue beat and an upgraded full-year outlook. After the results, Canaccord Genuity raised its price target on PATH to $17 from $15 but downgraded the stock to Hold from Buy.
