UiPath’s stock price surged by over 18% on December 4, 2025, reaching $17.58, following the company’s impressive third-quarter fiscal 2026 earnings report that surpassed analyst expectations across all key metrics. The automation software provider exceeded projected revenue and EPS figures, highlighting robust performance driven by its strong market position and strategic restructuring efforts. TD Cowen raised its price target from $13 to $16 while maintaining a Hold rating, reflecting increased confidence in the company’s growth trajectory. UiPath delivered impressive third-quarter results with adjusted earnings per share of $0.16 on revenue reaching $411.11 million, showcasing year-over-year growth and exceeding analyst expectations. The company also achieved substantial annualized recurring revenue (ARR) of approximately $1.782 billion, a 11% increase from the prior year, highlighting sustained customer adoption. CEO Daniel Dines attributed the strong performance to successful restructuring initiatives in sales operations and cost management, emphasizing UiPath’s unified platform approach to agentic automation. The company projected fourth-quarter revenue between $462 million and $467 million, with ARR expected to reach $1.844 billion to $1.849 billion by January 31, 2026. TD Cowen’s analyst commentary highlighted UiPath’s early agentic solutions driving adoption of other platform components while its Federal business remains unaffected by government shutdown impacts. The firm’s new price target indicates a growth potential reflected in a 18 times enterprise value to free cash flow ratio and approximately 4 times enterprise value to sales, respectively. The company’s strong financial position with significant cash reserves and minimal debt further underscores UiPath’s resilience and its ability to navigate market volatility. The article discusses the stock performance including trading volume exceeding average levels and market capitalization reaching $9.38 billion. Analyst opinions indicate a more positive outlook requires improvement in dollar-based net retention, which remained flat at 107% quarter-over-quarter, and further confidence in the company’s ability to return to net new incremental annual recurring revenue growth for fiscal year 2027.