由于RPA领导地位，UiPath在Overweight启动：KeyBanc

"With improved execution, and an uptick in expansion/platform adoption activity in recent quarters, we believe the go-to-market and leadership changes over the last two years are beginning to bear fruit, which could translate to potential ARR growth upside of +20% in FY25 and FY26," according to KeyBanc analyst Jason Celino and others in a note.

UiPath continues to add new products to its portfolio, such as Task Mining, Communications Mining and Document Understanding. Also, as more companies integrate generative artificial intelligence into their businesses, it should help as UiPath has leveraged AI in its products for years, Celino added.

Despite UiPath facing competitive pressure from other horizontal software vendors such as Microsoft (MSFT) and Salesforce (CRM), UiPath continues to be the dominant player in the automation space holding a 36% market share, KeyBanc and Gartner data shows.

UiPath has a Buy rating from both Wall Street and Seeking Alpha analysts. It has a Hold rating from Seeking Alpha's quant system, which regularly beats the market.