UiPath price target lowered to $25 from $30 at Scotiabank

Scotiabank lowered the firm’s price target on UiPath to $25 from $30 and keeps a Sector Perform rating on the shares. Shares have been meaningfully pulled back since Q4 results and the bar heading into Q1 is a bit lower, however, the firm sees more limited upside to ARR and expects more in-line results, the analyst tells investors. The firm sees 2H of 2025 as more of a catalyst for shares but acknowledges there is likely minimal downside to current levels should estimates remain unchanged in the near term.