PATH

Interested in UiPath, Inc.? Here are five stocks we like better. UiPath exceeded its Q2 fiscal 2027 guidance: ARR rose 12% year over year to $1.938 billion, revenue increased 13% to $410 million, and non-GAAP operating income reached $89 million. The company also posted its fourth consecutive quarter of GAAP profitability. AI adoption is strengthening the platform: 18 of the company’s 20 largest deals included AI, as customers increasingly use UiPath to orchestrate AI agents, robots, APIs and human workflows. UiPath also reported early coding-agent productivity gains of nearly 60% and growing traction in industry-specific solutions. UiPath reaffirmed its fiscal 2027 outlook for revenue of $1.789 billion to $1.794 billion, ARR of $2.065 billion to $2.070 billion and approximately $445 million in non-GAAP operating income. The company ended the quarter with $1.4 billion in cash and no debt while transitioning to Hitesh Ramani as CFO. UiPath Fell on Good News—That Could Be the Opportunity UiPath (NYSE:PATH) reported second-quarter fiscal 2027 results that exceeded its guidance, with annualized recurring revenue, revenue and profitability all rising as the company emphasized demand for its automation, orchestration and artificial intelligence capabilities. Founder and Chief Executive Officer Daniel Dines said ARR reached $1.938 billion, up 12% year over year, while revenue rose 13% to $410 million. The company generated $37 million in net new ARR during the quarter and posted non-GAAP operating income of $89 million, representing a 22% margin. UiPath also recorded its fourth consecutive quarter of GAAP profitability, with GAAP operating income of $32 million compared with a GAAP operating loss of $20 million a year earlier. → Boarding Call: EHang Secures First-Mover Altitude 5 AI Stocks Positioned to Win, No Matter What “We delivered another strong quarter with continued execution,” Dines said, pointing to improved go-to-market performance, operational discipline and product innovation. Management said customers are increasingly using UiPath’s platform to manage complex business processes that incorporate AI agents, software robots, application programming interfaces and human decision-making. Dines described the company’s approach as combining AI for tasks where reasoning adds value with deterministic, or rules-based, automation where enterprises require consistent execution and lower costs. → Medtronic’s Stars Are Aligning for a Price Recovery The Next Market Leaders? 5 Growth Stocks to Watch in 2026 According to Dines, 18 of UiPath’s top 20 deals during the quarter included AI. He said AI-related platform adoption is contributing to larger expansions and helping customers consolidate automation and AI workloads onto UiPath’s platform. The company cited several customer deployments, including an expansion with a global insurance provider that is using UiPath IXP, Maestro agents and robots to modernize beneficiary claims processing. UiPath also said the Department of Defense expanded its partnership to support audit and reconciliation work, adding Autopilot, intelligent document processing and test automation capabilities. → Dutch Bros Sell-Off Creates a Growth Opportunity A leading financial institution selected UiPath as a platform for end-to-end process orchestration after determining that Maestro could coordinate homegrown applications while meeting governance and compliance requirements, management said. Dines said customers are seeking platforms that can “build, orchestrate, test, and govern the entire process,” rather than relying on separate point solutions. The company also highlighted a top Canadian bank as one of its largest new customer wins, saying the bank selected UiPath for agentic workflows involving third-party demands processes. UiPath said it is seeing early productivity gains from coding agents used alongside its forward-deployed engineers. Dines said initial results indicate coding agents have reduced effort by nearly 60%, though he characterized the work as still being in a proving stage. During the question-and-answer session, Dines said the focus is less on changing the number of forward-deployed engineers and more on reducing customers’ time to value. He added that the technology could also benefit implementation partners and customers that use partner-delivered services. The company also announced a developer-oriented workflow automation tool in public preview. The offering is designed to allow developers to use coding agents such as Raw Code, Codex, Cursor and GitHub Copilot to orchestrate processes and automate manual tasks through APIs and agents, while maintaining enterprise governance. UiPath said it is pairing its horizontal automation platform with more vertical, outcome-oriented offerings. During the quarter, a Fortune Global 500 manufacturer selected its Office of the CFO invoice solution for accounts-payable operations covering roughly 700,000 invoices annually. UiPath said the proof of concept delivered 96% document-processing accuracy and a 50% reduction in invoice-handling time and support. In healthcare, a U.S. health system selected UiPath’s denials resolution offering for medical-claim denials. Management said the customer expects the solution to automate appeals across inpatient and outpatient operations and pursue claims that had previously fallen below the threshold for manual review. Dines also cited traction in revenue-cycle management, financial-crimes and compliance offerings, accounts-payable automation and loan origination. UiPath said its WorkFusion integration is progressing according to plan and is building customer pipeline in financial services. Chief Operating Officer Ashim Gupta said revenue growth was 16% after normalizing for an approximately $8 million year-over-year foreign-exchange headwind. ARR received a $1 million year-over-year FX tailwind. Cloud ARR, including hybrid and software-as-a-service deployments, exceeded $1.3 billion and increased more than 19%. UiPath ended the quarter with about 10,350 customers. Customers with more than $30,000 in ARR increased 6%, while customers with at least $100,000 in ARR rose 10% to 2,666. The number of customers generating $1 million or more in ARR increased 21% to 387. Dollar-based gross retention was 97%. Dollar-based net retention was 109%, up two points year to date; it was 108% after adjusting for FX. Remaining performance obligations rose 14% to $1.378 billion, or 16% excluding FX effects. Overall gross margin was 82%, while software gross margin was 90%. Non-GAAP adjusted free cash flow was $31 million, compared with $45 million a year earlier, primarily due to the timing of tax-related payments. UiPath ended the quarter with $1.4 billion in cash equivalents and marketable securities and no debt. Stock-based compensation expense declined 42% to $45 million and represented 11% of revenue, down more than 1,000 basis points from the prior-year period. The company repurchased 2.4 million shares at an average price of $9.63 during the quarter. UiPath announced that Gupta will focus exclusively on his role as COO, while Hitesh Ramani succeeds him as CFO. Ramani joined UiPath in 2021 as chief accounting officer and had served as deputy CFO for the previous two years. Dines said the transition was planned and expected to provide continuity across the finance organization. For the third fiscal quarter, UiPath forecast revenue of $440 million to $445 million, ARR of $1.992 billion to $1.997 billion and non-GAAP operating income of about $100 million. The revenue outlook includes an expected $10 million year-over-year FX headwind, while ARR guidance includes a $4 million FX headwind. For fiscal 2027, the company expects revenue of $1.789 billion to $1.794 billion, ARR of $2.065 billion to $2.070 billion and non-GAAP operating income of approximately $445 million. UiPath reaffirmed expectations for about $425 million in non-GAAP adjusted free cash flow and an approximately 84% non-GAAP gross margin for the full year. Management said it plans to provide additional detail on its longer-term strategy and product roadmap at its Investor Day on Sept. 22, followed by its FUSION user conference in Las Vegas from Sept. 23 through Sept. 25. UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "UiPath Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

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, September 03, 2026--(BUSINESS WIRE)--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. "I am pleased with our second quarter results, demonstrating disciplined execution and the growing momentum across our platform," said Daniel Dines, UiPath Founder and Chief Executive Officer. "AI is expanding what enterprises can automate, while increasing the need for the orchestration, governance, and exactness that deterministic automation provides. Our ability to bring AI agents, robots, systems, and people together to execute end-to-end business processes positions UiPath at the center of this opportunity. We have spent the past two years transforming our platform and strengthening our execution, and I am excited about the opportunity ahead." Second Quarter Fiscal 2027 Financial Highlights Revenue of $410 million increased 13 percent year-over-year. ARR of $1.938 billion as of July 31, 2026 increased 12 percent year-over-year. Net new ARR of $37 million. Dollar based net retention rate of 109 percent. GAAP gross margin was 80 percent. Non-GAAP gross margin was 82 percent. GAAP operating income was $32 million. Non-GAAP operating income was $89 million. Net cash flow from operations was $31 million. Non-GAAP adjusted free cash flow was $31 million. Cash, cash equivalents, and marketable securities were $1.405 billion as of July 31, 2026. "We delivered another strong quarter, exceeding guidance across all key financial metrics," said Ashim Gupta, UiPath Chief Operating Officer. "Our results reflect the operating discipline we’ve instilled across the business, and the momentum we’re seeing from customers and partners around our platform gives us confidence as we head into the second half of the year." Leadership and Board of Directors Changes As UiPath enters its next phase of growth, the Company is sharpening leadership focus and accountability across its executive team. Ashim Gupta will focus exclusively on his role as Chief Operating Officer, concentrating his leadership on driving execution across sales, demand generation, and delivery. Hitesh Ramani has been promoted to Chief Financial Officer, building on his role as Deputy CFO and Chief Accounting Officer since 2021. Brad Brubaker has been named Chief Legal & Administrative Officer, expanding his oversight to include the People organization. Together, these changes sharpen accountability across finance, operations, and legal, positioning UiPath's leadership team for this next chapter of growth. In addition, UiPath appointed Yazdi Bagli, Executive Vice President, IT and Enterprise Business Services at Kaiser Permanente (currently on a leave of absence while pursuing a fellowship at Harvard University), to its Board of Directors, bringing deep technology, enterprise transformation, and operational leadership experience to the Board. "UiPath has the opportunity to help define business orchestration and automation by fundamentally transforming how work gets done," said Hitesh Ramani, UiPath Chief Financial Officer. "Having partnered with Ashim, our leadership team, and our employees since 2021, I am excited to turn that opportunity into sustainable growth and long term value creation, through disciplined execution." Financial Outlook For the third quarter fiscal 2027, UiPath expects: Revenue in the range of $440 million to $445 million ARR in the range of $1.992 billion to $1.997 billion as of October 31, 2026 Non-GAAP operating income of approximately $100 million For the full year fiscal 2027, UiPath expects: Revenue in the range of $1.789 billion to $1.794 billion ARR in the range of $2.065 billion to $2.070 billion as of January 31, 2027 Non-GAAP operating income of approximately $445 million. Reconciliation of non-GAAP operating income guidance to the most directly comparable GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity, and low visibility with respect to the charges excluded from this non-GAAP measure; in particular, the effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in our stock price. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results. Recent Business Highlights Introduced Maestro Case to Orchestrate Dynamic, Exception-Heavy Business Processes: UiPath launched Maestro Case, an AI-native case management capability governing dynamic, exception-laden processes like investigations and approvals across systems and people. For enterprises operating hybrid workflows, Maestro Case replaces workflows dominated by disconnected information and data with governed, visible orchestration. Launched UiPath Maestro Flow: UiPath announced UiPath Maestro™ Flow, a developer-first orchestration canvas combining the speed of modern, AI-native development with enterprise-grade durability and governance. Using Maestro Flow, builders can use any coding agent to design, run, observe, and govern an end-to-end process as a single artifact, from prototype to production — no rewrite required to ship. Conference Call and Webcast UiPath will host a webcast today, Thursday, September 3, 2026, at 5:00 p.m. Eastern Time, to discuss the Company's second quarter fiscal 2027 financial results and its guidance for the third quarter and full year fiscal 2027. The live webcast and replay details of the event will be available on the "Investor Relations" page of UiPath's website at https://ir.uipath.com. About UiPath UiPath (NYSE: PATH) is a leader in business orchestration and automation, trusted by organizations worldwide to transform enterprise complexity into intelligent, secure operations where AI agents reason, robots act, and people lead. Built for the modern enterprise and the world's most regulated industries, UiPath integrates automation, orchestration, AI, and testing into governed, scalable workflows—unlocking innovation at the speed of business while delivering the controls and compliance enterprise leaders demand. Visit www.uipath.com for more information. Forward-Looking Statements Statements we make in this press release may include statements which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, which are usually identified by the use of words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "intend," "may," "outlook," "plan," "possible," "potential," "predict," "project," "seek," "should," "target," "will," "would," and variations of such words or similar expressions, including the negatives of these words or similar expressions. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are making this statement for purposes of complying with those safe harbor provisions. These forward-looking statements include, but are not limited to, statements regarding: our financial guidance for the third fiscal quarter 2027 and the full fiscal year 2027; our ability to drive and accelerate future growth and operational efficiency and grow our platform, product offerings, and market opportunity; our business strategy; plans and objectives of management for future operations; the estimated addressable market opportunity for our platform and the growth of the enterprise automation market; the success of our platform and new releases including the incorporation of AI; the success of our collaborations with third parties; our customers’ behaviors and potential automation spend; and details of UiPath’s stock repurchase program. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our expectations regarding our revenue, annualized renewal run-rate (ARR), expenses, and other operating results; our ability to effectively manage our growth and sustain profitability; our ability to acquire new customers and successfully retain existing customers; the ability of the UiPath Platform™ to satisfy and adapt to customer demands and our ability to increase its adoption; our ability to grow our platform and release new functionality in a timely manner, including integration of artificial intelligence and machine learning technologies and capabilities; our ability to responsibly develop and use AI technologies in compliance with evolving legal and regulatory requirements; future investments in our business, our anticipated capital expenditures, and our estimates regarding our capital requirements; the costs and success of our marketing efforts and our ability to evolve and enhance our brand; our growth strategies; the estimated addressable market opportunity for our platform and for orchestration and automation in general; our reliance on key personnel and our ability to attract, integrate, and retain highly-qualified personnel and execute management transitions; our ability to obtain, maintain, and enforce our intellectual property rights and any costs associated therewith; the effect of significant events with macroeconomic impacts, including but not limited to military conflicts, changes in international trade policies, and other changes in geopolitical relationships and inflationary cost trends, on our business, industry, and the global economy; our reliance on third-party providers of cloud-based infrastructure and large language models; our ability to compete effectively with existing competitors and new market entrants, including new, potentially disruptive technologies; the size and growth rates of the markets in which we compete; and the price volatility of our Class A common stock. Further information on risks that could cause actual results to differ materially from our guidance and other forward-looking statements can be found in our Annual Report on Form 10-K for the fiscal year ended January 31, 2026, filed with the United States Securities and Exchange Commission (SEC) on March 25, 2026, and other filings and reports that we may file from time to time with the SEC. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements. Key Performance Metric Annualized Renewal Run-rate (ARR) is the key performance metric we use in managing our business because it illustrates our ability to acquire new subscription customers and to maintain and expand our relationships with existing subscription customers. We define ARR as annualized invoiced amounts per solution SKU from subscription licenses and maintenance and support obligations assuming no increases or reductions in customers’ subscriptions. ARR does not include the costs we may incur to obtain such subscription licenses or provide such maintenance and support. ARR also does not reflect nonrecurring rebates payable to partners (upon establishing sufficient history of their nonrecurring nature), the impact of nonrecurring incentives (such as one-time discounts provided under sales promotional programs), and any actual or anticipated reductions in invoiced value due to contract non-renewals or service cancellations other than for certain reserves (for example those for credit losses or disputed amounts). ARR does not include invoiced amounts associated with perpetual licenses or professional services. ARR is not a forecast of future revenue, which is impacted by contract start and end dates and duration. ARR should be viewed independently of revenue and deferred revenue as ARR is an operating metric and is not intended to replace these items. Dollar-based net retention rate represents the rate of net expansion of our ARR from existing customers over the preceding 12 months. We calculate dollar-based net retention rate as of a period end by starting with ARR from the cohort of all customers as of 12 months prior to such period end (Prior Period ARR). We then calculate the ARR from these same customers as of the current period end (Current Period ARR). Current Period ARR includes any expansion and is net of any contraction or attrition over the preceding 12 months but does not include ARR from new customers in the current period. We then divide total Current Period ARR by total Prior Period ARR to arrive at dollar-based net retention rate. Dollar-based net retention rate may fluctuate based on the customers that qualify to be included in the cohort used for calculation and may not reflect our actual performance. Investors should not place undue reliance on ARR or dollar-based net retention rate as an indicator of future or expected results. Our presentation of these metrics may differ from similarly titled metrics presented by other companies and therefore comparability may be limited. Non-GAAP Financial Measures Non-GAAP financial measures are financial measures that are derived from the condensed consolidated financial statements, but that are not presented in accordance with generally accepted accounting principles in the United States (GAAP). This earnings press release includes financial measures defined as non-GAAP financial measures by the SEC, including non-GAAP cost of licenses, non-GAAP cost of subscription services, non-GAAP cost of professional services and other, non-GAAP gross profit and margin, non-GAAP sales and marketing expenses, non-GAAP research and development expenses, non-GAAP general and administrative expenses, non-GAAP operating income and margin, and non-GAAP net income and non-GAAP net income per share. These non-GAAP financial measures exclude: stock-based compensation expense; amortization of acquired intangibles; employer payroll tax expense related to employee equity transactions; restructuring costs; charitable donation of Class A common stock; change in fair value of contingent consideration; and in the case of non-GAAP net income, estimated tax adjustments associated with the add-back items, as applicable. Additionally, this earnings release presents non-GAAP adjusted free cash flow, which is calculated by adjusting GAAP operating cash flows for the impact of purchases of property and equipment, cash paid for employer payroll taxes related to employee equity transactions, net payments/receipts of employee tax withholdings on stock option exercises, and cash paid for restructuring costs. UiPath uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors by excluding the effects of items that do not reflect the ordinary earnings of our operations, and as a supplement to GAAP measures. UiPath believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing its financial results with other companies in UiPath’s industry, many of which present similar non-GAAP financial measures to investors. Investors should consider these non-GAAP financial measures in addition to, and not as a substitute for, our financial performance measures prepared in accordance with GAAP. Further, our non-GAAP information may be different from the non-GAAP information provided by other companies. The information below provides a reconciliation of non-GAAP financial measures used in this earnings press release to the most directly comparable GAAP financial measures. We encourage investors to consider our GAAP results alongside our supplemental non-GAAP measures, and to review the reconciliation between GAAP results and non-GAAP measures that is included at the end of this earnings press release. This earnings press release and any future releases containing such non-GAAP reconciliations can also be found on the Investor Relations page of UiPath’s website at https://ir.uipath.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260903970620/en/ Contacts Investor Relations Contact Allise [email protected] UiPath Media Contact [email protected] UiPath

UiPath (PATH) came out with quarterly earnings of $0.15 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this enterprise automation software developer would post earnings of $0.15 per share when it actually produced earnings of $0.15, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. UiPath, which belongs to the Zacks Internet - Software industry, posted revenues of $410.26 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 3.19%. This compares to year-ago revenues of $361.73 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. UiPath shares have added about 9.8% since the beginning of the year versus the S&P 500's gain of 12%. While UiPath has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for UiPath was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.19 on $440.99 million in revenues for the coming quarter and $0.80 on $1.78 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Braze, Inc. (BRZE), has yet to report results for the quarter ended July 2026. The results are expected to be released on September 8. This company is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +6.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Braze, Inc.'s revenues are expected to be $220.21 million, up 22.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UiPath, Inc. (PATH) : Free Stock Analysis Report Braze, Inc. (BRZE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

NetApp (NTAP) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +21.13%. A quarter ago, it was expected that this data storage company would post earnings of $2.27 per share when it actually produced earnings of $2.43, delivering a surprise of +7.05%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. NetApp, which belongs to the Zacks Computer- Storage Devices industry, posted revenues of $2.03 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 9.86%. This compares to year-ago revenues of $1.56 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. NetApp shares have added about 71% since the beginning of the year versus the S&P 500's gain of 11.5%. While NetApp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for NetApp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.20 on $1.86 billion in revenues for the coming quarter and $9.07 on $7.56 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer- Storage Devices is currently in the top 4% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Computer and Technology sector, UiPath (PATH), is yet to report results for the quarter ended July 2026. The results are expected to be released on September 3. This enterprise automation software developer is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. UiPath's revenues are expected to be $397.59 million, up 9.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NetApp, Inc. (NTAP) : Free Stock Analysis Report UiPath, Inc. (PATH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

GitLab Inc. (GTLB) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post earnings of $0.2 per share when it actually produced earnings of $0.23, delivering a surprise of +15%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Gitlab, which belongs to the Zacks Internet - Software industry, posted revenues of $286.25 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 4.74%. This compares to year-ago revenues of $235.96 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Gitlab shares have added about 24% since the beginning of the year versus the S&P 500's gain of 12.3%. While Gitlab has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Gitlab was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.18 on $281.04 million in revenues for the coming quarter and $0.81 on $1.12 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, UiPath (PATH), has yet to report results for the quarter ended July 2026. The results are expected to be released on September 3. This enterprise automation software developer is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. UiPath's revenues are expected to be $397.59 million, up 9.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GitLab Inc. (GTLB) : Free Stock Analysis Report UiPath, Inc. (PATH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

In its upcoming report, UiPath (PATH) is predicted by Wall Street analysts to post quarterly earnings of $0.15 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $397.59 million, representing a year-over-year increase of 9.9%. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. That said, let's delve into the average estimates of some UiPath metrics that Wall Street analysts commonly model and monitor. It is projected by analysts that the 'Revenue- Licenses' will reach $114.60 million. The estimate indicates a change of +2.2% from the prior-year quarter. The consensus among analysts is that 'Revenue- Professional Services and other' will reach $11.86 million. The estimate points to a change of +5.9% from the year-ago quarter. According to the collective judgment of analysts, 'Revenue- Subscription services' should come in at $271.07 million. The estimate indicates a year-over-year change of +13.7%. Analysts' assessment points toward 'ARR' reaching $1.93 billion. The estimate is in contrast to the year-ago figure of $1.72 billion. Based on the collective assessment of analysts, 'Net New ARR' should arrive at $30.50 million. Compared to the present estimate, the company reported $31.00 million in the same quarter last year. Analysts predict that the 'Dollar based net retention rate' will reach 109.0%. The estimate compares to the year-ago value of 108.0%. View all Key Company Metrics for UiPath here>>> Over the past month, UiPath shares have recorded returns of +42.2% versus the Zacks S&P 500 composite's +3.9% change. Based on its Zacks Rank #3 (Hold), PATH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UiPath, Inc. (PATH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

UiPath (PATH) surged 8% and Pegasystems (PEGA) gained 5% Thursday despite neither company reporting earnings, driven entirely by sector momentum. Salesforce (CRM) beat revenue, raised full-year guidance, and launched ClaudeForce with Anthropic, jumping 10% and lifting the software ETF IGV 3%. C3.ai reports September 2 and UiPath reports September 3, giving investors the first hard earnings test of whether this sector re-rating survives. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and UiPath didn't make the cut. Grab the names FREE today. Software's post-earnings bid is broadening past the names that actually reported. UiPath (NYSE:PATH) stock is up 9% to $18.20 in Thursday morning trading, and Pegasystems (NASDAQ:PEGA) stock is up 4% to $35.29. Neither company reported this week, which makes the size of both moves the interesting part. There's no verified company-specific catalyst behind UiPath stock today. UiPath did issue a Thursday morning press release announcing that CEO Daniel Dines has published a book on orchestrating AI agents, automation, and people inside the enterprise, but a book announcement carries too little weight to explain a move of this size. The mechanism that does hold up is sector momentum from Wednesday's software earnings, plus an oversold-name bounce in the beaten-down agentic-AI cohort. The broader software complex is riding the same wave. The iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is up 3% to $105.19, while the Invesco QQQ Trust (NASDAQ:QQQ) is up 1% to $718.40, a much tamer move that pins this rally to software rather than large-cap tech in general. Salesforce (NYSE:CRM) reported fiscal Q2 2027 after Wednesday's close, beat on revenue, raised its full-year guide, and announced an expanded partnership with Anthropic tied to a new product the two are calling ClaudeForce. Salesforce stock is up 10% to $226.80 on the results, and that report is the origin of Thursday's software bid. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and UiPath didn't make the cut. Grab the names FREE today. The read-through matters for automation and agentic-AI vendors because Salesforce management framed enterprise AI as an orchestration problem sitting on top of trusted data, workflows, business rules, and governance. That's essentially the pitch UiPath and Pegasystems have been making to their own customers, which is why the bid is spilling into non-reporters that fit the same theme. When the largest enterprise software vendor validates that framing on an earnings call and raises guidance behind it, the market tends to reward every name that maps to the same idea. The common thread across today's software winners is that they are beaten-down agentic-AI names catching a lift on someone else's results. Also, C3.ai (NYSE:AI) stock is up 5% to $10.23, another oversold enterprise-AI name that did not report and had no fresh company-specific news of its own on the wires this morning. Underlying setups vary materially by name. UiPath stock was up 44% over the past month through Wednesday's close, so Thursday's session is compounding an existing recovery in a name that had already gone from left-for-dead to one of the sharper software rebounds of the summer. Pegasystems stock was down 43% year to date through Wednesday's close, so today's bid there looks more like an oversold reaction to a friendlier sector narrative than a fundamental re-rating driven by anything the company itself said or did. A one-year picture reinforces the divergence. UiPath stock was up 55% over the trailing year through Wednesday's close, while Pegasystems stock was down 35% over the same window. Both are up meaningfully Thursday for reasons that live outside their own fundamentals, which is what makes today a sector re-rating rather than a stock-picker's session. Positioning ahead of UiPath's September earnings report is a plausible contributing factor rather than a confirmed cause. Dines has been telegraphing UiPath's positioning in agentic AI for months, writing in his new book that the real project "is producing a governed description of how the business actually works — the map — and the machinery that executes stable parts exactly — the rails." That framing dovetails cleanly with what Salesforce told the market on Wednesday. Investors can watch for whether today's gains hold into Thursday's close and whether sell-side desks publish read-through notes lifting price targets on UiPath and Pegasystems on the back of the Salesforce results. A follow-through session in the IGV ETF would confirm this is a genuine sector re-rating rather than a one-day chase. UiPath is scheduled to report fiscal Q2 2027 results after the close on September 3, which is where the first fundamental confirmation of today's move will arrive. Pegasystems reports in late October, giving that name a longer runway before its own catalyst arrives. C3.ai reports on September 2, and its response will be the cleanest early test of whether this rally survives a real earnings check. A cautious position size may be warranted given that Thursday's move rests on someone else's numbers. Rallies built on read-through can unwind on read-through when the next earnings check arrives, and investors sizing their exposure into next week's PATH and AI reports should weigh the strong monthly momentum already in the chart against the absence of a company-specific catalyst today. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and UiPath didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections.