Uipath stock price forecast shares of UiPath closed above their

Shares of UiPath closed above their 50-day moving average for three consecutive sessions, fueling optimism among momentum investors. The "UiPath stock price forecast" now incorporates this technical strength, suggesting probability for continuation toward $27 influenced by stable institutional buying and favorable macroeconomic conditions for SaaS players. The company raised its revenue forecast. It now expects third-quarter fiscal 2025 revenues to be in the $345-$350 million range compared with the preceding quarter’s $300-$305 million. The company also raised its fiscal 2025 revenue guidance to $1.420-1.425 billion from the preceding quarter’s $1.405-$1.410 billion. The management was optimistic about PATH’s actions to drive operational efficiencies and streamline its business, which made them raise the guidance. Several hedge funds have recently made changes to their positions in PATH. Twin Peaks Wealth Advisors LLC bought a new stake in shares of UiPath during the 2nd quarter worth about $28,000. Versant Capital Management Inc increased its holdings in UiPath by 198.6% during the 1st quarter. Versant Capital Management Inc now owns 2,962 shares of the company's stock valued at $31,000 after purchasing an additional 1,970 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of UiPath by 320.4% during the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock worth $32,000 after acquiring an additional 1,887 shares during the last quarter. CX Institutional bought a new position in shares of UiPath in the 1st quarter worth $36,000. Finally, GAMMA Investing LLC raised its stake in shares of UiPath by 48.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock valued at $38,000 after purchasing an additional 969 shares during the period. Institutional investors and hedge funds own 62.50% of the company's stock. Technical chart analysis shows UiPath approaching a resistance area last tested in January