UiPath Inc. (NYSE:PATH) saw Morgan Stanley analyst Sanjit Singh raise the price target to $19 from $15 with an Equal Weight rating after a strong FQ3 2026 earnings report. The company reported its first-ever GAAP profitable third quarter with a GAAP operating income of $13 million and total revenue reaching $411 million.

UiPath continues to shift towards an Agentic AI platform, integrating with OpenAI, Microsoft, NVIDIA, Google, and Snowflake. Developments include collaboration with OpenAI for a ChatGPT connector and recognition by Gartner as a leader in Intelligent Document Processing and AI-augmented software testing. Revenue for FQ4 2026 is estimated between $462 and $467 million.

UiPath Inc. (NYSE:PATH) provides an automation platform with RPA solutions and AI, ML, and NLP capabilities. While PATH offers potential, other AI stocks may have greater upside. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Morgan Stanley Upgrades UiPath (PATH) Following Strong FQ3 2026 Earnings Beat and Profitability Milestone