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LAS VEGAS - UiPath (NYSE:PATH), a $6.67 billion market cap automation leader with impressive 83% gross profit margins, has formed a partnership with Snowflake to integrate UiPath's Agentic Automation platform with Snowflake Cortex AI, according to a press release issued Tuesday. According to InvestingPro analysis, UiPath currently appears undervalued based on its Fair Value assessment.
The collaboration aims to help businesses convert data insights into automated actions across enterprise processes without requiring changes to existing systems.
The integration allows UiPath Maestro to orchestrate Snowflake's data agents, enabling them to act directly on insights from both structured and unstructured data stored in Snowflake's platform.
"By connecting with UiPath's Agentic Automation, customers can now move seamlessly from insight to action," said Baris Gultekin, Vice President of AI at Snowflake. "Together, we're empowering organizations to not only understand their data in real time, but also to execute on it with precision."
Graham Sheldon, Chief Product Officer at UiPath, noted that "data is only as valuable as the actions it drives," adding that the combined solution allows customers to "turn trusted insights into orchestrated action without reworking their existing systems."
Snowflake Cortex Agents are designed to retrieve insights by orchestrating across enterprise data, while UiPath's platform enables the execution of actions based on those insights.
The partnership connects Snowflake's data platform capabilities with UiPath's automation technology, allowing organizations to maintain their legacy systems while implementing new automated processes.
This information is based on a press release statement from UiPath. For deeper insights into UiPath's financial performance and growth prospects, InvestingPro subscribers can access comprehensive analysis, including 12 additional ProTips and detailed financial metrics in the Pro Research Report, helping investors make more informed decisions about this emerging tech leader.
In other recent news, UiPath Inc. reported second-quarter results that exceeded analyst expectations, with revenue, annual recurring revenue, and adjusted operating income surpassing estimates by 4.1%, 0.3%, and 55% respectively. Following these results, KeyBanc noted signs of stabilization in UiPath's U.S. public sector business and maintained a Sector Weight rating, highlighting the company's modest ARR beat and increased fiscal year 2026 ARR guidance to about 10.2% year-over-year growth. RBC Capital also maintained its Sector Perform rating and $12.00 price target, citing improved execution and outperformance across metrics despite foreign exchange challenges. Truist Securities, after recent investor meetings, expressed increased confidence in UiPath achieving or potentially exceeding its financial targets for the second half of fiscal year 2026, reiterating a Hold rating and a $12.00 price target. However, Truist lowered its price target from $13.00 to $12.00 due to reduced free cash flow estimates, despite describing the second-quarter results as "solid." Similarly, TD Cowen adjusted its price target from $15.00 to $13.00, maintaining a Hold rating, attributing the change to sector volatility. These developments reflect a mix of cautious optimism and sector-related adjustments among analysts following UiPath's recent performance.
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