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UiPath, Inc. (NYSE:PATH) reported Monday that its shareholders approved all proposals presented at the company’s annual meeting held Thursday. The information is based on a statement from the company’s recent SEC filing.
At the meeting, holders of approximately 94.53% of the company’s total voting power were represented in person or by proxy, meeting the quorum requirements.
Shareholders elected eight directors to serve on the board until the 2026 annual meeting. The directors elected were Daniel Dines, Philippe Botteri, Michael Gordon, Sivaramakichenane Somasegar, Daniel Springer, Karenann Terrell, Richard P. Wong, and June Yang. Each director received a majority of votes cast in favor, with “for” votes ranging from about 2.87 billion to 2.94 billion and “withheld” votes ranging from approximately 2.6 million to 73.5 million.
The shareholders also approved, on a non-binding advisory basis, the compensation of UiPath’s named executive officers. The “say-on-pay” proposal received about 2.93 billion votes in favor, 10.85 million against, and 429,682 abstentions.
In addition, the selection of KPMG LLP as UiPath’s independent registered public accounting firm for the fiscal year ending January 31, 2026, was ratified. The vote to ratify KPMG LLP received 2.99 billion votes in favor, 424,358 against, and 342,292 abstentions.
No other business was brought before the annual meeting.
UiPath, Inc. is incorporated in Delaware and its Class A common stock is listed on the New York Stock Exchange under the symbol PATH. The information above is based on a press release statement filed with the Securities and Exchange Commission.
In other recent news, UiPath Inc. has reported strong financial results, exceeding revenue expectations by over $20 million, as highlighted by Truist Securities. The company’s management attributed this success to strong execution, particularly in the $100K+ annual recurring revenue customer segment. Canaccord Genuity expressed optimism by raising their price target to $16, maintaining a Buy rating, and noting an increase in revenue estimates by $30 million for the fiscal year 2027. Meanwhile, BofA Securities increased their price target to $12, acknowledging UiPath’s stable execution and successful cloud offerings, although they maintained an Underperform rating. TD Cowen also raised their price target to $15, recognizing the company’s outperformance in revenue and EBIT figures, but kept a Hold rating due to ongoing uncertainties. RBC Capital Markets increased their price target to $15, maintaining a Sector Perform rating, and pointed out UiPath’s stable performance and optimistic outlook for fiscal year 2026. These developments reflect a cautiously optimistic view from analysts, with varying degrees of confidence in UiPath’s ability to navigate market challenges and capitalize on growth opportunities.
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