UiPath Inc. (NYSE:PATH) is one of the best AI software stocks to buy according to hedge funds.
UiPath Inc. (NYSE:PATH) announced on June 16, Maestro Case, which is a new AI-native UiPath agentic case management capability available as part of the UiPath Maestro™ business orchestration capabilities
It further stated that Maestro Case “extends governed orchestration and automation to complex and exception-laden case management”, which allows enterprises to manage dynamic, long-running cases with increased control, visibility, and execution speed. In a separate development, BMO Capital cut the price target on UiPath Inc. (NYSE:PATH) to $13 from $14 on June 1 and maintained a Market Perform rating on the shares. The firm told investors in a research note that UiPath Inc. (NYSE:PATH) delivered a good start to FY27 with revenue upside.
However, Net New Annual Recurring Revenue was modestly below consensus on a constant currency basis. BMO believes that the larger AI-driven deals and strength in enterprise cohorts will drive net new ARR growth. UiPath Inc. (NYSE:PATH) is involved in the development and provision of a software platform to automate business processes.