UiPath Inc. (PATH) Announces Maestro Case

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. The company serves the healthcare, public, finance, telecommunication, and banking industries, and also offers claims processing automation, accounts payable automation, finance and accounting automation, and contact center automation.

While we acknowledge the potential of PATH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.