UiPath shares rebound as Wall Street warms to its AI-agent pivot



UiPath spent much of the year as one of software’s biggest disappointments. Now the Romanian-founded automation firm is clawing back. Its first profit and an all-in bet on AI agents are the reason.

Shares in UiPath have rebounded in recent weeks. They are up around 15 per cent over the past five days, lifting the market value back toward $6bn. That still leaves the stock far below where most analysts think it belongs. It also bounces off a 52-week low near $9. But the mood has shifted, and a turnaround is starting to show up in the numbers.

In the quarter to the end of April, UiPath reported revenue of $418mn, up 17 per cent on a year earlier. The bottom line was more striking. It posted a GAAP operating profit of $28mn, and its first-ever profit in a first quarter, after a loss a year before.

That is a milestone for a business long used to losses. Annual recurring revenue reached $1.9bn, up 12 per cent, and the quarter beat the company’s own guidance.

From robots to agents

Behind the figures sits a strategic pivot. UiPath made its name in robotic process automation, the software robots that handle repetitive office tasks. AI now threatens that market, so the company is repositioning around agents.

Its pitch is to be the control layer for AI agents. It wants to help big firms deploy and govern agents at scale. That includes coding agents like Claude Code and OpenAI’s tools, running inside the systems firms already use.

The strategy leans on both deals and products. UiPath recently bought WorkFusion, a specialist in AI agents for financial-crime compliance, to push deeper into banking. Analyst house Forrester also named UiPath a leader in one of its enterprise reports. That is a useful stamp when selling to cautious corporate buyers.

Wall Street is not sold yet

The analyst community remains split. Needham lifted UiPath to a buy, citing enterprise AI adoption. Others stay guarded. Bank of America keeps an underperform rating, even after nudging its price target higher. It calls UiPath a “show-me” story until recurring revenue grows faster. Morgan Stanley sits on the fence with an equal-weight rating. The consensus lands on hold.

That caution reflects a bigger question over the sector. Say AI agents can write and run software on their own. Does a dedicated automation vendor still matter, or do the big model makers simply swallow it?

UiPath’s answer, echoed by founder Daniel Dines, is that enterprises will still need a trusted layer to orchestrate humans, AI, and automation together. That, it argues, is exactly what it sells.

UiPath is one of Europe’s biggest software success stories. It was founded in Bucharest and listed in New York in 2021 at a $35bn valuation. It is worth about $6bn today, a fraction of that. The recent bounce does not undo a hard year. But for the first time in a while, the company has a profit, a clearer story, and a market willing to listen.

Rivals such as SAP are racing down the same agentic path, and the prize goes to whoever enterprises trust to run it.



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Recent Reviews


Microsoft has spent the last several years pushing Copilot and new user interface designs, which has meant that several great features included with Windows don’t get the recognition that they deserve. These are some of my favorites that will run on any Windows 11-compatible PC.

Clipboard history remembers everything you copy

Win+V replaces one of the oldest frustrations in computing

Windows’s default clipboard has been a source of minor but constant annoyance: it holds exactly one thing. If you copy something new, the previous item is wiped out. It is enough of a problem that multiple third-party apps were created to address the shortcoming.

Now, Windows has Clipboard History built in, though it isn’t enabled by default. To turn it on, press Windows+i, then navigate to System > Clipboard, and click the toggle next to Clipboard history.

Once it is enabled, you can press Win+V to view up to 25 items in your clipboard history, including text, images, and links.

If you have specific pieces of information you use daily—like an email signature, a common code snippet, or a home address—you should pin up some of those items. Pinned items persist between system reboots and clipboard history clears, which means you never have to hunt to find something when you need it.

You can even enable sync in the Clipboard settings, allowing your copied text to follow you between different PCs signed in to the same Microsoft account. Once you get into the habit of using Win+V, the standard copy-paste function will feel useless by comparison.

Voice typing actually works now

Win+H lets you write with your voice

Notepad with Windows Voice Typing popup visible.

Windows dictation software has a reputation for being clunky and difficult to use, but that isn’t the case anymore. Thanks to the improvements in AI that we’ve seen since 2024, voice typing accuracy has improved significantly, especially for technical vocabulary. You don’t have to spend your time manually fixing formatting either. The tool supports punctuation commands like “period,” “new line,” and “question mark,” which prevents your text from turning into a rambling mess.

To use voice typing, press Windows+H anywhere there is a text field.

While it isn’t a full replacement for high-end professional software, it is free, built-in, and more than good enough for long-form writing, taking down a sudden idea, or writing quick messages when your hands are full.

Snap layouts make window management effortless

Hover over the maximize button and pick a layout

Notepad with the Windows Snap Layout window visible.

You can manually drag windows to the edges of your screen to split your display up, but you’re doing more work than is necessary in most cases. Windows’ Snap Layouts allow you to instantly arrange your Windows into predefined halves, thirds, or quarters. Just hover over the maximize button on any window or press Win+Z.

One of the most practical aspects of this system is the Snap Group. If you snap a browser and a document side-by-side, Windows remembers them as a pair. When you Alt+Tab, you can bring the entire group back together.

Live captions transcribe any audio on your device

Real-time subtitles for anything you’re watching

You can enable real-time subtitles for any audio playing through your speakers by going to Settings > Accessibility > Captions, or by pressing Win+Ctrl+L. The audio is processed locally on your device; nothing is sent to the cloud, which is critical if you’re privacy conscious or if whatever you’re captioning demands confidentiality.

I’ve mostly taken to using it when it is too hot to wear my headphones. I can just toggle it on and keep watching without disrupting anyone around me.

There are some hardware requirements you need to meet. Basic same-language captioning works on any Windows 11 PC running 22H2 and up, but if you want real-time translation, you will need Copilot+ hardware with an NPU and at least Windows 11 24H2.


The NZXT Capsule Elite USB microphone sitting on a desk.


Windows 11’s voice typing convinced me to skip Wispr Flow and other premium apps

Windows lets me turn my rambling thoughts into notes without typing anything.

Dynamic Lock locks your PC when you walk away

Pair your phone via Bluetooth and your computer can lock itself automatically

I can’t count how many times I’ve stepped away from my PC only to think, “Dang, I forgot to lock my PC.”

Fortunately, Windows has an easy way to handle that automatically by pairing your phone with your PC. When your phone gets out of range (about 20 feet in my house, though your wall materials and layout will affect that), your computer will automatically lock after about 30 seconds. There is no need to install a separate app on your phone, the setup just uses the Bluetooth connection itself. While the 30-second delay means it isn’t a guarantee no one can access my PC, it does mean it won’t remain unlocked if I step away for a long time.

I especially like this feature when I’m working on my laptop in public.

You can enable Dynamic Lock by navigating to Settings > Bluetooth & devices and pairing your phone, then enabling Dynamic Lock in Settings > Accounts > Sign-in options.


Microsoft includes tons of great tools if you dig for them

These tools aren’t alone either. There are tons of practical tools buried in Windows, unappreciated and underutilized.

Each of these tools takes less than a minute to enable, but they can make a significant difference in your day-to-day workflow. It is worth the small investment of time to find them and set them up.

If you’re looking for even more advanced customization options, I’d recommend checking out Microsoft PowerToys. It gives you a huge range of fantastic tools that make Windows much more pleasant to use.



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