UiPath's first-quarter results also showed an Annual Recurring Revenue (ARR) of $1.693 billion, marking a 12% year-over-year increase, slightly surpassing BofA Securities' projection. Despite this positive performance, Truist Securities maintained a Hold rating with a $13.00 price target, while BofA Securities increased its price target to $12.00 but kept an Underperform rating. Canaccord Genuity expressed optimism by raising the price target to $16 and maintaining a Buy rating, citing UiPath's growth potential and improving financial performance. The company recently held its annual meeting, where shareholders approved all proposals, including executive pay and auditor appointments. Approximately 94.53% of the company's total voting power was represented, meeting quorum requirements. These developments reflect UiPath's ongoing efforts to stabilize and grow its business amidst restructuring and strategic changes.