--- title: "Why Is UiPath Stock Falling On Wednesday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286305123.md" description: "UiPath Inc. (PATH) stock fell 5.54% on Wednesday amid rising short interest and competitive concerns from Anthropic's new AI tools. Short interest increased to 115.09 million shares, representing 31.49% of the float. CEO Daniel Dines highlighted a shift in their platform with the introduction of coding agents. Investors are awaiting Q1 earnings on May 28, with expectations of 13 cents EPS and $397.47 million in revenue. Currently, PATH trades near its 52-week low of $9.27, significantly below its major moving averages." datetime: "2026-05-13T18:47:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286305123.md) - [en](https://longbridge.com/en/news/286305123.md) - [zh-HK](https://longbridge.com/zh-HK/news/286305123.md) --- # Why Is UiPath Stock Falling On Wednesday? **UiPath Inc.** (NYSE:PATH) shares traded lower on Wednesday, while the Nasdaq is up 1.40% while the S&P 500 has gained 0.71%. The move comes as investors weigh competitive pressure from **Anthropic**, which recently launched new agentic AI tools. Investors worry these tools might disrupt the core business model of the automation leader. On Tuesday, UiPath announced its UiPath for Coding Agents platform. This integration aims to bridge the gap between AI-generated code and enterprise governance. ## Short Interest Reaches New Highs Bearish sentiment has increased recently. Short interest in UiPath rose from 108.52 million to 115.09 million shares. Approximately 31.49% of the company's float is now held short. At an average daily volume of 22.27 million shares, it would take short sellers 5.17 days to cover their positions. ## CEO Daniel Dines on Agentic Shift CEO **Daniel Dines** addressed the evolution of the platform on Tuesday. "The emergence of coding agents signals a fundamental shift in the definition of a builder on our platform," Dines stated. He noted that the platform allows anyone to "direct a coding agent to produce" automation that is enterprise-ready. ## Q1 Earnings and Outlook The market now looks toward the first quarter earnings report on May 28. Analysts expect earnings per share of 13 cents. Revenue estimates sit at $397.47 million. Traders are monitoring whether UiPath's orchestration layer can withstand the heat from AI rivals like **OpenAI** and Google. ## Critical Technical Levels for UiPath (PATH) Stock PATH is still in a clear longer-term downtrend, trading well below its major moving averages: about 10.3% under the 20-day SMA of $10.56, 13.6% under the 50-day of $10.96, and roughly 27.3% under the 200-day of $13.03. ## What Does UiPath Do? UiPath offers an end-to-end cross-application enterprise automation platform built around computer vision and user interface automations, with its original RPA product still forming the base of the broader platform. It combines robotic process automation, APIs, and AI to automate repetitive workflows like claims processing, onboarding, invoice-to-cash, loan applications, and customer service. **PATH Price Action:** UiPath shares were down 5.54% at $9.45 at the time of publication on Wednesday. The stock is trading near its 52-week low of $9.27, according to Benzinga Pro data. _Photo: Ian Dewar Photography / Shutterstock_ ### Related Stocks - [PATH.US](https://longbridge.com/en/quote/PATH.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) ## Related News & Research - [UiPath For Coding Agents Prompts Fresh Look At UiPath (PATH) Valuation And Undervaluation Debate](https://longbridge.com/en/news/286344101.md) - [AI face is taking over — and driving plastic surgeons crazy](https://longbridge.com/en/news/286641783.md) - [Jack Antonoff tells people who are making AI art to 'drive right off that cliff'](https://longbridge.com/en/news/286592426.md) - [How Beaten-Down Tempus AI Stock Offers a Lottery Ticket for Traders Here](https://longbridge.com/en/news/286786866.md) - [Agentic AI Foundation Adds 43 New Members as Enterprise and Government Adoption of Open Agent Standards Accelerates | GDDY Stock News](https://longbridge.com/en/news/286784025.md)