On September 30, UiPath rose 5.15% in regular trading, trading at approximately $12.96/share, with turnover of $104 million. The rally was driven by the company's announcement of an expanded collaboration with Snowflake, connecting Snowflake's governed data platform to UiPath's business orchestration and automation platform to enable two-way data synchronization for customers.

In addition, UiPath announced a day earlier a deepened partnership with accounting firm BDO USA to co-develop AI agent solutions for risk management, compliance, and controls transformation. The dual partnership expansions helped address market concerns about UiPath's ability to broaden its product ecosystem, providing a rebound catalyst after shares fell sharply following DA Davidson's downgrade to underperform on September 28, with a price target slashed to $10 from $16. Multiple firms including UBS, Truist, and RBC Capital Markets had also trimmed their targets to $14-$15, citing limited evidence of growth re-acceleration. RBC previously noted that UiPath's transition to its BOAT platform remains a \"show-me story,\" making these new partnerships a tangible step toward validating that narrative.

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