PATH · PEAD ↓ 80

UiPath reported Q2 FY2027 EPS of $0.09 on 2026-09-03, beating the $0.04 consensus by $0.05 (+125%), though no prior-year comparable is available in our feed.

Print-day reaction was a muted +1.3% versus the prior close, barely registering given the magnitude of the EPS beat. The overnight gap to the T+1 open was a sharp −10.9%, suggesting the after-hours market sharply repriced the print — likely on revenue or forward guidance factors not captured in the EPS headline. The Day 1–3 drift extended the damage, falling a further −10.7% from T+1 close to T+3 close, with no stabilisation in sight. Cumulative abnormal return of −24.2% versus SPY.US firmly places this in PEAD short territory; the documented drift pattern is held through 2026-12-01.