Appian Corporation (NASDAQ:APPN) Receives Average Recommendation of “Hold” from Analysts

Appian Corporation (NASDAQ:APPN) has been given an average recommendation of “Hold” by the eight research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $30.00.

A number of equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Appian from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. DA Davidson set a $25.00 price target on shares of Appian in a research note on Friday, February 20th. Barclays cut their price target on shares of Appian from $34.00 to $21.00 and set an “underweight” rating for the company in a report on Friday, February 20th. Finally, Morgan Stanley set a $41.00 price target on shares of Appian in a research report on Friday, February 20th.

Appian Stock Performance

NASDAQ:APPN opened at $25.74 on Friday. Appian has a one year low of $21.77 and a one year high of $46.06. The stock has a market cap of $1.90 billion, a PE ratio of 2,574.00 and a beta of 0.92. The stock has a 50 day moving average price of $28.10 and a 200 day moving average price of $32.18.

Appian (NASDAQ:APPN) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The company had revenue of $202.87 million for the quarter, compared to analyst estimates of $189.33 million. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. As a group, analysts predict that Appian will post -0.28 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Appian

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its holdings in shares of Appian by 282.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in Appian in the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. lifted its position in Appian by 693.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock valued at $30,000 after buying an additional 846 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Appian in the fourth quarter valued at about $34,000. Finally, Allworth Financial LP boosted its stake in Appian by 175.2% during the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock worth $35,000 after buying an additional 720 shares during the period. Hedge funds and other institutional investors own 52.70% of the company’s stock.

Appian Company Profile

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.