Appian Corporation (NASDAQ:APPN) Receives $30.00 Consensus Target Price from Analysts

Shares of Appian Corporation (NASDAQ:APPN) have been given an average rating of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $30.00.

A number of analysts have recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Appian in a report on Monday, December 29th. TD Cowen decreased their price target on shares of Appian from $35.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Zacks Research cut shares of Appian from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Morgan Stanley set a $41.00 price target on shares of Appian in a research report on Friday, February 20th. Finally, Barclays decreased their price target on shares of Appian from $34.00 to $21.00 and set an “underweight” rating for the company in a research report on Friday, February 20th.

Institutional Trading of Appian

A number of institutional investors have recently added to or reduced their stakes in APPN. Millennium Management LLC boosted its position in Appian by 18.9% during the 1st quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock worth $8,721,000 after purchasing an additional 48,014 shares during the period. Goldman Sachs Group Inc. boosted its position in Appian by 2.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock worth $11,113,000 after purchasing an additional 8,319 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Appian by 2.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock worth $2,595,000 after purchasing an additional 2,244 shares during the period. PNC Financial Services Group Inc. boosted its position in Appian by 89.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company’s stock worth $36,000 after purchasing an additional 564 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Appian by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 208,832 shares of the company’s stock worth $6,236,000 after purchasing an additional 3,954 shares during the period. 52.70% of the stock is owned by hedge funds and other institutional investors.

Appian Stock Up 0.3%

APPN stock opened at $24.54 on Tuesday. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 2,454.00 and a beta of 1.00. The business has a fifty day simple moving average of $25.44 and a 200-day simple moving average of $31.37. Appian has a 52 week low of $21.77 and a 52 week high of $46.06.

Appian (NASDAQ:APPN) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. The business had revenue of $202.87 million during the quarter, compared to the consensus estimate of $189.33 million. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The firm’s revenue was up 21.7% on a year-over-year basis. 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 expect that Appian will post -0.28 earnings per share for the current fiscal year.

About Appian

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.