Appian Corporation (NASDAQ:APPN) Given Consensus Recommendation of “Hold” by Brokerages

Appian Corporation (NASDAQ:APPN) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $26.00.

APPN has been the topic of a number of research analyst reports. Citigroup lowered their price target on Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. TD Cowen lowered their price target on Appian from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Friday. UBS Group set a $25.00 price target on Appian in a research note on Thursday, April 30th. Zacks Research raised Appian from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 22nd. Finally, Barclays lifted their price target on Appian from $21.00 to $23.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th.

Appian Price Performance

Appian stock opened at $21.71 on Wednesday. The stock has a market capitalization of $1.59 billion, a PE ratio of 2,173.17 and a beta of 0.88. Appian has a 12 month low of $18.63 and a 12 month high of $46.06. The business has a 50 day simple moving average of $22.91 and a 200-day simple moving average of $29.56.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.08. The business had revenue of $202.18 million during the quarter, compared to analysts’ expectations of $191.57 million. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The business’s revenue was up 21.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. On average, equities research analysts anticipate that Appian will post 0.38 EPS for the current fiscal year.

Insider Activity

In other news, CRO Mark Dorsey purchased 5,227 shares of the stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $19.13 per share, with a total value of $99,992.51. Following the completion of the purchase, the executive directly owned 13,993 shares of the company’s stock, valued at approximately $267,686.09. The trade was a 59.63% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 44.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Appian

A number of institutional investors and hedge funds have recently added to or reduced their stakes in APPN. RPD Fund Management LLC acquired a new position in Appian during the first quarter worth $94,496,000. Wolf Hill Capital Management LP boosted its stake in Appian by 298.1% during the third quarter. Wolf Hill Capital Management LP now owns 995,210 shares of the company’s stock worth $30,424,000 after buying an additional 745,210 shares during the last quarter. Vanguard Group Inc. boosted its stake in Appian by 13.0% during the third quarter. Vanguard Group Inc. now owns 5,935,948 shares of the company’s stock worth $181,462,000 after buying an additional 681,643 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Appian by 86.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock worth $39,470,000 after buying an additional 600,336 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Appian by 182.7% during the second quarter. Bank of America Corp DE now owns 237,421 shares of the company’s stock worth $7,089,000 after buying an additional 524,420 shares during the last quarter. Institutional investors and hedge funds 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.