What is DA Davidson’s Estimate for Appian Q2 Earnings?

Appian Co. (NASDAQ:APPN) – Research analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Appian in a note issued to investors on Monday, June 9th. DA Davidson analyst W. Jellison anticipates that the company will post earnings of ($0.27) per share for the quarter. DA Davidson currently has a “Hold” rating on the stock. The consensus estimate for Appian’s current full-year earnings is ($0.28) per share. DA Davidson also issued estimates for Appian’s FY2025 earnings at ($0.34) EPS and FY2026 earnings at ($0.04) EPS.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.10. Appian had a negative net margin of 14.95% and a negative return on equity of 532.05%. The company had revenue of $166.43 million for the quarter, compared to the consensus estimate of $163.27 million. During the same quarter last year, the firm posted ($0.24) earnings per share. The firm’s revenue was up 11.1% compared to the same quarter last year.

A number of other brokerages have also recently commented on APPN. Citigroup raised their target price on Appian from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Tuesday, May 13th. Barclays upped their price target on Appian from $28.00 to $33.00 and gave the stock an “underweight” rating in a research report on Friday, May 9th. Scotiabank lowered their price objective on Appian from $37.00 to $34.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 24th. Finally, Morgan Stanley increased their target price on shares of Appian from $27.00 to $29.00 and gave the stock an “equal weight” rating in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $36.29.

Appian Price Performance

Shares of Appian stock opened at $31.45 on Wednesday. Appian has a 1-year low of $24.00 and a 1-year high of $43.33. The company’s fifty day simple moving average is $30.09 and its 200-day simple moving average is $32.51. The stock has a market capitalization of $2.33 billion, a PE ratio of -24.96 and a beta of 1.75.

Insider Buying and Selling

In other Appian news, major shareholder Abdiel Capital Advisors, Lp sold 225,720 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $32.21, for a total value of $7,270,441.20. Following the completion of the transaction, the insider now directly owns 7,853,441 shares in the company, valued at $252,959,334.61. This represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 2,141,195 shares of company stock worth $67,441,394. 43.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Appian

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Appian by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 5,028,472 shares of the company’s stock valued at $165,839,000 after acquiring an additional 23,890 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Appian by 347,121.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,579,858 shares of the company’s stock valued at $45,516,000 after purchasing an additional 1,579,403 shares during the last quarter. Lead Edge Capital Management LLC boosted its holdings in shares of Appian by 5.7% during the 4th quarter. Lead Edge Capital Management LLC now owns 1,528,085 shares of the company’s stock valued at $50,396,000 after purchasing an additional 83,000 shares during the last quarter. First Trust Advisors LP grew its position in shares of Appian by 7.1% during the fourth quarter. First Trust Advisors LP now owns 1,263,405 shares of the company’s stock valued at $41,667,000 after purchasing an additional 83,708 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Appian by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 972,203 shares of the company’s stock worth $32,071,000 after purchasing an additional 14,710 shares during the last quarter. Hedge funds and other institutional investors own 52.70% of the company’s stock.

About Appian

Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.