What is KeyCorp’s Estimate for Appian Q2 Earnings?

Appian Corporation (NASDAQ:APPN) – Equities researchers at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for shares of Appian in a report released on Wednesday, July 15th. KeyCorp analyst D. Au anticipates that the company will post earnings per share of ($0.15) for the quarter. The consensus estimate for Appian’s current full-year earnings is $0.34 per share. KeyCorp also issued estimates for Appian’s Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.32 EPS, FY2026 earnings at $0.39 EPS, Q4 2027 earnings at $0.36 EPS and FY2027 earnings at $0.78 EPS.

Appian (NASDAQ:APPN) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.19 by $0.08. The business had revenue of $202.18 million for the quarter, compared to the consensus estimate of $191.56 million. Appian had a net margin of 0.12% and a negative return on equity of 26.12%. The company’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm 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.

Other research analysts have also issued reports about the stock. UBS Group set a $25.00 price objective on shares of Appian in a research note on Thursday, April 30th. Citigroup dropped their target price on Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. DA Davidson cut their price target on Appian from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 price target (down from $41.00) on shares of Appian in a research report on Thursday, April 30th. Finally, Barclays boosted their price objective on Appian from $21.00 to $23.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $26.00.

Appian Stock Up 7.0%

NASDAQ APPN opened at $27.35 on Monday. The firm has a market cap of $2.01 billion, a P/E ratio of 2,737.74 and a beta of 0.85. The company’s 50 day moving average is $23.56 and its 200-day moving average is $24.43. Appian has a 12-month low of $18.63 and a 12-month high of $46.06.

Institutional Investors Weigh In On Appian

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Tudor Investment Corp ET AL boosted its holdings in shares of Appian by 203.9% in the 3rd quarter. Tudor Investment Corp ET AL now owns 369,871 shares of the company’s stock worth $11,307,000 after purchasing an additional 248,169 shares in the last quarter. RPD Fund Management LLC purchased a new position in shares of Appian during the 1st quarter valued at about $94,496,000. Lead Edge Capital Management LLC lifted its position in Appian by 18.5% in the 1st quarter. Lead Edge Capital Management LLC now owns 1,905,634 shares of the company’s stock worth $45,945,000 after buying an additional 296,845 shares during the last quarter. Vanguard Group Inc. lifted its position in Appian by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 6,095,904 shares of the company’s stock worth $215,917,000 after buying an additional 159,956 shares during the last quarter. Finally, Cinctive Capital Management LP lifted its position in Appian by 59.0% in the 4th quarter. Cinctive Capital Management LP now owns 295,603 shares of the company’s stock worth $10,470,000 after buying an additional 109,682 shares during the last quarter. Hedge funds and other institutional investors own 52.70% of the company’s stock.

Insider Buying and Selling

In other news, CRO Mark Dorsey acquired 5,227 shares of Appian stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $19.13 per share, with a total value of $99,992.51. Following the completion of the purchase, the executive owned 13,993 shares in the company, valued at approximately $267,686.09. The trade was a 59.63% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew W. Calkins sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $24.72, for a total transaction of $1,236,000.00. Following the sale, the chief executive officer directly owned 1,719,144 shares in the company, valued at $42,497,239.68. This trade represents a 2.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.81% of the stock is currently owned by company insiders.

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.