Appian Corporation (NASDAQ:APPN) Given Average Recommendation of “Reduce” by Brokerages

Shares of Appian Corporation (NASDAQ:APPN) have been assigned an average recommendation of “Reduce” from the seven research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $26.00.

Several analysts have weighed in on APPN shares. Citigroup lowered their price objective on Appian from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, May 8th. TD Cowen decreased their target price on shares of Appian from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 price target (down from $41.00) on shares of Appian in a report on Thursday, April 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. Finally, UBS Group set a $25.00 price target on shares of Appian in a report on Thursday, April 30th.

Insider Activity

In other Appian news, CRO Mark Dorsey purchased 5,227 shares of Appian stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $19.13 per share, for a total transaction of $99,992.51. Following the acquisition, the executive directly owned 13,993 shares in the company, valued at approximately $267,686.09. This trade represents a 59.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $24.72, for a total value of $1,236,000.00. Following the transaction, the chief executive officer directly owned 1,719,144 shares of the company’s stock, valued at $42,497,239.68. The trade was 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 owned by company insiders.

Institutional Trading of Appian

Several large investors have recently added to or reduced their stakes in APPN. Aster Capital Management DIFC Ltd purchased a new position in Appian during the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Appian by 693.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock worth $30,000 after purchasing an additional 846 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Appian during the 4th quarter valued at about $34,000. Allworth Financial LP boosted its stake in shares of Appian by 175.2% during the 3rd quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after purchasing an additional 720 shares in the last quarter. Finally, KBC Group NV purchased a new position in shares of Appian during the first quarter valued at about $31,000. Institutional investors own 52.70% of the company’s stock.

Appian Trading Up 0.6%

Shares of NASDAQ:APPN opened at $25.33 on Thursday. The stock has a market capitalization of $1.86 billion, a P/E ratio of 2,535.54 and a beta of 0.85. The stock’s 50-day moving average price is $22.80 and its 200-day moving average price is $25.06. Appian has a 12-month low of $18.63 and a 12-month high of $46.06.

Appian (NASDAQ:APPN) last released its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.08. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The company had revenue of $202.18 million during the quarter, compared to analyst estimates of $191.56 million. During the same quarter in the previous year, the company posted $0.13 EPS. Appian’s revenue for the quarter was up 21.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. As a group, research analysts predict that Appian will post 0.25 EPS for the current year.

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.