Appian Corporation (NASDAQ:APPN) Receives Consensus Recommendation of “Hold” from Analysts

Appian Corporation (NASDAQ:APPN) has earned an average rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $31.00.

A number of equities research analysts have issued reports on the company. Morgan Stanley upped their target price on Appian from $25.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. DA Davidson boosted their price objective on shares of Appian from $34.00 to $42.00 and gave the stock a “neutral” rating in a research note on Friday, August 14th. TD Cowen decreased their price objective on shares of Appian from $27.00 to $24.00 and set a “hold” rating for the company in a report on Friday, May 15th. Zacks Research upgraded shares of Appian from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Finally, Weiss Ratings downgraded shares of Appian from a “sell (d+)” rating to a “sell (e+)” rating in a report on Thursday, August 20th.

Insiders Place Their Bets

In other Appian news, CEO Matthew Calkins sold 50,000 shares of Appian stock in a transaction that occurred on Tuesday, July 7th. The stock was 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Appian

Several hedge funds and other institutional investors have recently modified their holdings of APPN. RPD Fund Management LLC acquired a new position in Appian during the 1st quarter valued at $94,496,000. California State Teachers Retirement System grew its position in Appian by 2,204.5% in the 2nd quarter. California State Teachers Retirement System now owns 838,071 shares of the company’s stock worth $19,192,000 after purchasing an additional 801,704 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Appian by 86.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock worth $39,470,000 after purchasing an additional 600,336 shares during the period. Bank of America Corp DE increased its holdings in shares of Appian by 182.7% during the 2nd quarter. Bank of America Corp DE now owns 237,421 shares of the company’s stock worth $7,089,000 after purchasing an additional 524,420 shares during the period. Finally, Caption Management LLC raised its position in shares of Appian by 127.3% during the second quarter. Caption Management LLC now owns 80,472 shares of the company’s stock valued at $2,403,000 after buying an additional 375,758 shares during the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

Appian Price Performance

Appian stock opened at $40.82 on Friday. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of -272.12 and a beta of 0.94. Appian has a one year low of $18.63 and a one year high of $46.06. The company’s fifty day moving average price is $30.53 and its two-hundred day moving average price is $25.83.

Appian (NASDAQ:APPN) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $203.26 million during the quarter, compared to analysts’ expectations of $193.38 million. Appian had a negative return on equity of 35.20% and a negative net margin of 1.34%.The company’s quarterly revenue was up 19.1% compared to the same quarter last year. Appian has set its FY 2026 guidance at 1.040-1.120 EPS and its Q3 2026 guidance at 0.310-0.350 EPS. As a group, sell-side analysts anticipate that Appian will post 0.45 earnings per share 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.