Appian (NASDAQ:APPN) Issues FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.200-1.240 for the period, compared to the consensus estimate of 0.960. The company issued revenue guidance of $873.0 million-$877.0 million, compared to the consensus revenue estimate of $849.6 million. Appian also updated its Q4 2026 guidance to 0.300-0.340 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. William Blair upgraded shares of Appian from a “market perform” rating to an “outperform” rating in a report on Thursday. TD Cowen upped their price objective on Appian from $30.00 to $50.00 and gave the company a “hold” rating in a research report on Tuesday. DA Davidson increased their target price on Appian from $34.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, August 14th. Zacks Research downgraded Appian from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Finally, Barclays upped their price target on Appian from $26.00 to $30.00 and gave the company an “underweight” rating in a report on Tuesday, October 13th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.50.

Appian Stock Performance

Shares of NASDAQ APPN traded up $4.21 during midday trading on Thursday, hitting $54.03. 2,007,755 shares of the stock traded hands, compared to its average volume of 967,271. The firm has a 50-day moving average of $41.03 and a two-hundred day moving average of $29.30. The firm has a market capitalization of $3.87 billion, a P/E ratio of -360.18 and a beta of 0.84. Appian has a one year low of $18.63 and a one year high of $56.38.

Appian (NASDAQ:APPN) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. The company had revenue of $234.63 million during the quarter, compared to analyst estimates of $216.94 million. Appian had a negative return on equity of 35.20% and a negative net margin of 1.34%. Appian’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 earnings per share. Appian has set its FY 2026 guidance at 1.200-1.240 EPS and its Q4 2026 guidance at 0.300-0.340 EPS. Equities analysts forecast that Appian will post 0.46 earnings per share for the current fiscal year.

Insider Activity at Appian

In other news, CEO Matthew Calkins sold 45,000 shares of the stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $37.50, for a total value of $1,687,500.00. Following the transaction, the chief executive officer owned 1,584,144 shares in the company, valued at $59,405,400. This represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.81% of the stock is owned by insiders.

Appian News Summary

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Appian reported Q3 EPS of $0.51, above the $0.33 consensus estimate, and revenue of $234.63 million versus $216.94 million expected. Revenue grew 25.5% year over year, with cloud subscription revenue up 20% to $136.4 million. Appian Q3 2026 financial results
• Positive Sentiment: The company raised its FY 2026 outlook to EPS of $1.20–$1.24 and revenue of $873–$877 million, both above analyst consensus of $0.96 EPS and $849.6 million revenue. Appian reports strong Q3 and full-year guidance
• Positive Sentiment: William Blair upgraded APPN to Outperform, citing building momentum into year-end, adding to the positive investor response. William Blair upgrade
• Neutral Sentiment: Q4 revenue guidance of $233–$237 million is above the $228.1 million consensus. EPS guidance of $0.30–$0.34 reaches, but does not exceed, the $0.34 consensus at the top end, making the earnings outlook less clearly favorable. Appian Q4 revenue guidance

About Appian

Appian Corporation (NASDAQ: APPN) develops and provides a low-code platform designed to help organizations build, manage and automate business applications and processes. Its platform combines process orchestration, workflow automation, artificial intelligence, robotic process automation, case management and data management capabilities in a unified environment.

Appian’s software is used to improve operational efficiency, connect data and systems, and support applications such as customer service, compliance, supply chain management and government services.