Appian Corporation (NASDAQ:APPN) Short Interest Update

Appian Corporation (NASDAQ:APPN) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,776,473 shares, an increase of 31.8% from the January 29th total of 2,866,121 shares. Based on an average trading volume of 1,283,653 shares, the days-to-cover ratio is currently 2.9 days. Approximately 9.1% of the company’s shares are sold short. Approximately 9.1% of the company’s shares are sold short. Based on an average trading volume of 1,283,653 shares, the days-to-cover ratio is currently 2.9 days.

Appian Stock Performance

Shares of NASDAQ:APPN opened at $26.67 on Monday. The firm has a market cap of $1.97 billion, a P/E ratio of 2,667.00 and a beta of 0.90. Appian has a 52-week low of $21.77 and a 52-week high of $46.06. The business’s 50 day simple moving average is $29.47 and its two-hundred day simple moving average is $32.32.

Appian (NASDAQ:APPN) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.04. Appian had a net margin of 0.17% and a negative return on equity of 11.83%. The business had revenue of $202.87 million during the quarter, compared to the consensus estimate of $189.33 million. The business’s revenue was up 21.7% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. On average, equities analysts forecast that Appian will post -0.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

APPN has been the topic of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. TD Cowen reduced their price target on Appian from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. Morgan Stanley set a $41.00 target price on Appian in a report on Friday, February 20th. DA Davidson set a $25.00 price target on shares of Appian in a research report on Friday, February 20th. Finally, UBS Group set a $21.00 price target on shares of Appian in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $30.00.

Institutional Trading of Appian

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APPN. EverSource Wealth Advisors LLC lifted its holdings in Appian by 282.5% during the third quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock valued at $25,000 after purchasing an additional 599 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of Appian during the 4th quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 buying an additional 846 shares during the period. Kestra Advisory Services LLC purchased a new position in Appian in the 4th quarter valued at approximately $34,000. Finally, Allworth Financial LP grew its stake in Appian by 175.2% in the 3rd quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after buying an additional 720 shares in the last quarter. 52.70% of the stock is owned by institutional investors.

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.