Appian (NASDAQ:APPN) Trading Up 10.4% – Time to Buy?

Appian Corporation (NASDAQ:APPN)’s share price was up 10.4% during trading on Monday . The stock traded as high as $25.17 and last traded at $25.8290. Approximately 119,511 shares changed hands during trading, a decline of 88% from the average daily volume of 988,001 shares. The stock had previously closed at $23.40.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on APPN shares. Morgan Stanley reissued an “equal weight” rating and set a $25.00 price objective (down from $41.00) on shares of Appian in a research report on Thursday, April 30th. TD Cowen lowered their price target on Appian from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Friday, May 15th. UBS Group set a $25.00 price target on Appian in a research report on Thursday, April 30th. Barclays lifted their price target on Appian from $21.00 to $23.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Appian currently has an average rating of “Reduce” and a consensus price target of $26.00.

Appian Trading Down 3.9%

The firm has a fifty day moving average of $22.33 and a 200 day moving average of $28.78. The company has a market capitalization of $1.96 billion, a P/E ratio of 2,671.67 and a beta of 0.90.

Appian (NASDAQ:APPN) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $191.57 million. During the same period last year, the company earned $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. Sell-side analysts anticipate that Appian Corporation will post 0.25 EPS for the current fiscal year.

Insider Buying and Selling

In other Appian 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 cost of $19.13 per share, for a total transaction of $99,992.51. Following the acquisition, the executive owned 13,993 shares of the company’s stock, valued at $267,686.09. This represents a 59.63% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 44.00% of the company’s stock.

Institutional Investors Weigh In On Appian

Several large investors have recently bought and sold shares of APPN. EverSource Wealth Advisors LLC grew its stake in shares of Appian by 282.5% during the 3rd 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 period. Aster Capital Management DIFC Ltd bought a new stake in shares of Appian during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Appian by 693.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock valued at $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. Finally, Allworth Financial LP grew 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 during the period. 52.70% of the stock is currently 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.