Appian (NASDAQ:APPN) Releases FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.040-1.120 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $845.0 million-$853.0 million, compared to the consensus revenue estimate of $825.6 million. Appian also updated its Q3 2026 guidance to 0.310-0.350 EPS.

Appian Stock Up 13.9%

NASDAQ APPN traded up $4.22 on Friday, reaching $34.63. The company had a trading volume of 658,846 shares, compared to its average volume of 979,825. The company’s fifty day moving average is $24.52 and its 200 day moving average is $24.27. Appian has a 52-week low of $18.63 and a 52-week high of $46.06. The stock has a market capitalization of $2.54 billion, a P/E ratio of 3,477.58 and a beta of 0.85.

Appian (NASDAQ:APPN) last announced its earnings results on Thursday, August 6th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.02 by $0.11. Appian had a net margin of 0.12% and a negative return on equity of 26.12%. The company had revenue of $203.26 million during the quarter, compared to the consensus estimate of $193.38 million. The company’s quarterly revenue was up 19.1% on a year-over-year basis. Appian has set its FY 2026 guidance at 1.040-1.120 EPS and its Q3 2026 guidance at 0.310-0.350 EPS. On average, research analysts expect that Appian will post 0.34 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on APPN. Zacks Research downgraded Appian from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Morgan Stanley set a $32.00 target price on Appian in a research note on Friday. UBS Group set a $25.00 price objective on Appian in a research note on Thursday, April 30th. DA Davidson set a $34.00 target price on Appian in a research report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Appian in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $29.17.

Insider Buying and Selling at Appian

In other Appian news, CEO Matthew W. Calkins sold 50,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 1,719,144 shares in the company, valued at $42,497,239.68. This trade represents a 2.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Mark Dorsey acquired 5,227 shares of Appian stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $19.13 per share, with a total value of $99,992.51. Following the purchase, the executive owned 13,993 shares of the company’s stock, valued at $267,686.09. This represents a 59.63% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 42.81% of the stock is currently owned by insiders.

More Appian News

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Appian reported second-quarter adjusted earnings of $0.13 per share, substantially above the $0.02 analyst consensus, while revenue reached $203.26 million versus expectations of $193.38 million. Revenue increased 19.1% year over year. Appian quarterly earnings report
• Positive Sentiment: Cloud subscriptions revenue grew 23% year over year to $131.7 million, highlighting continued customer adoption of Appian’s cloud platform. Management also pointed to artificial intelligence as a contributor to broad-based cloud growth and rising profitability. Appian Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Appian issued third-quarter guidance above Wall Street estimates, forecasting EPS of $0.31-$0.35 versus consensus of $0.29 and revenue of $214 million-$218 million versus $208.3 million expected.
• Positive Sentiment: Full-year 2026 guidance was also raised or reaffirmed above consensus, with EPS of $1.04-$1.12 versus estimates of $0.84 and revenue of $845 million-$853 million versus $825.6 million expected. Appian Q2 outlook article
• Neutral Sentiment: Despite the earnings beat, Appian’s net margin remained only 0.12% and return on equity was negative, indicating that sustained profitability is still a key execution risk. Appian Q2 key metrics article

Hedge Funds Weigh In On Appian

A number of institutional investors have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd purchased a new position in shares of Appian during the fourth quarter worth about $30,000. Northwestern Mutual Wealth Management Co. grew its stake 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 in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Appian in the 4th quarter worth $34,000. State of Wyoming raised its position in shares of Appian by 55.0% during the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock valued at $52,000 after buying an additional 519 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Appian during the 3rd quarter valued at $75,000. 52.70% of the stock is currently owned by institutional investors.

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.