Appian (NASDAQ:APPN) Updates FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.820-0.960 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of $801.0 million-$817.0 million, compared to the consensus revenue estimate of $795.6 million. Appian also updated its Q1 2026 guidance to 0.160-0.200 EPS.

Appian Trading Up 4.4%

Shares of APPN stock opened at $24.06 on Thursday. The firm has a market capitalization of $1.78 billion, a P/E ratio of -240.58 and a beta of 0.90. Appian has a 1 year low of $22.19 and a 1 year high of $46.06. The firm’s fifty day simple moving average is $31.07 and its 200 day simple moving average is $32.43.

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, topping the consensus estimate of $0.11 by $0.04. The company had revenue of $202.87 million during the quarter, compared to analyst estimates of $189.33 million. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Equities research analysts anticipate that Appian will post -0.28 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on APPN shares. Morgan Stanley upgraded Appian from an “equal weight” rating to an “overweight” rating and set a $45.00 price objective on the stock in a research report on Monday, January 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Appian in a report on Monday, December 29th. Zacks Research downgraded shares of Appian from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Barclays dropped their target price on shares of Appian from $37.00 to $34.00 and set an “underweight” rating for the company in a research report on Monday, January 12th. Finally, Citigroup restated a “buy” rating on shares of Appian in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $38.40.

Hedge Funds Weigh In On Appian

A number of institutional investors have recently modified their holdings of APPN. Millennium Management LLC boosted its stake in shares of Appian by 18.9% in the 1st quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock valued at $8,721,000 after purchasing an additional 48,014 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Appian by 2.2% in the first quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock valued at $11,113,000 after acquiring an additional 8,319 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Appian by 2.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock worth $2,595,000 after acquiring an additional 2,244 shares during the period. JPMorgan Chase & Co. grew its holdings in Appian by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 208,832 shares of the company’s stock worth $6,236,000 after acquiring an additional 3,954 shares during the period. Finally, Invesco Ltd. raised its position in shares of Appian by 34.7% during the 2nd quarter. Invesco Ltd. now owns 32,343 shares of the company’s stock valued at $966,000 after acquiring an additional 8,329 shares during the last quarter. 52.70% of the stock is 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.