Analysts Set Appian Corporation (NASDAQ:APPN) PT at $26.00

Shares of Appian Corporation (NASDAQ:APPN) have earned an average recommendation of “Reduce” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $26.00.

A number of research analysts have recently issued reports on the stock. UBS Group set a $25.00 price target on shares of Appian in a research report on Thursday, April 30th. DA Davidson lowered their target price on shares of Appian from $25.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Citigroup dropped their target price on shares of Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Appian in a report on Wednesday, May 20th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $25.00 target price (down from $41.00) on shares of Appian in a report on Thursday, April 30th.

Insider Buying and Selling at Appian

In other news, CRO Mark Dorsey acquired 5,227 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $19.13 per share, for a total transaction of $99,992.51. Following the purchase, the executive owned 13,993 shares in the company, valued at approximately $267,686.09. This represents a 59.63% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 43.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 599 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in Appian in the fourth quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. grew its holdings 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 last quarter. KBC Group NV bought a new position in shares of Appian during the first quarter valued at about $31,000. Finally, Kestra Advisory Services LLC bought a new position in Appian during the 4th quarter worth approximately $34,000. Institutional investors own 52.70% of the company’s stock.

Appian Trading Down 2.8%

Shares of APPN stock opened at $20.95 on Friday. Appian has a 1-year low of $18.63 and a 1-year high of $46.06. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 2,097.10 and a beta of 0.90. The stock has a 50-day moving average of $22.16 and a 200-day moving average of $27.11.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.08. The company had revenue of $202.18 million for the quarter, compared to analyst estimates of $191.57 million. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The firm’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 earnings per share. 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 forecast that Appian will post 0.25 earnings per share for the current year.

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.