Appian Corporation (NASDAQ:APPN) Given Average Rating of “Reduce” by Analysts

Appian Corporation (NASDAQ:APPN) has earned a consensus recommendation of “Reduce” from the seven analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $26.00.

Several research firms have recently commented on APPN. UBS Group set a $25.00 price target on shares of Appian in a report on Thursday, April 30th. TD Cowen reduced their target price on shares of Appian from $27.00 to $24.00 and set a “hold” rating for the company in a research note on Friday, May 15th. DA Davidson decreased their price objective on Appian from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Barclays lifted their price objective on shares of Appian from $21.00 to $23.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $25.00 target price (down from $41.00) on shares of Appian in a research note on Thursday, April 30th.

Insider Activity at Appian

In other news, CRO Mark Dorsey purchased 5,227 shares of the stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $19.13 per share, for a total transaction of $99,992.51. Following the transaction, the executive owned 13,993 shares in the company, valued at $267,686.09. This trade represents a 59.63% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Matthew W. Calkins sold 50,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $24.72, for a total value of $1,236,000.00. Following the completion of the sale, the chief executive officer owned 1,719,144 shares of the company’s stock, valued at approximately $42,497,239.68. This trade represents a 2.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Appian

A number of institutional investors and hedge funds have recently bought and sold shares of APPN. Aster Capital Management DIFC Ltd acquired a new position in shares of Appian in the 4th quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. boosted 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 worth $30,000 after acquiring an additional 846 shares in the last quarter. KBC Group NV acquired a new position in shares of Appian in the 1st quarter worth $31,000. Kestra Advisory Services LLC purchased a new stake in shares of Appian during the fourth quarter valued at $34,000. Finally, State of Wyoming increased its stake in Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock worth $52,000 after purchasing an additional 519 shares in the last quarter. 52.70% of the stock is owned by institutional investors and hedge funds.

Appian Stock Performance

Shares of Appian stock opened at $26.96 on Monday. The firm’s 50-day simple moving average is $23.93 and its 200-day simple moving average is $24.29. Appian has a 1 year low of $18.63 and a 1 year high of $46.06. The firm has a market cap of $1.98 billion, a PE ratio of 2,698.70 and a beta of 0.84.

Appian (NASDAQ:APPN) last released its earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $191.56 million. During the same quarter last year, the business posted $0.13 EPS. Appian’s quarterly revenue was up 21.5% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. On average, equities analysts predict that Appian will post 0.34 earnings per share for the current year.

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.