Appian (NASDAQ:APPN) Announces Q4 2026 Earnings Guidance

Appian (NASDAQ:APPN) issued an update on its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.300-0.340 for the period, compared to the consensus EPS estimate of 0.340. The company issued revenue guidance of $233.0 million-$237.0 million, compared to the consensus revenue estimate of $228.1 million. Appian also updated its FY 2026 guidance to 1.200-1.240 EPS.

Appian Stock Down 4.5%

APPN stock opened at $51.60 on Friday. Appian has a 12-month low of $18.63 and a 12-month high of $56.38. The company’s fifty day simple moving average is $41.54 and its 200 day simple moving average is $29.54. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 162.50 and a beta of 0.84.

Appian (NASDAQ:APPN) last issued its earnings results on Thursday, November 5th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. Appian had a negative net margin of 1.34% and a negative return on equity of 35.20%. The company had revenue of $234.63 million for the quarter, compared to the consensus estimate of $216.94 million. During the same period in the previous year, the firm earned $0.32 earnings per share. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 1.200-1.240 EPS and its Q4 2026 guidance at 0.300-0.340 EPS. Research analysts expect that Appian will post 0.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on APPN. Morgan Stanley boosted their price objective on Appian from $25.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Barclays lifted their target price on Appian from $26.00 to $30.00 and gave the stock an “underweight” rating in a report on Tuesday, October 13th. Zacks Research lowered Appian from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Citigroup increased their target price on Appian from $40.00 to $69.00 and gave the company a “buy” rating in a research report on Friday. Finally, TD Cowen boosted their price target on shares of Appian from $30.00 to $50.00 and gave the stock a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $44.33.

Insiders Place Their Bets

In related news, CEO Matthew Calkins sold 45,000 shares of the company’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $37.50, for a total value of $1,687,500.00. Following the completion of the sale, the chief executive officer owned 1,584,144 shares of the company’s stock, valued at approximately $59,405,400. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 42.81% of the company’s stock.

Appian News Summary

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Q3 results beat expectations: Appian reported adjusted EPS of $0.51 versus a $0.33 consensus and revenue of $234.6 million versus $216.9 million expected. Revenue grew 25.5% year over year, supported by subscription growth. Appian Q3 earnings beat estimates
• Positive Sentiment: Raised 2026 outlook: Full-year revenue guidance of $873 million–$877 million and EPS guidance of $1.20–$1.24 are above consensus estimates. Management also highlighted accelerating AI demand. Appian Q3 call highlights
• Positive Sentiment: Analyst sentiment improved: Citigroup raised its price target to $69 and assigned a Buy rating; TD Cowen lifted its target to $58, while William Blair upgraded APPN to Outperform. TD Cowen raises Appian price target William Blair upgrades Appian
• Negative Sentiment: Cash flow remains a risk: Reports flag operating cash outflows, while Appian’s net margin remains negative. The stock’s retreat may also reflect profit-taking after its prior post-earnings surge.

About Appian

Appian Corporation (NASDAQ: APPN) develops and provides a low-code platform designed to help organizations build, manage and automate business applications and processes. Its platform combines process orchestration, workflow automation, artificial intelligence, robotic process automation, case management and data management capabilities in a unified environment.

Appian’s software is used to improve operational efficiency, connect data and systems, and support applications such as customer service, compliance, supply chain management and government services.