Appian Corporation (NASDAQ:APPN) Given Average Recommendation of “Hold” by Brokerages

Shares of Appian Corporation (NASDAQ:APPN) have been given a consensus rating of “Hold” by the seven analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $31.00.

APPN has been the subject of several research reports. Zacks Research upgraded shares of Appian from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Citigroup boosted their target price on shares of Appian from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Barclays increased their target price 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. DA Davidson raised their target price on shares of Appian from $34.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, August 14th. Finally, Morgan Stanley lifted their price target on shares of Appian from $25.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th.

Insider Buying and Selling at Appian

In related news, CEO Matthew W. Calkins sold 50,000 shares of Appian stock in a transaction on 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 transaction, the chief executive officer directly owned 1,719,144 shares in the company, valued at $42,497,239.68. The trade was a 2.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 42.81% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Appian

Several hedge funds have recently modified their holdings of APPN. Aster Capital Management DIFC Ltd purchased a new position in Appian during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. raised 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 in the last quarter. KBC Group NV acquired a new stake in shares of Appian in the first quarter worth about $31,000. Kestra Advisory Services LLC acquired a new stake in Appian in the 4th quarter worth approximately $34,000. Finally, State of Wyoming boosted its holdings in shares of Appian by 55.0% during the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock worth $52,000 after buying an additional 519 shares during the period. 52.70% of the stock is owned by hedge funds and other institutional investors.

Appian Stock Performance

APPN opened at $41.40 on Friday. The company has a market capitalization of $2.97 billion, a PE ratio of -275.98 and a beta of 0.85. The stock’s fifty day moving average is $28.46 and its 200-day moving average is $25.22. Appian has a one year low of $18.63 and a one year high of $46.06.

Appian (NASDAQ:APPN) last announced its earnings results on Thursday, August 6th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $203.26 million during the quarter, compared to analysts’ expectations of $193.38 million. Appian had a negative return on equity of 35.20% and a negative net margin of 1.34%.The business’s quarterly revenue was up 19.1% compared to the same quarter last year. 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, equities research analysts forecast that Appian will post 0.45 EPS for the current fiscal 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.