Appian (NASDAQ:APPN) Price Target Cut to $21.00 by Analysts at Barclays

Appian (NASDAQ:APPN) had its price objective lowered by equities research analysts at Barclays from $34.00 to $21.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Barclays‘s price objective indicates a potential downside of 19.85% from the stock’s previous close.

APPN has been the subject of a number of other reports. Citigroup reissued a “buy” rating on shares of Appian in a report on Friday. Wall Street Zen lowered Appian from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. DA Davidson set a $25.00 price objective on Appian in a report on Friday. Zacks Research lowered Appian from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Finally, UBS Group set a $21.00 target price on Appian in a research report on Friday. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $31.17.

Appian Stock Up 6.8%

APPN stock traded up $1.66 during mid-day trading on Friday, reaching $26.20. 216,488 shares of the stock traded hands, compared to its average volume of 1,179,882. The firm has a market capitalization of $1.93 billion, a PE ratio of -264.09 and a beta of 0.90. The business has a 50-day moving average of $30.80 and a two-hundred day moving average of $32.37. Appian has a 52 week low of $21.77 and a 52 week high of $46.06.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.04. The business had revenue of $202.87 million for the quarter, compared to analyst estimates of $189.33 million. Appian’s revenue was up 21.7% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. On average, equities research analysts anticipate that Appian will post -0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of APPN. EverSource Wealth Advisors LLC lifted its position in Appian by 282.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock valued at $25,000 after purchasing an additional 599 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in Appian in the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. raised its holdings in 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 buying an additional 846 shares during the period. Kestra Advisory Services LLC bought a new stake in Appian in the 4th quarter valued at $34,000. Finally, Allworth Financial LP boosted its position in shares of Appian by 175.2% during the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock worth $35,000 after buying an additional 720 shares during the period. Institutional investors and hedge funds own 52.70% of the company’s stock.

Appian News Roundup

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Q4 beat and materially raised guidance — Appian posted $0.15 EPS and $202.9M revenue (both above consensus), and issued Q1 and FY26 EPS and revenue guidance that topped Street estimates, driving immediate upside to the stock. Appian jumps as Q4 results, guidance top estimates
• Positive Sentiment: Return to profitability and $50M buyback — Management highlighted profitability for the quarter and announced a $50 million repurchase program, which supports EPS and signals capital-allocation confidence. That announcement helped lift investor sentiment. How Investors Are Reacting To Appian (APPN) Turning Profitable And Launching A US$50 Million Buyback
• Positive Sentiment: AI-driven upsell and public sector traction — Management described accelerating AI-enabled upsell opportunities and stronger public-sector demand, which supports recurring revenue growth and higher customer monetization. APPN Q4 deep dive: AI-driven upsell momentum and public sector gains shape outlook
• Positive Sentiment: Subscription revenue growth — Cloud subscription revenue grew ~18% in Q4 and ~19% for the full year, underpinning recurring revenue strength. Appian Announces Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: CEO commentary on AI/software synergy — Management emphasized long-term product positioning where AI augments low-code automation; positive strategically but execution will determine magnitude. Appian explores ‘synergy’ between AI & software: CEO explains
• Neutral Sentiment: Market/Index context — Commentary that Appian may be entering a new phase within Nasdaq benchmarks is notable for passive flows but not an immediate earnings driver. Is Appian (NASDAQ:APPN) Entering a New Phase Within the Nasdaq Index?
• Neutral Sentiment: Short-interest data appears distorted — Recent feeds show a “significant increase” but list zero shares; treat short-interest signals cautiously until data is clarified.
• Negative Sentiment: Technical and consensus uncertainty — Despite the beat and guidance, the stock is trading below its 50- and 200-day moving averages and well under its 52‑week high; some analyst models still show conservative/negative near-term EPS expectations, creating potential volatility if execution slips.

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.