Appian Corporation (NASDAQ:APPN) Given Consensus Rating of “Reduce” by Brokerages

Shares of Appian Corporation (NASDAQ:APPN) have earned a consensus rating of “Reduce” from the seven analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $26.00.

Several research analysts have issued reports on APPN shares. TD Cowen reduced their price objective on Appian from $27.00 to $24.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Weiss Ratings reissued a “sell (d)” rating on shares of Appian in a research note on Wednesday, May 20th. Citigroup cut their price target on Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Zacks Research downgraded Appian from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, DA Davidson cut their price target on Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th.

Appian Stock Performance

NASDAQ:APPN opened at $20.95 on Friday. The stock’s fifty day moving average price is $22.12 and its two-hundred day moving average price is $27.07. Appian has a 52-week low of $18.63 and a 52-week high of $46.06. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 2,097.10 and a beta of 0.90.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.08. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The firm had revenue of $202.18 million for the quarter, compared to the consensus estimate of $191.57 million. During the same quarter in the prior year, the business earned $0.13 EPS. The business’s revenue for the quarter 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 0.25 EPS for the current fiscal year.

Insider Buying and Selling at Appian

In related news, CRO Mark Dorsey purchased 5,227 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $19.13 per share, with a total value of $99,992.51. Following the purchase, the executive directly owned 13,993 shares in the company, valued at $267,686.09. This trade represents a 59.63% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 43.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Appian by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 6,095,904 shares of the company’s stock valued at $215,917,000 after purchasing an additional 159,956 shares during the period. RPD Fund Management LLC bought a new stake in shares of Appian in the 1st quarter valued at $94,496,000. Lead Edge Capital Management LLC increased its position in shares of Appian by 18.5% in the 1st quarter. Lead Edge Capital Management LLC now owns 1,905,634 shares of the company’s stock valued at $45,945,000 after buying an additional 296,845 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Appian by 16.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,519,653 shares of the company’s stock valued at $36,639,000 after buying an additional 215,183 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in Appian by 16.9% during the 1st quarter. First Trust Advisors LP now owns 1,355,961 shares of the company’s stock worth $32,692,000 after purchasing an additional 196,021 shares in the last quarter. Institutional investors and hedge funds own 52.70% of the company’s stock.

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.