Appian (NASDAQ:APPN) Updates Q3 2026 Earnings Guidance

Appian (NASDAQ:APPN) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $214.0 million-$218.0 million, compared to the consensus revenue estimate of $208.3 million. Appian also updated its FY 2026 guidance to 1.040-1.120 EPS.

Appian Stock Performance

Shares of APPN traded down $0.57 during mid-day trading on Thursday, reaching $29.39. 602,695 shares of the company were exchanged, compared to its average volume of 973,346. The business has a 50 day simple moving average of $24.35 and a two-hundred day simple moving average of $24.25. The stock has a market capitalization of $2.16 billion, a PE ratio of 2,953.45 and a beta of 0.85. Appian has a 52 week low of $18.63 and a 52 week 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. Appian had a net margin of 0.12% and a negative return on equity of 26.12%. The business had revenue of $203.26 million during the quarter, compared to the consensus estimate of $193.38 million. The company’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, analysts predict that Appian will post 0.34 EPS for the current year.

Wall Street Analyst Weigh In

APPN has been the subject of several research analyst reports. Citigroup decreased their price target on shares of Appian from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, May 8th. UBS Group set a $25.00 price objective on Appian in a research note on Thursday, April 30th. Zacks Research lowered Appian from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. DA Davidson cut their target price on Appian from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Appian in a report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Appian has an average rating of “Reduce” and a consensus price target of $26.00.

Insider Buying and Selling at Appian

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

Hedge Funds Weigh In On Appian

Several hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming grew its stake in shares of Appian by 55.0% in the fourth quarter. State of Wyoming now owns 1,462 shares of the company’s stock worth $52,000 after acquiring an additional 519 shares during the period. Legal & General Group Plc boosted its stake in shares of Appian by 1.7% in the 3rd quarter. Legal & General Group Plc now owns 37,730 shares of the company’s stock worth $1,153,000 after buying an additional 632 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Appian in the 4th quarter worth $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Appian by 693.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock worth $30,000 after acquiring an additional 846 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in Appian during the fourth quarter valued at $34,000. 52.70% of the stock is owned by institutional investors.

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.