Appian (NASDAQ:APPN) Releases Q1 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.160-0.200 for the period, compared to the consensus earnings per share estimate of 0.100. The company issued revenue guidance of $189.0 million-$193.0 million, compared to the consensus revenue estimate of $187.3 million. Appian also updated its FY 2026 guidance to 0.820-0.960 EPS.

Wall Street Analysts Forecast Growth

APPN has been the topic of a number of recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of Appian in a research report on Tuesday, January 27th. TD Cowen reiterated a “hold” rating on shares of Appian in a research note on Thursday, November 6th. Barclays dropped their price target on Appian from $37.00 to $34.00 and set an “underweight” rating on the stock in a research note on Monday, January 12th. Wall Street Zen lowered shares of Appian from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, DA Davidson began coverage on shares of Appian in a research note on Friday, November 7th. They issued a “hold” rating and a $38.00 target price for the company. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $38.40.

Appian Stock Up 4.4%

Shares of APPN opened at $24.06 on Thursday. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of -240.58 and a beta of 0.90. Appian has a 52 week low of $22.19 and a 52 week high of $46.06. The stock’s 50-day moving average price is $31.07 and its 200-day moving average price is $32.43.

Appian (NASDAQ:APPN) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. The firm had revenue of $202.87 million during the quarter, compared to analyst estimates of $189.33 million. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. As a group, equities analysts anticipate that Appian will post -0.28 EPS for the current fiscal year.

Institutional Trading of Appian

A number of hedge funds and other institutional investors have recently modified their holdings of APPN. Millennium Management LLC grew its stake in shares of Appian by 18.9% in the first quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock valued at $8,721,000 after buying an additional 48,014 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Appian by 2.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock valued at $11,113,000 after acquiring an additional 8,319 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Appian by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock worth $2,595,000 after purchasing an additional 2,244 shares during the period. JPMorgan Chase & Co. increased its stake in Appian by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 208,832 shares of the company’s stock worth $6,236,000 after purchasing an additional 3,954 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Appian by 34.7% during the second quarter. Invesco Ltd. now owns 32,343 shares of the company’s stock worth $966,000 after purchasing an additional 8,329 shares in the last quarter. 52.70% of the stock is owned by institutional investors and hedge funds.

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.