Appian (NASDAQ:APPN) Issues FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.820-0.960 for the period, compared to the consensus EPS estimate of 0.580. The company issued revenue guidance of $801.0 million-$817.0 million, compared to the consensus revenue estimate of $795.6 million. Appian also updated its Q1 2026 guidance to 0.160-0.200 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. 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. Zacks Research lowered shares of Appian from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Wall Street Zen downgraded shares of Appian from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. UBS Group set a $21.00 price target on shares of Appian in a report on Friday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Appian in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Appian presently has an average rating of “Hold” and a consensus target price of $35.50.

Appian Price Performance

Shares of APPN opened at $24.75 on Friday. The stock has a 50-day moving average of $30.80 and a 200-day moving average of $32.37. Appian has a one year low of $21.77 and a one year high of $46.06. The company has a market cap of $1.83 billion, a PE ratio of -247.44 and a beta of 0.90.

Appian (NASDAQ:APPN) last posted its earnings results on Thursday, February 19th. The company reported $0.15 EPS 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 the consensus estimate of $189.33 million. Appian’s revenue was up 21.7% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Analysts expect that Appian will post -0.28 EPS for the current fiscal year.

Key Stories Impacting Appian

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.

Hedge Funds Weigh In On Appian

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in 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 purchasing an additional 846 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Appian during the fourth quarter valued at about $30,000. Kestra Advisory Services LLC purchased a new stake in Appian during the fourth quarter worth about $34,000. State of Wyoming raised its position in 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. Finally, Aquatic Capital Management LLC purchased a new position in Appian in the third quarter valued at about $75,000. 52.70% of the stock is owned by hedge funds and other 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.