Appian (NASDAQ:APPN) Price Target Cut to $30.00 by Analysts at TD Cowen

Appian (NASDAQ:APPN) had its price target decreased by TD Cowen from $35.00 to $30.00 in a report published on Friday,Benzinga reports. TD Cowen currently has a hold rating on the stock.

APPN has been the topic of a number of other reports. DA Davidson set a $25.00 price objective on Appian in a research note on Friday. Morgan Stanley set a $41.00 price target on shares of Appian in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Appian in a report on Monday, December 29th. UBS Group set a $21.00 price objective on shares of Appian in a research note on Friday. Finally, Citigroup dropped their target price on Appian from $48.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday. 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $30.00.

Appian Trading Up 2.4%

NASDAQ:APPN opened at $25.14 on Friday. Appian has a 12 month low of $21.77 and a 12 month high of $46.06. The firm’s 50 day moving average is $30.55 and its 200 day moving average is $32.35. The stock has a market capitalization of $1.86 billion, a PE ratio of 2,514.00 and a beta of 0.90.

Appian (NASDAQ:APPN) last released its earnings results on Thursday, February 19th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. The business had revenue of $202.87 million during the quarter, compared to the consensus estimate of $189.33 million. Appian had a negative return on equity of 11.98% and a net margin of 0.17%.The firm’s quarterly 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. Research analysts predict that Appian will post -0.28 earnings per share for the current year.

Institutional Trading of Appian

A number of hedge funds and other institutional investors have recently bought and sold shares of APPN. EverSource Wealth Advisors LLC boosted its holdings in Appian by 282.5% in 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 bought a new position in shares of Appian in the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. raised its position 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 buying an additional 846 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Appian in the fourth quarter worth $34,000. Finally, Allworth Financial LP boosted its stake in Appian by 175.2% during the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock valued at $35,000 after buying an additional 720 shares during the period. Institutional investors own 52.70% of the company’s stock.

More Appian News

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Q4 beat and revenue growth — Appian reported $0.15 EPS vs. consensus ~$0.11 and revenue of $202.9M (≈22% YoY growth), beating estimates. This is the main driver of the rally. Appian Q4 Earnings Surpass Estimates
• Positive Sentiment: Raised guidance — Appian issued Q1 FY2026 EPS guidance of $0.160–0.200 (well above street) and FY2026 EPS of $0.820–0.960, plus higher revenue ranges, which materially improved forward expectations. Press Release / Guidance
• Positive Sentiment: Profitability and buyback — Coverage notes Appian has turned profitable and announced a $50M buyback, supporting EPS trajectory and signaling management confidence. Investors Reacting To Appian Turning Profitable
• Positive Sentiment: Operational highlights — Cloud subscription revenue grew ~18–19% YoY (Q4 and FY cloud subs), and management cited AI-driven upsell momentum and public sector gains in the outlook. Earnings Presentation
• Neutral Sentiment: Supporting materials — Multiple transcripts and deep-dive write-ups (earnings call, slide deck) are available for due diligence; these provide detail but are informational rather than market-moving by themselves. Earnings Call Transcript
• Neutral Sentiment: Short-interest data appears anomalous — Recent short-interest reports show “0” shares (likely a reporting glitch); no clear signal of a meaningful short squeeze or covering pressure. MarketBeat
• Neutral Sentiment: Volume and momentum — Trading volume has picked up versus the stock’s average, consistent with earnings-driven moves; monitor whether volume sustains. Seeking Alpha: Stock Reaction
• Negative Sentiment: Analyst downgrades/target cuts — TD Cowen lowered its target to $30 (hold) and Barclays cut to $21 (underweight); these trims indicate some analysts are taking a more cautious view despite the beat. Benzinga (TD Cowen) Benzinga (Barclays)

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.