Appian Corporation (NASDAQ:APPN) Receives $30.00 Average Target Price from Analysts

Shares of Appian Corporation (NASDAQ:APPN) have been given an average rating of “Hold” by the eight analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $30.00.

APPN has been the topic of a number of research analyst reports. UBS Group set a $21.00 target price on Appian in a report on Friday, February 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Appian from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Citigroup cut their price target on shares of Appian from $48.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, DA Davidson set a $25.00 price objective on shares of Appian in a research report on Friday, February 20th.

Appian Stock Performance

Appian stock opened at $24.47 on Tuesday. Appian has a 1 year low of $21.77 and a 1 year high of $46.06. The firm has a 50 day moving average price of $25.55 and a 200 day moving average price of $31.43. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 2,447.00 and a beta of 1.00.

Appian (NASDAQ:APPN) last posted its quarterly earnings results 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. Appian had a net margin of 0.17% and a negative return on equity of 11.83%. The company had revenue of $202.87 million for the quarter, compared to the consensus estimate of $189.33 million. The company’s quarterly revenue was up 21.7% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Sell-side analysts predict that Appian will post -0.28 EPS for the current year.

Institutional Trading of Appian

Several large investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership boosted its position in shares of Appian by 211.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 690,788 shares of the company’s stock worth $20,627,000 after buying an additional 469,259 shares during the period. Citigroup Inc. grew its stake in shares of Appian by 313.5% in the third quarter. Citigroup Inc. now owns 200,851 shares of the company’s stock valued at $6,140,000 after buying an additional 152,275 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Appian during the 3rd quarter valued at about $1,084,000. CWA Asset Management Group LLC purchased a new stake in shares of Appian during the 4th quarter valued at about $1,584,000. Finally, Squarepoint Ops LLC lifted its position in Appian by 202.6% during the 2nd quarter. Squarepoint Ops LLC now owns 93,700 shares of the company’s stock worth $2,798,000 after acquiring an additional 62,733 shares in the last quarter. 52.70% of the stock is currently owned by institutional investors and hedge funds.

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.