What is KeyCorp’s Estimate for Appian Q2 Earnings?

Appian Corporation (NASDAQ:APPN) – Investment analysts at KeyCorp issued their Q2 2026 earnings per share estimates for shares of Appian in a report released on Wednesday, July 15th. KeyCorp analyst D. Au expects that the company will post earnings per share of ($0.15) for the quarter. The consensus estimate for Appian’s current full-year earnings is $0.34 per share. KeyCorp also issued estimates for Appian’s Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.32 EPS, FY2026 earnings at $0.39 EPS, Q4 2027 earnings at $0.36 EPS and FY2027 earnings at $0.78 EPS.

Appian (NASDAQ:APPN) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.08. Appian had a negative return on equity of 26.12% and a net margin of 0.12%.The firm had revenue of $202.18 million during the quarter, compared to analysts’ expectations of $191.56 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. The company’s revenue was up 21.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS.

Other equities research analysts have also recently issued research reports about the stock. Citigroup dropped their target price on shares of Appian from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, May 8th. UBS Group set a $25.00 price target on shares of Appian in a research report on Thursday, April 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Appian in a report on Wednesday, May 20th. Morgan Stanley restated an “equal weight” rating and set a $25.00 target price (down from $41.00) on shares of Appian in a research report on Thursday, April 30th. Finally, Zacks Research cut shares of Appian from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $26.00.

Appian Stock Up 7.6%

Shares of NASDAQ APPN opened at $25.55 on Monday. The firm’s 50-day moving average price is $23.45 and its 200-day moving average price is $24.49. Appian has a 52-week low of $18.63 and a 52-week high of $46.06. The company has a market cap of $1.88 billion, a PE ratio of 2,557.56 and a beta of 0.85.

Insider Activity

In related news, CEO Matthew W. Calkins sold 50,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $24.72, for a total value of $1,236,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,719,144 shares of the company’s stock, valued at approximately $42,497,239.68. This trade represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Mark Dorsey purchased 5,227 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was bought 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 of the company’s stock, valued at $267,686.09. The trade was a 59.63% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 42.81% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. RPD Fund Management LLC bought a new position in shares of Appian during the first quarter valued at approximately $94,496,000. Arrowstreet Capital Limited Partnership boosted its holdings in Appian by 86.9% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock valued at $39,470,000 after acquiring an additional 600,336 shares during the period. Bank of America Corp DE boosted its holdings in Appian by 182.7% during the 2nd quarter. Bank of America Corp DE now owns 237,421 shares of the company’s stock valued at $7,089,000 after acquiring an additional 524,420 shares during the period. Caption Management LLC grew its position in Appian by 127.3% in the 2nd quarter. Caption Management LLC now owns 80,472 shares of the company’s stock valued at $2,403,000 after acquiring an additional 375,758 shares during the last quarter. Finally, Millennium Management LLC grew its position in Appian by 475.9% in the 3rd quarter. Millennium Management LLC now owns 402,958 shares of the company’s stock valued at $12,318,000 after acquiring an additional 332,992 shares during the last quarter. Hedge funds and other institutional investors own 52.70% of the company’s stock.

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.