Appian (APPN) Expected to Announce Quarterly Earnings on Thursday

Appian (NASDAQ:APPN - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect Appian to post earnings of $0.01 per share and revenue of $163.27 million for the quarter.

Appian (NASDAQ:APPN - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.11). The company had revenue of $166.70 million during the quarter, compared to the consensus estimate of $164.31 million. Appian had a negative return on equity of 532.05% and a negative net margin of 14.95%. Appian's revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. On average, analysts expect Appian to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Appian Stock Down 1.0 %

APPN traded down $0.30 during trading on Tuesday, reaching $30.69. 473,235 shares of the company were exchanged, compared to its average volume of 545,276. Appian has a 12-month low of $24.00 and a 12-month high of $43.33. The company's 50-day moving average is $29.43 and its two-hundred day moving average is $33.33. The company has a market cap of $2.27 billion, a price-to-earnings ratio of -24.36 and a beta of 1.83.

Insider Transactions at Appian

In other news, Director Albert G.W. Biddle III sold 990 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $33.21, for a total transaction of $32,877.90. Following the transaction, the director now directly owns 29,348 shares of the company's stock, valued at approximately $974,647.08. This trade represents a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Abdiel Capital Advisors, Lp sold 57,975 shares of the business's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $29.52, for a total value of $1,711,422.00. Following the completion of the sale, the insider now directly owns 10,121,563 shares of the company's stock, valued at approximately $298,788,539.76. This trade represents a 0.57 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 240,510 shares of company stock worth $6,648,635. 44.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Citigroup cut their price objective on shares of Appian from $53.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. DA Davidson reduced their price target on shares of Appian from $40.00 to $28.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Morgan Stanley lowered their price objective on Appian from $35.00 to $27.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Barclays reduced their target price on Appian from $37.00 to $28.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Finally, Scotiabank lowered their price target on Appian from $37.00 to $34.00 and set a "sector perform" rating on the stock in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $34.14.

Appian Company Profile

Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.