Appian Corporation (NASDAQ:APPN) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Consensus "Hold": Seven analysts give Appian an average rating of Hold (2 sell, 2 hold, 2 buy, 1 strong buy) with a 1‑year average price target of $29.33.
• Quarterly beat and guidance: Appian reported Q results with EPS $0.15 vs $0.11 expected and revenue $202.87M vs $189.33M (up 21.7% YoY), and set FY2026 guidance of $0.82–$0.96 EPS and Q1 guidance of $0.16–$0.20 EPS.
• Significant institutional ownership: Institutional investors and hedge funds own 52.7% of the stock, with major holders like Vanguard, Arrowstreet and First Trust increasing their positions in the latest quarter.

Appian Corporation (NASDAQ:APPN - Get Free Report) has received an average rating of "Hold" from the seven analysts that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $29.3333.

APPN has been the topic of a number of research analyst reports. Citigroup lowered their price target on Appian from $48.00 to $38.00 and set a "buy" rating on the stock in a report on Friday, February 20th. Zacks Research raised Appian from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Morgan Stanley set a $41.00 price target on Appian in a report on Friday, February 20th. Wall Street Zen lowered Appian from a "strong-buy" rating to a "buy" rating in a report on Friday, January 23rd. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Appian in a report on Monday, December 29th.

Appian Price Performance

Shares of NASDAQ APPN opened at $22.15 on Friday. Appian has a 1-year low of $19.89 and a 1-year high of $46.06. The business's fifty day moving average price is $24.19 and its two-hundred day moving average price is $30.42. The firm has a market capitalization of $1.64 billion, a PE ratio of 2,215.00 and a beta of 1.00.

Appian (NASDAQ:APPN - Get Free Report) last issued its earnings results on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.04. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The firm had revenue of $202.87 million for the quarter, compared to analyst estimates of $189.33 million. Appian'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. Equities research analysts expect that Appian will post 0.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of APPN. Vanguard Group Inc. grew its holdings in Appian by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 6,095,904 shares of the company's stock worth $215,917,000 after acquiring an additional 159,956 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Appian by 1.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,304,470 shares of the company's stock worth $46,204,000 after acquiring an additional 13,346 shares during the period. First Trust Advisors LP grew its holdings in Appian by 8.2% during the fourth quarter. First Trust Advisors LP now owns 1,159,940 shares of the company's stock worth $41,085,000 after acquiring an additional 87,557 shares during the period. Wolf Hill Capital Management LP grew its holdings in Appian by 298.1% during the third quarter. Wolf Hill Capital Management LP now owns 995,210 shares of the company's stock worth $30,424,000 after acquiring an additional 745,210 shares during the period. Finally, Nuveen LLC grew its holdings in Appian by 16.9% during the fourth quarter. Nuveen LLC now owns 693,874 shares of the company's stock worth $24,577,000 after acquiring an additional 100,178 shares during the period. 52.70% of the stock is 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.

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