Appian (NASDAQ:APPN) Issues FY 2025 Earnings Guidance

Key Points

• Appian updated its FY 2025 earnings guidance, projecting EPS of 0.280-0.360 and revenue between $695.0 million and $703.0 million, surpassing consensus estimates.
• Appian shares rose 8.3% to $29.18, with trading volume significantly higher than the average, indicating strong market interest.
• Insider transactions included a major shareholder selling 300,000 shares for approximately $9.55 million, reflecting a 3.44% decrease in ownership.

Appian (NASDAQ:APPN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.280-0.360 for the period, compared to the consensus estimate of 0.215. The company issued revenue guidance of $695.0 million-$703.0 million, compared to the consensus revenue estimate of $681.9 million. Appian also updated its Q3 2025 guidance to 0.030-0.070 EPS.

Analysts Set New Price Targets

Several research analysts have commented on the company. Citigroup raised their target price on Appian from $40.00 to $41.00 and gave the stock a "buy" rating in a research note on Tuesday, May 13th. Scotiabank decreased their price target on Appian from $37.00 to $34.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 24th. Barclays boosted their target price on Appian from $28.00 to $33.00 and gave the company an "underweight" rating in a research note on Friday, May 9th. DA Davidson raised Appian to a "hold" rating in a research note on Tuesday, July 22nd. Finally, Morgan Stanley upped their price target on Appian from $27.00 to $29.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $34.40.

Appian Stock Up 8.3%

Shares of Appian stock traded up $2.23 during trading on Thursday, reaching $29.18. The company's stock had a trading volume of 3,980,882 shares, compared to its average volume of 632,644. The company has a 50-day simple moving average of $29.87 and a two-hundred day simple moving average of $30.73. Appian has a 1-year low of $24.00 and a 1-year high of $43.33. The company has a market cap of $2.17 billion, a price-to-earnings ratio of -35.16 and a beta of 1.75.

Appian (NASDAQ:APPN - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The business's quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. As a group, analysts anticipate that Appian will post -0.28 earnings per share for the current year.

Insider Buying and Selling

In other Appian news, major shareholder Abdiel Capital Advisors, Lp sold 300,000 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $31.83, for a total transaction of $9,549,000.00. Following the transaction, the insider directly owned 8,430,391 shares in the company, valued at $268,339,345.53. This represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 1,878,575 shares of company stock valued at $60,068,617 in the last 90 days. Corporate insiders own 43.00% of the company's stock.

Hedge Funds Weigh In On Appian

Several hedge funds have recently made changes to their positions in APPN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Appian by 2.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company's stock worth $2,595,000 after purchasing an additional 2,244 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Appian by 18.9% during the 1st quarter. Millennium Management LLC now owns 302,720 shares of the company's stock valued at $8,721,000 after acquiring an additional 48,014 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Appian by 2.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company's stock worth $11,113,000 after buying an additional 8,319 shares in the last quarter. Hedge funds and other institutional investors own 52.70% of the company's stock.

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.

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