Appian (NASDAQ:APPN) Updates FY 2025 Earnings Guidance

Appian (NASDAQ:APPN - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.180-0.260 for the period, compared to the consensus estimate of 0.170. The company issued revenue guidance of $680.0 million-$688.0 million, compared to the consensus revenue estimate of $675.6 million. Appian also updated its Q2 2025 guidance to -0.150--0.110 EPS.

Appian Trading Up 1.9%

Appian stock traded up $0.60 during mid-day trading on Tuesday, hitting $32.87. The company's stock had a trading volume of 533,157 shares, compared to its average volume of 554,226. The firm has a market capitalization of $2.43 billion, a PE ratio of -26.09 and a beta of 1.83. Appian has a 1 year low of $24.00 and a 1 year high of $43.33. The stock's fifty day moving average is $29.40 and its two-hundred day moving average is $33.35.

Appian (NASDAQ:APPN - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.10. Appian had a negative return on equity of 532.05% and a negative net margin of 14.95%. The company had revenue of $166.43 million for the quarter, compared to analysts' expectations of $163.27 million. During the same period in the prior year, the firm earned ($0.24) earnings per share. The firm's revenue was up 11.1% compared to the same quarter last year. On average, equities analysts expect that Appian will post -0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on APPN. Citigroup reduced their price objective on Appian from $53.00 to $40.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. DA Davidson increased their price objective on Appian from $28.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday. Barclays increased their price objective on Appian from $28.00 to $33.00 and gave the company an "underweight" rating in a research note on Friday. Scotiabank reduced their price objective 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. Finally, Morgan Stanley raised their price target on Appian from $27.00 to $29.00 and gave the company an "equal weight" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $36.14.

Insider Transactions at Appian

In other news, Director Albert G.W. Biddle III sold 990 shares of Appian 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 sale, the director now owns 29,348 shares in the company, valued at approximately $974,647.08. The trade was a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Abdiel Capital Advisors, Lp sold 5,103 shares of Appian stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $27.02, for a total value of $137,883.06. Following the sale, the insider now owns 9,755,116 shares in the company, valued at $263,583,234.32. This trade represents a 0.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 380,560 shares of company stock worth $11,124,633. 43.00% of the stock is currently owned by insiders.

About Appian

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.