Appian (NASDAQ:APPN - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of -0.150--0.110 for the period, compared to the consensus EPS estimate of -0.130. The company issued revenue guidance of $158.0 million-$162.0 million, compared to the consensus revenue estimate of $161.7 million. Appian also updated its FY 2025 guidance to 0.180-0.260 EPS.
Appian Stock Up 1.9%
Shares of APPN stock traded up $0.60 on Tuesday, reaching $32.87. 533,157 shares of the stock were exchanged, compared to its average volume of 554,226. The stock has a market cap of $2.43 billion, a P/E ratio of -26.09 and a beta of 1.83. The firm has a 50 day moving average of $29.40 and a two-hundred day moving average of $33.35. Appian has a 1-year low of $24.00 and a 1-year high of $43.33.
Appian (NASDAQ:APPN - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $166.43 million during the quarter, compared to the consensus estimate of $163.27 million. During the same period in the prior year, the firm earned ($0.24) EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts predict that Appian will post -0.28 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have issued reports on APPN. Citigroup lowered 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. Scotiabank lowered their target price on Appian from $37.00 to $34.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. KeyCorp restated a "sector weight" rating on shares of Appian in a research note on Tuesday, January 14th. DA Davidson raised their target price on Appian from $28.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Barclays raised their target price on Appian from $28.00 to $33.00 and gave the company an "underweight" rating in a research note on Friday. One 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $36.14.
Read Our Latest Research Report on Appian
Insider Activity at Appian
In other Appian news, Director Albert G.W. Biddle III sold 990 shares of Appian stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $33.21, for a total value of $32,877.90. Following the completion of the transaction, the director now directly owns 29,348 shares in the company, valued at $974,647.08. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Abdiel Capital Advisors, Lp sold 78,528 shares of Appian stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $26.49, for a total value of $2,080,206.72. Following the completion of the transaction, the insider now owns 9,942,140 shares of the company's stock, valued at approximately $263,367,288.60. The trade was a 0.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 380,560 shares of company stock valued at $11,124,633 over the last three months. 43.00% of the stock is owned by insiders.
About Appian
(
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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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