Equities Analysts Set Expectations for Appian Q2 Earnings

Appian Corporation (NASDAQ:APPN - Free Report) - Research analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of Appian in a research note issued on Tuesday, July 22nd. DA Davidson analyst G. Luria expects that the company will post earnings per share of ($0.27) for the quarter. DA Davidson currently has a "Hold" rating on the stock. The consensus estimate for Appian's current full-year earnings is ($0.28) per share. DA Davidson also issued estimates for Appian's FY2025 earnings at ($0.34) EPS and FY2026 earnings at ($0.04) EPS.

Other equities analysts have also recently issued reports about the company. Citigroup raised their price objective on Appian from $40.00 to $41.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Morgan Stanley lifted their target price on Appian from $27.00 to $29.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Barclays lifted their target price on Appian from $28.00 to $33.00 and gave the stock an "underweight" rating in a research note on Friday, May 9th. Finally, Scotiabank lowered their target price 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $35.50.

Appian Trading Up 0.3%

Shares of APPN traded up $0.09 on Thursday, reaching $29.61. The company's stock had a trading volume of 908,134 shares, compared to its average volume of 694,636. Appian has a twelve month low of $24.00 and a twelve month high of $43.33. The firm has a fifty day moving average of $30.35 and a 200-day moving average of $31.04.

Appian (NASDAQ:APPN - Get Free Report) last posted 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. The business had revenue of $166.43 million during the quarter, compared to analyst estimates of $163.27 million. During the same period in the previous year, the business posted ($0.24) EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year.

Institutional Trading of Appian

Several institutional investors and hedge funds have recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new stake in Appian during the fourth quarter valued at $35,000. Concord Wealth Partners grew its holdings in shares of Appian by 21.7% during the first quarter. Concord Wealth Partners now owns 2,581 shares of the company's stock worth $74,000 after purchasing an additional 461 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Appian by 27.8% during the fourth quarter. Canada Pension Plan Investment Board now owns 2,300 shares of the company's stock worth $76,000 after purchasing an additional 500 shares in the last quarter. Headlands Technologies LLC grew its holdings in shares of Appian by 2,052.0% during the first quarter. Headlands Technologies LLC now owns 4,218 shares of the company's stock worth $122,000 after purchasing an additional 4,022 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Appian by 1,244.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,779 shares of the company's stock worth $125,000 after purchasing an additional 3,498 shares in the last quarter. 52.70% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, major shareholder Abdiel Capital Advisors, Lp sold 300,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $31.83, for a total value of $9,549,000.00. Following the sale, the insider directly owned 8,430,391 shares of the company's stock, valued at approximately $268,339,345.53. This represents a 3.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 2,018,625 shares of company stock worth $64,544,615. 43.00% of the stock is owned by insiders.

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.