Q3 Earnings Forecast for Appian Issued By DA Davidson

Key Points

• DA Davidson projects Appian's Q3 2025 EPS will be ($0.08), maintaining a "Neutral" rating with a price target of $30.00.
• Appian's recent quarterly earnings report showed a revenue of $170.64 million, exceeding expectations, but an EPS of ($0.14) which fell short of analysts' predictions.
• Insider trading activity included Abdiel Capital Advisors selling 300,000 shares, representing a 3.44% decrease in their position, with insiders owning 44.00% of the stock.

Appian Corporation (NASDAQ:APPN - Free Report) - Investment analysts at DA Davidson issued their Q3 2025 earnings estimates for Appian in a research note issued to investors on Friday, August 8th. DA Davidson analyst G. Luria forecasts that the company will earn ($0.08) per share for the quarter. DA Davidson has a "Neutral" rating and a $30.00 price objective on the stock. The consensus estimate for Appian's current full-year earnings is ($0.28) per share.

Appian (NASDAQ:APPN - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). The business had revenue of $170.64 million for the quarter, compared to the consensus estimate of $160.01 million. During the same period in the previous year, the company earned ($0.26) EPS. Appian's quarterly revenue was up 16.5% compared to the same quarter last year.

Several other equities research analysts also recently weighed in on the stock. Citigroup increased their target price on shares of Appian from $40.00 to $41.00 and gave the stock a "buy" rating in a research note on Tuesday, May 13th. Barclays increased their target price on shares of Appian from $28.00 to $33.00 and gave the stock an "underweight" rating in a research note on Friday, May 9th. Scotiabank decreased their target price on shares of Appian from $37.00 to $34.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Finally, Morgan Stanley increased their price target on shares of Appian from $27.00 to $29.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $33.40.

Appian Trading Up 5.2%

Shares of APPN traded up $1.46 during mid-day trading on Monday, hitting $29.66. 1,355,512 shares of the company's stock were exchanged, compared to its average volume of 665,160. Appian has a fifty-two week low of $24.00 and a fifty-two week high of $43.33. The firm has a market capitalization of $2.20 billion, a P/E ratio of -128.56 and a beta of 1.75. The business's 50 day moving average is $29.55 and its two-hundred day moving average is $30.56.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC increased its holdings in Appian by 1.2% in the first quarter. Chicago Partners Investment Group LLC now owns 31,495 shares of the company's stock valued at $958,000 after buying an additional 368 shares in the last quarter. Concord Wealth Partners grew its position in shares of Appian by 21.7% in the first quarter. Concord Wealth Partners now owns 2,581 shares of the company's stock valued at $74,000 after purchasing an additional 461 shares during the last quarter. Canada Pension Plan Investment Board grew its position in shares of Appian by 27.8% in the fourth quarter. Canada Pension Plan Investment Board now owns 2,300 shares of the company's stock valued at $76,000 after purchasing an additional 500 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Appian by 7.4% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,386 shares of the company's stock valued at $221,000 after purchasing an additional 507 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Appian by 89.0% in the second quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company's stock valued at $36,000 after purchasing an additional 564 shares during the last quarter. 52.70% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Appian

In related 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 transaction of $9,549,000.00. Following the completion of the transaction, the insider directly owned 8,430,391 shares of the company's stock, 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 SEC, which is available at this link. Insiders have sold 1,878,575 shares of company stock worth $60,068,617 over the last three months. Corporate insiders own 44.00% of the company's stock.

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.