DA Davidson Estimates Appian's Q3 Earnings (NASDAQ:APPN)

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) - Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Appian in a note issued to investors on Friday, August 8th. DA Davidson analyst G. Luria anticipates that the company will post earnings of ($0.08) per share for the quarter. DA Davidson currently has a "Neutral" rating and a $30.00 price target 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 issued 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 during the quarter, compared to the consensus estimate of $160.01 million. The business's revenue was up 16.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.26) earnings per share.

Several other research analysts have also weighed in on the stock. Scotiabank dropped their price objective on shares of 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 raised their target price on shares of Appian from $28.00 to $33.00 and gave the company an "underweight" rating in a research note on Friday, May 9th. Citigroup raised their target price on shares of Appian from $40.00 to $41.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Finally, Morgan Stanley increased their price target on shares of Appian from $27.00 to $29.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $33.40.

Appian Trading Up 0.1%

APPN stock traded up $0.03 during trading on Monday, reaching $29.74. The stock had a trading volume of 267,062 shares, compared to its average volume of 666,226. Appian has a 1-year low of $24.00 and a 1-year high of $43.33. The company has a market capitalization of $2.21 billion, a P/E ratio of -129.33 and a beta of 1.75. The firm has a fifty day moving average price of $29.52 and a 200 day moving average price of $30.55.

Insiders Place Their Bets

In other news, major shareholder Abdiel Capital Advisors, Lp sold 10,450 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $31.45, for a total transaction of $328,652.50. Following the completion of the transaction, the insider owned 7,736,491 shares of the company's stock, valued at approximately $243,312,641.95. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 1,777,910 shares of company stock valued at $56,779,891. Company insiders own 43.00% of the company's stock.

Institutional Investors Weigh In On Appian

Institutional investors have recently modified their holdings of the business. Sei Investments Co. purchased a new position in Appian in the 2nd quarter worth approximately $1,157,000. Nebula Research & Development LLC bought a new stake in Appian in the 2nd quarter worth approximately $2,022,000. Frontier Capital Management Co. LLC bought a new stake in Appian in the 2nd quarter worth approximately $4,322,000. Qube Research & Technologies Ltd increased its stake in Appian by 70.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 496,741 shares of the company's stock worth $14,833,000 after acquiring an additional 204,925 shares during the last quarter. Finally, Amundi increased its position in shares of Appian by 234.6% during the 2nd quarter. Amundi now owns 33,335 shares of the company's stock valued at $1,005,000 after purchasing an additional 23,373 shares during the last quarter. 52.70% of the stock is owned by hedge funds and other institutional investors.

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.