Appian (NASDAQ:APPN) Announces FY 2026 Earnings Guidance

Key Points

• Appian beat Q3 expectations: EPS was $0.51 versus the $0.33 consensus, while revenue reached $234.63 million, up 25.5% year over year and above estimates.
• FY 2026 guidance exceeds consensus: Appian forecast EPS of $1.20–$1.24 and revenue of $873 million–$877 million, compared with analyst estimates of $0.96 and $849.6 million.
• Q4 outlook is mixed: EPS guidance of $0.30–$0.34 has a midpoint below the $0.34 consensus, while revenue guidance of $233 million–$237 million tops the $228.1 million estimate.

Appian (NASDAQ:APPN - Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.200-1.240 for the period, compared to the consensus earnings per share estimate of 0.960. The company issued revenue guidance of $873.0 million-$877.0 million, compared to the consensus revenue estimate of $849.6 million. Appian also updated its Q4 2026 guidance to 0.300-0.340 EPS.

Analyst Upgrades and Downgrades

APPN has been the subject of several recent analyst reports. Zacks Research cut Appian from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 6th. Citigroup upped their price objective on Appian from $37.00 to $40.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Weiss Ratings raised shares of Appian from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, September 3rd. Wall Street Zen downgraded Appian from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 17th. Finally, Barclays upped their price target on shares of Appian from $26.00 to $30.00 and gave the stock an "underweight" rating in a research note on Tuesday, October 13th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Appian presently has an average rating of "Reduce" and an average price target of $36.50.

Appian Stock Up 8.6%

Shares of NASDAQ:APPN traded up $4.28 during trading on Thursday, reaching $54.10. The stock had a trading volume of 2,007,653 shares, compared to its average volume of 967,267. The stock has a market cap of $3.88 billion, a P/E ratio of -360.64 and a beta of 0.84. The business has a fifty day moving average price of $41.03 and a 200-day moving average price of $29.30. Appian has a fifty-two week low of $18.63 and a fifty-two week high of $56.38.

Appian (NASDAQ:APPN - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.18. Appian had a negative return on equity of 35.20% and a negative net margin of 1.34%. The company had revenue of $234.63 million during the quarter, compared to the consensus estimate of $216.94 million. During the same period in the previous year, the firm posted $0.32 EPS. Appian's revenue was up 25.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 1.200-1.240 EPS and its Q4 2026 guidance at 0.300-0.340 EPS. As a group, equities analysts forecast that Appian will post 0.46 EPS for the current year.

Insider Activity

In related news, CEO Matthew Calkins sold 45,000 shares of the company's stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $37.50, for a total transaction of $1,687,500.00. Following the completion of the transaction, the chief executive officer owned 1,584,144 shares of the company's stock, valued at approximately $59,405,400. This represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 42.81% of the company's stock.

More Appian News

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Appian reported Q3 EPS of $0.51, beating the $0.33 consensus, while revenue of $234.63 million topped estimates of $216.94 million and grew 25.5% year over year. Cloud subscription revenue rose 20% to $136.4 million. Appian Announces Third Quarter 2026 Financial Results
• Positive Sentiment: FY 2026 guidance was raised to EPS of $1.20–$1.24 and revenue of $873 million–$877 million, above consensus estimates of $0.96 and $849.6 million, respectively. Appian reports strong Q3 and full-year guidance
• Positive Sentiment: William Blair upgraded Appian to Outperform, citing improving momentum into year-end, adding to the positive analyst response. William Blair upgrades Appian to Outperform
• Negative Sentiment: Q4 EPS guidance of $0.30–$0.34 has a $0.32 midpoint, below the $0.34 consensus estimate. However, the revenue outlook of $233 million–$237 million is above the $228.1 million consensus. Appian Q4 revenue guidance

Appian Company Profile

Appian Corporation NASDAQ: APPN develops and provides a low-code platform designed to help organizations build, manage and automate business applications and processes. Its platform combines process orchestration, workflow automation, artificial intelligence, robotic process automation, case management and data management capabilities in a unified environment.

Appian's software is used to improve operational efficiency, connect data and systems, and support applications such as customer service, compliance, supply chain management and government services.

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