Q2 Earnings Forecast for Appian Issued By DA Davidson

Appian Co. (NASDAQ:APPN - Free Report) - Analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Appian in a research note issued on Monday, June 9th. DA Davidson analyst W. Jellison forecasts that the company will earn ($0.27) per share 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.

APPN has been the subject of a number of other reports. Morgan Stanley raised their price target on shares of Appian from $27.00 to $29.00 and gave the stock an "equal weight" rating in a research report on Friday, May 9th. Scotiabank reduced their target price on shares of Appian from $37.00 to $34.00 and set a "sector perform" rating for the company in a report on Thursday, April 24th. Citigroup upped their price target on shares of Appian from $40.00 to $41.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. Finally, Barclays lifted their price objective on Appian from $28.00 to $33.00 and gave the company an "underweight" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $36.29.

Appian Price Performance

Appian stock traded down $0.47 during mid-day trading on Wednesday, reaching $30.62. 157,661 shares of the company traded hands, compared to its average volume of 562,700. The firm's fifty day moving average is $30.18 and its two-hundred day moving average is $32.50. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of -24.30 and a beta of 1.75. Appian has a fifty-two week low of $24.00 and a fifty-two week high of $43.33.

Appian (NASDAQ:APPN - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $166.43 million for the quarter, compared to analyst estimates of $163.27 million. During the same quarter in the previous year, the firm earned ($0.24) earnings per share. The company's revenue was up 11.1% on a year-over-year basis.

Insider Buying and Selling at Appian

In other Appian news, major shareholder Abdiel Capital Advisors, Lp sold 78,528 shares of the 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 sale, the insider now directly owns 9,942,140 shares of the company's stock, valued at approximately $263,367,288.60. This represents a 0.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 2,258,145 shares of company stock valued at $71,160,372 in the last quarter. Corporate insiders own 43.00% of the company's stock.

Hedge Funds Weigh In On Appian

Several large investors have recently bought and sold shares of APPN. Barclays PLC boosted its position in shares of Appian by 285.9% during the 3rd quarter. Barclays PLC now owns 71,771 shares of the company's stock worth $2,451,000 after acquiring an additional 53,172 shares in the last quarter. Entropy Technologies LP purchased a new stake in Appian during the fourth quarter worth approximately $208,000. Handelsbanken Fonder AB raised its holdings in Appian by 14.7% during the fourth quarter. Handelsbanken Fonder AB now owns 8,600 shares of the company's stock worth $284,000 after purchasing an additional 1,100 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in Appian by 5.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 8,200 shares of the company's stock worth $270,000 after purchasing an additional 400 shares in the last quarter. Finally, Versor Investments LP purchased a new stake in shares of Appian during the 4th quarter worth approximately $574,000. Hedge funds and other institutional investors own 52.70% of the company's stock.

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.