NASDAQ:APPN

Appian (APPN) Stock Forecast, Price & News

$45.61

+0.98 (+2.20%)

(As of 09/29/2023 ET)

Compare

Today's Range: $45.01
▼
$46.56
50-Day Range: $42.40
▼
$52.04
52-Week Range: $29.80
▼
$54.26

Volume: 229,454 shs
Average Volume: 320,201 shs
Market Capitalization: $3.34 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $48.00

Appian MarketRank™ Forecast

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 5.2% Upside
$48.00 Price Target
Short Interest: Bearish
5.63% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.82
Upright™ Environmental Score
News Sentiment: 0.37
Based on 2 Articles This Week
Insider Trading: Selling Shares
$2.39 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.73) to ($1.14) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.57 out of 5 stars

Computer And Technology Sector

543rd out of 599 stocks

Prepackaged Software Industry

182nd out of 203 stocks

2.1

Analyst's Opinion

Consensus Rating
Appian has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $48.00, Appian has a forecasted upside of 5.2% from its current price of $45.61.
Amount of Analyst Coverage
Appian has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

0.0

Short Interest

Percentage of Shares Shorted
5.63% of the outstanding shares of Appian have been sold short.
Short Interest Ratio / Days to Cover
Appian has a short interest ratio ("days to cover") of 18.6, which indicates bearish sentiment.
Change versus previous month
Short interest in Appian has recently increased by 3.00%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Appian does not currently pay a dividend.
Dividend Growth
Appian does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Appian has received a 28.66% net impact score from Upright. Appian seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is driven by its "Software build automation" product. See details.
Environmental Sustainability
The Environmental Impact score for Appian is -0.82.

1.9

News and Social Media Coverage

News Sentiment
Appian has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Appian this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for APPN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
5 people have added Appian to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Appian insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,387,755.00 in company stock.
Percentage Held by Insiders
43.60% of the stock of Appian is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
41.15% of the stock of Appian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Appian are expected to grow in the coming year, from ($1.73) to ($1.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Appian is -21.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Appian is -21.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Appian has a P/B Ratio of 22.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Appian (NASDAQ:APPN) Stock

Appian Corporation provides low-code process automation platform in the United States and internationally. The company's platform offers workflow, artificial intelligence, robotic process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize end-to-end processes and complex business operations. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.

APPN Price History

30 days | 90 days | 365 days | Advanced Chart

APPN Stock News Headlines

September 27, 2023 | finance.yahoo.com

Is Appian Corporation (NASDAQ:APPN) Potentially Undervalued?

September 20, 2023 | finance.yahoo.com

Appian is Transforming Business Registrations and Services in the Texas Secretary of State's Office

September 29, 2023 | The Oxford Club (Ad)

Better Than Oil Stocks?

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

September 19, 2023 | finance.yahoo.com

Appian (APPN) Stock: A Hidden Value Trap? Unpacking the Risks and Rewards

September 19, 2023 | technews.tmcnet.com

Appian Appoints Frédéric Godde to Lead Appian France

September 14, 2023 | benzinga.com

General Counsel of Appian Makes $1.51M Sale

September 14, 2023 | benzinga.com

Appian Chief Revenue Officer Sold $225K In Company Stock

September 14, 2023 | finance.yahoo.com

Insider Sell: CFO Mark Matheos Sells 13,068 Shares of Appian Corp

September 29, 2023 | The Oxford Club (Ad)

Better Than Oil Stocks?

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

September 11, 2023 | finance.yahoo.com

Appian Just Locked in a Big Payday. Here's What Investors Need to Know

September 8, 2023 | markets.businessinsider.com

Appian (APPN) Receives a Hold from D.A. Davidson

September 7, 2023 | markets.businessinsider.com

William Blair Sticks to Their Buy Rating for Appian (APPN)

August 15, 2023 | seekingalpha.com

Appian: More Risk Than Reward

August 10, 2023 | finance.yahoo.com

This Growth Stock Is Going All-In on Private AI. Here's What That Means

August 8, 2023 | msn.com

Truist Securities Maintains Appian Corp - (APPN) Buy Recommendation

August 4, 2023 | msn.com

Morgan Stanley Maintains Appian Corp - (APPN) Equal-Weight Recommendation

August 4, 2023 | msn.com

Goldman Sachs Maintains Appian Corp - (APPN) Buy Recommendation

August 4, 2023 | finance.yahoo.com

Appian (APPN) Q2 2023 Earnings Call Transcript

August 3, 2023 | seekingalpha.com

Appian Corporation 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | theglobeandmail.com

Appian (NASDAQ:APPN) Q2: Beats On Revenue But Gross Margin Drops

August 2, 2023 | msn.com

Appian Corp - (APPN) Price Target Increased by 6.33% to 49.81

July 27, 2023 | bizjournals.com

Pegasystems CEO talks AI, Appian lawsuit in Q2 earnings call

July 21, 2023 | msn.com

Keybanc Maintains Appian Corp - (APPN) Overweight Recommendation

July 19, 2023 | msn.com

Barclays Maintains Appian Corp - (APPN) Underweight Recommendation

July 18, 2023 | finance.yahoo.com

Appian To Announce Second Quarter 2023 Financial Results on August 3

July 14, 2023 | seekingalpha.com

Appian Corporation: Navigating Challenging Growth Landscape With Promising Potential

June 27, 2023 | finanznachrichten.de

Appian Capital Advisory LLP: Appian announces strategic investment in the operating Rosh Pinah zinc mine in southwestern Namibia

See More Headlines

Receive APPN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Appian and its competitors with MarketBeat's FREE daily newsletter.

APPN Company Calendar

Last Earnings: 8/03/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:APPN
CUSIP: N/A
CIK: 1441683
Web: www.appian.com
Phone: (703) 442-8844
Fax: N/A
Employees: 2,307
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $48.00
High Stock Price Forecast: $63.00
Low Stock Price Forecast: $23.00
Forecasted Upside/Downside: +6.1%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-150,920,000.00
Net Margins: -31.11%
Pretax Margin: -30.35%
Return on Equity: -112.32%
Return on Assets: -25.12%

Debt

Debt-to-Equity Ratio: 1.77
Current Ratio: 1.34
Quick Ratio: 1.34

Sales & Book Value

Annual Sales: $467.99 million
Price / Sales: 7.07
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.00 per share
Price / Book: 22.62

Miscellaneous

Outstanding Shares: 73,120,000
Free Float: 41,238,000
Market Cap: $3.31 billion
Optionable: Optionable
Beta: 1.64

10 Best Stocks to Own in 2023

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Matthew W. Calkins (Age 50)
Founder, Chairman, CEO & Pres
Comp: $1.03M

Mr. Robert C. Kramer (Age 48)
Founder, GM & Director
Comp: $473.05k

Mr. Mark Matheos (Age 42)
Chief Financial Officer
Comp: $772.57k

Mr. William D. McCarthy (Age 57)
Acting COO & Director
Comp: $1.19M

Mr. Christopher Winters (Age 50)
Gen. Counsel & Corp. Sec.
Comp: $1.59M

Mr. Pavel Zamudio-Ramirez (Age 56)
Chief Customer Officer
Comp: $1.08M

Mr. Marc Wilson (Age 48)
Founder & Chief Partner Officer

Mr. Michael Beckley (Age 48)
Founder, Chief Marketing Officer & CTO

Mr. Myles Weber (Age 45)
Chief Information Officer

Mr. Srinivas Anantha C.F.A.
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APPN Stock - Frequently Asked Questions

Should I buy or sell Appian stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" APPN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APPN, but not buy additional shares or sell existing shares.
View APPN analyst ratings or view top-rated stocks.
What is Appian's stock price forecast for 2023?: 7 brokers have issued twelve-month price targets for Appian's stock. Their APPN share price forecasts range from $23.00 to $63.00. On average, they predict the company's share price to reach $48.00 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
View analysts price targets for APPN or view top-rated stocks among Wall Street analysts.
How have APPN shares performed in 2023?: Appian's stock was trading at $32.56 at the start of the year. Since then, APPN shares have increased by 38.9% and is now trading at $45.23.
View the best growth stocks for 2023 here.
When is Appian's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our APPN earnings forecast.
How were Appian's earnings last quarter?: Appian Co. (NASDAQ:APPN) posted its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.55) earnings per share for the quarter, beating the consensus estimate of ($0.57) by $0.02. The business earned $127.72 million during the quarter, compared to the consensus estimate of $123.94 million. Appian had a negative net margin of 31.11% and a negative trailing twelve-month return on equity of 112.32%.
What ETFs hold Appian's stock?: ETFs with the largest weight of Appian (NASDAQ:APPN) stock in their portfolio include First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), First Trust Cloud Computing ETF (SKYY), AdvisorShares Let Bob AI Powered Momentum ETF (LETB), WisdomTree Growth Leaders Fund (PLAT), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and Wedbush ETFMG Global Cloud Technology ETF (IVES).
What guidance has Appian issued on next quarter's earnings?: Appian issued an update on its FY23 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $(1.16)-$(1.10) for the period, compared to the consensus earnings per share estimate of ($1.13). The company issued revenue guidance of $538-543 million, compared to the consensus revenue estimate of $536.72 million.
What is Matt Calkins' approval rating as Appian's CEO?: 281 employees have rated Appian Chief Executive Officer Matt Calkins on Glassdoor.com. Matt Calkins has an approval rating of 82% among the company's employees. 88.0% of employees surveyed would recommend working at Appian to a friend.

What other stocks do shareholders of Appian own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Appian investors own include NVIDIA (NVDA), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Block (SQ), Twilio (TWLO), Zoom Video Communications (ZM), Tesla (TSLA), PayPal (PYPL) and CrowdStrike (CRWD).
When did Appian IPO?: (APPN) raised $76 million in an IPO on Thursday, May 25th 2017. The company issued 6,300,000 shares at a price of $11.00-$13.00 per share. Morgan Stanley, Goldman, Sachs and Barclays served as the underwriters for the IPO and Pacific Crest Securities (a division of KeyBanc Capital Markets), Canaccord Genuity and Cowen and Company were co-managers.
What is Appian's stock symbol?: Appian trades on the NASDAQ under the ticker symbol "APPN."
How do I buy shares of Appian?: Shares of APPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Appian's stock price today?: One share of APPN stock can currently be purchased for approximately $45.23.
How much money does Appian make?: Appian (NASDAQ:APPN) has a market capitalization of $3.31 billion and generates $467.99 million in revenue each year. The company earns $-150,920,000.00 in net income (profit) each year or ($2.17) on an earnings per share basis.
How many employees does Appian have?: The company employs 2,307 workers across the globe.
How can I contact Appian?: Appian's mailing address is 7950 JONES BRANCH DRIVE, TYSONS VA, 22102. The official website for the company is www.appian.com. The company can be reached via phone at (703) 442-8844 or via email at investors@appian.com.

This page (NASDAQ:APPN) was last updated on 9/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial