NASDAQ:APPNAppian Stock Price, Forecast & News

Appian's stock was trading at $40.39 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, APPN shares have increased by 21.8% and is now trading at $49.21. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Appian.

Appian is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Appian.

Appian Corp (NASDAQ:APPN) posted its earnings results on Thursday, May, 7th. The company reported ($0.12) EPS for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.08. The company had revenue of $78.86 million for the quarter, compared to analysts' expectations of $70.32 million. Appian had a negative net margin of 15.61% and a negative return on equity of 28.77%. Appian's quarterly revenue was up 30.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.12) earnings per share. View Appian's earnings history.

Appian issued an update on its second quarter earnings guidance on Thursday, May, 7th. The company provided EPS guidance of ($0.26)-($0.23) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.16). The company issued revenue guidance of $60.0-61.0 million, compared to the consensus revenue estimate of $71.35 million.

7 brokers have issued twelve-month price targets for Appian's shares. Their forecasts range from $35.00 to $49.00. On average, they anticipate Appian's share price to reach $43.00 in the next year. This suggests that the stock has a possible downside of 12.6%. View analysts' price targets for Appian.

Media stories about APPN stock have been trending negative on Tuesday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Appian earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Appian.

Some companies that are related to Appian include Tableau Software (DATA), SS&C Technologies (SSNC), Tyler Technologies (TYL), Mongodb (MDB), Symantec (SYMC), Ceridian HCM (CDAY), Dynatrace (DT), NortonLifeLock (NLOK), Nice (NICE), Alteryx (AYX), Cloudflare (NET), Temenos (TMNSF), Black Knight (BKI), Avalara (AVLR) and UBISOFT ENTMT S/ADR (UBSFY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Appian investors own include Trade Desk (TTD), NVIDIA (NVDA), Okta (OKTA), Shopify (SHOP), Twilio (TWLO), Square (SQ), Alibaba Group (BABA), Zoom Video Communications (ZM), Stitch Fix (SFIX) and Arista Networks (ANET).

(APPN) raised $76 million in an initial public offering (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 acted 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.

Appian trades on the NASDAQ under the ticker symbol "APPN."

Shares of APPN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of APPN stock can currently be purchased for approximately $49.21.

Appian has a market capitalization of $3.43 billion and generates $260.35 million in revenue each year. The company earns $-50,710,000.00 in net income (profit) each year or ($0.77) on an earnings per share basis. Appian employs 1,018 workers across the globe.

The official website for Appian is www.appian.com.

Appian's mailing address is 7950 JONES BRANCH DRIVE, TYSONS VA, 22102. The company can be reached via phone at 703-442-8844 or via email at [email protected]