Appian - APPN Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.
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9 brokerages have issued 1 year price objectives for Appian's stock. Their APPN share price forecasts range from $23.00 to $63.00. On average, they expect the company's share price to reach $45.89 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price.
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Appian's stock was trading at $32.56 on January 1st, 2023. Since then, APPN stock has increased by 36.3% and is now trading at $44.38.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our APPN earnings forecast.

Appian Co. (NASDAQ:APPN) released its earnings results on Thursday, February, 16th. The company reported ($0.44) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.54) by $0.10. The firm earned $125.79 million during the quarter, compared to analyst estimates of $122.35 million. Appian had a negative trailing twelve-month return on equity of 66.82% and a negative net margin of 32.25%.

ETFs with the largest weight of Appian (NASDAQ:APPN) stock in their portfolio include First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), First Trust Cloud Computing ETF (SKYY), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), WisdomTree Growth Leaders Fund (PLAT), ProShares Ultra Cloud Computing (SKYU), Wedbush ETFMG Global Cloud Technology ETF (IVES), Global X Robotics & Artificial Intelligence ETF (BOTZ) and SPDR S&P Software & Services ETF (XSW).

Appian updated its FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share (EPS) guidance of -$1.14--$1.07 for the period, compared to the consensus earnings per share estimate of -$1.23. The company issued revenue guidance of $530.00 million-$535.00 million, compared to the consensus revenue estimate of $530.49 million.

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.

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).

(APPN) raised $76 million in an initial public offering (IPO) on Thursday, May 25th 2017. The company issued 6,300,000 shares at $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 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.
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One share of APPN stock can currently be purchased for approximately $44.38.

Appian (NASDAQ:APPN) has a market capitalization of $3.23 billion and generates $467.99 million in revenue each year. The company earns $-150,920,000.00 in net income (profit) each year or ($2.08) on an earnings per share basis.

The company employs 2,307 workers across the globe.

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.