NASDAQ:APPN - Appian 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 (WHO). Since then, APPN stock has decreased by 3.4% and is now trading at $39.00. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 6 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, May 7th 2020. View our earnings forecast for Appian.

Appian Corp (NASDAQ:APPN) posted its quarterly earnings data on Thursday, February, 20th. The company reported ($0.16) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.02. The business earned $68.62 million during the quarter, compared to analysts' expectations of $69.78 million. Appian had a negative net margin of 18.96% and a negative return on equity of 41.67%. The business's revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.11) earnings per share. View Appian's earnings history.

Appian issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of (0.58-0.55) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.36). The company issued revenue guidance of $296-298 million, compared to the consensus revenue estimate of $309.30 million.

7 brokerages have issued twelve-month price targets for Appian's stock. Their forecasts range from $35.10 to $49.00. On average, they anticipate Appian's stock price to reach $41.59 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price. View analysts' price targets for Appian.

News articles about APPN stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. 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 impact score of -1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAppian.

Appian saw a drop in short interest in March. As of March 13th, there was short interest totaling 8,127,300 shares, a drop of 6.0% from the February 27th total of 8,650,000 shares. Based on an average daily trading volume, of 1,134,400 shares, the short-interest ratio is currently 7.2 days. Currently, 27.7% of the shares of the stock are sold short. View Appian's Current Options Chain.

Some companies that are related to Appian include Datadog (DDOG), Coupa Software (COUP), UBISOFT ENTMT S/ADR (UBSFY), Black Knight (BKI), Mongodb (MDB), Dropbox (DBX), Temenos (TMNSF), PTC (PTC), Ceridian HCM (CDAY), Dynatrace (DT), Guidewire Software (GWRE), Trend Micro (TMICY), Cloudflare (NET), Avalara (AVLR) and Alteryx (AYX).

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), Twilio (TWLO), Square (SQ), Alibaba Group (BABA), Arista Networks (ANET), Stitch Fix (SFIX) and Micron Technology (MU).

(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.

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

Appian's stock is owned by many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (5.33%), First Trust Advisors LP (1.39%), Lord Abbett & CO. LLC (1.23%), State Street Corp (1.04%), Amundi Pioneer Asset Management Inc. (0.80%) and Geode Capital Management LLC (0.66%). Company insiders that own Appian stock include Abdiel Capital Management, Llc, Albert GW Biddle III, Christopher Winters, David Leon Mitchell, Edward L Hughes, Mark Steven Lynch, Matthew W Calkins, Michael G Devine, Michael J Mulligan, Prashanth Boccassam, Qualified Master Fund L Abdiel and Robert Charles Kramer. View institutional ownership trends for Appian.

APPN stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Renaissance Technologies LLC, SG Americas Securities LLC, Cubist Systematic Strategies LLC, PNC Financial Services Group Inc., Lord Abbett & CO. LLC, Bank of America Corp DE, and Bank of New York Mellon Corp. Company insiders that have sold Appian company stock in the last year include Abdiel Capital Management, Llc, Albert GW Biddle III, Christopher Winters, David Leon Mitchell, Mark Steven Lynch, Matthew W Calkins, Michael G Devine, Michael J Mulligan, Prashanth Boccassam, Qualified Master Fund L Abdiel, and Robert Charles Kramer. View insider buying and selling activity for Appian.

APPN stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., First Trust Advisors LP, Amundi Pioneer Asset Management Inc., Point72 Asset Management L.P., CWM LLC, LA Financiere DE L Echiquier, Aigen Investment Management LP, and Geode Capital Management LLC. Company insiders that have bought Appian stock in the last two years include Abdiel Capital Management, Llc, and Qualified Master Fund L Abdiel. View insider buying and selling activity for Appian.

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 $39.00.

Appian has a market capitalization of $2.63 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. View additional information about Appian.

The official website for Appian is http://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]