Appian - APPN Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Appian in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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.
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8 Wall Street analysts have issued 1-year price objectives for Appian's stock. Their APPN share price forecasts range from $32.00 to $63.00. On average, they expect the company's stock price to reach $49.13 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price.
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Appian's stock was trading at $65.21 on January 1st, 2022. Since then, APPN stock has decreased by 44.1% and is now trading at $36.48.
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Appian saw a decline in short interest in November. As of November 15th, there was short interest totaling 4,330,000 shares, a decline of 14.9% from the October 31st total of 5,090,000 shares. Based on an average trading volume of 427,200 shares, the days-to-cover ratio is currently 10.1 days.
View Appian's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our APPN earnings forecast.

Appian Co. (NASDAQ:APPN) released its quarterly earnings results on Thursday, November, 3rd. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by $0.27. The company earned $117.88 million during the quarter, compared to analysts' expectations of $116.11 million. Appian had a negative trailing twelve-month return on equity of 53.25% and a negative net margin of 31.83%. The firm's revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.29) EPS.

Appian updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of -$0.42--$0.36 for the period, compared to the consensus earnings per share estimate of -$0.17. The company issued revenue guidance of $121.50 million-$123.50 million, compared to the consensus revenue estimate of $127.39 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 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 a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (7.76%), Vanguard Group Inc. (5.32%), BlackRock Inc. (3.99%), First Trust Advisors LP (1.42%), StackLine Partners LP (0.83%) and Bank of New York Mellon Corp (0.24%). Insiders that own company stock include Abdiel Capital Management, Llc, Albert GW Biddle III, Bobbie G Kilberg, Christopher Winters, David Leon Mitchell, Eric Calvin Cross, Mark Matheos, Mark Steven Lynch, Matthew W Calkins, Michael G Devine, Michael J Mulligan, Pavel Zamudio-Ramirez, Prashanth Boccassam and Robert Charles Kramer.
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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 $36.48.

Appian (NASDAQ:APPN) has a market capitalization of $2.64 billion and generates $369.26 million in revenue each year. The company earns $-88,640,000.00 in net income (profit) each year or ($1.97) on an earnings per share basis.

The company employs 1,798 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.