NASDAQ:APPN - Appian Stock Price, News & Analysis

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

Appian Corp (NASDAQ:APPN) issued its quarterly earnings results on Thursday, August, 8th. The company reported ($0.10) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.17) by $0.07. The company had revenue of $66.90 million for the quarter, compared to the consensus estimate of $63.44 million. Appian had a negative return on equity of 80.44% and a negative net margin of 23.12%. The company's revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.14) EPS. View Appian's Earnings History.

Appian is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Appian.

Appian updated its FY 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $-0.55--0.51 for the period, compared to the Thomson Reuters consensus estimate of $-0.53. The company issued revenue guidance of $260.5-262.5 million, compared to the consensus revenue estimate of $256.93 million.

6 brokers have issued 12-month price targets for Appian's shares. Their forecasts range from $26.00 to $46.00. On average, they anticipate Appian's share price to reach $36.1833 in the next year. This suggests that the stock has a possible downside of 39.8%. View Analyst Price Targets for Appian.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Appian.

Press coverage about APPN stock has trended positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Appian earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Appian.

Appian saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 6,182,800 shares, an increase of 10.3% from the June 30th total of 5,606,500 shares. Based on an average daily volume of 614,100 shares, the days-to-cover ratio is presently 10.1 days. Currently, 21.1% of the company's shares are sold short. View Appian's Current Options Chain.

Some companies that are related to Appian include Okta (OKTA), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tableau Software (DATA), Symantec (SYMC), Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC), Temenos (TMNSF), The Ultimate Software Group (ULTI), Tyler Technologies (TYL), Black Knight (BKI), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX) and Coupa Software (COUP).

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

(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's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.43%), BlackRock Inc. (3.16%), First Trust Advisors LP (1.68%), Baillie Gifford & Co. (1.43%), Cortina Asset Management LLC (0.93%) and D. E. Shaw & Co. Inc. (0.89%). Company insiders that own Appian stock include Abdiel Capital Management, Llc, Albert GW Biddle III, Bobbie G Kilberg, Christopher Winters, David Leon Mitchell, Edward L Hughes, M James Barrett, 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 D. E. Shaw & Co. Inc., Renaissance Technologies LLC, Bank of America Corp DE, JPMorgan Chase & Co., Nepsis Inc., Roundview Capital LLC, LPL Financial LLC and MML Investors Services LLC. 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, Edward L Hughes, Mark Steven Lynch, Michael G Devine, Michael J Mulligan, Prashanth Boccassam, Qualified Master Fund L Abdiel and Robert Charles Kramer. View Insider Buying and Selling for Appian.

APPN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Granite Investment Partners LLC, Intrinsic Edge Capital Management LLC, Vanguard Group Inc., Amundi Pioneer Asset Management Inc., Ashford Capital Management Inc. and Baillie Gifford & Co.. 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 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, Scottrade, Fidelity and Charles Schwab.

One share of APPN stock can currently be purchased for approximately $60.06.

Appian has a market capitalization of $3.90 billion and generates $226.74 million in revenue each year. The company earns $-49,450,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis. Appian employs 1,058 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, 20190. The company can be reached via phone at 703-442-8844 or via email at [email protected]