NASDAQ:APPNAppian Stock Price, Forecast & News

Appian's stock was trading at $40.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, APPN shares have increased by 41.0% and is now trading at $56.96. 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 quarterly earnings data on Thursday, May, 7th. The company reported ($0.12) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.20) by $0.08. The company earned $78.86 million during the quarter, compared to analyst estimates of $70.32 million. Appian had a negative net margin of 15.61% and a negative return on equity of 28.77%. The firm's quarterly revenue was up 30.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.12) EPS. 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 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 Wall Street analysts have issued 12-month target prices for Appian's shares. Their forecasts range from $35.00 to $49.00. On average, they anticipate Appian's share price to reach $42.50 in the next year. This suggests that the stock has a possible downside of 25.4%. View analysts' price targets for Appian.

Headlines about APPN stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Appian earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned media stories 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 few days. View the latest news aboutAppian.

Some companies that are related to Appian include Check Point Software Technologies (CHKP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Tyler Technologies (TYL), Tableau Software (DATA), Coupa Software (COUP), Symantec (SYMC), NortonLifeLock (NLOK), Mongodb (MDB), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Ceridian HCM (CDAY), Dropbox (DBX) and Alteryx (AYX). 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 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."

Appian's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (5.28%), BlackRock Inc. (3.56%), First Trust Advisors LP (1.36%), State Street Corp (1.07%), Morgan Stanley (0.90%) and Morgan Stanley (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, 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 Lord Abbett & CO. LLC, Engle Capital Management L.P., Silvercrest Asset Management Group LLC, Morgan Stanley, Morgan Stanley, Legal & General Group Plc, Deutsche Bank AG, and Aigen Investment Management LP. Company insiders that have sold Appian company stock in the last year include Abdiel Capital Management, Llc, Albert GW Biddle III, Bobbie G Kilberg, 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 bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Advantage Alpha Capital Partners LP, Geode Capital Management LLC, Baird Financial Group Inc., Nepsis Inc., Nepsis Inc., Russell Investments Group Ltd., and State Street Corp. 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 $56.96.

Appian has a market capitalization of $3.85 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]