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 stock has increased by 32.7% and is now trading at $53.61. 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 earnings results on Thursday, May, 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.08. The company had revenue of $78.86 million for 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 revenue for the quarter was up 30.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.12) earnings per share. 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 equities research analysts have issued twelve-month price objectives 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 twelve months. This suggests that the stock has a possible downside of 20.7%. View analysts' price targets for Appian.

Headlines about APPN stock have been trending negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Appian earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very 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 Coupa Software (COUP), Tableau Software (DATA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Tyler Technologies (TYL), Mongodb (MDB), Symantec (SYMC), NortonLifeLock (NLOK), Ceridian HCM (CDAY), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Dropbox (DBX), PTC (PTC), UBISOFT ENTMT S/ADR (UBSFY) and Guidewire Software (GWRE). 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 (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 trades on the NASDAQ under the ticker symbol "APPN."

Appian's stock is owned by a number of retail and institutional investors. Top institutional investors 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 purchased 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 $53.61.

Appian has a market capitalization of $3.63 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.

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]