Appian Stock Price, News & Analysis (NASDAQ:APPN)

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

Appian Corp (NASDAQ:APPN) released its earnings results on Thursday, August, 8th. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.07. The firm earned $66.90 million during 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 was up 11.7% compared to the same quarter last year. During the same period in the prior year, the company 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 earnings per share guidance of $-0.55--0.51 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts 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 23.9%. 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.

News coverage about APPN stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing 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 news sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Appian.

Appian saw a increase in short interest in August. As of August 31st, there was short interest totalling 6,596,000 shares, an increase of 6.7% from the July 31st total of 6,182,800 shares. Based on an average trading volume of 728,200 shares, the days-to-cover ratio is currently 9.1 days. Currently, 21.8% of the shares of the company are short sold. View Appian's Current Options Chain.

Some companies that are related to Appian include Paycom Software (PAYC), Citrix Systems (CTXS), Okta (OKTA), Docusign (DOCU), The Ultimate Software Group (ULTI), Tyler Technologies (TYL), Black Knight (BKI), Guidewire Software (GWRE), UBISOFT ENTMT S/ADR (UBSFY), Coupa Software (COUP), Dropbox (DBX), PTC (PTC), Mongodb (MDB), Ceridian HCM (CDAY) and Alteryx (AYX).

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), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Stitch Fix (SFIX), Paypal (PYPL) and Micron Technology (MU).

(APPN) raised $76 million in an initial public offering (IPO) on Thursday, May 25th 2017. The company issued 6,300,000 shares at $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's stock is owned by a number of of institutional and retail investors. Top institutional investors 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, 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 for Appian.

APPN stock was purchased 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, Robinhood, Fidelity and Charles Schwab.

One share of APPN stock can currently be purchased for approximately $47.57.

Appian has a market capitalization of $3.09 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, 22102. The company can be reached via phone at 703-442-8844 or via email at [email protected]