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

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

Appian Corp (NASDAQ:APPN) announced its quarterly earnings results on Thursday, August, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.07. The company 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%. Appian'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 earned ($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 issued an update on its FY 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of $-0.55--0.51 for the period, compared to the Thomson Reuters consensus EPS 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 target prices 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 25.6%. 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 somewhat negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Appian earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Appian.

Appian saw a increase in short interest during the month of 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 daily trading volume, of 728,200 shares, the days-to-cover ratio is currently 9.1 days. Currently, 21.8% of the company's stock are short sold. View Appian's Current Options Chain.

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

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 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 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 a number of of retail and institutional 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, 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 $48.65.

Appian has a market capitalization of $3.16 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]