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Appian (APPN) Competitors

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$42.51 +1.11 (+2.68%)
As of 08/28/2026 04:00 PM Eastern

APPN vs. FRSH, BSY, SAIL, PAYC, and HUT

Should you buy Appian stock or one of its competitors? Appian's main competitors and comparable companies include Freshworks (FRSH), Bentley Systems (BSY), SailPoint (SAIL), Paycom Software (PAYC), and Hut 8 (HUT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does Appian compare to Freshworks?

Freshworks (NASDAQ:FRSH) and Appian (NASDAQ:APPN) are both mid-cap technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, profitability, institutional ownership, media sentiment, analyst recommendations, valuation and risk.

Freshworks presently has a consensus price target of $14.17, indicating a potential upside of 2.21%. Appian has a consensus price target of $31.00, indicating a potential downside of 27.08%. Given Freshworks' stronger consensus rating and higher possible upside, equities analysts plainly believe Freshworks is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freshworks
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Appian
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14

Freshworks has a net margin of 20.49% compared to Appian's net margin of -1.34%. Freshworks' return on equity of 5.52% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Freshworks20.49% 5.52% 3.45%
Appian -1.34%-35.20%3.64%

Freshworks has higher revenue and earnings than Appian. Appian is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Freshworks$838.81M4.31$183.72M$0.6421.66
Appian$795.31M3.83$1.23M-$0.15N/A

In the previous week, Appian had 1 more articles in the media than Freshworks. MarketBeat recorded 3 mentions for Appian and 2 mentions for Freshworks. Appian's average media sentiment score of 1.66 beat Freshworks' score of 0.99 indicating that Appian is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Freshworks
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Appian
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Freshworks has a beta of 0.86, indicating that its stock price is 14% less volatile than the broader market. Comparatively, Appian has a beta of 0.85, indicating that its stock price is 15% less volatile than the broader market.

75.6% of Freshworks shares are held by institutional investors. Comparatively, 52.7% of Appian shares are held by institutional investors. 8.5% of Freshworks shares are held by company insiders. Comparatively, 42.8% of Appian shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Freshworks beats Appian on 12 of the 16 factors compared between the two stocks.

How does Appian compare to Bentley Systems?

Bentley Systems (NASDAQ:BSY) and Appian (NASDAQ:APPN) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, media sentiment, profitability, risk, institutional ownership and analyst recommendations.

Bentley Systems presently has a consensus price target of $45.00, suggesting a potential upside of 20.64%. Appian has a consensus price target of $31.00, suggesting a potential downside of 27.08%. Given Bentley Systems' stronger consensus rating and higher possible upside, equities research analysts plainly believe Bentley Systems is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bentley Systems
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64
Appian
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14

Bentley Systems has a net margin of 18.10% compared to Appian's net margin of -1.34%. Bentley Systems' return on equity of 28.43% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Bentley Systems18.10% 28.43% 9.69%
Appian -1.34%-35.20%3.64%

Bentley Systems has a beta of 0.98, indicating that its share price is 2% less volatile than the broader market. Comparatively, Appian has a beta of 0.85, indicating that its share price is 15% less volatile than the broader market.

In the previous week, Appian had 1 more articles in the media than Bentley Systems. MarketBeat recorded 3 mentions for Appian and 2 mentions for Bentley Systems. Bentley Systems' average media sentiment score of 1.81 beat Appian's score of 1.66 indicating that Bentley Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bentley Systems
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Appian
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

44.2% of Bentley Systems shares are owned by institutional investors. Comparatively, 52.7% of Appian shares are owned by institutional investors. 20.3% of Bentley Systems shares are owned by company insiders. Comparatively, 42.8% of Appian shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Bentley Systems has higher revenue and earnings than Appian. Appian is trading at a lower price-to-earnings ratio than Bentley Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bentley Systems$1.60B6.77$277.86M$0.9140.99
Appian$795.31M3.83$1.23M-$0.15N/A

Summary

Bentley Systems beats Appian on 13 of the 17 factors compared between the two stocks.

How does Appian compare to SailPoint?

Appian (NASDAQ:APPN) and SailPoint (NASDAQ:SAIL) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, valuation, media sentiment, profitability and risk.

Appian has a beta of 0.85, suggesting that its stock price is 15% less volatile than the broader market. Comparatively, SailPoint has a beta of 2.08, suggesting that its stock price is 108% more volatile than the broader market.

52.7% of Appian shares are held by institutional investors. 42.8% of Appian shares are held by insiders. Comparatively, 1.7% of SailPoint shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Appian has a net margin of -1.34% compared to SailPoint's net margin of -14.04%. SailPoint's return on equity of 2.31% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Appian-1.34% -35.20% 3.64%
SailPoint -14.04%2.31%2.10%

In the previous week, SailPoint had 3 more articles in the media than Appian. MarketBeat recorded 6 mentions for SailPoint and 3 mentions for Appian. Appian's average media sentiment score of 1.66 beat SailPoint's score of 1.59 indicating that Appian is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Appian
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
SailPoint
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Appian currently has a consensus price target of $31.00, indicating a potential downside of 27.08%. SailPoint has a consensus price target of $20.26, indicating a potential upside of 2.16%. Given SailPoint's stronger consensus rating and higher possible upside, analysts plainly believe SailPoint is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Appian
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14
SailPoint
1 Sell rating(s)
5 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.75

Appian has higher earnings, but lower revenue than SailPoint. Appian is trading at a lower price-to-earnings ratio than SailPoint, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Appian$795.31M3.83$1.23M-$0.15N/A
SailPoint$1.07B10.50-$270.05M-$0.27N/A

Summary

SailPoint beats Appian on 9 of the 16 factors compared between the two stocks.

How does Appian compare to Paycom Software?

Paycom Software (NYSE:PAYC) and Appian (NASDAQ:APPN) are both technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, valuation, profitability, analyst recommendations, earnings and dividends.

In the previous week, Paycom Software had 23 more articles in the media than Appian. MarketBeat recorded 26 mentions for Paycom Software and 3 mentions for Appian. Appian's average media sentiment score of 1.66 beat Paycom Software's score of 1.22 indicating that Appian is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paycom Software
19 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Appian
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Paycom Software presently has a consensus price target of $208.08, suggesting a potential downside of 12.94%. Appian has a consensus price target of $31.00, suggesting a potential downside of 27.08%. Given Paycom Software's stronger consensus rating and higher possible upside, equities analysts plainly believe Paycom Software is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paycom Software
0 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.47
Appian
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14

Paycom Software has higher revenue and earnings than Appian. Appian is trading at a lower price-to-earnings ratio than Paycom Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paycom Software$2.05B5.25$453.40M$9.4125.40
Appian$795.31M3.83$1.23M-$0.15N/A

Paycom Software has a beta of 0.76, suggesting that its share price is 24% less volatile than the broader market. Comparatively, Appian has a beta of 0.85, suggesting that its share price is 15% less volatile than the broader market.

87.8% of Paycom Software shares are owned by institutional investors. Comparatively, 52.7% of Appian shares are owned by institutional investors. 13.2% of Paycom Software shares are owned by company insiders. Comparatively, 42.8% of Appian shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Paycom Software has a net margin of 22.78% compared to Appian's net margin of -1.34%. Paycom Software's return on equity of 37.06% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Paycom Software22.78% 37.06% 8.17%
Appian -1.34%-35.20%3.64%

Summary

Paycom Software beats Appian on 13 of the 16 factors compared between the two stocks.

How does Appian compare to Hut 8?

Appian (NASDAQ:APPN) and Hut 8 (NASDAQ:HUT) are both mid-cap technology companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

Appian has a beta of 0.85, meaning that its stock price is 15% less volatile than the broader market. Comparatively, Hut 8 has a beta of 4.64, meaning that its stock price is 364% more volatile than the broader market.

Appian currently has a consensus target price of $31.00, indicating a potential downside of 27.08%. Hut 8 has a consensus target price of $144.89, indicating a potential upside of 82.44%. Given Hut 8's stronger consensus rating and higher probable upside, analysts clearly believe Hut 8 is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Appian
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14
Hut 8
1 Sell rating(s)
0 Hold rating(s)
17 Buy rating(s)
3 Strong Buy rating(s)
3.05

Appian has higher revenue and earnings than Hut 8. Appian is trading at a lower price-to-earnings ratio than Hut 8, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Appian$795.31M3.83$1.23M-$0.15N/A
Hut 8$235.12M41.64-$226.15M-$5.45N/A

52.7% of Appian shares are owned by institutional investors. Comparatively, 31.8% of Hut 8 shares are owned by institutional investors. 42.8% of Appian shares are owned by company insiders. Comparatively, 10.4% of Hut 8 shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Hut 8 had 19 more articles in the media than Appian. MarketBeat recorded 22 mentions for Hut 8 and 3 mentions for Appian. Appian's average media sentiment score of 1.66 beat Hut 8's score of 1.37 indicating that Appian is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Appian
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Hut 8
16 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Appian has a net margin of -1.34% compared to Hut 8's net margin of -188.59%. Hut 8's return on equity of -0.97% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Appian-1.34% -35.20% 3.64%
Hut 8 -188.59%-0.97%-0.36%

Summary

Hut 8 beats Appian on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding APPN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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APPN vs. The Competition

MetricAppianSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$3.04B$16.40B$29.73B$12.90B
Dividend YieldN/A3.41%2.74%11.28%
P/E Ratio-283.38139.5775.8225.45
Price / Sales3.831,295.09591.0776.92
Price / Cash202.2249.2949.2953.00
Price / Book-28.927.509.316.14
Net Income$1.23M$434.56M$678.22M$348.86M
7 Day Performance10.99%1.69%-0.07%-0.80%
1 Month Performance60.54%5.79%4.19%4.13%
1 Year Performance38.11%5.34%187.24%15.17%

Appian Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
APPN
Appian
2.6713 of 5 stars
$42.51
+2.7%
$31.00
-27.1%
+38.1%$3.04B$795.31MN/A2,149
FRSH
Freshworks
3.487 of 5 stars
$13.19
+1.6%
$14.17
+7.4%
+2.9%$3.39B$903.87M20.614,500
BSY
Bentley Systems
4.5553 of 5 stars
$37.68
+1.6%
$45.00
+19.4%
-33.0%$10.77B$1.50B41.417,900
SAIL
SailPoint
2.5958 of 5 stars
$18.13
-2.7%
$20.26
+11.7%
-3.9%$10.57B$1.07BN/A3,229
PAYC
Paycom Software
3.9329 of 5 stars
$229.72
+0.3%
$204.69
-10.9%
+5.3%$10.32B$2.05B24.415,770

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This page (NASDAQ:APPN) was last updated on 8/30/2026 by MarketBeat.com Staff.
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