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Appian (APPN) Competitors

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$40.10 +1.44 (+3.72%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$40.26 +0.16 (+0.40%)
As of 10/9/2026 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

APPN vs. FRSH, PAYC, FIG, ESTC, and BSY

Should you buy Appian stock or one of its competitors? Appian's main competitors and comparable companies include Freshworks (FRSH), Paycom Software (PAYC), Figma (FIG), Elastic (ESTC), and Bentley Systems (BSY). 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 better investment? We will compare the two companies based on the strength of their valuation, profitability, institutional ownership, risk, earnings, dividends, media sentiment and analyst recommendations.

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

In the previous week, Freshworks had 6 more articles in the media than Appian. MarketBeat recorded 14 mentions for Freshworks and 8 mentions for Appian. Freshworks' average media sentiment score of 0.32 beat Appian's score of -0.15 indicating that Freshworks is being referred to more favorably in the media.

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

Freshworks has a beta of 0.9, meaning that its stock price is 10% less volatile than the broader market. Comparatively, Appian has a beta of 0.92, meaning that its stock price is 8% less volatile than the broader market.

Freshworks currently has a consensus target price of $14.46, suggesting a potential upside of 3.89%. Appian has a consensus target price of $31.00, suggesting a potential downside of 22.69%. Given Freshworks' stronger consensus rating and higher possible upside, research analysts clearly believe Freshworks is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freshworks
0 Sell rating(s)
8 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.56
Appian
2 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.86

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$903.87M4.02$183.72M$0.6421.75
Appian$726.94M3.95$1.23M-$0.15N/A

Summary

Freshworks beats Appian on 14 of the 17 factors compared between the two stocks.

How does Appian compare to Paycom Software?

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

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
Appian-1.34% -35.20% 3.64%
Paycom Software 22.78%37.06%8.17%

Appian has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market. Comparatively, Paycom Software has a beta of 0.82, indicating that its share price is 18% less volatile than the broader market.

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
Appian$726.94M3.95$1.23M-$0.15N/A
Paycom Software$2.05B5.10$453.40M$9.4124.69

In the previous week, Appian and Appian both had 8 articles in the media. Paycom Software's average media sentiment score of 0.12 beat Appian's score of -0.15 indicating that Paycom Software is being referred to more favorably in the news 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)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Paycom Software
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

Appian presently has a consensus price target of $31.00, suggesting a potential downside of 22.69%. Paycom Software has a consensus price target of $216.93, suggesting a potential downside of 6.61%. Given Paycom Software's stronger consensus rating and higher probable upside, analysts plainly believe Paycom Software is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Appian
2 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.86
Paycom Software
1 Sell rating(s)
10 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Paycom Software beats Appian on 13 of the 15 factors compared between the two stocks.

How does Appian compare to Figma?

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

Figma presently has a consensus price target of $32.56, indicating a potential upside of 45.03%. Appian has a consensus price target of $31.00, indicating a potential downside of 22.69%. Given Figma's stronger consensus rating and higher probable upside, analysts plainly believe Figma is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Figma
1 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.21
Appian
2 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.86

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Figma$1.06B9.68-$1.25B-$3.64N/A
Appian$726.94M3.95$1.23M-$0.15N/A

Appian has a net margin of -1.34% compared to Figma's net margin of -123.15%. Appian's return on equity of -35.20% beat Figma's return on equity.

Company Net Margins Return on Equity Return on Assets
Figma-123.15% -100.03% -64.39%
Appian -1.34%-35.20%3.64%

52.7% of Appian shares are owned by institutional investors. 32.3% of Figma 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 will outperform the market over the long term.

Figma has a beta of 1.32, indicating that its share price is 32% more volatile than the broader market. Comparatively, Appian has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market.

In the previous week, Appian had 2 more articles in the media than Figma. MarketBeat recorded 8 mentions for Appian and 6 mentions for Figma. Figma's average media sentiment score of 0.21 beat Appian's score of -0.15 indicating that Figma is being referred to more favorably in the media.

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

Summary

Figma and Appian tied by winning 8 of the 16 factors compared between the two stocks.

How does Appian compare to Elastic?

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

In the previous week, Elastic had 15 more articles in the media than Appian. MarketBeat recorded 23 mentions for Elastic and 8 mentions for Appian. Elastic's average media sentiment score of 0.57 beat Appian's score of -0.15 indicating that Elastic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Elastic
7 Very Positive mention(s)
4 Positive mention(s)
7 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)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Elastic$1.74B5.93$367.77M$3.5727.50
Appian$726.94M3.95$1.23M-$0.15N/A

97.0% of Elastic shares are owned by institutional investors. Comparatively, 52.7% of Appian shares are owned by institutional investors. 12.7% of Elastic shares are owned by insiders. Comparatively, 42.8% of Appian shares are owned by 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.

Elastic has a net margin of 20.84% compared to Appian's net margin of -1.34%. Elastic's return on equity of -0.35% beat Appian's return on equity.

Company Net Margins Return on Equity Return on Assets
Elastic20.84% -0.35% -0.14%
Appian -1.34%-35.20%3.64%

Elastic has a beta of 1.03, indicating that its stock price is 3% more volatile than the broader market. Comparatively, Appian has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market.

Elastic currently has a consensus target price of $97.92, indicating a potential downside of 0.26%. Appian has a consensus target price of $31.00, indicating a potential downside of 22.69%. Given Elastic's stronger consensus rating and higher probable upside, equities analysts clearly believe Elastic is more favorable than Appian.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Elastic
0 Sell rating(s)
12 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.62
Appian
2 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.86

Summary

Elastic beats Appian on 15 of the 17 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 superior investment? We will contrast the two companies based on the strength of their profitability, earnings, valuation, media sentiment, analyst recommendations, dividends, risk and institutional ownership.

Bentley Systems presently has a consensus price target of $44.38, indicating a potential upside of 26.92%. Appian has a consensus price target of $31.00, indicating a potential downside of 22.69%. Given Bentley Systems' stronger consensus rating and higher possible upside, equities research analysts clearly 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)
1 Strong Buy rating(s)
2.73
Appian
2 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.86

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$1.50B6.77$277.86M$0.9138.43
Appian$726.94M3.95$1.23M-$0.15N/A

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%

44.2% of Bentley Systems shares are held by institutional investors. Comparatively, 52.7% of Appian shares are held by institutional investors. 20.3% of Bentley Systems shares are held by company insiders. Comparatively, 42.8% of Appian shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Appian had 2 more articles in the media than Bentley Systems. MarketBeat recorded 8 mentions for Appian and 6 mentions for Bentley Systems. Bentley Systems' average media sentiment score of 0.52 beat Appian's score of -0.15 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)
1 Positive mention(s)
3 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)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bentley Systems has a beta of 0.99, indicating that its share price is 1% less volatile than the broader market. Comparatively, Appian has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market.

Summary

Bentley Systems beats Appian on 14 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$2.77B$16.45B$31.44B$13.21B
Dividend YieldN/A3.42%2.76%16.36%
P/E Ratio-267.32145.1581.0326.16
Price / Sales3.951,272.81583.8194.78
Price / Cash183.9046.7050.0253.09
Price / Book-63.659.038.166.34
Net Income$1.23M$431.49M$767.97M$381.90M
7 Day Performance9.32%-0.19%-1.17%-1.41%
1 Month Performance17.70%0.93%0.69%-3.48%
1 Year Performance40.65%1.88%170.95%1.16%

Appian Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
APPN
Appian
1.8099 of 5 stars
$40.10
+3.7%
$31.00
-22.7%
+34.4%$2.77B$726.94MN/A2,149
FRSH
Freshworks
3.0335 of 5 stars
$12.53
-0.1%
$14.46
+15.4%
+22.1%$3.27B$838.81M19.584,500
PAYC
Paycom Software
3.1361 of 5 stars
$220.30
-0.1%
$215.00
-2.4%
+14.6%$9.94B$2.05B23.415,770
FIG
Figma
2.886 of 5 stars
$20.25
-2.9%
$32.56
+60.8%
-66.9%$9.49B$1.06BN/A1,886
ESTC
Elastic
3.3257 of 5 stars
$88.21
+0.1%
$96.52
+9.4%
+20.5%$9.25B$1.74B24.714,019

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This page (NASDAQ:APPN) was last updated on 10/10/2026 by MarketBeat.com Staff.
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