Should I buy or sell Appian stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APPN shares. View APPN analyst ratings or view top-rated stocks .

What is Appian's stock price target for 2024?

8 analysts have issued 12-month price objectives for Appian's shares. Their APPN share price targets range from $36.00 to $55.00. On average, they expect the company's stock price to reach $48.86 in the next year. This suggests a possible upside of 40.2% from the stock's current price. View analysts price targets for APPN or view top-rated stocks among Wall Street analysts .

How have APPN shares performed in 2024?

Appian's stock was trading at $37.66 at the start of the year. Since then, APPN shares have decreased by 7.4% and is now trading at $34.86. View the best growth stocks for 2024 here .

Are investors shorting Appian?

Appian saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,200,000 shares, an increase of 8.4% from the March 15th total of 2,030,000 shares. Based on an average daily volume of 480,300 shares, the short-interest ratio is currently 4.6 days. View Appian's Short Interest .

When is Appian's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our APPN earnings forecast .

How were Appian's earnings last quarter?

Appian Co. (NASDAQ:APPN) announced its quarterly earnings results on Thursday, February, 15th. The company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.40) by $0.33. The business earned $145.32 million during the quarter, compared to analyst estimates of $140.41 million. Appian had a negative net margin of 20.43% and a negative trailing twelve-month return on equity of 127.40%.

What ETFs hold Appian's stock?

ETFs with the largest weight of Appian (NASDAQ:APPN) stock in their portfolio include First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) , First Trust Cloud Computing ETF (SKYY) , AdvisorShares Let Bob AI Powered Momentum ETF (LETB) , ProShares Ultra Nasdaq Cloud Computing ETF (SKYU) , SPDR FactSet Innovative Technology ETF (XITK) , WisdomTree Growth Leaders Fund (PLAT) , Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and SPDR S&P Software & Services ETF (XSW) .

What guidance has Appian issued on next quarter's earnings?

Appian updated its first quarter 2024 earnings guidance on Saturday, April, 6th. The company provided earnings per share (EPS) guidance of -0.210--0.160 for the period, compared to the consensus estimate of -0.180. The company issued revenue guidance of $148.0 million-$150.0 million, compared to the consensus revenue estimate of $149.5 million.

What is Matt Calkins' approval rating as Appian's CEO?

281 employees have rated Appian Chief Executive Officer Matt Calkins on Glassdoor.com . Matt Calkins has an approval rating of 82% among the company's employees. 88.0% of employees surveyed would recommend working at Appian to a friend.

What other stocks do shareholders of Appian own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Appian investors own include NVIDIA (NVDA) , Trade Desk (TTD) , Okta (OKTA) , Shopify (SHOP) , Block (SQ) , Twilio (TWLO) , Zoom Video Communications (ZM) , Tesla (TSLA) , PayPal (PYPL) and CrowdStrike (CRWD) .

Appian (APPN) raised $76 million in an 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.

Who are Appian's major shareholders?

Appian's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.03%). Insiders that own company stock include Abdiel Capital Advisors, Lp, Abdiel Capital Management, Llc, Albert GW Biddle III , Christopher M Jones , Christopher Winters , Eric Calvin Cross , Mark Matheos , Mark Steven Lynch , Michael G Devine , Pavel Zamudio-Ramirez and Robert Charles Kramer . View institutional ownership trends .

How do I buy shares of Appian?

Shares of APPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:APPN

Appian (APPN) Stock Price, News & Analysis

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$34.86

-0.53 (-1.50%)

(As of 04/18/2024 ET)

Compare

Today's Range: $34.37
▼
$35.84
50-Day Range: $31.68
▼
$41.12
52-Week Range: $30.87
▼
$54.26

Volume: 635,393 shs
Average Volume: 498,719 shs
Market Capitalization: $2.56 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $48.86

Get Appian alerts:

Appian MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 40.2% Upside
$48.86 Price Target
Short Interest: Bearish
3.00% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.82
Upright™ Environmental Score
News Sentiment: 0.32
Based on 12 Articles This Week
Insider Trading: Selling Shares
$12.98 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.98) to ($0.27) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Computer And Technology Sector

132nd out of 590 stocks

Prepackaged Software Industry

34th out of 190 stocks

4.3

Analyst's Opinion

Consensus Rating
Appian has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Appian has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
3.00% of the outstanding shares of Appian have been sold short.
Short Interest Ratio / Days to Cover
Appian has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Appian has recently increased by 8.37%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Appian does not currently pay a dividend.
Dividend Growth
Appian does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Appian has received a 28.66% net impact score from Upright. Appian seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is driven by its "Software build automation" product. See details.
Environmental Sustainability
The Environmental Impact score for Appian is -0.82.

1.8

News and Social Media Coverage

News Sentiment
Appian has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Appian this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for APPN on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Appian to their MarketBeat watchlist in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Appian insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,976,000.00 in company stock.
Percentage Held by Insiders
43.60% of the stock of Appian is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
52.70% of the stock of Appian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Appian are expected to grow in the coming year, from ($0.98) to ($0.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Appian is -22.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Appian is -22.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Appian has a P/B Ratio of 49.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Appian Stock (NASDAQ:APPN)

Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia.

APPN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

APPN Stock News Headlines

April 17, 2024 | markets.businessinsider.com

Appian’s Strategic Innovations and Strong Q1 Financials Prompt Buy Rating

April 17, 2024 | prnewswire.com

Appian Celebrates 2024 Partner Award Winners for Moving Businesses Forward with Process Automation

April 19, 2024 | Paradigm Press (Ad)

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April 17, 2024 | prnewswire.com

2024 Appian Innovation Award Winners Demonstrate Significant Business Results with Next-Gen AI Process Automation

April 17, 2024 | americanbankingnews.com

Appian Co. (NASDAQ:APPN) Sees Significant Increase in Short Interest

April 16, 2024 | prnewswire.com

Latest Version of Appian Platform Orchestrates Change through AI Process Automation that Moves Business Forward

April 16, 2024 | businesswire.com

TELUS International and Appian Expand Strategic Partnership to Help Companies Simplify Complex Business Processes Through an Innovative, Low-Code Automation Platform

April 16, 2024 | americanbankingnews.com

Appian (NASDAQ:APPN) Given New $36.00 Price Target at Barclays

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

April 15, 2024 | prnewswire.com

Announcing ProcureSight for Better, Faster Government Procurement

April 15, 2024 | benzinga.com

A Glimpse Into The Expert Outlook On Appian Through 5 Analysts

April 8, 2024 | globenewswire.com

Appian to Host Investor Day at Appian World on April 16

April 3, 2024 | msn.com

Something’s got to give: European regulators crack down on AI as U.S. tech companies plunge into the market

April 3, 2024 | prnewswire.com

Finance, Utilities, and Retail Companies in Mexico Lead the Way in Automation with 27% of Business Processes Automated

March 27, 2024 | investorplace.com

Wake Up to Wealth: 7 Sleeper Stocks Ready to Roar

March 22, 2024 | markets.businessinsider.com

Cracking The Code: Understanding Analyst Reviews For Appian

March 22, 2024 | finanznachrichten.de

Appian: Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year

March 16, 2024 | finance.yahoo.com

APPN Apr 2024 30.000 put

March 16, 2024 | finance.yahoo.com

APPN Apr 2024 40.000 call

March 13, 2024 | prnewswire.com

Amadori Transforms Business with Appian Process Automation

March 5, 2024 | prnewswire.com

Appian Unifies Generative AI, Enterprise Data, and End-to-End Process Automation

March 5, 2024 | prnewswire.com

Improve Operations and Service Delivery with Appian Case Management Studio

March 4, 2024 | markets.businessinsider.com

The Analyst Verdict: Appian In The Eyes Of 4 Experts

February 29, 2024 | prnewswire.com

Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation

February 27, 2024 | globenewswire.com

Appian to Participate in Upcoming Investor Conferences

February 21, 2024 | finance.yahoo.com

Global Excel Management Modernizes Claims Experience with Appian Connected Claims

February 21, 2024 | prnewswire.com

Global Excel Management Modernizes Claims Experience with Appian Connected Claims

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:APPN
CUSIP: N/A
CIK: 1441683
Web: www.appian.com
Phone: (703) 442-8844
Fax: N/A
Employees: 2,243
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $48.86
High Stock Price Target: $55.00
Low Stock Price Target: $36.00
Potential Upside/Downside: +40.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.53)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-111,440,000.00
Net Margins: -20.43%
Pretax Margin: -19.85%
Return on Equity: -127.40%
Return on Assets: -16.30%

Debt

Debt-to-Equity Ratio: 2.68
Current Ratio: 1.12
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $545.36 million
Price / Sales: 4.69
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.71 per share
Price / Book: 49.10

Miscellaneous

Outstanding Shares: 73,400,000
Free Float: 41,398,000
Market Cap: $2.56 billion
Optionable: Optionable
Beta: 1.46

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Key Executives

Mr. Matthew W. Calkins (Age 51)
Founder, Chairman, CEO & President
Comp: $1.03M
Mr. Robert C. Kramer (Age 49)
Founder, GM & Director
Comp: $473.05k
Mr. Mark Matheos (Age 43)
Chief Financial Officer
Comp: $772.57k
Mr. William D. McCarthy (Age 58)
Acting COO & Director
Comp: $1.19M
Mr. Christopher Winters (Age 51)
General Counsel & Corporate Secretary
Comp: $1.59M
Mr. Pavel Zamudio-Ramirez (Age 57)
Chief Customer Officer
Comp: $1.08M
Mr. Marc Wilson (Age 49)
Founder & Chief Executive Ambassador
Comp: $337.67k
Mr. Michael Beckley (Age 49)
Founder & CTO
Comp: $335.85k
Mr. Myles Weber (Age 46)
Chief Information Officer
Mr. Srinivas Anantha C.F.A.
Director of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APPN Stock Analysis - Frequently Asked Questions

Should I buy or sell Appian stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Appian in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APPN shares.
View APPN analyst ratings or view top-rated stocks.
What is Appian's stock price target for 2024?: 8 analysts have issued 12-month price objectives for Appian's shares. Their APPN share price targets range from $36.00 to $55.00. On average, they expect the company's stock price to reach $48.86 in the next year. This suggests a possible upside of 40.2% from the stock's current price.
View analysts price targets for APPN or view top-rated stocks among Wall Street analysts.
How have APPN shares performed in 2024?: Appian's stock was trading at $37.66 at the start of the year. Since then, APPN shares have decreased by 7.4% and is now trading at $34.86.
View the best growth stocks for 2024 here.
Are investors shorting Appian?: Appian saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,200,000 shares, an increase of 8.4% from the March 15th total of 2,030,000 shares. Based on an average daily volume of 480,300 shares, the short-interest ratio is currently 4.6 days.
View Appian's Short Interest.
When is Appian's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our APPN earnings forecast.
How were Appian's earnings last quarter?: Appian Co. (NASDAQ:APPN) announced its quarterly earnings results on Thursday, February, 15th. The company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.40) by $0.33. The business earned $145.32 million during the quarter, compared to analyst estimates of $140.41 million. Appian had a negative net margin of 20.43% and a negative trailing twelve-month return on equity of 127.40%.
What ETFs hold Appian's stock?: ETFs with the largest weight of Appian (NASDAQ:APPN) stock in their portfolio include First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT), First Trust Cloud Computing ETF (SKYY), AdvisorShares Let Bob AI Powered Momentum ETF (LETB), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), SPDR FactSet Innovative Technology ETF (XITK), WisdomTree Growth Leaders Fund (PLAT), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and SPDR S&P Software & Services ETF (XSW).

What guidance has Appian issued on next quarter's earnings?: Appian updated its first quarter 2024 earnings guidance on Saturday, April, 6th. The company provided earnings per share (EPS) guidance of -0.210--0.160 for the period, compared to the consensus estimate of -0.180. The company issued revenue guidance of $148.0 million-$150.0 million, compared to the consensus revenue estimate of $149.5 million.
What is Matt Calkins' approval rating as Appian's CEO?: 281 employees have rated Appian Chief Executive Officer Matt Calkins on Glassdoor.com. Matt Calkins has an approval rating of 82% among the company's employees. 88.0% of employees surveyed would recommend working at Appian to a friend.
What other stocks do shareholders of Appian own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Appian investors own include NVIDIA (NVDA), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Block (SQ), Twilio (TWLO), Zoom Video Communications (ZM), Tesla (TSLA), PayPal (PYPL) and CrowdStrike (CRWD).
When did Appian IPO?: Appian (APPN) raised $76 million in an 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.
Who are Appian's major shareholders?: Appian's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.03%). Insiders that own company stock include Abdiel Capital Advisors, Lp, Abdiel Capital Management, Llc, Albert GW Biddle III, Christopher M Jones, Christopher Winters, Eric Calvin Cross, Mark Matheos, Mark Steven Lynch, Michael G Devine, Pavel Zamudio-Ramirez and Robert Charles Kramer.
View institutional ownership trends.
How do I buy shares of Appian?: Shares of APPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:APPN) was last updated on 4/19/2024 by MarketBeat.com Staff

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