What is DA Davidson’s Estimate for Appian Q2 Earnings?

Appian Corporation (NASDAQ:APPN) – Research analysts at DA Davidson issued their Q2 2025 EPS estimates for Appian in a report issued on Tuesday, July 22nd. DA Davidson analyst G. Luria forecasts that the company will post earnings of ($0.27) per share for the quarter. DA Davidson has a “Hold” rating on the stock. The consensus estimate for Appian’s current full-year earnings is ($0.28) per share. DA Davidson also issued estimates for Appian’s FY2025 earnings at ($0.34) EPS and FY2026 earnings at ($0.04) EPS.

Several other equities analysts have also commented on APPN. Morgan Stanley increased their target price on shares of Appian from $27.00 to $29.00 and gave the company an “equal weight” rating in a report on Friday, May 9th. Citigroup upped their price target on shares of Appian from $40.00 to $41.00 and gave the company a “buy” rating in a research report on Tuesday, May 13th. Barclays lifted their price objective on Appian from $28.00 to $33.00 and gave the stock an “underweight” rating in a report on Friday, May 9th. Finally, Scotiabank dropped their target price on Appian from $37.00 to $34.00 and set a “sector perform” rating for the company in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $35.50.

Appian Price Performance

Shares of NASDAQ APPN opened at $29.61 on Thursday. The stock has a market capitalization of $2.20 billion, a P/E ratio of -35.67 and a beta of 1.72. Appian has a one year low of $24.00 and a one year high of $43.33. The firm’s 50 day simple moving average is $30.29 and its two-hundred day simple moving average is $31.00.

Appian (NASDAQ:APPN) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.03 by $0.10. The firm had revenue of $166.43 million for the quarter, compared to the consensus estimate of $163.27 million. Appian’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.24) earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Appian in the 4th quarter worth about $1,688,000. Geode Capital Management LLC raised its stake in Appian by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 972,203 shares of the company’s stock worth $32,071,000 after buying an additional 14,710 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Appian by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 5,028,472 shares of the company’s stock worth $165,839,000 after buying an additional 23,890 shares during the period. Russell Investments Group Ltd. lifted its holdings in Appian by 1,244.8% in the fourth quarter. Russell Investments Group Ltd. now owns 3,779 shares of the company’s stock worth $125,000 after buying an additional 3,498 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Appian by 418.8% during the 4th quarter. JPMorgan Chase & Co. now owns 160,793 shares of the company’s stock valued at $5,303,000 after acquiring an additional 129,800 shares in the last quarter. Hedge funds and other institutional investors own 52.70% of the company’s stock.

Insider Activity

In other news, major shareholder Abdiel Capital Advisors, Lp sold 300,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $31.83, for a total transaction of $9,549,000.00. Following the completion of the sale, the insider directly owned 8,430,391 shares in the company, valued at approximately $268,339,345.53. This represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 2,018,625 shares of company stock valued at $64,544,615 in the last 90 days. 43.00% of the stock is currently owned by insiders.

About Appian

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.