Analysts Set Appian Corporation (NASDAQ:APPN) PT at $30.00

Shares of Appian Corporation (NASDAQ:APPN) have been given a consensus recommendation of “Hold” by the eight research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $30.00.

A number of research firms have recently commented on APPN. UBS Group set a $21.00 target price on Appian in a research note on Friday, February 20th. DA Davidson set a $25.00 price target on shares of Appian in a research note on Friday, February 20th. TD Cowen cut their price objective on shares of Appian from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. Citigroup reduced their price objective on shares of Appian from $48.00 to $38.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Finally, Morgan Stanley set a $41.00 target price on shares of Appian in a report on Friday, February 20th.

Hedge Funds Weigh In On Appian

A number of hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its position in Appian by 282.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock valued at $25,000 after acquiring an additional 599 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Appian in the 4th quarter worth $30,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Appian by 693.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock worth $30,000 after purchasing an additional 846 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Appian in the fourth quarter worth $34,000. Finally, Allworth Financial LP raised its stake in shares of Appian by 175.2% in the third quarter. Allworth Financial LP now owns 1,131 shares of the company’s stock worth $35,000 after purchasing an additional 720 shares during the last quarter. 52.70% of the stock is currently owned by hedge funds and other institutional investors.

Appian Stock Performance

APPN stock opened at $26.62 on Friday. The firm has a 50 day moving average price of $28.48 and a 200-day moving average price of $32.22. Appian has a 52-week low of $21.77 and a 52-week high of $46.06. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 2,662.00 and a beta of 0.92.

Appian (NASDAQ:APPN) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.04. The company had revenue of $202.87 million for the quarter, compared to the consensus estimate of $189.33 million. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The business’s revenue was up 21.7% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. As a group, sell-side analysts forecast that Appian will post -0.28 earnings per share for the current fiscal year.

About Appian

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.