Appian Corporation (NASDAQ:APPN) Short Interest Update

Appian Corporation (NASDAQ:APPN) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,351,264 shares, a growth of 41.7% from the February 12th total of 3,776,473 shares. Currently, 12.9% of the company’s shares are short sold. Based on an average trading volume of 1,577,301 shares, the short-interest ratio is presently 3.4 days. Based on an average trading volume of 1,577,301 shares, the short-interest ratio is presently 3.4 days. Currently, 12.9% of the company’s shares are short sold.

Analyst Ratings Changes

A number of research firms have commented on APPN. TD Cowen reduced their target price on Appian from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. Zacks Research upgraded Appian from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. UBS Group set a $21.00 price objective on Appian in a research report on Friday, February 20th. Morgan Stanley set a $41.00 price objective on shares of Appian in a report on Friday, February 20th. Finally, DA Davidson set a $25.00 target price on shares of Appian in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $30.00.

Institutional Trading of Appian

Several hedge funds have recently made changes to their positions in the business. Millennium Management LLC grew its stake in Appian by 18.9% during the 1st quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock worth $8,721,000 after purchasing an additional 48,014 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Appian by 2.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock valued at $11,113,000 after purchasing an additional 8,319 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Appian by 2.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock valued at $2,595,000 after purchasing an additional 2,244 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Appian by 89.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company’s stock valued at $36,000 after buying an additional 564 shares during the period. Finally, Olympiad Research LP purchased a new position in shares of Appian in the 2nd quarter valued at about $260,000. Institutional investors and hedge funds own 52.70% of the company’s stock.

Appian Stock Up 1.7%

Shares of NASDAQ APPN opened at $25.59 on Friday. The business’s 50 day moving average is $27.53 and its two-hundred day moving average is $32.08. Appian has a 52-week low of $21.77 and a 52-week high of $46.06. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 2,559.00 and a beta of 0.92.

Appian (NASDAQ:APPN) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.11 by $0.04. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.The business had revenue of $202.87 million during the quarter, compared to analyst estimates of $189.33 million. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Analysts anticipate that Appian will post -0.28 EPS 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.