NASDAQ:APPN

Appian (APPN) Stock Price, News & Analysis

$32.10
+0.27 (+0.85%)
(As of 05/8/2024 ET)
Today's Range
$31.36
$32.11
50-Day Range
$31.03
$41.12
52-Week Range
$28.22
$54.26
Volume
355,058 shs
Average Volume
513,573 shs
Market Capitalization
$2.36 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$46.43

Appian MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
44.6% Upside
$46.43 Price Target
Short Interest
Bearish
3.07% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.82
Upright™ Environmental Score
News Sentiment
-0.03mentions of Appian in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$12.98 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.90) to ($0.36) 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.

4.20 out of 5 stars

Computer And Technology Sector

136th out of 592 stocks

Prepackaged Software Industry

38th out of 201 stocks

APPN stock logo

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

APPN Stock News Headlines

Fidelity, Bezos, Goldman Bet Big on Tiny Biotech
Are you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.
Appian (NASDAQ:APPN) Price Target Cut to $37.00
Appian (NASDAQ:APPN) PT Lowered to $32.00
Decoding 5 Analyst Evaluations For Appian
Fidelity, Bezos, Goldman Bet Big on Tiny Biotech
Are you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.
Why Appian (APPN) Shares Are Falling Today
Why Appian Stock Tumbled Today
Appian Collapses on Financial Figures
Here's what to expect from Appian A's earnings report
Appian: No Recovery Yet
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/08/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:APPN
Fax
N/A
Employees
2,243
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.43
High Stock Price Target
$55.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+46.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-111,440,000.00
Pretax Margin
-19.85%

Debt

Sales & Book Value

Annual Sales
$545.36 million
Book Value
$0.71 per share

Miscellaneous

Free Float
41,398,000
Market Cap
$2.32 billion
Optionable
Optionable
Beta
1.46
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APPN Stock Analysis - Frequently Asked Questions

Should I buy or sell Appian stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Appian in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month target prices for Appian's stock. Their APPN share price targets range from $32.00 to $55.00. On average, they predict the company's share price to reach $46.43 in the next twelve months. This suggests a possible upside of 44.6% 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 beginning of the year. Since then, APPN shares have decreased by 14.8% and is now trading at $32.10.
View the best growth stocks for 2024 here
.

Are investors shorting Appian?

Appian saw a increase in short interest in 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 days-to-cover 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 Thursday, August 1st 2024.
View our APPN earnings forecast
.

How were Appian's earnings last quarter?

Appian Co. (NASDAQ:APPN) released its earnings results on Thursday, May, 2nd. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.09. The firm had revenue of $149.80 million for the quarter, compared to the consensus estimate of $149.78 million. Appian had a negative trailing twelve-month return on equity of 146.23% and a negative net margin of 19.20%. Appian's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.42) earnings per share.

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

Appian updated its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of -0.340--0.280 for the period, compared to the consensus earnings per share estimate of -0.290. The company issued revenue guidance of $140.0 million-$144.0 million, compared to the consensus revenue estimate of $145.3 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 a price of $11.00-$13.00 per share. Morgan Stanley, Goldman, Sachs and Barclays acted 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 institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.39%), Mirae Asset Global Investments Co. Ltd. (0.50%), Swiss National Bank (0.10%), BNP Paribas Financial Markets (0.08%), GSA Capital Partners LLP (0.06%) and 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 5/9/2024 by MarketBeat.com Staff

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