Q1 Earnings Forecast for Appian Issued By DA Davidson

Appian Co. (NASDAQ:APPN) – Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for Appian in a research report issued to clients and investors on Thursday, February 20th. DA Davidson analyst G. Luria forecasts that the company will earn ($0.10) per share for the quarter. The consensus estimate for Appian’s current full-year earnings is ($0.31) per share. DA Davidson also issued estimates for Appian’s FY2025 earnings at ($0.25) EPS and FY2026 earnings at $0.07 EPS.

APPN has been the topic of a number of other research reports. Scotiabank assumed coverage on shares of Appian in a research report on Monday, January 6th. They set a “sector perform” rating and a $37.00 target price on the stock. KeyCorp reiterated a “sector weight” rating on shares of Appian in a report on Tuesday, January 14th. Finally, Barclays increased their price objective on shares of Appian from $34.00 to $37.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $40.17.

Appian Stock Performance

Shares of APPN opened at $33.23 on Monday. The firm has a market cap of $2.84 billion, a PE ratio of -26.37 and a beta of 1.64. Appian has a 52-week low of $26.28 and a 52-week high of $43.33. The business’s 50 day moving average price is $34.05 and its two-hundred day moving average price is $34.22.

Appian (NASDAQ:APPN) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.11). Appian had a negative return on equity of 532.05% and a negative net margin of 14.95%. The business had revenue of $166.70 million during the quarter, compared to the consensus estimate of $164.31 million. During the same period last year, the business posted $0.06 earnings per share. The business’s revenue was up 14.7% on a year-over-year basis.

Institutional Investors Weigh In On Appian

Several institutional investors have recently bought and sold shares of the stock. Creative Planning grew its stake in shares of Appian by 22.3% in the 3rd quarter. Creative Planning now owns 8,197 shares of the company’s stock worth $280,000 after acquiring an additional 1,493 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Appian during the third quarter worth about $29,000. Chicago Partners Investment Group LLC grew its position in Appian by 9.7% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 26,314 shares of the company’s stock worth $898,000 after purchasing an additional 2,337 shares in the last quarter. GSA Capital Partners LLP increased its stake in Appian by 354.7% in the 3rd quarter. GSA Capital Partners LLP now owns 57,630 shares of the company’s stock valued at $1,967,000 after buying an additional 44,957 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Appian during the 3rd quarter worth approximately $266,000. Institutional investors own 52.70% of the company’s stock.

Insider Buying and Selling at Appian

In other Appian news, Director William D. Mccarthy sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $38.78, for a total transaction of $27,146.00. Following the completion of the sale, the director now directly owns 7,966 shares of the company’s stock, valued at approximately $308,921.48. The trade was a 8.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Albert G.W. Biddle III sold 990 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $33.21, for a total value of $32,877.90. Following the completion of the transaction, the director now owns 29,348 shares in the company, valued at $974,647.08. This represents a 3.26 % decrease in their position. The disclosure for this sale can be found here. Insiders own 44.00% of the company’s stock.

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.