Appian (NASDAQ:APPN) Updates FY 2025 Earnings Guidance

Appian (NASDAQ:APPN - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.170-0.220 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $680.0 million-$684.0 million, compared to the consensus revenue estimate of $683.1 million. Appian also updated its FY25 guidance to $0.17-0.22 EPS.

Analyst Ratings Changes

Several research firms have issued reports on APPN. Scotiabank assumed coverage on shares of Appian in a report on Monday, January 6th. They set a "sector perform" rating and a $37.00 price objective on the stock. Barclays lifted their price objective on Appian from $34.00 to $37.00 and gave the stock an "underweight" rating in a report on Friday, December 6th. Finally, KeyCorp reissued a "sector weight" rating on shares of Appian in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $40.17.

Appian Price Performance

Appian stock traded down $1.29 during trading on Friday, reaching $33.34. 729,414 shares of the company were exchanged, compared to its average volume of 497,311. The stock's 50 day simple moving average is $34.13 and its two-hundred day simple moving average is $34.10. The company has a market capitalization of $2.85 billion, a P/E ratio of -26.46 and a beta of 1.64. Appian has a 52-week low of $26.28 and a 52-week high of $43.33.

Appian (NASDAQ:APPN - Get Free Report) last announced its quarterly earnings results 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 net margin of 14.95% and a negative return on equity of 532.05%. The firm had revenue of $166.70 million for the quarter, compared to analyst estimates of $164.31 million. During the same period in the previous year, the firm posted $0.06 EPS. The company's revenue was up 14.7% compared to the same quarter last year. As a group, equities analysts forecast that Appian will post -0.31 earnings per share for the current year.

Insider Transactions at Appian

In other Appian news, Director William D. Mccarthy sold 700 shares of the company's stock in a transaction 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 transaction, the director now directly owns 7,966 shares in the company, valued at $308,921.48. This represents a 8.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 44.00% of the company's stock.

Appian Company Profile

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.