Appian (NASDAQ:APPN) Releases FY25 Earnings Guidance

Appian (NASDAQ:APPN - Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.17-0.22 for the period, compared to the consensus EPS estimate of $0.11. The company issued revenue guidance of $680-684 million, compared to the consensus revenue estimate of $680.50 million. Appian also updated its FY 2025 guidance to 0.170-0.220 EPS.

Appian Price Performance

NASDAQ:APPN traded down $1.29 on Friday, reaching $33.34. The stock had a trading volume of 729,414 shares, compared to its average volume of 497,311. The company has a market cap of $2.85 billion, a price-to-earnings ratio of -26.46 and a beta of 1.64. The firm's fifty day moving average is $34.13 and its two-hundred day moving average is $34.10. Appian has a 12-month low of $26.28 and a 12-month high of $43.33.

Appian (NASDAQ:APPN - Get Free Report) last announced 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 company had revenue of $166.70 million for the quarter, compared to analysts' expectations of $164.31 million. During the same quarter in the previous year, the company earned $0.06 earnings per share. The company's revenue was up 14.7% on a year-over-year basis. As a group, research analysts forecast that Appian will post -0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Appian

In other Appian news, Director William D. Mccarthy sold 700 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $38.78, for a total value of $27,146.00. Following the completion of the sale, the director now owns 7,966 shares of the company's stock, valued at $308,921.48. This trade represents a 8.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 44.00% of the stock is owned by corporate insiders.

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.