Appian (APPN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $33.78 to $35.74
• 50-Day Range: $30.70 to $41.56
• 52-Week Range: $26.28 to $43.33
• Volume: 568,326 shs
• Average Volume: 539,965 shs
• Market Capitalization: $3.01 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $40.80
• Consensus Rating: Hold

Appian Stock Analysis - MarketRank™

Appian scored higher than 72% of companies evaluated by MarketBeat, and ranked 264th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Appian has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Appian has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Appian are expected to grow in the coming year, from ($0.89) to ($0.29) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Appian is -28.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Appian is -28.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Appian has a P/B Ratio of 49.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.28% of the float of Appian has been sold short.

Short Interest Ratio / Days to Cover

Appian has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Appian has recently decreased by 11.35%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Appian does not currently pay a dividend.

Dividend Growth

Appian does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.82

Percentage of Shares Shorted

5.28% of the float of Appian has been sold short.

Short Interest Ratio / Days to Cover

Appian has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Appian has recently decreased by 11.35%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.09

News Sentiment

Appian has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Appian this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for APPN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Appian to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Appian insiders have bought 3,278.94% more of their company's stock than they have sold. Specifically, they have bought $917,246.00 in company stock and sold $27,146.00 in company stock.

Percentage Held by Insiders

44.00% of the stock of Appian is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.70% of the stock of Appian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

APPN Stock Analysis - Frequently Asked Questions

How have APPN shares performed this year?

Appian's stock was trading at $37.66 at the start of the year. Since then, APPN stock has decreased by 6.3% and is now trading at $35.28.
View the best growth stocks for 2024 here.

How were Appian's earnings last quarter?

Appian Co. (NASDAQ:APPN) announced its earnings results on Thursday, August, 1st. The company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.31) by $0.05. The company's quarterly revenue was up 14.7% on a year-over-year basis.

When did Appian IPO?

Appian (APPN) raised $76 million in an initial public offering (IPO) on Thursday, May 25th 2017. The company issued 6,300,000 shares at $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 top institutional shareholders include Abdiel Capital Advisors LP (14.06%), Baillie Gifford & Co. (1.92%), State Street Corp (1.41%) and Geode Capital Management LLC (1.32%). Insiders that own company stock include Abdiel Capital Advisors, Lp, Abdiel Capital Management, Llc, Robert Charles Kramer, Mark Steven Lynch, Albert GW Biddle III, Christopher Winters, Pavel Zamudio-Ramirez, Christopher M Jones, William D Mccarthy, Mark Matheos and Eric Calvin Cross.
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.

What other stocks do shareholders of Appian own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Appian investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Arista Networks (ANET), Broadcom (AVGO) and PayPal (PYPL).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:APPN
• CUSIP: N/A
• CIK: 1441683
• Web: www.appian.com
• Phone: (703) 442-8844
• Fax: N/A
• Employees: 2,243
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.80
• High Stock Price Target: $52.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: +15.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-111,440,000.00
• Net Margins: -14.88%
• Pretax Margin: -14.58%
• Return on Equity: -532.05%
• Return on Assets: -10.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.21
• Quick Ratio: 1.21

Sales & Book Value

• Annual Sales: $595.66 million
• Price / Sales: 5.06
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.71 per share
• Price / Book: 49.69

Miscellaneous

• Outstanding Shares: 85,384,000
• Free Float: 47,815,000
• Market Cap: $3.01 billion
• Optionable: Optionable
• Beta: 1.57