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: $32.81 to $34.35
• 50-Day Range: $27.04 to $37.80
• 52-Week Range: $26.28 to $45.92
• Volume: 328,663 shs
• Average Volume: 550,186 shs
• Market Capitalization: $2.38 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $39.20
• Consensus Rating: Hold

Appian Stock Analysis - MarketRank™

Appian scored higher than 83% of companies evaluated by MarketBeat, and ranked 176th out of 664 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: 3.0 / 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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

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 ($1.07) to ($0.38) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Appian is -22.39, 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 -22.39, 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 46.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.88% 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 5.3.

Change versus previous month

Short interest in Appian has recently decreased by 1.15%, indicating that investor sentiment is improving.

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

8.88% 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 5.3.

Change versus previous month

Short interest in Appian has recently decreased by 1.15%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

Appian has a news sentiment score of 0.80. 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 0.59 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Appian this week, compared to 5 articles on an average week.

Search Interest

Only 6 people have searched for APPN on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Appian to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 more of their company's stock than they have sold. Specifically, they have bought $77,512,846.00 in company stock and sold $0.00 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 beginning of 2024. Since then, APPN stock has decreased by 12.6% and is now trading at $32.91.
View the best growth stocks for 2024 here.

How were Appian's earnings last quarter?

Appian Co. (NASDAQ:APPN) released its quarterly earnings data 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. Appian's revenue for the quarter 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 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.

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), Trade Desk (TTD), Okta (OKTA), Shopify (SHOP), Block (SQ), Twilio (TWLO) and Zoom Video Communications (ZM).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 10/01/2024
• Next Earnings (Estimated): 11/07/2024
• 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: $39.20
• High Stock Price Target: $52.00
• Low Stock Price Target: $29.00
• Potential Upside/Downside: +18.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.47)
• 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: -18.80%
• Pretax Margin: -18.69%
• Return on Equity: -532.05%
• Return on Assets: -14.59%

Debt

• Debt-to-Equity Ratio: 2.68
• Current Ratio: 1.24
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $578.70 million
• Price / Sales: 4.14
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.71 per share
• Price / Book: 46.73

Miscellaneous

• Outstanding Shares: 72,242,000
• Free Float: 40,456,000
• Market Cap: $2.40 billion
• Optionable: Optionable
• Beta: 1.56