Appian (NASDAQ:APPN) Updates FY25 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.17-0.22 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on APPN. Barclays boosted their price target on shares of Appian from $34.00 to $37.00 and gave the stock an “underweight” rating in a research note on Friday, December 6th. Scotiabank started 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. Finally, KeyCorp reissued a “sector weight” rating on shares of Appian in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Appian presently has a consensus rating of “Hold” and a consensus price target of $40.17.

Appian Price Performance

APPN stock traded up $5.19 during midday trading on Wednesday, hitting $37.23. The stock had a trading volume of 2,153,305 shares, compared to its average volume of 445,499. The firm has a market cap of $3.18 billion, a PE ratio of -30.52 and a beta of 1.64. Appian has a 12-month low of $26.28 and a 12-month high of $43.33. The company’s 50-day moving average price is $34.31 and its 200 day moving average price is $34.04.

Appian (NASDAQ:APPN) last announced its quarterly earnings data on Wednesday, February 19th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The company had revenue of $166.70 million for the quarter, compared to analysts’ expectations of $164.31 million. Appian had a negative net margin of 14.88% and a negative return on equity of 532.05%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 earnings per share. As a group, sell-side analysts anticipate that Appian will post -0.89 EPS for the current year.

Insider Activity at Appian

In other Appian news, Director William D. Mccarthy sold 700 shares of the business’s stock in a transaction 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 transaction, the director now owns 7,966 shares in the company, valued at $308,921.48. The trade was a 8.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company 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.