APPNTechnology · Software - InfrastructureThe 7 Wall Street analysts covering Appian Corp. hold a median 12-month price target of $32 — -34.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 97 of 100 as at 31 Oct 2026 — among the strongest tenth. The factors read stronger than the Street's target implies. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Appian Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (96): Analysts have, on balance, been raising their forecasts.
Growth (49): Sales and profits are flat, shrinking, or growing more slowly than they were.
Size (28): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on APPN, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits −34.8% from it.
Of the 20 most recent actions, 6 moved their price target up and 3 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 13 Oct 2026 | Barclays | Maintains | Underweight | $26 → $30 |
| 14 Aug 2026 | DA Davidson | Maintains | Neutral | — |
| 14 Aug 2026 | DA Davidson | Maintains | Neutral | $34 → $42 |
| 8 Aug 2026 | DA Davidson | Maintains | Neutral | — |
| 7 Aug 2026 | Citigroup | Maintains | Buy | — |
| 7 Aug 2026 | Citigroup | Maintains | Buy | $37 → $40 |
| 7 Aug 2026 | DA Davidson | Maintains | Neutral | $22 → $34 |
| 7 Aug 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 7 Aug 2026 | Morgan Stanley | Maintains | Equal-Weight | $25 → $32 |
| 15 May 2026 | DA Davidson | Maintains | Neutral | $25 → $22 |
| 15 May 2026 | DA Davidson | Maintains | Neutral | — |
| 15 May 2026 | TD Cowen | Maintains | Hold | $27 → $24 |
| 15 May 2026 | TD Cowen | Maintains | Hold | — |
| 8 May 2026 | Barclays | Maintains | Underweight | — |
| 8 May 2026 | Barclays | Maintains | Underweight | $21 → $23 |
| 8 May 2026 | Citigroup | Maintains | Buy | $38 → $37 |
| 8 May 2026 | Citigroup | Maintains | Buy | — |
| 30 Apr 2026 | Morgan Stanley | Downgrade | Equal-Weight | — |
| 20 Feb 2026 | Barclays | Maintains | Underweight | — |
| 20 Feb 2026 | Citigroup | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
APPN appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, Appian Corp. returned +64.7% against +12.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 1% of US stocks
Cheaper than 26% of US stocks
Cheaper than 99% of US stocks
Cheaper than 2% of US stocks
Higher than 68% of US stocks
Higher than 58% of US stocks
Higher than 83% of US stocks
Higher than 46% of US stocks
Higher than 28% of US stocks
Higher than 41% of US stocks
Higher than 67% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Appian Corp. has a market value of $3.6B and an enterprise value of $3.7B.
Revenue in the twelve months to 30 June 2026: $795.3M. The latest quarter grew 19.1% year on year.
Net income over the same four quarters: −$10.6M, a −1.3% net margin.
Diluted earnings per share, trailing twelve months: $−0.15.
Free cash flow in the twelve months to 30 June 2026: $76.7M.
Appian Corp. spent $75.7M on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 1498.0×; forward P/E: 34.4× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Appian Corp. employs 2,149 people — $370K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Appian Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Appian Capital Advisory is in talks with the EBRD and other parties about funds to invest in critical minerals projects, according to a firm executive.
Why it matters — APPN watchers may note the discussions as a potential source of funding for critical minerals projects.
Appian announced that its Defense Cloud achieved Impact Level 5 Provisional Authorization to Operate from the United States Department of War.
Why it matters — The authorization is relevant to APPN watchers because it concerns Appian’s ability to provide secure automation for mission-critical Department of War operations.
Appian announced the winners of its 2026 US Public Sector Partner Awards at Appian Government.
Why it matters — The announcement highlights Appian’s partner awards program focused on work across federal and state agencies.
Appian announced that the U.S. Army fielded the initial release of its Total Army Combat and Training Munitions Information System (TACTMIS). The release was built in 110 days in Appian Defense Cloud and is intended to serve more than 10,000 global Army users.
Why it matters — The announcement highlights Appian’s role in a major U.S. Army ammunition modernization initiative and use of its Defense Cloud platform.
Appian and PSI CRO launched their first joint AI-powered process orchestration solution, which automates clinical trial site identification and selection across therapeutic areas, indications, and geographies. The project is described as the start of a broader platform strategy for clinical trial operations.
Why it matters — APPN watchers may note the partnership as an expansion of Appian’s process orchestration offering into clinical trial operations.
The 7 Wall Street analysts covering Appian Corp. have a median 12-month price target of $32, with estimates ranging from $30 to $42. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 7 analysts covering Appian Corp., 1 rate it a Buy, 5 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Appian Corp. 97 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, Appian Corp. ranks 97 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (96 of 100).
No one can know that. What the data says: the median 12-month target from 7 analysts implies -34.8% from the last close, and Ticker Nerd's factor model ranks Appian Corp. 97 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Appian Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for APPN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $30 to $42 over the next 12 months.
Appian Corp. returned +64.7% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Appian Corp Class A Common Stock represents ownership in Appian Corporation, a software company focused on low-code automation and business process management. Appian’s platform helps organizations design, automate, and optimize complex workflows, case management, and enterprise applications across industries such as financial services, government, healthcare, manufacturing, and insurance.
The most recent item we track (Reuters, 30 Oct 2026): "Appian in talks with EBRD, others, on critical minerals funds". Appian Capital Advisory is in talks with the EBRD and other parties about funds to invest in critical minerals projects, according to a firm executive.
Appian Corp Class A Common Stock represents ownership in Appian Corporation, a software company focused on low-code automation and business process management. Appian’s platform helps organizations design, automate, and optimize complex workflows, case management, and enterprise applications across industries such as financial services, government, healthcare, manufacturing, and insurance. The company also provides related consulting, training, maintenance, and support services that help customers implement and manage its software effectively. Appian serves organizations seeking to modernize operations with integrated automation tools, data orchestration, and application development capabilities. As a publicly traded technology asset, Appian Corp Class A Common Stock reflects market exposure to enterprise software demand and the broader shift toward process automation and digital workflow management.
CEO Mr. Matthew W. Calkins · 2,149 employees · United States · https://www.appian.com
