Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Appian Corp Market Cap
The Appian Corp (APPN) share price is expected to increase by 1.98% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered APPN. Price targets range from $29 at the low end to $41 at the high end. The current analyst consensus for APPN is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Appian Corp has a total of 6 Wall St Analyst ratings. There are 0 buy ratings, 6 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Appian Corp will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of APPN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Raimo Lenschow Barclays | Underweight | $29 | Maintains | Aug 5, 2024 |
| Kevin Kumar Goldman Sachs | Buy | $41 | Maintains | Aug 2, 2024 |
| Thomas Blakey Keybanc | Sector Weight | Downgrade | Aug 2, 2024 | |
| Gil Luria DA Davidson | Neutral | $33 | Downgrade | Jul 30, 2024 |
| Thomas Blakey Keybanc | Overweight | $41 | Maintains | Jul 24, 2024 |
| Raimo Lenschow Barclays | Underweight | $32 | Maintains | May 3, 2024 |
| Thomas Blakey Keybanc | Overweight | $37 | Maintains | May 3, 2024 |
| Raimo Lenschow Barclays | Underweight | $36 | Maintains | Apr 15, 2024 |
| Steven Enders Citigroup | Neutral | $52 | Maintains | Mar 22, 2024 |
| Gil Luria DA Davidson | Buy | $52 | Maintains | Mar 4, 2024 |
| Thomas Blakey Keybanc | Overweight | $50 | Maintains | Feb 16, 2024 |
| Thomas Blakey Keybanc | Overweight | $45 | Maintains | Jan 22, 2024 |
| Raimo Lenschow Barclays | Underweight | $35 | Maintains | Jan 12, 2024 |
| Gil Luria DA Davidson | Buy | $55 | Upgrade | Nov 7, 2023 |
| Kevin Kumar Goldman Sachs | Buy | $50 | Maintains | Nov 3, 2023 |
| Steven Enders Citigroup | Neutral | $48 | Maintains | Oct 24, 2023 |
| Raimo Lenschow Barclays | Underweight | $35 | Maintains | Oct 12, 2023 |
| Raimo Lenschow Barclays | Underweight | $41 | Maintains | Aug 7, 2023 |
| Joseph Meares Truist Securities | Buy | $55 | Maintains | Aug 7, 2023 |
| Kevin Kumar Goldman Sachs | Buy | $58 | Maintains | Aug 4, 2023 |
When did it IPO
2017
Staff Count
2,243
Country
United States
Sector/Industry
Technology/Software—Infrastructure
CEO
Mr. Matthew W. Calkins
Market Cap
$2.46B
In 2023, APPN generated $545.4M in revenue, which was a increase of 16.53% from the previous year. This can be seen as a signal that APPN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - Appian CEO Matt Calkins discussed California Governor Newsom's veto of the AI safety bill and emphasized the need for a transparency bill for effective AI regulation.
Why It Matters - Calkins' insights on AI regulation and transparency could influence investor sentiment in tech sectors, affecting companies' compliance costs and innovation strategies.
Sun, 15 Sep 2024
Sentiment - NEUTRAL
Source - 24/7 Wall Street
Summary - Despite concerns about September’s market volatility, company insiders are increasing their stakes, particularly in energy firms, indicating potential confidence in the sector.
Why It Matters - Insider buying in energy firms amid market volatility signals confidence in the sector, potentially indicating future growth and stability, which can influence investor sentiment and stock performance.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - The Department of Defense Enterprise Software Initiative (DoD ESI) reduces total ownership costs for commercial software, IT hardware, and services across the DoD, Coast Guard, and Intelligence Communities.
Why It Matters - Lowering total ownership costs for the DoD and related agencies can enhance budget efficiency, potentially increasing spending on other projects, impacting defense contractors' revenues and stock performance.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Appian (Nasdaq: APPN) has partnered with Children's National Hospital to promote awareness and fundraising for pediatric healthcare in Washington, DC.
Why It Matters - The partnership with Children's National Hospital enhances Appian's brand reputation, potentially attracting new clients and investors while positioning the company favorably in corporate social responsibility.
Mon, 19 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Appian (Nasdaq: APPN) released a new version of its platform aimed at enhancing enterprise data orchestration and process automation.
Why It Matters - The launch of the latest Appian Platform could enhance its competitive edge, potentially driving revenue growth, increasing market share, and positively impacting stock performance.
Mon, 19 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Appian (APPN) is expanding internationally through a new collaboration with Outsourcing Technology of Japan.
Why It Matters - Appian's collaboration with Outsourcing Technology of Japan signals growth potential and market expansion, which could enhance revenue and investor confidence in the company's future performance.
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