Appian Presses Trade Secret Claims Against Pegasystems
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Appian (APPN) announced that it would press its trade secret claims against Pegasystems Inc. (PEGA), following the decision from the Supreme Court of Virginia remanding the case for retrial and rejecting Pega's arguments seeking to dismiss the case entirely. Pega previously was found to have violated the Virginia Computer Crimes Act, a decision it did not appeal. "None of the issues addressed by the Supreme Court of Virginia go to the principal facts regarding Pega's misappropriation of Appian trade secrets. We will present that evidence to a new jury and remain confident our claims will be properly addressed by Virginia courts," stated Jaye Campbell, General Counsel of Appian.
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Analyst Views on APPN
Wall Street analysts forecast APPN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APPN is 40.33 USD with a low forecast of 34.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
2 Buy
3 Hold
2 Sell
Hold
Current: 28.860
Low
34.00
Averages
40.33
High
48.00
Current: 28.860
Low
34.00
Averages
40.33
High
48.00
About APPN
Appian Corporation is a software company that offers platform, which help organizations run better processes that reduce costs, and improve customer experiences. The Company’s Appian platform is an integrated automation platform for process orchestration, automation, and intelligence. The platform provides everything an organization needs to design, automate, and optimize critical processes. Its capabilities include data fabric, robotic process automation (RPA); intelligent document processing (IDP); generative artificial intelligence (AI); AI agents; low-code design; application programming interfaces (APIs); and process intelligence capabilities in a single platform. Its data fabric is an integrated data layer that unifies data across systems without requiring companies to migrate their data. Its patented data fabric technology supports both analytical and transactional workloads, which allows users to build applications that create and update enterprise data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Appian Appoints David Link to Board, Enhancing AI Automation Leadership
- New Board Member: Appian announced the appointment of David Link to its Board of Directors effective January 25, 2026, leveraging his extensive experience in AI-driven IT operations to enhance the company's strategic development in intelligent automation.
- Industry Leader Background: As the Co-Founder and CEO of ScienceLogic, Link possesses deep expertise in developing IT management and automation tools, which is expected to help Appian further enhance its product competitiveness in the market.
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- Extensive Industry Experience: Prior to founding ScienceLogic, Link held senior positions at Interliant and IBM, where he led the development of Internet commerce software products, further strengthening his leadership in technology and business transformation.
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Appian Appoints David Link to Board, Enhancing AI Automation Leadership
- New Board Member: Appian announced the appointment of David Link to its Board of Directors effective January 25, 2026, whose extensive experience in AI-driven IT operations is expected to enhance the company's technological strategy and market competitiveness.
- Industry Leader: As the Co-Founder and CEO of ScienceLogic, Link's expertise in unifying service-centric observability with intelligent automation will provide Appian with valuable industry insights and innovative thinking.
- Technical Expertise: Link's proficiency in scaling enterprise software platforms and applying AI and automation to complex globally distributed systems is anticipated to help Appian improve its product market adaptability and customer satisfaction.
- Rich Background: Prior to founding ScienceLogic, Link held senior roles at Interliant and IBM, accumulating deep technical management experience and holding over 12 technology patents in IT management, further enhancing his strategic value to Appian.
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