APPN

Appian Corp

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Advanced Chart

29.840

-0.82(-2.674%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

30.770

Open

30.740

VWAP

Vol

148.67K

Mkt Cap

2.28B

Low

29.780

Amount

EV/EBITDA(TTM)

Total Shares

72.24M

2.32B

EV/OCF(TTM)

70.48

P/S(TTM)

3.54

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q2

FY2025Q1

185.57M

+11.33%

0.059

-60.95%

171.73M

+11.48%

-0.128

-50.64%

160.01M

+9.26%

0.031

-113.03%

Estimates Revision

The market is revising Downward the revenue expectations for Appian Corporation (APPN) for FY2025, with the revenue forecasts being adjusted by -0.29% over the past three months. During the same period, the stock price has changed by -3.90%.

Revenue Estimates for FY2025

Revise Downward

-0.29%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+22.72%

In Past 3 Month

Stock Price

Go Down

-3.90%

In Past 3 Month

7 Analyst Rating

16.72% Upside

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 34.83 USD with a low forecast of 29.00 USD and a high forecast of 41.00 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.

1 Buy

5 Hold

1 Sell

Hold

16.72% Upside

Current: 29.840

Low

29.00

Averages

34.83

High

41.00

16.72% Upside

Current: 29.840

Low

29.00

Averages

34.83

High

41.00

Barclays

Equal Weight

maintain

$50 -> $58

2025-07-23

Reason

Barclays

Price Target

$50 -> $58

2025-07-23

maintain

Equal Weight

Reason

Barclays raised the firm's price target on Pegasystems (PEGA) to $58 from $50 and keeps an Equal Weight rating on the shares. Following what the firm describes as "another quarter of above consensus growth," it adds that Q2 was "almost better compared to Q1 when looking at the quality of the beat." While stating that it is "getting clearer" that the genAI Blueprint offering is "starting to work well as a demand generation tool," the firm keeps an Equal Weight rating as it does more work on the ultimate total addressable market and Appian's (APPN) lawsuit.

Citi

Buy

maintain

$40 -> $41

2025-05-13

Reason

Citi

Price Target

$40 -> $41

2025-05-13

maintain

Buy

Reason

Citi raised the firm's price target on Appian to $41 from $40 and keeps a Buy rating on the shares. The firm notes Appian reported better-than-feared Q1 results, with a healthy 1.9% top-line beat and $7.6M EBITDA beat partly flowed through to the raised/widened full year guides. Management noted no macro impacts to pipeline or sales cycles so far, including the Fed biz that had an especially strong bookings quarter with cautious optimism for the remainder of the year. Citi also points out that AI monetization is progressing with the new Advanced tier driving $9M in revenue for the quarter despite still early innings on the back-to-base upgrade cycle. The firm is encouraged by the Fed results/outlook, progress on AI monetization, and margin upside.

Barclays

Underweight

maintain

$28 -> $33

2025-05-09

Reason

Barclays

Price Target

$28 -> $33

2025-05-09

maintain

Underweight

Reason

Barclays raised the firm's price target on Appian to $33 from $28 and keeps an Underweight rating on the shares. The company reported solid Q1 results and its raised fiscal year guidance shows optimism in its growth, which should be enough to move shares higher in the short term, the analyst tells investors in a research note.

DA Davidson

Neutral

maintain

$28 -> $35

2025-05-09

Reason

DA Davidson

Price Target

$28 -> $35

2025-05-09

maintain

Neutral

Reason

DA Davidson raised the firm's price target on Appian to $35 from $28 and keeps a Neutral rating on the shares. The company's Q1 results exceeded expectations and provided strong metrics on AI adoption, though Appian remains in a challenged position with over 50% of revenues from either the U.S. Federal government or ex-U.S. customers, the analyst tells investors in a research note.

Scotiabank

Sector Perform

downgrade

$37 -> $34

2025-04-24

Reason

Scotiabank

Price Target

$37 -> $34

2025-04-24

downgrade

Sector Perform

Reason

Scotiabank lowered the firm's price target on Appian to $34 from $37 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the U.S. Software system in conjunction with the recent pull-back in the sector, the analyst tells investors. All eyes will be on tariff impacts, but these impacts are expected to surface in Q2 and 2H, the firm adds.

Citigroup

Steven Enders

Strong Buy

Maintains

$53 → $40

2025-04-22

Reason

Citigroup

Steven Enders

Price Target

$53 → $40

2025-04-22

Maintains

Strong Buy

Reason

Citi lowered the firm's price target on Appian to $40 from $53 and keeps a Buy rating on the shares as part of a Q1 earnings preview. The firm sees a challenging near-term deal environment for enterprise automation software companies with some deal delays expected given the macro uncertainty and potential Department of Government Efficiency disruption within federal. Citi cut the price target to account for the recent reset in software valuations.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Appian Corp (APPN.O) is 148.35, compared to its 5-year average forward P/E of -140.96. For a more detailed relative valuation and DCF analysis to assess Appian Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-140.96

Current PE

148.35

Overvalued PE

148.02

Undervalued PE

-429.95

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

122.49

Current EV/EBITDA

51.48

Overvalued EV/EBITDA

996.96

Undervalued EV/EBITDA

-751.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

9.99

Current PS

3.14

Overvalued PS

18.86

Undervalued PS

1.12