Appian (NASDAQ:APPN) Releases 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.

Appian Price Performance

Shares of Appian stock traded up $5.12 on Wednesday, reaching $37.16. The company had a trading volume of 1,962,629 shares, compared to its average volume of 430,544. The firm’s 50-day moving average price is $34.31 and its two-hundred day moving average price is $34.04. Appian has a 1 year low of $26.28 and a 1 year high of $43.33. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of -30.46 and a beta of 1.64.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on APPN. KeyCorp reissued a “sector weight” rating on shares of Appian in a research note on Tuesday, January 14th. Barclays raised their price target on Appian from $34.00 to $37.00 and gave the stock an “underweight” rating in a research note on Friday, December 6th. Finally, Scotiabank assumed coverage on Appian in a research report on Monday, January 6th. They issued a “sector perform” rating and a $37.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $40.17.

Insider Activity at Appian

In other Appian news, Director William D. Mccarthy sold 700 shares of Appian stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $38.78, for a total transaction of $27,146.00. Following the completion of the sale, the director now directly owns 7,966 shares of the company’s stock, valued at $308,921.48. The trade was a 8.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 44.00% of the stock is owned by company insiders.

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.