Appian (NASDAQ:APPN) Updates FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.940-1.050 for the period, compared to the consensus earnings per share estimate of 0.780. The company issued revenue guidance of $819.0 million-$831.0 million, compared to the consensus revenue estimate of $810.6 million. Appian also updated its Q2 2026 guidance to -0.020-0.020 EPS.

Appian Price Performance

Shares of NASDAQ:APPN opened at $23.18 on Thursday. The company has a market capitalization of $1.71 billion, a PE ratio of 2,318.00 and a beta of 0.88. The business has a fifty day moving average price of $23.95 and a two-hundred day moving average price of $30.16. Appian has a 1 year low of $19.79 and a 1 year high of $46.06.

Appian (NASDAQ:APPN) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.08. The firm had revenue of $202.18 million during the quarter, compared to the consensus estimate of $191.57 million. Appian had a negative return on equity of 11.83% and a net margin of 0.17%.Appian has set its FY 2026 guidance at 0.940-1.050 EPS and its Q2 2026 guidance at -0.020-0.020 EPS. Sell-side analysts anticipate that Appian will post 0.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Barclays cut their price target on Appian from $34.00 to $21.00 and set an “underweight” rating for the company in a research note on Friday, February 20th. Wall Street Zen downgraded Appian from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. Morgan Stanley reiterated an “equal weight” rating and set a $25.00 price target (down from $41.00) on shares of Appian in a research note on Thursday, April 30th. TD Cowen cut their price target on Appian from $35.00 to $30.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Finally, DA Davidson set a $25.00 price target on Appian in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Appian has a consensus rating of “Hold” and a consensus price target of $27.33.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. State of Wyoming boosted its stake in Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock worth $52,000 after purchasing an additional 519 shares during the period. Legal & General Group Plc boosted its stake in Appian by 1.7% in the 3rd quarter. Legal & General Group Plc now owns 37,730 shares of the company’s stock worth $1,153,000 after purchasing an additional 632 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Appian in the 4th quarter worth about $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in Appian by 693.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 968 shares of the company’s stock worth $30,000 after purchasing an additional 846 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in Appian in the 4th quarter worth about $34,000. Institutional investors own 52.70% of the company’s stock.

About Appian

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.