Appian (NASDAQ:APPN) Releases FY 2026 Earnings Guidance

Appian (NASDAQ:APPN) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.200-1.240 for the period, compared to the consensus estimate of 0.960. The company issued revenue guidance of $873.0 million-$877.0 million, compared to the consensus revenue estimate of $849.6 million. Appian also updated its Q4 2026 guidance to 0.300-0.340 EPS.

Appian Trading Up 8.6%

APPN traded up $4.28 during trading on Thursday, hitting $54.10. 2,007,653 shares of the company’s stock were exchanged, compared to its average volume of 967,267. Appian has a 1 year low of $18.63 and a 1 year high of $56.38. The stock has a 50 day moving average price of $41.03 and a 200 day moving average price of $29.30. The firm has a market cap of $3.88 billion, a P/E ratio of -360.64 and a beta of 0.84.

Appian (NASDAQ:APPN) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.18. Appian had a negative net margin of 1.34% and a negative return on equity of 35.20%. The firm had revenue of $234.63 million during the quarter, compared to analysts’ expectations of $216.94 million. During the same period in the prior year, the company earned $0.32 EPS. The firm’s revenue was up 25.5% on a year-over-year basis. Appian has set its FY 2026 guidance at 1.200-1.240 EPS and its Q4 2026 guidance at 0.300-0.340 EPS. Analysts forecast that Appian will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on APPN shares. Barclays boosted their target price on shares of Appian from $26.00 to $30.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 13th. DA Davidson raised their price target on shares of Appian from $34.00 to $42.00 and gave the company a “neutral” rating in a report on Friday, August 14th. Morgan Stanley raised their price target on shares of Appian from $25.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Wall Street Zen downgraded shares of Appian from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. Finally, TD Cowen boosted their price objective on shares of Appian from $30.00 to $50.00 and gave the stock a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $36.50.

Insider Activity

In other news, CEO Matthew Calkins sold 45,000 shares of the stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $37.50, for a total transaction of $1,687,500.00. Following the transaction, the chief executive officer owned 1,584,144 shares of the company’s stock, valued at approximately $59,405,400. This trade represents a 2.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 42.81% of the company’s stock.

Appian News Roundup

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Appian reported Q3 EPS of $0.51, beating the $0.33 consensus, while revenue of $234.63 million topped estimates of $216.94 million and grew 25.5% year over year. Cloud subscription revenue rose 20% to $136.4 million. Appian Announces Third Quarter 2026 Financial Results
• Positive Sentiment: FY 2026 guidance was raised to EPS of $1.20–$1.24 and revenue of $873 million–$877 million, above consensus estimates of $0.96 and $849.6 million, respectively. Appian reports strong Q3 and full-year guidance
• Positive Sentiment: William Blair upgraded Appian to Outperform, citing improving momentum into year-end, adding to the positive analyst response. William Blair upgrades Appian to Outperform
• Negative Sentiment: Q4 EPS guidance of $0.30–$0.34 has a $0.32 midpoint, below the $0.34 consensus estimate. However, the revenue outlook of $233 million–$237 million is above the $228.1 million consensus. Appian Q4 revenue guidance

About Appian

Appian Corporation (NASDAQ: APPN) develops and provides a low-code platform designed to help organizations build, manage and automate business applications and processes. Its platform combines process orchestration, workflow automation, artificial intelligence, robotic process automation, case management and data management capabilities in a unified environment.

Appian’s software is used to improve operational efficiency, connect data and systems, and support applications such as customer service, compliance, supply chain management and government services.