Appian (NASDAQ:APPN) Issues 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 0.820-0.960 for the period, compared to the consensus earnings per share estimate of 0.580. The company issued revenue guidance of $801.0 million-$817.0 million, compared to the consensus revenue estimate of $795.6 million. Appian also updated its Q1 2026 guidance to 0.160-0.200 EPS.

Appian Stock Up 0.5%

APPN stock traded up $0.12 during trading on Thursday, reaching $24.18. The company’s stock had a trading volume of 1,587,091 shares, compared to its average volume of 1,174,994. The company’s fifty day moving average is $31.07 and its 200-day moving average is $32.43. The company has a market capitalization of $1.79 billion, a P/E ratio of -241.49 and a beta of 0.90. Appian has a 1 year low of $21.77 and a 1 year high of $46.06.

Appian (NASDAQ:APPN) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.11 by $0.04. The business had revenue of $202.87 million during the quarter, compared to analysts’ expectations of $189.33 million. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. Analysts anticipate that Appian will post -0.28 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on APPN. Zacks Research lowered shares of Appian from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. DA Davidson started coverage on shares of Appian in a research note on Friday, November 7th. They set a “hold” rating and a $38.00 target price for the company. Citigroup reiterated a “buy” rating on shares of Appian in a report on Tuesday, January 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Appian in a report on Monday, December 29th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Appian in a report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $38.40.

Appian News Summary

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Q4 results beat expectations — Appian reported $0.15 EPS (vs. Zacks $0.09 / consensus ~$0.11) and revenue of $202.9M, a 21.7% YoY increase. This fundamental beat is the main positive catalyst. Read More.
• Positive Sentiment: Company raised guidance — Appian issued Q1 FY2026 EPS guidance of $0.160–0.200 (above consensus) and FY2026 EPS guidance of $0.820–0.960 (well above street). Revenue guidance was also raised vs. consensus — a material forward-looking bullish signal. Read More.
• Positive Sentiment: Subscription growth supports recurring revenue — Q4 cloud subscriptions revenue rose 18% YoY to $117.0M and full‑year cloud subscriptions were up 19% to $437.4M, strengthening the recurring revenue story. Read More.
• Neutral Sentiment: Company provided conference call and investor materials — management hosted a call and published a slide deck for details; useful for digging into margin drivers and customer metrics but neutral until specifics move consensus. Read More.
• Neutral Sentiment: Pre-earnings coverage and outlook commentary circulated (MSN, Benzinga, Zacks previews) — background reading available but not new drivers vs. results. Read More.
• Negative Sentiment: Street still shows caution — average sell‑side forecasts previously implied a negative EPS for the current fiscal year (consensus ~‑0.28 prior to updated guidance), indicating some analysts may take time to revise models upward; lingering skepticism could limit sustained rallies.
• Negative Sentiment: Technical/valuation headwinds — the stock remains below its 50- and 200-day moving averages and is well off its 1-year high; short‑term profit taking or rotation into other names may keep upward momentum in check.
• Neutral Sentiment: Short interest data reported appears anomalous and provides no clear signal to explain intraday moves (reported values show zeros/NaN).

Institutional Trading of Appian

A number of institutional investors have recently bought and sold shares of the stock. Millennium Management LLC boosted its position in shares of Appian by 18.9% during the first quarter. Millennium Management LLC now owns 302,720 shares of the company’s stock valued at $8,721,000 after buying an additional 48,014 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Appian by 2.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 385,731 shares of the company’s stock valued at $11,113,000 after purchasing an additional 8,319 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Appian by 2.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 90,080 shares of the company’s stock worth $2,595,000 after purchasing an additional 2,244 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Appian by 1.9% during the second quarter. JPMorgan Chase & Co. now owns 208,832 shares of the company’s stock valued at $6,236,000 after purchasing an additional 3,954 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Appian by 34.7% during the second quarter. Invesco Ltd. now owns 32,343 shares of the company’s stock valued at $966,000 after buying an additional 8,329 shares during the period. 52.70% of the stock is currently owned by institutional investors.

Appian Company Profile

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.