Appian (NASDAQ:APPN) Updates Q1 2026 Earnings Guidance

Appian (NASDAQ:APPN) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.160-0.200 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $189.0 million-$193.0 million, compared to the consensus revenue estimate of $187.3 million. Appian also updated its FY 2026 guidance to 0.820-0.960 EPS.

Appian Trading Up 4.4%

APPN stock opened at $24.06 on Thursday. The stock has a market cap of $1.78 billion, a P/E ratio of -240.58 and a beta of 0.90. Appian has a twelve month low of $22.19 and a twelve month high of $46.06. The company’s 50 day moving average is $31.07 and its two-hundred day moving average is $32.43.

Appian (NASDAQ:APPN) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.11 by $0.04. The company had revenue of $202.87 million for the quarter, compared to analyst estimates of $189.33 million. Appian has set its FY 2026 guidance at 0.820-0.960 EPS and its Q1 2026 guidance at 0.160-0.200 EPS. On average, equities research analysts predict that Appian will post -0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Barclays lowered their price target on Appian from $37.00 to $34.00 and set an “underweight” rating on the stock in a report on Monday, January 12th. Morgan Stanley raised Appian from an “equal weight” rating to an “overweight” rating and set a $45.00 target price on the stock in a research note on Monday, January 12th. Citigroup reissued a “buy” rating on shares of Appian in a research report on Tuesday, January 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. Finally, TD Cowen restated a “hold” rating on shares of Appian in a report on Thursday, November 6th. Two equities research 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $38.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership lifted its position in Appian by 86.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,291,124 shares of the company’s stock worth $39,470,000 after buying an additional 600,336 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Appian by 182.7% in the second quarter. Bank of America Corp DE now owns 237,421 shares of the company’s stock worth $7,089,000 after acquiring an additional 524,420 shares during the last quarter. Caption Management LLC raised its holdings in shares of Appian by 127.3% during the second quarter. Caption Management LLC now owns 80,472 shares of the company’s stock worth $2,403,000 after acquiring an additional 375,758 shares in the last quarter. Millennium Management LLC boosted its position in Appian by 475.9% during the third quarter. Millennium Management LLC now owns 402,958 shares of the company’s stock valued at $12,318,000 after purchasing an additional 332,992 shares during the last quarter. Finally, Squarepoint Ops LLC grew its stake in Appian by 269.9% in the third quarter. Squarepoint Ops LLC now owns 346,550 shares of the company’s stock valued at $10,594,000 after purchasing an additional 252,850 shares in the last quarter. 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.