Appian (NASDAQ:APPN) Price Target Lowered to $21.00 at Barclays

Appian (NASDAQ:APPN) had its price objective lowered by Barclays from $34.00 to $21.00 in a report published on Friday,Benzinga reports. The brokerage currently has an underweight rating on the stock.

APPN has been the subject of several other reports. Zacks Research downgraded shares of Appian from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Morgan Stanley raised Appian from an “equal weight” rating to an “overweight” rating and set a $45.00 price target for the company in a report on Monday, January 12th. Citigroup reduced their price objective on Appian from $48.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday. TD Cowen reiterated a “hold” rating on shares of Appian in a research report on Thursday, November 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $30.00.

Appian Stock Performance

NASDAQ:APPN opened at $25.14 on Friday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 2,514.00 and a beta of 0.90. Appian has a fifty-two week low of $21.77 and a fifty-two week high of $46.06. The stock has a fifty day moving average price of $30.55 and a 200-day moving average price of $32.35.

Appian (NASDAQ:APPN) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Appian had a negative return on equity of 11.98% and a net margin of 0.17%.The company had revenue of $202.87 million for the quarter, compared to analysts’ expectations of $189.33 million. The company’s revenue 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. Research analysts predict that Appian will post -0.28 EPS for the current fiscal year.

Institutional Trading of Appian

Several hedge funds and other institutional investors have recently made changes to their positions in APPN. State of Wyoming raised its holdings in Appian by 55.0% in the 4th quarter. State of Wyoming now owns 1,462 shares of the company’s stock valued at $52,000 after buying an additional 519 shares during the last quarter. ProShare Advisors LLC increased its position in Appian by 7.8% in the 4th quarter. ProShare Advisors LLC now owns 7,481 shares of the company’s stock valued at $265,000 after acquiring an additional 543 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Appian by 89.0% during the second quarter. PNC Financial Services Group Inc. now owns 1,198 shares of the company’s stock valued at $36,000 after acquiring an additional 564 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Appian by 282.5% during the third quarter. EverSource Wealth Advisors LLC now owns 811 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares during the period. Finally, Legal & General Group Plc increased its holdings in Appian by 1.7% in the third quarter. Legal & General Group Plc now owns 37,730 shares of the company’s stock valued at $1,153,000 after purchasing an additional 632 shares during the period. 52.70% of the stock is currently owned by institutional investors.

More Appian News

Here are the key news stories impacting Appian this week:

• Positive Sentiment: Q4 beat and revenue growth — Appian reported $0.15 EPS vs. consensus ~$0.11 and revenue of $202.9M (≈22% YoY growth), beating estimates. This is the main driver of the rally. Appian Q4 Earnings Surpass Estimates
• Positive Sentiment: Raised guidance — Appian issued Q1 FY2026 EPS guidance of $0.160–0.200 (well above street) and FY2026 EPS of $0.820–0.960, plus higher revenue ranges, which materially improved forward expectations. Press Release / Guidance
• Positive Sentiment: Profitability and buyback — Coverage notes Appian has turned profitable and announced a $50M buyback, supporting EPS trajectory and signaling management confidence. Investors Reacting To Appian Turning Profitable
• Positive Sentiment: Operational highlights — Cloud subscription revenue grew ~18–19% YoY (Q4 and FY cloud subs), and management cited AI-driven upsell momentum and public sector gains in the outlook. Earnings Presentation
• Neutral Sentiment: Supporting materials — Multiple transcripts and deep-dive write-ups (earnings call, slide deck) are available for due diligence; these provide detail but are informational rather than market-moving by themselves. Earnings Call Transcript
• Neutral Sentiment: Short-interest data appears anomalous — Recent short-interest reports show “0” shares (likely a reporting glitch); no clear signal of a meaningful short squeeze or covering pressure. MarketBeat
• Neutral Sentiment: Volume and momentum — Trading volume has picked up versus the stock’s average, consistent with earnings-driven moves; monitor whether volume sustains. Seeking Alpha: Stock Reaction
• Negative Sentiment: Analyst downgrades/target cuts — TD Cowen lowered its target to $30 (hold) and Barclays cut to $21 (underweight); these trims indicate some analysts are taking a more cautious view despite the beat. Benzinga (TD Cowen) Benzinga (Barclays)

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.