DA Davidson Forecasts Appian’s Q1 Earnings (NASDAQ:APPN)

Appian Co. (NASDAQ:APPN) – Investment analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Appian in a note issued to investors on Thursday, February 20th. DA Davidson analyst G. Luria anticipates that the company will earn ($0.10) per share for the quarter. The consensus estimate for Appian’s current full-year earnings is ($0.31) per share. DA Davidson also issued estimates for Appian’s FY2025 earnings at ($0.25) EPS and FY2026 earnings at $0.07 EPS.

A number of other brokerages have also issued reports on APPN. KeyCorp restated a “sector weight” rating on shares of Appian in a research report on Tuesday, January 14th. Barclays increased their price target on Appian from $34.00 to $37.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. Finally, Scotiabank initiated coverage on Appian in a report on Monday, January 6th. They issued a “sector perform” rating and a $37.00 price objective for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $40.17.

Appian Stock Performance

Shares of Appian stock opened at $33.23 on Monday. Appian has a 52-week low of $26.28 and a 52-week high of $43.33. The stock has a market cap of $2.84 billion, a PE ratio of -26.37 and a beta of 1.64. The firm has a 50-day moving average of $34.05 and a 200-day moving average of $34.22.

Appian (NASDAQ:APPN) last released its quarterly earnings results on Wednesday, February 19th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The firm had revenue of $166.70 million for the quarter, compared to analyst estimates of $164.31 million. Appian had a negative return on equity of 532.05% and a negative net margin of 14.95%. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.06 earnings per share.

Hedge Funds Weigh In On Appian

Several large investors have recently bought and sold shares of APPN. Abdiel Capital Advisors LP grew its holdings in Appian by 72.6% during the 3rd quarter. Abdiel Capital Advisors LP now owns 10,169,273 shares of the company’s stock worth $347,179,000 after acquiring an additional 4,278,969 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Appian by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 5,028,472 shares of the company’s stock worth $165,839,000 after purchasing an additional 23,890 shares during the last quarter. Lead Edge Capital Management LLC grew its stake in shares of Appian by 5.7% in the fourth quarter. Lead Edge Capital Management LLC now owns 1,528,085 shares of the company’s stock worth $50,396,000 after purchasing an additional 83,000 shares during the last quarter. First Trust Advisors LP increased its holdings in Appian by 7.1% in the fourth quarter. First Trust Advisors LP now owns 1,263,405 shares of the company’s stock valued at $41,667,000 after purchasing an additional 83,708 shares during the period. Finally, Geode Capital Management LLC raised its position in Appian by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 972,203 shares of the company’s stock worth $32,071,000 after purchasing an additional 14,710 shares during the last quarter. 52.70% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Appian

In related news, Director William D. Mccarthy sold 700 shares of Appian stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $38.78, for a total transaction of $27,146.00. Following the sale, the director now directly owns 7,966 shares of the company’s stock, valued at approximately $308,921.48. The trade was a 8.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Albert G.W. Biddle III sold 990 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $33.21, for a total transaction of $32,877.90. Following the completion of the transaction, the director now directly owns 29,348 shares of the company’s stock, valued at approximately $974,647.08. The trade was a 3.26 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 44.00% of the company’s stock.

Appian Company Profile

Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.