DA Davidson Issues Pessimistic Forecast for Appian Earnings

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Appian Co. (NASDAQ:APPN – Free Report) – Stock analysts at DA Davidson cut their FY2026 EPS estimates for shares of Appian in a report released on Tuesday, April 15th. DA Davidson analyst G. Luria now anticipates that the company will post earnings of $0.01 per share for the year, down from their previous estimate of [...]

Appian Co. ( NASDAQ:APPN – Free Report ) – Stock analysts at DA Davidson cut their FY2026 EPS estimates for shares of Appian in a report released on Tuesday, April 15th. DA Davidson analyst G.

Luria now anticipates that the company will post earnings of $0.01 per share for the year, down from their previous estimate of $0.07.



DA Davidson currently has a “Neutral” rating and a $28.00 target price on the stock. The consensus estimate for Appian’s current full-year earnings is ($0.

28) per share. Appian ( NASDAQ:APPN – Get Free Report ) last posted its earnings results on Wednesday, February 19th. The company reported ($0.

12) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.11).

Appian had a negative return on equity of 532.05% and a negative net margin of 14.95%.

The company had revenue of $166.70 million for the quarter, compared to the consensus estimate of $164.31 million.

During the same quarter last year, the business earned $0.06 EPS. Appian’s quarterly revenue was up 14.

7% compared to the same quarter last year. Check Out Our Latest Stock Analysis on Appian Appian Stock Performance Shares of NASDAQ:APPN opened at $26.56 on Wednesday.

The company has a market capitalization of $1.97 billion, a PE ratio of -21.08 and a beta of 1.

78. The company’s fifty day moving average is $30.34 and its 200-day moving average is $33.

54. Appian has a 52 week low of $24.00 and a 52 week high of $43.

33. Insider Buying and Selling In other news, major shareholder Abdiel Capital Advisors, Lp sold 57,975 shares of Appian stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $29.

52, for a total transaction of $1,711,422.00. Following the transaction, the insider now directly owns 10,121,563 shares of the company’s stock, valued at $298,788,539.

76. This trade represents a 0.57 % decrease in their ownership of the stock.

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 business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $33.21, for a total value 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 ownership of the stock. The disclosure for this sale can be found here .

Insiders sold a total of 240,510 shares of company stock worth $6,648,635 over the last three months. 44.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Appian Several institutional investors have recently modified their holdings of APPN. FMR LLC grew its stake in shares of Appian by 199.4% during the 3rd quarter.

FMR LLC now owns 5,935 shares of the company’s stock worth $203,000 after acquiring an additional 3,953 shares in the last quarter. Barclays PLC lifted its stake in shares of Appian by 285.9% during the 3rd quarter.

Barclays PLC now owns 71,771 shares of the company’s stock worth $2,451,000 after buying an additional 53,172 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Appian by 0.6% during the 3rd quarter.

Geode Capital Management LLC now owns 957,493 shares of the company’s stock worth $32,695,000 after buying an additional 5,772 shares during the period. Chicago Partners Investment Group LLC grew its stake in Appian by 18.3% in the 4th quarter.

Chicago Partners Investment Group LLC now owns 31,127 shares of the company’s stock valued at $1,081,000 after buying an additional 4,813 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in Appian during the fourth quarter worth approximately $208,000. Institutional investors own 52.

70% of the company’s stock. About Appian ( Get Free Report ) 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. Read More Receive News & Ratings for Appian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Appian and related companies with MarketBeat.com's FREE daily email newsletter .

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