Wall Street analyst estimates for Appian Corporation (APPN): consensus price target and buy/hold/sell recommendations.
Appian Corporation provides a sophisticated low-code automation platform, serving clients across the United States and globally. This advanced technology significantly simplifies software development by automatically generating components like forms, complex workflows, data architectures, various reports, and user interfaces, which traditionally require extensive manual coding.
Consensus price target
$34.67 (-29 % vs price $48.64)
between $30.00 and $42.00 · 4 targets published in the last quarter
Closing price, Nov 3
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 6 |
| Hold | 12 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 19 |
| Avg rating (−2 sell to +2 buy) | 0.26 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $0.33 | ||
| 2026-08-06 | $0.13 | $0.00 | +4120.8% |
| 2026-05-07 | $0.27 | $0.19 | +42.1% |
| 2026-02-19 | $0.15 | $0.09 | +66.7% |
| 2025-11-06 | $0.32 | $0.05 | +540.0% |
| 2025-08-07 | $-0.14 | $-0.13 | -7.7% |
| 2025-05-08 | $0.13 | $0.03 | +333.3% |
| 2025-02-19 | $-0.12 | $-0.01 | -1100.0% |
Valuation Ratios
| Price / Book | -33.71 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $132.9M | $176.7M | $226.7M | $260.4M | $304.6M | $369.3M | $468.0M | $545.4M | $617.0M | $726.9M |
| Cost of Revenue | $50.1M | $64.6M | $84.9M | $93.8M | $88.8M | $104.1M | $133.3M | $143.3M | $150.2M | $199.6M |
| Gross Profit | $82.8M | $112.1M | $141.8M | $166.5M | $215.8M | $265.2M | $334.7M | $402.0M | $466.8M | $527.3M |
| Research & Development | $23.0M | $34.8M | $44.7M | $58.0M | $70.2M | $97.5M | $139.2M | $153.1M | $155.0M | $172.2M |
| Selling, General & Admin | $71.2M | $109.1M | $143.8M | $158.9M | $183.5M | $251.6M | $340.5M | $356.9M | $372.7M | $354.5M |
| Operating Expenses | $94.2M | $144.0M | $188.5M | $217.0M | $253.7M | $349.1M | $479.7M | $510.0M | $527.7M | $526.7M |
| Operating Income | -$11.4M | -$31.8M | -$46.7M | -$50.5M | -$37.9M | -$83.9M | -$145.0M | -$108.0M | -$60.9M | $609,000 |
| EBITDA | -$12.4M | -$28.9M | -$47.0M | -$44.8M | -$26.3M | -$81.7M | -$141.3M | -$80.9M | -$57.6M | $37.0M |
| Interest Expense | $982,000 | $473,000 | $198,000 | $367,000 | $478,000 | $372,000 | $1.7M | $17.9M | $23.6M | $20.9M |
| Pre-tax Income | -$14.1M | -$30.2M | -$49.2M | -$49.9M | -$32.6M | -$87.9M | -$150.2M | -$108.2M | -$91.2M | $6.4M |
| Income Tax | -$1.7M | $761,000 | $239,000 | $820,000 | $883,000 | $778,000 | $692,000 | $3.2M | $1.1M | $5.2M |
| Net Income | -$12.5M | -$31.0M | -$49.5M | -$50.7M | -$33.5M | -$88.6M | -$150.9M | -$111.4M | -$92.3M | $1.2M |
| EPS | -$0.23 | -$0.63 | -$0.80 | -$0.77 | -$0.48 | -$1.25 | -$2.08 | -$1.52 | -$1.26 | $0.02 |
| EPS (Diluted) | -$0.23 | -$0.63 | -$0.80 | -$0.77 | -$0.48 | -$1.25 | -$2.08 | -$1.52 | -$1.26 | $0.02 |
| Shares Outstanding (Diluted) | 54.7 M | 49.5 M | 62.1 M | 65.5 M | 69.1 M | 71.0 M | 72.5 M | 73.1 M | 73.0 M | 74.6 M |
Price
| Price | $48.64 (closing price, November 3, 2026) |
| Market Cap | $3.5B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Software - Infrastructure
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