Appian (APPN) Stock Forecast, Price Target & Predictions

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APPN Stock Forecast

Appian stock forecast is as follows: an average price target of $31.00 (represents a -12.31% downside from APPN’s last price of $35.35) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.

APPN Price Target

The average price target for Appian (APPN) is $31.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $29.00. This represents a potential -12.31% downside from APPN's last price of $35.35.

APPN Analyst Ratings

Hold

According to 8 Wall Street analysts, Appian's rating consensus is 'Hold'. The analyst rating breakdown for APPN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (25.00%), 5 'Hold' (62.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Appian Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 05, 2024	Raimo Lenschow	Barclays	$29.00	$29.84	-2.82%	-17.96%
Jul 30, 2024	Gil Luria	D.A. Davidson	$33.00	$37.02	-10.86%	-6.65%
May 03, 2024	Thomas Blakey	KeyBanc	$37.00	$32.13	15.16%	4.67%
Nov 06, 2023	Gil LuriaGil Luria	D.A. Davidson	$55.00	$38.25	43.79%	55.59%
Dec 21, 2022		SMBC Nikko	$37.00	$34.01	8.79%	4.67%
May 11, 2022		Goldman Sachs	$77.00	$52.88	45.60%	117.82%
Apr 27, 2022		Goldman Sachs	$70.00	$48.37	44.72%	98.02%
Jan 26, 2022	Sanjit Singh	Morgan Stanley	$55.00	$49.14	11.93%	55.59%

The latest Appian stock forecast, released on Aug 05, 2024 by Raimo Lenschow from Barclays, set a price target of $29.00, which represents a -2.82% decrease from the stock price at the time of the forecast ($29.84), and a -17.96% decrease from APPN last price ($35.35).

Appian Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$33.00
Last Closing Price	$35.35	$35.35	$35.35
Upside/Downside	-100.00%	-100.00%	-6.65%

In the current month, the average price target of Appian stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Appian's last price of $35.35. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 05, 2024	Barclays	Underweight	Underweight	Hold
Aug 02, 2024	KeyBanc	Overweight	Sector Weight	Downgrade
Aug 01, 2024	William Blair		Market Perform	Downgrade
Jul 24, 2024	KeyBanc	Overweight	Overweight	Hold
Jul 12, 2024	Cowen & Co.	Hold	Hold	Hold
May 03, 2024	KeyBanc	Overweight	Overweight	Hold
Apr 15, 2024	Barclays	Underweight	Underweight	Hold
Jan 11, 2024	Citigroup		Buy	Upgrade
Nov 03, 2023	Goldman Sachs	Buy	Buy	Hold
Oct 12, 2023	Barclays	Underweight	Underweight	Hold
Dec 21, 2022	SMBC Nikko		Neutral	Initialise
May 11, 2022	Goldman Sachs	Buy	Buy	Hold
Apr 27, 2022	Goldman Sachs		Buy	Initialise
Apr 26, 2022	Zacks Investment Research		Hold	Downgrade
Sep 19, 2021	Barclays	Underweight	Underweight	Hold

Appian's last stock rating was published by Barclays on Aug 05, 2024. The company gave APPN a "Underweight" rating, the same as its previous rate.

Appian Financial Forecast

Appian Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$145.32M	$137.09M	$127.72M	$135.24M	$125.79M	$117.88M	$110.06M	$114.27M	$104.99M	$92.42M	$83.00M	$88.86M	$81.63M	$77.30M	$66.78M	$78.86M	$64.47M	$69.39M
Avg Forecast	$205.20M	$192.85M	$183.30M	$184.70M	$183.31M	$171.98M	$162.59M	$167.07M	$164.51M	$151.94M	$142.87M	$149.72M	$140.74M	$135.32M	$124.29M	$131.42M	$123.17M	$116.32M	$103.87M	$107.19M	$95.32M	$91.05M	$78.12M	$82.71M	$73.98M	$70.85M	$61.12M	$70.45M	$69.78M	$65.29M
High Forecast	$207.44M	$194.96M	$185.30M	$186.72M	$185.31M	$173.86M	$164.36M	$168.99M	$164.80M	$152.00M	$142.87M	$149.75M	$140.85M	$136.06M	$125.65M	$132.85M	$124.52M	$116.32M	$103.87M	$107.19M	$95.32M	$91.05M	$78.12M	$82.71M	$73.98M	$70.85M	$61.12M	$70.45M	$69.78M	$65.29M
Low Forecast	$203.52M	$191.27M	$181.79M	$183.18M	$181.81M	$170.57M	$161.25M	$165.14M	$164.20M	$151.87M	$142.87M	$149.69M	$140.63M	$134.59M	$123.27M	$130.34M	$122.16M	$116.32M	$103.87M	$107.19M	$95.32M	$91.05M	$78.12M	$82.71M	$73.98M	$70.85M	$61.12M	$70.45M	$69.78M	$65.29M
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	8	5	4	4	3	4	3	5	4	5	4	5	3	3	3	2	2
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.01%	1.03%	1.03%	1.02%	1.01%	1.06%	1.07%	1.10%	1.02%	1.06%	1.07%	1.10%	1.09%	1.09%	1.12%	0.92%	1.06%

Appian's average Quarter revenue forecast for Mar 24 based on 1 analysts is $149.72M, with a low forecast of $149.69M, and a high forecast of $149.75M. APPN's average Quarter revenue forecast represents a 3.03% increase compared to the company's last Quarter revenue of $145.32M (Dec 23).

Appian EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	8	5	4	4	3	4	3	5	4	5	4	5	3	3	3	2	2
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-1.44M	$-15.22M	$-40.66M	$-30.23M	$-31.35M	$-41.89M	$-48.90M	$-22.88M	$-23.71M	$-23.72M	$-22.21M	$-12.11M	$-4.38M	$-1.73M	$-9.94M	$-10.21M	$-9.33M	$-10.99M
Avg Forecast	$-38.16M	$-35.86M	$-34.09M	$-34.35M	$-34.09M	$-31.98M	$-30.24M	$-31.07M	$-30.59M	$-28.25M	$-26.57M	$-32.58M	$-26.17M	$-25.16M	$-23.11M	$-29.62M	$-29.68M	$-21.63M	$-19.32M	$-31.68M	$-17.73M	$-16.93M	$-14.53M	$-17.12M	$-13.76M	$-13.18M	$-11.37M	$-12.86M	$-12.98M	$-12.14M
High Forecast	$-37.85M	$-35.57M	$-33.81M	$-34.07M	$-33.81M	$-31.72M	$-29.99M	$-30.71M	$-30.54M	$-28.24M	$-26.57M	$-26.07M	$-26.15M	$-25.03M	$-22.92M	$-23.70M	$-23.75M	$-21.63M	$-19.32M	$-25.34M	$-17.73M	$-16.93M	$-14.53M	$-13.70M	$-13.76M	$-13.18M	$-11.37M	$-10.29M	$-12.98M	$-12.14M
Low Forecast	$-38.58M	$-36.25M	$-34.46M	$-34.72M	$-34.46M	$-32.33M	$-30.57M	$-31.43M	$-30.65M	$-28.27M	$-26.57M	$-39.10M	$-26.19M	$-25.30M	$-23.37M	$-35.54M	$-35.62M	$-21.63M	$-19.32M	$-38.02M	$-17.73M	$-16.93M	$-14.53M	$-20.54M	$-13.76M	$-13.18M	$-11.37M	$-15.44M	$-12.98M	$-12.14M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.05%	0.60%	1.76%	1.02%	1.06%	1.94%	2.53%	0.72%	1.34%	1.40%	1.53%	0.71%	0.32%	0.13%	0.87%	0.79%	0.72%	0.90%

undefined analysts predict APPN's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Appian's previous annual EBITDA (undefined) of $NaN.

Appian Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	8	5	4	4	3	4	3	5	4	5	4	5	3	3	3	2	2
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-10.01M	$-22.25M	$-42.35M	$-36.83M	$-34.42M	$-44.00M	$-49.35M	$-23.15M	$-25.84M	$-25.38M	$-23.82M	$-13.59M	$-6.38M	$-3.61M	$-11.81M	$-11.67M	$-11.36M	$-12.43M
Avg Forecast	$17.74M	$17.38M	$-16.35M	$8.33M	$9.67M	$6.69M	$-9.08M	$77.46K	$-783.69K	$-6.16M	$-22.53M	$-32.97M	$-17.58M	$-18.61M	$-30.82M	$-29.98M	$-32.35M	$-19.32M	$-25.09M	$-32.06M	$-16.34M	$-13.87M	$-16.61M	$-19.22M	$-12.04M	$-12.10M	$-17.83M	$-14.70M	$-10.36M	$-10.85M
High Forecast	$17.99M	$17.62M	$-16.17M	$8.44M	$9.81M	$6.79M	$-8.99M	$78.56K	$-775.32K	$-6.09M	$-22.29M	$-26.38M	$-15.47M	$-12.66M	$-30.49M	$-23.98M	$-25.88M	$-19.32M	$-25.09M	$-25.65M	$-16.34M	$-13.87M	$-16.61M	$-15.37M	$-12.04M	$-12.10M	$-17.83M	$-11.76M	$-10.36M	$-10.85M
Low Forecast	$17.55M	$17.19M	$-16.58M	$8.24M	$9.57M	$6.62M	$-9.21M	$76.64K	$-794.82K	$-6.24M	$-22.85M	$-39.57M	$-18.99M	$-20.10M	$-31.25M	$-35.97M	$-38.82M	$-19.32M	$-25.09M	$-38.47M	$-16.34M	$-13.87M	$-16.61M	$-23.06M	$-12.04M	$-12.10M	$-17.83M	$-17.64M	$-10.36M	$-10.85M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.57%	1.20%	1.37%	1.23%	1.06%	2.28%	1.97%	0.72%	1.58%	1.83%	1.43%	0.71%	0.53%	0.30%	0.66%	0.79%	1.10%	1.15%

Appian's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. APPN's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Appian SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	8	5	4	4	3	4	3	5	4	5	4	5	3	3	3	2	2
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$93.24M	$79.11M	$91.79M	$92.78M	$93.37M	$84.27M	$85.67M	$77.38M	$76.25M	$62.30M	$57.88M	$55.13M	$50.50M	$45.12M	$40.54M	$47.31M	$39.52M	$40.05M
Avg Forecast	$134.45M	$126.36M	$120.10M	$121.02M	$120.11M	$112.68M	$106.53M	$109.47M	$107.79M	$99.55M	$93.61M	$110.19M	$92.22M	$88.66M	$81.44M	$100.17M	$95.45M	$76.21M	$68.06M	$107.14M	$62.45M	$59.66M	$51.18M	$77.96M	$48.47M	$46.43M	$40.05M	$59.61M	$45.72M	$42.78M
High Forecast	$135.92M	$127.74M	$121.41M	$122.34M	$121.42M	$113.92M	$107.69M	$110.72M	$107.98M	$99.60M	$93.61M	$132.23M	$92.29M	$89.15M	$82.33M	$120.21M	$114.54M	$76.21M	$68.06M	$128.56M	$62.45M	$59.66M	$51.18M	$93.56M	$48.47M	$46.43M	$40.05M	$71.54M	$45.72M	$42.78M
Low Forecast	$133.35M	$125.32M	$119.12M	$120.03M	$119.12M	$111.76M	$105.66M	$108.21M	$107.59M	$99.51M	$93.61M	$88.15M	$92.14M	$88.18M	$80.77M	$80.14M	$76.36M	$76.21M	$68.06M	$85.71M	$62.45M	$59.66M	$51.18M	$62.37M	$48.47M	$46.43M	$40.05M	$47.69M	$45.72M	$42.78M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.89%	1.13%	0.93%	0.98%	1.11%	1.26%	0.72%	1.22%	1.04%	1.13%	0.71%	1.04%	0.97%	1.01%	0.79%	0.86%	0.94%

Appian's average Quarter SG&A projection for Mar 24 is $110.19M, based on 1 Wall Street analysts, with a range of $88.15M to $132.23M. The forecast indicates a 18.18% rise compared to APPN last annual SG&A of $93.24M (Dec 23).

Appian EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	3	8	5	4	4	3	4	3	5	4	5	4	5	3	3	3	2	2
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.14	$-0.30	$-0.58	$-0.51	$-0.47	$-0.61	$-0.68	$-0.32	$-0.36	$-0.36	$-0.34	$-0.19	$-0.09	$-0.05	$-0.17	$-0.17	$-0.16	$-0.19
Avg Forecast	$0.24	$0.24	$-0.23	$0.12	$0.13	$0.09	$-0.13	-	$-0.01	$-0.09	$-0.31	$-0.17	$-0.24	$-0.26	$-0.43	$-0.30	$-0.40	$-0.27	$-0.35	$-0.13	$-0.23	$-0.19	$-0.23	$-0.13	$-0.17	$-0.17	$-0.25	$-0.20	$-0.14	$-0.15
High Forecast	$0.25	$0.24	$-0.22	$0.12	$0.14	$0.09	$-0.12	-	$-0.01	$-0.08	$-0.31	$-0.17	$-0.21	$-0.17	$-0.42	$-0.29	$-0.40	$-0.27	$-0.35	$-0.13	$-0.23	$-0.19	$-0.23	$-0.13	$-0.17	$-0.17	$-0.25	$-0.20	$-0.14	$-0.15
Low Forecast	$0.24	$0.24	$-0.23	$0.11	$0.13	$0.09	$-0.13	-	$-0.01	$-0.09	$-0.32	$-0.18	$-0.26	$-0.28	$-0.43	$-0.30	$-0.41	$-0.27	$-0.35	$-0.13	$-0.23	$-0.19	$-0.23	$-0.13	$-0.17	$-0.17	$-0.25	$-0.20	$-0.14	$-0.15
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.58%	1.17%	1.36%	1.73%	1.16%	2.28%	1.96%	2.46%	1.59%	1.88%	1.48%	1.49%	0.54%	0.30%	0.69%	0.83%	1.12%	1.27%

According to undefined Wall Street analysts, Appian's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to APPN previous annual EPS of $NaN (undefined).

Appian Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MQ	Marqeta	$3.89	$5.50	41.39%	Buy
FIVN	Five9	$42.73	$58.90	37.84%	Buy
MDB	MongoDB	$265.10	$350.00	32.03%	Buy
ALTR	Altair Engineering	$106.85	$113.00	5.76%	Hold
ZS	Zscaler	$200.45	$209.91	4.72%	Buy
CRWD	CrowdStrike	$376.42	$349.42	-7.17%	Buy
DOCN	DigitalOcean	$37.76	$34.00	-9.96%	Buy
CFLT	Confluent	$31.34	$27.83	-11.20%	Buy
APPN	Appian	$37.46	$31.00	-17.25%	Hold
NET	Cloudflare	$117.56	$89.75	-23.66%	Hold

APPN Forecast FAQ

Is Appian a good buy?

No, according to 8 Wall Street analysts, Appian (APPN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 25.00% of APPN's total ratings.

What is APPN's price target?

Appian (APPN) average price target is $31 with a range of $29 to $33, implying a -12.31% from its last price of $35.35. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Appian stock go up soon?

According to Wall Street analysts' prediction for APPN stock, the company can go down by -12.31% (from the last price of $35.35 to the average price target of $31), down by -6.65% based on the highest stock price target, and down by -17.96% based on the lowest stock price target.

Can Appian stock reach $50?

APPN's average twelve months analyst stock price target of $31 does not support the claim that Appian can reach $50 in the near future.

What are Appian's analysts' financial forecasts?

Appian's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $684.95M (high $692.53M, low $678.77M), average EBITDA is $-127M (high $-126M, low $-129M), average net income is $7.36M (high $7.69M, low $7.05M), average SG&A $448.79M (high $453.76M, low $444.74M), and average EPS is $0.102 (high $0.106, low $0.0974). APPN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $766.05M (high $774.42M, low $759.76M), average EBITDA is $-142M (high $-141M, low $-144M), average net income is $27.09M (high $27.88M, low $26.39M), average SG&A $501.93M (high $507.42M, low $497.81M), and average EPS is $0.374 (high $0.385, low $0.365).

Did the APPN's actual financial results beat the analysts' financial forecasts?

Based on Appian's last annual report (Dec 2023), the company's revenue was $545.36M, beating the average analysts forecast of $531.76M by 2.56%. Apple's EBITDA was $-80.897M, missing the average prediction of $-104M by -22.27%. The company's net income was $-111M, beating the average estimation of $-96.983M by 14.91%. Apple's SG&A was $356.92M, missing the average forecast of $362.49M by -1.54%. Lastly, the company's EPS was $-1.52, beating the average prediction of $-1.221 by 24.53%. In terms of the last quarterly report (Dec 2023), Appian's revenue was $145.32M, beating the average analysts' forecast of $140.74M by 3.25%. The company's EBITDA was $-1.435M, missing the average prediction of $-26.172M by -94.52%. Appian's net income was $-10.006M, missing the average estimation of $-17.579M by -43.08%. The company's SG&A was $93.24M, beating the average forecast of $92.22M by 1.11%. Lastly, the company's EPS was $-0.14, missing the average prediction of $-0.243 by -42.34%