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APPN

Appian Corporation

https://www.appian.com

Industry

Software - Infrastructure

Appian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.

Open

42.54

Mkt cap

3B

Volume

775K

High

43.33

P/E Ratio

-28.08

52-wk high

43.33

Low

39.35

Div yield

N/A

52-wk low

26.28

Several notable insider trades were reported, including significant purchases in Appian Corporation, Pebblebrook Hotel Trust, Warby Parker, and Bassett Furniture Industries. Insider buying often signals confidence in the company's prospects.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 1:14 pm

Shares of companies within the broader technology sector are trading higher amid overall market strength following softer-than-expected PPI figures.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:40 pm

Barclays analyst Raimo Lenschow maintains an Underweight rating on Appian (NASDAQ:APPN) and lowers the price target from $32 to $29.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:42 pm

Goldman Sachs analyst Kevin Kumar maintains a Buy rating on Appian (NASDAQ:APPN) but lowers the price target from $47 to $41.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:25 pm

Keybanc analyst Thomas Blakey has downgraded Appian (NASDAQ:APPN) from Overweight to Sector Weight.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:25 pm

Appian shares are trading lower after the company reported Q2 financial results and issued FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:36 pm

Appian Corp (NASDAQ:APPN) reported Q2 2024 revenue growth of 15% year-on-year to $146.45 million, beating analyst estimates. Despite this, the stock price fell due to lower-than-expected future revenue projections and a downgrade from DA Davidson. The company expects to achieve adjusted EBITDA breakeven for the full year 2024.

Portfolio Pulse from Anusuya Lahiri

August 01, 2024 | 3:04 pm

Appian Corporation (APPN) has released its full-year 2024 guidance, expecting total revenue between $610M and $615M, slightly below the $615.69M estimate. The company anticipates an adjusted EPS loss between $(0.61) and $(0.52), better than the $(0.80) estimate. Cloud subscription revenue is projected to grow by 18% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:15 am

Appian has provided its Q3 2024 guidance, expecting total revenue between $149M and $153M, surpassing the $142.95M estimate. The company also anticipates a non-GAAP net loss per share between $(0.10) and $(0.06), better than the $(0.31) estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:13 am

Appian Corporation (APPN) reported its Q2 2024 financial results, with an adjusted EPS of $(0.26), beating the estimate of $(0.31). The company also reported sales of $146.450 million, surpassing the expected $142.954 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:08 am

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