Appen Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Appen stock has a consensus rating of "Hold" and an average price target of $1.79. The average 1-year stock price forecast is 88.42% higher than the current stock price, while the lowest is $0.59 (-37.89%) and the highest is $2.35 (+147.37%).

Price Target: $1.79 (+88.42%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$0.59	$1.79	$2.10	$2.35
Change	-37.89%	+88.42%	+121.05%	+147.37%

* Price targets were last updated on Apr 30, 2026.

Analyst Ratings

The average analyst rating for Appen stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Dec '25	Jan '26	Feb '26	Apr '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Boulus Morgan Stanley	Morgan Stanley	Sell Maintains $0.52	Sell	Maintains	$0.52	-45.26%	Apr 30, 2026
Conor O'Prey Canaccord Genuity	Canaccord Genuity	Buy Maintains $2.30	Buy	Maintains	$2.30	+142.11%	Mar 5, 2026

Financial Forecast

Revenue This Year

277.27M

from 232.67M

19.17%

from 232.67M

Revenue Next Year

325.65M

from 277.27M

17.45%

from 277.27M

EPS This Year

0.02

from -0.04

EPS Next Year

0.07

from 0.02

273.85%

from 0.02

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	447.26M	388.31M	273.79M	235.22M	232.67M	277.27M
Revenue Growth	8.36%	-13.18%	-29.49%	-14.09%	-1.08%	19.17%
Gross Profit	107.87M	56.38M	22.17M	37.86M	44.69M	110.91M
Gross Margin	24.12%	14.52%	8.10%	16.10%	19.21%	40.00%
Operating Income	43.80M	-28.31M	-55.56M	-19.85M	-19.15M	-15.27M
Net Income	28.52M	-239.07M	-118.08M	-20.01M	-21.82M	1.37M
EPS	-	-	-	-	-0.04	0.02
Forward PE	21.90	-	-	-	-	36.07
Dividend / Share	0.07	-	-	-	-	-
Free Cash Flow	23.42M	11.46M	-5.39M	-2.38M	18.04M	1.90M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	293.5M
Avg	277.3M
Low	266.7M

Revenue Growth

Revenue Growth	2026	2027	2028
High	26.1%
Avg	19.2%
Low	14.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.02
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-