Appian Corporation (APPN)
NASDAQ: APPN · Real-Time Price · USD
36.12
-0.71 (-1.93%)
Nov 20, 2024, 4:00 PM EST - Market closed
Appian Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Appian stock have an average target of 40, with a low estimate of 33 and a high estimate of 52. The average target predicts an increase of 10.74% from the current stock price of 36.12.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Appian stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $29 → $34 | Sell | Maintains | $29 → $34 | -5.87% | Nov 8, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $33 | Hold | Maintains | $33 | -8.64% | Oct 14, 2024 |
| Barclays | Barclays | Sell Maintains $32 → $29 | Sell | Maintains | $32 → $29 | -19.71% | Aug 5, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $47 → $41 | Strong Buy | Maintains | $47 → $41 | +13.51% | Aug 2, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 2, 2024 |
Financial Forecast
Revenue This Year
626.44M
from 545.36M
Increased by 14.87%
Revenue Next Year
697.77M
from 626.44M
Increased by 11.39%
EPS This Year
-0.53
from -1.52
EPS Next Year
0.17
from -0.53
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 646.3M | 724.5M | 816.6M | ||
| Avg | 626.4M | 697.8M | 778.2M | ||
| Low | 597.8M | 664.6M | 734.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.5% | 15.7% | 17.0% | ||
| Avg | 14.9% | 11.4% | 11.5% | ||
| Low | 9.6% | 6.1% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.36 | 0.75 | 1.20 | ||
| Avg | -0.53 | 0.17 | 0.66 | ||
| Low | -0.59 | -0.17 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 596.2% | ||
| Avg | - | - | 281.3% | ||
| Low | - | - | -37.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.