Appian Corporation (APPN)
NASDAQ: APPN · Real-Time Price · USD
35.28
+0.77 (2.23%)
Dec 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 40.75, with a low estimate of 33 and a high estimate of 52. The average target predicts an increase of 15.50% from the current stock price of 35.28.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $34 → $37 | Sell | Maintains | $34 → $37 | +4.88% | Dec 6, 2024 |
| Barclays | Barclays | Sell Maintains $29 → $34 | Sell | Maintains | $29 → $34 | -3.63% | Nov 8, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $33 | Hold | Maintains | $33 | -6.46% | Oct 14, 2024 |
| Barclays | Barclays | Sell Maintains $32 → $29 | Sell | Maintains | $32 → $29 | -17.80% | Aug 5, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $47 → $41 | Strong Buy | Maintains | $47 → $41 | +16.21% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
626.94M
from 545.36M
Increased by 14.96%
Revenue Next Year
697.07M
from 626.94M
Increased by 11.19%
EPS This Year
-0.36
from -1.52
EPS Next Year
0.12
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 646.3M | 724.5M | 816.6M |
| Avg | 626.9M | 697.1M | 777.1M |
| Low | 601.7M | 664.5M | 734.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.5% | 15.6% | 17.1% |
| Avg | 15.0% | 11.2% | 11.5% |
| Low | 10.3% | 6.0% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.36 | 0.24 | 0.83 |
| Avg | -0.36 | 0.12 | 0.60 |
| Low | -0.36 | -0.03 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 586.3% |
| Avg | - | - | 394.0% |
| Low | - | - | 232.4% |
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.