Appian Corporation (APPN)
NASDAQ: APPN · IEX Real-Time Price · USD
37.56
+1.36 (3.76%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Appian Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Appian stock have an average target of 48.86, with a low estimate of 36 and a high estimate of 55. The average target predicts an increase of 30.09% from the current stock price of 37.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Appian stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $35 → $36 | Sell | Maintains | $35 → $36 | -4.15% | Apr 15, 2024 |
| Citigroup | Citigroup | Hold Maintains $48 → $52 | Hold | Maintains | $48 → $52 | +38.45% | Mar 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $55 → $52 | Strong Buy | Maintains | $55 → $52 | +38.45% | Mar 4, 2024 |
| Keybanc | Keybanc | Buy Maintains $45 → $50 | Buy | Maintains | $45 → $50 | +33.12% | Feb 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $50 → $45 | Buy | Maintains | $50 → $45 | +19.81% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
627.95M
from 545.36M
Increased by 15.14%
Revenue Next Year
717.96M
from 627.95M
Increased by 14.33%
EPS This Year
-0.70
from -1.52
EPS Next Year
-0.12
from -0.70
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 648.0M | 754.1M | 876.4M | 1.1B |
| Avg | 628.0M | 718.0M | 822.7M | 1.1B |
| Low | 600.9M | 674.8M | 757.7M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.8% | 20.1% | 22.1% | 38.9% |
| Avg | 15.1% | 14.3% | 14.6% | 32.7% |
| Low | 10.2% | 7.5% | 5.5% | 25.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.69 | 0.02 | 0.84 | 1.25 |
| Avg | -0.70 | -0.12 | 0.57 | 1.21 |
| Low | -0.70 | -0.41 | 0.21 | 1.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 120.6% |
| Avg | - | - | - | 114.3% |
| Low | - | - | - | 105.9% |
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.