Appian Corporation (APPN)
NASDAQ: APPN · IEX Real-Time Price · USD
34.55
-0.31 (-0.89%)
At close: Apr 19, 2024, 4:00 PM
34.00
-0.55 (-1.59%)
After-hours: Apr 19, 2024, 6:14 PM EDT

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 41.42% from the current stock price of 34.55.

Analyst Consensus: Buy
Target Low Average Median High
Price $36 $48.86 $50 $55
Change +4.20% +41.42% +44.72% +59.19%

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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 443333
Buy 111111
Hold 332222
Sell 111111
Strong Sell 000000
Total 997777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Maintains
$35$36
Sell Maintains $35$36 +4.20% Apr 15, 2024
Citigroup
Citigroup
Hold
Maintains
$48$52
Hold Maintains $48$52 +50.51% Mar 22, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$55$52
Strong Buy Maintains $55$52 +50.51% Mar 4, 2024
Keybanc
Keybanc
Buy
Maintains
$45$50
Buy Maintains $45$50 +44.72% Feb 16, 2024
Keybanc
Keybanc
Buy
Maintains
$50$45
Buy Maintains $50$45 +30.25% Jan 22, 2024
More Analyst Ratings

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
Year 201920202021202220232024202520262027
Revenue
260.35M304.57M369.26M467.99M545.36M627.95M717.96M822.69M1.09B
Revenue Growth
14.82%16.99%21.24%26.74%16.53%15.14%14.33%14.59%32.74%
EPS
-0.77-0.48-1.25-2.08-1.52-0.70-0.120.571.21
EPS Growth
--------114.34%
No. Analysts -----121173
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.