Appian (APPN) Stock Price

Appian Price

NASDAQ·CLOSED
29.91USD+2.14 (+7.43 %)
Market closed

Over the last 11 years Appian grew revenue by 21.0% annually, reaching 726.94 M USD. For Appian, the net margin of 0.2% is up versus -24.0% a few years ago. The consensus 12-month price target for Appian is 40.80 USD, about 36.4% above where the stock trades today. Of 14 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 60% above its 52-week low.

Appian stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Appian over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Appian stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Appian's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Appian Stock Price History
DateAppian Price
8/5/202629.91 USD
8/4/202627.76 USD
8/3/202627.71 USD
7/31/202626.96 USD
7/30/202626.48 USD
7/29/202628.58 USD
7/27/202625.68 USD
7/23/202621.96 USD
7/22/202622.64 USD
7/21/202625.35 USD
7/20/202626.03 USD
7/17/202626.11 USD
7/16/202626.21 USD
7/15/202625.33 USD
7/14/202625.18 USD
7/13/202626.68 USD
7/10/202625.36 USD
7/9/202625.24 USD
7/8/202623.93 USD
7/7/202624.68 USD
7/6/202623.78 USD
7/2/202624.40 USD
7/1/202623.76 USD
6/30/202622.90 USD
6/29/202622.17 USD
6/26/202621.97 USD
6/25/202620.63 USD
6/24/202620.83 USD
6/23/202620.51 USD
6/22/202619.53 USD
6/18/202620.68 USD
6/17/202622.71 USD
6/16/202623.30 USD
6/15/202623.51 USD
6/12/202624.08 USD
6/11/202623.18 USD
6/10/202623.83 USD
6/9/202624.05 USD
6/8/202624.43 USD
6/5/202624.76 USD
6/4/202625.14 USD
6/3/202624.49 USD
6/2/202626.45 USD
6/1/202627.19 USD
5/29/202622.97 USD
5/28/202622.08 USD
5/27/202621.61 USD
5/26/202622.19 USD
5/22/202621.37 USD
5/21/202620.78 USD
5/20/202621.32 USD
5/19/202621.71 USD
5/18/202621.10 USD
5/15/202619.53 USD
5/14/202619.22 USD
5/13/202618.72 USD
5/12/202620.52 USD
5/11/202620.53 USD
5/8/202621.92 USD
5/7/202623.76 USD
5/6/202623.18 USD
5/5/202622.72 USD
5/4/202622.58 USD
5/1/202622.54 USD
4/30/202620.79 USD
4/29/202621.72 USD
4/28/202621.79 USD
4/27/202621.96 USD
4/24/202622.15 USD
4/23/202621.60 USD
4/22/202621.86 USD
4/21/202621.06 USD
4/20/202621.74 USD
4/17/202621.56 USD
4/16/202621.11 USD
4/15/202621.41 USD
4/14/202620.70 USD
4/13/202621.20 USD
4/10/202620.22 USD
4/9/202621.34 USD
4/8/202623.11 USD
4/7/202624.42 USD
4/6/202624.54 USD
4/2/202624.47 USD
4/1/202624.05 USD
3/31/202624.11 USD
3/30/202623.82 USD
3/27/202623.18 USD
3/26/202624.00 USD
3/25/202623.94 USD
3/24/202624.33 USD
3/23/202625.98 USD
3/20/202625.32 USD
3/19/202625.87 USD
3/18/202625.20 USD
3/17/202625.48 USD
3/16/202625.65 USD
3/13/202625.59 USD
3/12/202625.15 USD
3/11/202625.53 USD
3/10/202625.74 USD
3/9/202626.57 USD
3/6/202626.62 USD
3/5/202626.99 USD
3/4/202626.82 USD
3/3/202626.90 USD
3/2/202626.40 USD
2/27/202626.67 USD
2/26/202627.34 USD
2/25/202626.33 USD
2/24/202624.94 USD
2/23/202624.25 USD
2/20/202625.14 USD
2/19/202624.54 USD
2/18/202624.06 USD
2/17/202623.04 USD
2/13/202622.87 USD
2/12/202622.38 USD
2/11/202623.41 USD
2/10/202626.28 USD
2/9/202625.43 USD
2/6/202625.21 USD
2/5/202624.89 USD
2/4/202626.07 USD
2/3/202625.85 USD
2/2/202626.82 USD
1/30/202627.90 USD
1/29/202628.86 USD
1/28/202630.21 USD
1/27/202629.89 USD
1/26/202630.06 USD
1/23/202629.71 USD
1/22/202629.33 USD
1/21/202628.41 USD
1/20/202628.33 USD
1/16/202628.62 USD
1/15/202629.66 USD
1/14/202630.45 USD
1/13/202631.56 USD
1/12/202633.05 USD
1/9/202633.80 USD
1/8/202634.67 USD
1/7/202635.46 USD
1/6/202633.24 USD
1/5/202633.76 USD
1/2/202634.06 USD
12/31/202535.42 USD
12/30/202535.82 USD
12/29/202535.66 USD
12/26/202535.79 USD
12/24/202536.52 USD
12/23/202536.54 USD
12/22/202537.40 USD
12/19/202536.84 USD
12/18/202536.89 USD
12/17/202536.40 USD
12/16/202536.43 USD
12/15/202536.90 USD
12/12/202537.83 USD
12/11/202538.07 USD
12/10/202540.95 USD
12/9/202543.05 USD
12/8/202543.04 USD
12/5/202540.96 USD
12/4/202539.39 USD
12/3/202539.40 USD
12/2/202540.93 USD
12/1/202540.02 USD
11/28/202540.40 USD
11/26/202541.08 USD
11/25/202542.18 USD
11/24/202541.30 USD
11/21/202541.34 USD
11/20/202540.08 USD
11/19/202541.18 USD
11/18/202542.22 USD
11/17/202541.54 USD
11/14/202543.27 USD
11/13/202543.05 USD
11/12/202545.64 USD
11/11/202544.22 USD
11/10/202542.31 USD
11/7/202540.29 USD
11/6/202538.36 USD
11/5/202529.33 USD
11/4/202528.90 USD
11/3/202530.30 USD
10/31/202529.93 USD
10/30/202529.81 USD
10/29/202529.84 USD
10/28/202530.67 USD
10/27/202531.08 USD
10/24/202531.62 USD
10/23/202531.05 USD
10/22/202530.55 USD
10/21/202529.78 USD
10/20/202529.21 USD
10/17/202528.15 USD
10/16/202527.79 USD
10/15/202527.69 USD
10/14/202528.13 USD
10/13/202528.52 USD
10/10/202528.51 USD
10/9/202529.84 USD
10/8/202529.55 USD
10/7/202529.51 USD
10/6/202530.10 USD
10/3/202530.02 USD
10/2/202530.66 USD
10/1/202530.63 USD
9/30/202530.57 USD
9/29/202530.53 USD
9/26/202530.98 USD
9/25/202531.47 USD
9/24/202532.46 USD
9/23/202533.35 USD
9/22/202533.69 USD
9/19/202532.67 USD
9/18/202533.16 USD
9/17/202531.49 USD
9/16/202530.97 USD
9/15/202530.80 USD
9/12/202530.78 USD
9/11/202531.50 USD
9/10/202531.03 USD
9/9/202532.72 USD
9/8/202532.05 USD
9/5/202530.57 USD
9/4/202529.92 USD
9/3/202530.77 USD
9/2/202530.68 USD
8/29/202530.78 USD
8/28/202530.71 USD
8/27/202529.50 USD
8/26/202528.62 USD
8/25/202529.11 USD
8/22/202529.81 USD
8/21/202529.01 USD
8/20/202528.99 USD
8/19/202529.73 USD
8/18/202529.93 USD
8/15/202529.63 USD
8/14/202529.73 USD
8/13/202529.71 USD
8/12/202528.20 USD
8/11/202527.80 USD
8/8/202529.09 USD
8/7/202529.18 USD
8/6/202526.95 USD
Access this data via the Eulerpool API

Appian Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
369.26 M USD
-87.49 M USD
-88.64 M USD
Jan 1, 2022
467.99 M USD
-148.56 M USD
-150.92 M USD
Jan 1, 2023
545.36 M USD
-90.37 M USD
-111.44 M USD
Jan 1, 2024
617.02 M USD
-67.63 M USD
-92.26 M USD
Jan 1, 2025
726.94 M USD
21.46 M USD
1.23 M USD
Jan 1, 2026 (e)
826.01 M USD
258.31 M USD
72.75 M USD
Jan 1, 2027 (e)
914.21 M USD
285.89 M USD
92.71 M USD
Jan 1, 2028 (e)
1.00 B USD
313.47 M USD
115.16 M USD

Appian Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 6:53 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e
0.090.110.130.180.230.260.300.370.470.550.620.730.830.911.00
26.1418.9233.3328.4115.0416.9221.3826.5616.7013.2117.6713.7710.659.63
59.0955.8662.1263.6462.3963.8570.7271.8271.5273.7675.5372.5972.5972.5972.59
52.0062.0082.00112.00141.00166.00215.00265.00334.00402.00466.00527.00599.59663.47727.35
-13.00-4.00-13.00-31.00-49.00-50.00-37.00-87.00-148.00-90.00-67.0021.00258.00285.00313.00
-14.77-3.60-9.85-17.61-21.68-19.23-12.17-23.58-31.69-16.51-10.862.8931.2331.1831.24
-17.00-6.00-12.00-31.00-49.00-50.00-33.00-88.00-150.00-111.00-92.001.0072.0092.00115.00
-64.71100.00158.3358.062.04-34.00166.6770.45-26.00-17.12-101.097,100.0027.7825.00
73.9034.0054.7260.4363.7967.3270.3671.3372.7073.3173.9573.9073.9073.9073.90
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Appian generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Appian retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Appian's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Appian has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Appian's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Appian stock margins

The Appian margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Appian. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Appian.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
71.81 %
-23.69 %
-24.01 %
Jan 1, 2022
71.52 %
-31.74 %
-32.25 %
Jan 1, 2023
73.72 %
-16.57 %
-20.43 %
Jan 1, 2024
75.66 %
-10.96 %
-14.95 %
Jan 1, 2025
72.54 %
2.95 %
0.17 %
Jan 1, 2026 (e)
72.54 %
31.27 %
8.81 %
Jan 1, 2027 (e)
72.54 %
31.27 %
10.14 %
Jan 1, 2028 (e)
72.54 %
31.27 %
11.49 %

Appian Stock Revenue, EBIT, Earnings per Share

The Appian earnings per share therefore indicates how much revenue Appian has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
5.18 USD
-1.23 USD
-1.24 USD
Jan 1, 2022
6.44 USD
-2.04 USD
-2.08 USD
Jan 1, 2023
7.44 USD
-1.23 USD
-1.52 USD
Jan 1, 2024
8.34 USD
-0.91 USD
-1.25 USD
Jan 1, 2025
9.84 USD
0.29 USD
0.02 USD
Jan 1, 2026 (e)
11.19 USD
3.50 USD
0.99 USD
Jan 1, 2027 (e)
12.38 USD
3.87 USD
1.26 USD
Jan 1, 2028 (e)
13.58 USD
4.24 USD
1.56 USD

Appian business model & stock analysis

Appian Corp is a software and services company that focuses on developing applications for businesses. The company was founded in 1999 in Virginia, USA and has since been based in McLean, Virginia. It went public in May 2017 and is listed on the NASDAQ under the ticker symbol APPN. Appian Corp was founded by Matt Calkins, Michael Beckley, and Marc Wilson, who identified a gap in the market for enterprise software. They saw a great potential for a platform that could streamline business processes and help customers adapt to changing conditions more quickly. Appian Corp developed an enterprise software application based on the low-code platform, which allows for easy application development. The business model of Appian Corp is to support companies in transforming their business processes. The platform enables customers to quickly develop, implement, and automate applications tailored to their specific needs. The company offers software solutions for various industries, including finance, healthcare, pharmaceuticals, energy, telecommunications, and government. Appian Corp focuses on providing its customers with low-code solutions for business process automation. The low-code platform allows customers to create applications without extensive programming knowledge. Customers can choose from a wide range of pre-built applications that they can customize to support their business processes. The platform combines workflow management and automation to help customers optimize and integrate their business processes more quickly. Appian Corp offers various solutions, including business process automation, case management, application integration, and business activity monitoring. The platform is scalable and can be customized to meet individual customer needs. The different product divisions of Appian Corp include the Appian low-code platform, Appian AI, Appian Robotic Process Automation, and Appian DevOps. Appian AI enables the integration of artificial intelligence into business processes. Appian Robotic Process Automation allows for the automatic execution of repetitive tasks. Appian Corp also specializes in business process analysis. The platform tracks application activity and allows customers to gain insights into the efficiency of their business processes. Business process analysis is a crucial foundation for optimizing processes, reducing costs, minimizing delays, and increasing efficiency. Seamless application integration is a key feature of Appian Corp's platform. The platform enables the seamless integration of applications and optimizes communication between different applications, thus minimizing redundant processes, data inconsistencies, and errors. Overall, Appian Corp aims to help companies automate and optimize their business processes. The features offered by the platform help save costs, increase efficiency, and speed up business processes. The company has established itself as a provider of enterprise software applications and is steadily expanding into new markets.

Appian SWOT Analysis

Strengths

Appian Corp has several strengths that contribute to its success in the market. Firstly, the company offers a comprehensive suite of low-code development tools, making app development faster and more efficient. This gives them a competitive edge over traditional software development methods. Additionally, Appian Corp has a strong focus on user experience, ensuring its software is user-friendly and intuitive.

Another strength is Appian Corp's strategic partnerships with major technology providers. These partnerships allow them to integrate their products seamlessly with existing IT infrastructure, providing valuable solutions to clients. Furthermore, the company has a well-established reputation and a strong customer base, which adds to its credibility and market presence.

Weaknesses

Despite its strengths, Appian Corp also faces certain weaknesses that need to be addressed. One of these weaknesses is its relatively small market share compared to larger competitors. This limits their reach and potential customer base. Additionally, the company heavily relies on third-party providers for certain components of its software, which may lead to delays or dependency issues.

Appian Corp also lacks a diverse product portfolio, primarily focusing on low-code app development. This narrow focus may limit their growth opportunities in other segments of the market.

Opportunities

Appian Corp has several opportunities to capitalize on in the market. The growing demand for digital transformation and automation presents a significant opportunity for the company. They can leverage their low-code development tools to help businesses modernize their operations and improve efficiency.

Furthermore, the increasing adoption of cloud computing provides an opportunity for Appian Corp to expand their customer base by offering cloud-based solutions. They can also explore partnerships with emerging technology companies to enhance their capabilities and stay ahead of the competition.

Threats

Like any other business, Appian Corp faces certain threats that may impact its growth and profitability. A major threat is the intense competition in the low-code development market. Larger competitors with more resources and established market presence may pose a challenge to Appian Corp's market share.

Moreover, rapid technological advancements and changing customer preferences can also be a threat to the company. They must adapt promptly to new technologies and stay innovative to retain their competitive position.

Appian Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Appian Employees
Details
Date
Appian Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Appian Segments

Appian Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • Max

Subscriptions
Professional services
SaaS subscriptions
Subscriptions, software and support
Term license subscriptions
Maintenance and support
Details
Date
Subscriptions
Professional services
SaaS subscriptions
Subscriptions, software and support
Term license subscriptions
Maintenance and support
Jan 1, 2018
0.00 USD
100.73 M USD
0.00 USD
126.01 M USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
95.03 M USD
0.00 USD
40.43 M USD
15.84 M USD
Jan 1, 2020
0.00 USD
0.00 USD
129.22 M USD
0.00 USD
51.42 M USD
18.08 M USD
Jan 1, 2021
263.74 M USD
105.52 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
340.15 M USD
127.84 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
412.34 M USD
133.03 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
490.57 M USD
126.45 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
576.46 M USD
150.48 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Appian Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • Max

Subscriptions
Professional services
Details
Date
Subscriptions
Professional services
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
-8.80 M USD
2.80 M USD
Jan 1, 2020
198.71 M USD
105.86 M USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Appian Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
Domestic
International
Details
Date
United States
Domestic
International
Jan 1, 2017
0.00 USD
129.00 M USD
47.74 M USD
Jan 1, 2019
0.00 USD
176.19 M USD
84.17 M USD
Jan 1, 2020
0.00 USD
201.48 M USD
103.09 M USD
Jan 1, 2021
0.00 USD
243.56 M USD
125.70 M USD
Jan 1, 2022
0.00 USD
311.08 M USD
156.92 M USD
Jan 1, 2023
0.00 USD
350.21 M USD
195.15 M USD
Jan 1, 2024
391.00 M USD
0.00 USD
226.02 M USD
Jan 1, 2025
453.72 M USD
0.00 USD
273.21 M USD

Appian Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Appian historical P/E ratio, EBIT multiple, and P/S ratio

Appian annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Appian shares outstanding

The number of shares of Appian was 73.9 M in 2025. This indicates how many shares Appian is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
71.33 M Stocks
Jan 1, 2022
72.70 M Stocks
Jan 1, 2023
73.31 M Stocks
Jan 1, 2024
73.95 M Stocks
Jan 1, 2025
73.90 M Stocks
Jan 1, 2026 (e)
73.90 M Stocks
Jan 1, 2027 (e)
73.90 M Stocks
Jan 1, 2028 (e)
73.90 M Stocks

Current Appian forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
50.00 % (7)
Hold
42.86 % (6)
Sell
7.14 % (1)
12M Price Target
40.80
Last Price
29.91
Currency
USD
12M Return Potential
36.43 %
LTM Return
0 %

Appian Analyst Rating Actions

DateFirmActionRatingReliability
5/15/2026
TD Cowen
TD Cowen
MaintainedHold60
5/15/2026
DA Davidson
DA Davidson
MaintainedNeutral
5/8/2026
Citigroup
Citigroup
MaintainedBuy48
5/8/2026
Barclays
Barclays
MaintainedUnderweight33
4/30/2026
Morgan Stanley
Morgan Stanley
DowngradeOverweightEqual Weight60
2/20/2026
TD Cowen
TD Cowen
MaintainedHold60
2/20/2026
Citigroup
Citigroup
MaintainedBuy48
2/20/2026
Barclays
Barclays
MaintainedUnderweight33
1/12/2026
Morgan Stanley
Morgan Stanley
UpgradeEqual WeightOverweight60
1/12/2026
Barclays
Barclays
MaintainedUnderweight33

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Appian Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/6/20260.00USD-197.13 MUSD-2026 Q2
5/7/20260.19USD-195.28 MUSD-2026 Q1
2/19/20260.09USD-192.78 MUSD-2025 Q4
8/7/2025-0.13USD-163.26 MUSD-2025 Q2
5/7/2024-0.17USD-153.08 MUSD-2024 Q1
2/14/2024-0.25USD-143.85 MUSD-2023 Q4
8/2/2023-0.42USD-127.61 MUSD-2023 Q2
5/3/2023-0.30USD-134.22 MUSD-2023 Q1
2/15/2023-0.42USD-124.27 MUSD-2022 Q4
11/3/2022-0.23USD-117.85 MUSD-2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Appian stock

43/100
34
Environment
48
Social
48
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Appian shareholder structure

% Name
5.63744%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.30934%
RPD FUND MANAGEMENT LLC
RPD FUND MANAGEMENT LLC
4.75604%
Fivespan Partners, LP
Fivespan Partners, LP
4.37021%
BLACKROCK, INC.
BLACKROCK, INC.
2.58146%
LEAD EDGE CAPITAL MANAGEMENT, LLC
LEAD EDGE CAPITAL MANAGEMENT, LLC
2.27348%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
...

Appian Beneficial Ownership Filings (SEC 13D/G)

Free Float
90.1%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
39.20%
Matthew W. Calkins
Matthew W. Calkins
SEC ↗
22.50%
Colin T. Moran
Colin T. Moran
SEC ↗
19.80%
Scott D. Sandell
Scott D. Sandell
SEC ↗
19.80%
Ravi Viswanathan
Ravi Viswanathan
SEC ↗
19.80%
Peter W. Sonsini
Peter W. Sonsini
SEC ↗
19.80%
Peter J. Barris
Peter J. Barris
SEC ↗
19.80%
Patrick J. Kerins
Patrick J. Kerins
SEC ↗
19.80%
New Enterprise Associates 14, L.P.
New Enterprise Associates 14, L.P.
SEC ↗
19.80%
NEA Partners 14, L.P.
NEA Partners 14, L.P.
SEC ↗
19.80%
NEA 14 GP, LTD
NEA 14 GP, LTD
SEC ↗

Appian Executives and Management Board

15 members · avg. age 57 · 13 % women

PZ

Mr. Pavel Zamudio-Ramirez (58)

Chief Customer Officer

1.17 M USD

Management

MC

Mr. Matthew Calkins (52)

Chairman of the Board, President, Chief Executive Officer, Founder · since 1999

1.15 M USD
CW

Mr. Christopher Winters (52)

General Counsel, Corporate Secretary

1.08 M USD
MB

Mr. Michael Beckley (51)

Founder, Chief Technology Officer, Director · since 2007

ST

Mr. Srdjan Tanjga (46)

Chief Financial Officer

SV

Mr. Scott Valkenburgh

Senior Vice President, Global Partnerships & Alliances

DC

Mr. David Crozier

Chief Marketing Officer

Board of Directors

RK

Mr. Robert Kramer (50)

Founder, General Manager, Director · since 2008

900,265.00 USD
ML

Mr. Mark Lynch (61)

Director · since 2008

837,811.00 USD
WM

Mr. William McCarthy (59)

Director · since 2022

250,000.00 USD
AB

Mr. A.G.W. Biddle (64)

Independent Director

250,000.00 USD
SE

Ms. Shirley Edwards (64)

Independent Director

250,000.00 USD
BK

Ms. Barbara Kilberg (80)

Independent Director

250,000.00 USD

Frequently asked questions about Appian

The business model of Appian Corp focuses on offering low-code software solutions that enable organizations to build, improve, and manage enterprise applications quickly and efficiently. Appian provides a platform that combines business process management (BPM) and case management capabilities, enabling users to automate processes, manage data, and gain real-time insights to drive digital transformation. By leveraging Appian's platform, businesses can streamline their operations, enhance customer experiences, and accelerate decision-making processes. With its user-friendly interface and extensive integration capabilities, Appian empowers organizations to innovate and adapt to changing market dynamics effectively.

Appian Corp is primarily active in the software industry.

The main competitors of Appian Corp in the market include industry giants such as IBM, PegaSystems, and Salesforce. These companies also provide enterprise software solutions and services, catering to similar markets and customers. Appian Corp differentiates itself through its low-code automation platform, enabling organizations to rapidly develop and deploy powerful business applications. Despite facing competition from well-established players, Appian Corp has managed to carve a niche for itself, thanks to its focus on delivering innovative and customizable solutions to meet evolving business needs.

Appian Corp, founded in 1999, is a leading low-code automation platform provider. With headquarters in Virginia, USA, the company enables organizations to build software applications quickly and efficiently. Appian's platform combines process management, data integration, mobility, and artificial intelligence capabilities. The company serves various industries, including financial services, healthcare, government, and manufacturing. Appian Corp has received numerous industry recognitions for its innovative solutions and customer success. With a strong focus on empowering businesses to accelerate digital transformation, Appian continues to grow its global customer base and expand its product offerings.

Appian Corp has achieved several significant milestones since its inception. The company successfully went public in 2017, listing on the NASDAQ under the ticker symbol APPN. In the same year, Appian received recognition as a leader in the Low-Code Development Platforms by Forrester Wave. The company's cloud-based platform has gained popularity among businesses, enabling them to rapidly develop and deploy robust applications. Appian has also been recognized for its exceptional customer service and user satisfaction. With a strong focus on innovation and a growing customer base, Appian Corp continues to make strides in the tech industry.

Appian Corp is primarily present in various countries and regions across the globe. The company has a strong global presence with its operations spanning across North America, Europe, Asia-Pacific, and Latin America. It caters to a diverse range of industries and helps organizations streamline their business processes with its innovative software solutions. Appian Corp's comprehensive offerings and expertise in digital transformation allow it to serve clients effectively in major markets such as the United States, United Kingdom, Germany, Australia, Brazil, and many more. With its expansive reach, Appian Corp continues to play a crucial role in transforming businesses worldwide.

Appian Corp is a leading provider of low-code automation software solutions. With a strong commitment to innovation and customer success, Appian Corp represents values of agility, collaboration, and continuous improvement. The company's corporate philosophy revolves around enabling organizations to accelerate digital transformation and streamline business processes. Through its industry-leading platform, Appian empowers businesses to build, deploy, and optimize enterprise applications quickly and efficiently. With a focus on enhancing productivity, reducing costs, and driving operational excellence, Appian Corp aims to revolutionize how companies automate their operations and deliver exceptional customer experiences.

Analysts currently set an average price target of 41.82 USD for the Appian stock (median: 40.80 USD), implying +39.8 % versus the latest price. The consensus is based on 14 analyst ratings.

14 analysts currently rate the Appian stock: 7 recommend buying, 6 holding and 1 selling. For 2026, analysts expect Appian to generate revenue of 826.01 M USD and earnings per share of 0.98 USD.

Converted at the current exchange rate, the Appian share trades at 25.89 EUR (29.91 USD).

The Appian share (APPN) is listed on 7 stock exchanges, including: NASDAQ (APPN), XETRA (910.DE), Frankfurt (910.FRA), München (910.MU), Düsseldorf (910.DU), London (0HGM.L), SIX (Zürich) (910.SW).

Appian Corp is an American software company based in Virginia that specializes in providing low-code platforms for businesses. The company was founded in 1999 and has been listed on the stock exchange since 2017. It has over 1,500 customers worldwide and operates in various industries such as banking, insurance, healthcare, manufacturing, public sector, and services. Appian Corp's business model is based on the development of low-code platforms that enable businesses to quickly create and implement applications. With Appian's platform, users can create a variety of applications, from mobile apps to complex business applications. Appian's low-code platform consists of various modules that allow users to easily automate business processes, integrate data, make decisions, and conduct analysis. The platform also enables users to quickly respond to changes by updating and deploying applications rapidly. Appian offers products such as Appian AI, Appian Robotic Process Automation (RPA), Appian Records, Appian Decision Engines, and Appian Integrations. With these products, users can easily integrate artificial intelligence and machine learning capabilities into their applications, create automated processes, and integrate data from different sources into their applications. Appian also has a strong partner base and offers a variety of third-party integrations to extend the platform's capabilities and facilitate integration with other applications. Appian's partners include companies such as Automation Anywhere, Blue Prism, Google, Microsoft, and Salesforce. Another important business area for Appian is its professional services. The company offers consulting services to assist customers in implementing the platform and application development. The company also provides training and educational materials to users to ensure they can optimize the platform's use. Appian Corp has a broad customer portfolio, including Oracle, Pfizer, Sanofi, Sprint, and the City of New York. The company also has a strong presence in various industries, including insurance, banking, and healthcare. Overall, Appian's business model is based on helping businesses quickly and cost-effectively create applications using a low-code platform. Appian's platform offers users a variety of features and third-party integrations to ensure they have the flexibility to create the applications they need. With a broad customer portfolio and strong professional services, Appian Corp has a positive future outlook.

The expected revenue of Appian is 826.01 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Appian is 72.75 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Appian is currently 30.38. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Appian stock.

The price-to-sales ratio (P/S) of Appian is currently 2.68. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Appian stock.

The Eulerpool Quality Score for Appian is 7/10.

The ISIN of Appian is US03782L1017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Appian is A2DR9Y. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Appian is APPN. The ticker symbol is used to trade Appian shares on the stock exchange.

Appian paid dividends every year for the past 0 years.

Appian is assigned to the 'Information technology' sector.

The dividends of Appian are distributed in USD.

All fundamentals and in-depth analysis of Appian

Our stock analysis for Appian stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Appian. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.