APPN Stock Recent News

Appian (APPN) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.27 per share a year ago.

As an investor, I am as confused as the market right now. Inflation data is coming in hot and the rate cuts have been pushed.

With the equities market continuing to march higher, now may be an ideal time to consider sleeper stocks. Essentially, these are companies that attract little interest among investors.

Appian (APPN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Appian (APPN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences.

Appian beat estimates in its fourth-quarter earnings report. Growth is being led by its AI and "data fabric" products.

Appian, a BPM software company, is a top choice for growth at a reasonable price stocks with a downside cushion. Despite a 20% decrease in shares, Appian has seen recent accelerating trends and strong Q4 results. Reasons to be bullish on Appian include strong net retention rates, AI tailwinds, public sector deals under its belt, and scaling gross margins.

While the top- and bottom-line numbers for Appian (APPN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Appian Corporation (APPN) Q4 2023 Earnings Call Transcript