Appian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. Its customers financial services, government, life sciences, education, technology, media and telecommunications, consumer, and industrials. The company was incorporated in 1999 and is headquartered in McLean, Virginia.
IPO Year: 2017
Exchange: NASDAQ
Website: appian.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | Sector Weight | KeyBanc Capital Markets | |
| 1/6/2025 | $37.00 | Sector Perform | Scotiabank |
| 8/2/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/1/2024 | Outperform → Mkt Perform | William Blair | |
| 7/31/2024 | $37.00 → $33.00 | Buy → Neutral | DA Davidson |
| 1/11/2024 | $47.00 → $45.00 | Neutral → Buy | Citigroup |
| 11/7/2023 | $50.00 → $55.00 | Neutral → Buy | DA Davidson |
| 6/6/2023 | $40.00 | Neutral | DA Davidson |
| 1/9/2023 | $37.00 → $23.00 | Neutral → Underperform | SMBC Nikko |
| 12/21/2022 | $37.00 | Neutral | SMBC Nikko |
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KeyBanc Capital Markets resumed coverage of Appian with a rating of Sector Weight
Scotiabank initiated coverage of Appian with a rating of Sector Perform and set a new price target of $37.00
KeyBanc Capital Markets downgraded Appian from Overweight to Sector Weight
William Blair downgraded Appian from Outperform to Mkt Perform
DA Davidson downgraded Appian from Buy to Neutral and set a new price target of $33.00 from $37.00 previously
Citigroup upgraded Appian from Neutral to Buy and set a new price target of $45.00 from $47.00 previously
DA Davidson upgraded Appian from Neutral to Buy and set a new price target of $55.00 from $50.00 previously
DA Davidson initiated coverage of Appian with a rating of Neutral and set a new price target of $40.00
SMBC Nikko downgraded Appian from Neutral to Underperform and set a new price target of $23.00 from $37.00 previously
SMBC Nikko initiated coverage of Appian with a rating of Neutral and set a new price target of $37.00
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MCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the first quarter ended March 31, 2025. "In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow," said Matt Calkins, CEO & Founder. First Quarter 2025 Financial Highlights: Revenue: Cloud subscriptions revenue was $99.8 million, up 15% compared to the first quarter of 2024. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 14% year-over-year to $134.4
DENVER, April 30, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the Partner Award winners at its annual Appian World global conference. This year's winners have created innovative solutions on the Appian Platform to deliver significant client impact and value. Appian announces the 2025 Partner Award winners at its annual Appian World global conference."Our 2025 Partner Award winners exemplify the transformative power of the Appian Platform," said Christopher O'Connell, Global Leader of Partners & Alliances at Appian. "These organizations are not just implementing
Customers Delivered Value with Process Orchestration and AI Capabilities on the Appian Platform DENVER, April 29, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the 2025 Appian Innovation Awards winners at Appian World, its annual global conference. The Innovation Awards celebrate customers for creating transformative applications that drive impact and value on the Appian Platform. By embedding AI agents and generative AI in process orchestration, these winners have demonstrated that process, combined with AI, drives powerful digital transformation. Appian announce
Introducing new AI features and Data Fabric enhancements to deliver real-time insights and measurable impact. DENVER, April 29, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced agentic AI platform enhancements to help organizations build, deploy, and scale intelligent process applications. As the Process Company, the Appian Platform provides AI-powered solutions to orchestrate and transform critical business processes. This release introduces the beta launch of Agent Studio and the general availability of AI Document Center. Additional enhancements include expanded data fabric support for document management and semantic search across data and documents.
DENVER, April 29, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) is giving customers the power to have AI work directly in their business processes. As the Process Company, Appian believes better processes are the key to better business outcomes. AI makes the most impact when it operates within business processes, gaining purpose, governance, and accountability. As the Process Company, Appian believes better processes are the key to better business outcomes.Appian's customer AI adoption has increased 7.9x year-over-year to process more items through AI-powered document extraction.
MCLEAN, Va., April 21, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Serge Tanjga to the position of Chief Financial Officer, effective as of May 27, 2025. He will report directly to Matt Calkins, CEO of Appian. Serge Tanjga is announced as Chief Financial Officer, and brings more than 20 years of financial experience to Appian.Tanjga brings more than 20 years of financial experience to Appian. He was the Senior Vice President of Finance at MongoDB where he led financial planning, strategic finance, business operations, and analytics; and most re
MCLEAN, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the first quarter ended March 31, 2025 before the U.S. financial markets open on Thursday, May 8, 2025. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN. The conference call will also be available live via webcast on the Investor Relations page of the Company's website at http:/
Receives Full Three-year Impact Level 5 PA and Celebrates 10 Years of FedRAMP Authorization for Appian Cloud MCLEAN, Va., April 10, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced that Appian Government Cloud (AGC) has obtained Federal Risk and Authorization Management Program (FedRAMP®) High authorization, which will enable it to host highly sensitive government civilian data for Appian's federal civilian customers where a security breach could result in loss of life or financial ruin. Appian has also renewed its Impact Level 5 (IL5) Provisional Authority to Operate (PA) from the Defense Information Systems Agency (DISA) for AGC for a three-year period. With IL5 compliance, AGC i
MCLEAN, Va., March 7, 2025 /PRNewswire/ -- Appian announced today that the Supreme Court of Virginia agreed to hear its petition seeking to reinstate the $2.036 billion judgment against Pegasystems, Inc. ("Pega"). The petition, which raised four different errors made by the Court of Appeals, seeks to restore the jury's verdict of willful and malicious trade secret misappropriation. The petition was granted on each of the four issues. Appian originally brought the case to trial to ensure the protection of its intellectual property, including its trade secrets. The unanimous ve
MCLEAN, Va., March 6, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the latest version of the Appian Platform, which delivers improved scalability, speed, and performance for enterprise applications. Appian 25.1 introduces more document processing capacity with AI skills, centralized dashboards for monitoring process KPIs, and the ability to sync 10 million rows per record type in your data fabric. Appian 25.1 allows you to process 75x more documents per hour. Extract and classify more data, faster, with AI skills.With the platform's improved AI architecture, organ
MCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the first quarter ended March 31, 2025. "In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow," said Matt Calkins, CEO & Founder. First Quarter 2025 Financial Highlights: Revenue: Cloud subscriptions revenue was $99.8 million, up 15% compared to the first quarter of 2024. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 14% year-over-year to $134.4
MCLEAN, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the first quarter ended March 31, 2025 before the U.S. financial markets open on Thursday, May 8, 2025. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN. The conference call will also be available live via webcast on the Investor Relations page of the Company's website at http:/
Fourth quarter cloud subscription revenue increased 19% year-over-year to $98.9 millionFull year cloud subscription revenue increased 21% year-over year to $368.0 million MCLEAN, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the fourth quarter and full year ended December 31, 2024. "In 2024, Appian demonstrated its ability to grow with increasing efficiency. We specialize in creating value with AI, by deploying it in a process. While others bring work to AI, we bring AI to work," said Matt Calkins, CEO & Founder. Fourth Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $98.9 million, up 19% com
MCLEAN, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024, before the U.S. financial markets open on Wednesday, February 19, 2025. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial-in and PIN, or they can choose the Call Me option for an instant dial to their phone. The conference call will a
MCLEAN, Va., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the third quarter ended September 30, 2024. "Appian continues to grow even as we become more efficient. Growth remains our top priority. We now project positive adjusted EBITDA for the full year 2024," said Matt Calkins, CEO & Founder. Third Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $94.1 million, up 22% compared to the third quarter of 2023. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 19% year-over-year to $123.1 million. Professional ser
Proven executive brings over 25 years of strategic sales leadership experience to process automation industry leader MCLEAN, Va., Oct. 11, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Mark Dorsey as Chief Revenue Officer. Dorsey will lead the company's global sales operation to accelerate growth, including through direct sales and partnerships. He will report to Appian's CEO, Matt Calkins. "I'm thrilled to join Appian and collaborate with the entire team to accelerate growth," said Mark Dorsey, Chief Revenue Officer, Appian. "I look forward to p
MCLEAN, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the third quarter ended September 30, 2024, before the U.S. financial markets open on Thursday, November 7, 2024. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. The conference call will also be available li
MCLEAN, Va., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the second quarter ended June 30, 2024. "Due to enhanced functionality launched this quarter, Appian AI usage nearly doubled," said Matt Calkins, CEO & Founder. "Looking ahead, we are accelerating our path to profitability. We now expect to achieve adjusted EBITDA breakeven for the full year 2024." Second Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $88.4 million, up 19% compared to the second quarter of 2023. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance
MCLEAN, Va., July 17, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the second quarter ended June 30, 2024, before the U.S. financial markets open on Thursday, August 1, 2024. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. The conference call will also be available live via
MCLEAN, Va., May 02, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the first quarter ended March 31, 2024. "Appian continues to push technological boundaries in our industry, from AI-backed services to process mining. Organizations globally are recognizing the power and simplicity of the Appian Platform," said Matt Calkins, CEO & Founder. First Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $86.6 million, up 24% compared to the first quarter of 2023. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 19% year-over-yea
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MCLEAN, Va., April 21, 2025 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Serge Tanjga to the position of Chief Financial Officer, effective as of May 27, 2025. He will report directly to Matt Calkins, CEO of Appian. Serge Tanjga is announced as Chief Financial Officer, and brings more than 20 years of financial experience to Appian.Tanjga brings more than 20 years of financial experience to Appian. He was the Senior Vice President of Finance at MongoDB where he led financial planning, strategic finance, business operations, and analytics; and most re
Former SAS CMO joins AI process automation leader's executive team MCLEAN, Va., Oct. 3, 2023 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Randy Guard to the position of Chief Marketing Officer (CMO). Guard brings more than 35 years of experience in marketing, product strategy, and technology leadership to Appian's executive team. He will oversee the company's global marketing efforts, focusing on delivering Appian's end-to-end process automation vision and the power of the Appian Platform to organizations worldwide. Appian names Randy Guard as CMO to
Industry veteran aims to unlock productivity gains for French organizations through expanded adoption of the Appian AI Process Platform. PARIS, Sept. 19, 2023 /PRNewswire/ -- Appian (NASDAQ:APPN) announces the appointment of Frédéric Godde as Regional Vice President of Sales for Appian France. With 20 years of B2B technology experience, Godde has in-depth knowledge of key industries, including banking, insurance, energy, telecoms, life sciences, and the public sector. These industries are under tremendous pressure to increase agility and competitiveness through digital transformation, but their innovation projects are hampered by increasing regulatory scrutiny and the need to prove complian
MEXICO CITY, March 16, 2023 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the opening of its first Latin America (LATAM) office in Mexico and the expansion of its Iberia operations to Portugal. Situated in Mexico City, the new office will provide a base for Appian to collaborate more closely with partners and deliver end-to-end process automation for its regional customers. In addition, Appian continues its local recruitment to serve its growing list of LATAM customers and partners. Appian today announced the opening of its first LATAM office in Mexico and expanding its
Industry veteran to drive ecosystem growth MCLEAN, Va., Feb. 27, 2023 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Mark Dillon to the position of Senior Vice President, Global Partners Organization. Mark is responsible for the continued growth and development of Appian's world-class partner program and ecosystem. His focus includes both global and regional partnerships to help support Appian's growth objectives and meet global demand for the Appian Platform. Appian announces the appointment of Mark Dillon to the position of Senior Vice President, Gl
Proven executive brings 30 years of technology sales expertise to low-code industry leader McLEAN, Va., Aug. 25, 2022 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Christopher Jones to the position of Chief Revenue Officer. Jones will lead the company's global sales operation, including direct sales, partnership, business development, and renewals teams. Jones will report to Appian CEO Matt Calkins. Jones has 30 years of experience in sales, with a focus on the technology industry. "I am extremely excited to join this world class team," said Jones. "A
McLEAN, Va., June 29, 2022 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of two new executives to Appian's leadership team. Susan Charnaux has been named Chief People Officer. Sanat Joshi joined as Senior Vice President of Industry Products and Solutions. Both will report to Matt Calkins, CEO of Appian. Appian names new CPO, Susan Charnaux, and new SVP of Industry Products and Solutions, Sanat Joshi.Charnaux has more than 20 years of experience in professional services and human capital, including senior roles at Accenture and McKinsey & Company. As Chie
MCLEAN, Va., April 4, 2022 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the appointment of Mark Matheos to the position of Appian Chief Financial Officer, effective as of April 1, 2022. He reports directly to Matt Calkins, CEO of Appian. Mark Lynch retired as CFO, but is staying on as an Appian advisor through Q2 to ensure a smooth transition.Matheos has more than 20 years of proven financial operations expertise, including over 5 years with Appian, serving most recently as Appian's Chief Accounting Officer. Prior to joining Appian, Matheos worked at several public
MCLEAN, Va., Feb. 2, 2021 /PRNewswire/ -- Appian (NASDAQ: APPN) announced today the appointment of Denise Vu Broady as Appian's new Chief Marketing Officer. Broady will lead Appian's global marketing and communications efforts and shape the marketing strategy to drive the next phase of growth.With more than 24 years of enterprise technology experience, Broady has helped to grow businesses from start-ups and led a complex $10 billion software business unit with over 3,000 products at SAP. She is an exceptional leader and an expert at creating brand loyalty and value for companies. Appian announces Denise Vu Broady as new Chief Marketing Officer. "Denise Broady bring