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 |
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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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
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
MCLEAN, Va., April 24, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the first quarter ended March 31, 2024, before the U.S. financial markets open on Thursday, May 2, 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 dial in the same way they always have, 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
Fourth quarter cloud subscription revenue increased 26% year-over-year to $83.1 millionFull year cloud subscription revenue increased 29% year-over year to $304.5 million MCLEAN, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the fourth quarter and full year ended December 31, 2023. "Appian delivered our plan in 2023 and reached two milestones. Full year revenue exceeded half a billion dollars, and we achieved the highest quarterly gross margin in our public history," said Matt Calkins, CEO & Founder. Fourth Quarter 2023 Financial Highlights: Revenue: Cloud subscription revenue was $83.1 million, up 26% compared to the
MCLEAN, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023, before the U.S. financial markets open on Thursday, February 15, 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 dial in the same way they always have, using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. Th
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., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences. Scotiabank Annual Global Technology Conference in San Francisco. The fireside chat is scheduled for Tuesday, December 10th at 2:35pm Pacific Time.Barclays Annual Global Technology Conference in San Francisco. The fireside chat is scheduled for Wednesday, December 11th at 8:05am Pacific Time. It will be webcast live at the following link: https://cc.webcasts.com/barc002/121124a_js/?entity=64_2J0GXVM Replays of the fireside chat will be available for a limited time under the "News and
MCLEAN, Va., Dec. 3, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) announced today that it ranks #1 in the new report, Process Orchestration Products PEAK Matrix® Assessment 2024. According to the report, process orchestration helps business users design, manage, and monitor end-to-end business processes. The report analyzes 24 technology providers across several key capabilities, including: Appian announced today that it ranks #1 in the new report, Process Orchestration Products PEAK Matrix® Assessment 2024.Process design and executionBusiness rules and decision managementLow-cod
New enhancements scale high-volume workflows and increase efficiency and analysis with AI MCLEAN, Va., Dec. 3, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced its latest platform release, which delivers process automation powered by enterprise AI. Appian helps organizations design, automate, and optimize business processes and this release introduces new features across the platform, making it faster and easier to understand, interact with, and explore data within applications. This release introduces Appian Autoscale and enhanced AI insights, giving organizations better operational efficiency, scalability, and process performance. Appian was already the scalability leader. Now, w
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
A leader in enterprise low-code application platforms drives transformation and innovation for insurers MCLEAN, Va., Oct. 31, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN), a leading enterprise platform for process orchestration and automation, is proud to announce its inclusion in the InsurTech100 list by Fintech Global for the second consecutive year. Selected by a panel of industry experts and analysts, the InsurTech100 honors the world's most innovative companies transforming the insurance industry through technology. Appian is proud to announce its inclusion in the InsurTech1
MCLEAN, Va., Oct. 30, 2024 /PRNewswire/ -- At this year's Appian Government conference, Appian (NASDAQ:APPN) announced the winners of its 2024 Public Sector Partner Impact and Excellence Awards. These annual awards celebrate Appian partners for delivering innovation, transformation, and value to public sector organizations using the Appian Platform for end-to-end process automation. At this year's Appian Government conference, Appian announced the winners of its 2024 Public Sector Partner Awards.Here are this year's winners: Transformation Award - Accenture Federal ServicesAcc
Latest integration incorporates award, solicitation, protest and vendor data to enable faster, more accurate requirements building with generative AI for acquisition professionals MCLEAN, Va., Oct. 30, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced the integration of ProcureSight with Appian Requirements Management, a solution for building requirements packages in the Appian Government Acquisition suite. The Requirements Management-ProcureSight integration allows government procurement professionals to build requirements faster and more accurately using semantic search and generative AI.
MCLEAN, Va., Oct. 30, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) is proud to announce an expansion of its ongoing partnership with the US Army as part of the Foreign Military Sales (FMS) Army Case Execution System (ACES) production delivery contract. The FMS-ACES contract has been awarded to Forge Group, LLC (Forge) with Appian as the platform provider. The solution combines the Appian Platform with AWS services available on cArmy. Horizon Industries, Limited and 540.co join the implementation team. Appian announces an expansion of its ongoing partnership with the US Army as pa
Appian expands its reach in the global public sector to digitally transform processes and operations MCLEAN, Va., Oct. 30, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) today announced it has welcomed the US Department of the Interior (DoI) to its customer portfolio of US federal clients. With this milestone, Appian is now working with all 15 cabinet-level agencies within the US federal government, as the DoI collaborates with Appian to advance its acquisition modernization initiatives. Appian is now working with all 15 cabinet-level agencies within the US federal government. Appi
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