Previous close | 44.45 |
Open | 45.00 |
Bid | 42.48 x 800 |
Ask | 45.86 x 800 |
Day's range | 44.66 - 46.30 |
52-week range | 29.80 - 57.47 |
Volume | |
Avg. volume | 312,117 |
Market cap | 3.419B |
Beta (5Y monthly) | 1.62 |
PE ratio (TTM) | N/A |
EPS (TTM) | -2.42 |
Earnings date | 02 Aug 2023 - 07 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 44.92 |
The implications of the new generative AI tech are vast, but there's also a lot of hype in the market -- some AI stocks have jumped by more than 100% this year. The cloud software company is best known as a provider of low-code technology. It offers an integrated product suite that allows enterprises to improve and automate their digital workflows.
These growth stocks are down 85% from their respective highs, and each one could deliver huge returns for patient investors.
Good afternoon and thank you for joining us to review Appian's first quarter 2023 financial results. With me today are Matt Calkins, chairman and chief executive officer; and Mark Matheos, chief financial officer.
Appian (APPN) delivered earnings and revenue surprises of 10% and 3.12%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Appian Corporation's ( NASDAQ:APPN ) price-to-sales (or "P/S") ratio of 6.3x might make it look like a sell right now...
Appian (APPN) partners with Guidewire to provide Australian insurers with cloud-based digital experiences and automation services, suggesting a strong partner base and product portfolio.
Shares of cloud software companies, including Appian (NASDAQ: APPN), Snowflake (NYSE: SNOW), and Shopify (NYSE: SHOP), were all moving lower today as downbeat economic data raised fears of a recession and sparked a sell-off in high-growth, tech stocks like these three. This seems to reflect the banking crisis, planned layoffs, and a decline in business activity that's consistent with the arrival of a recession.
Shares of Appian (NASDAQ: APPN) were trading higher on Tuesday, jumping as much as 4.9% in early trading. While the broader market move provided some fuel for its move higher, the low-code software provider was selected as a leading solutions provider to the insurance industry. Everest Group, a leading global research firm, selected Appian as a Leader in its inaugural insurance technology report.
Key Insights Significant insider control over Appian implies vested interests in company growth A total of 2 investors...
Down from 54% to 88% from their respective highs, these stocks have the potential for big comebacks.
Revenue at the low-code software company rose 20% to $125.8 million, which beat estimates of $123 million. Cloud subscription revenue, the company's primary focus, rose 29% to $65.8 million. On the bottom line, Appian reported an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of $24.8 million compared to $10 million in the quarter a year ago, a reflection of its having reached its hiring goals earlier than expected.
After strong year-to-date gains, these AI and big data stocks saw a vicious round of profit-taking as long-term interest rates shot up.
Shares of Appian (NASDAQ: APPN) were climbing on Friday morning after the software company reported a solid fourth-quarter earnings report last night and reassured investors that it was on a path to profitability. Appian, which provides a low-code software platform to help automate workflows, reported revenue growth of 20% to $125.8 million, ahead of analyst estimates at $123 million. Cloud subscription revenue, the company's primary focus, rose 29% to $65.8 million, ahead of the company's guidance at 24% to 26% growth.
Good day, and thank you for standing by, and welcome to Appian fourth quarter 2022 earnings conference call. Good afternoon, and thank you for joining us to review Appian's fourth quarter and full year 2022 financial results. With me today are Matt Calkins, chairman and chief executive officer; and Mark Matheos, chief financial officer.
Appian (APPN) delivered earnings and revenue surprises of 30% and 2.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
MCLEAN, Va., February 09, 2023--DISYS partners with Appian to accelerate clients’ digital transformations and address growing IT challenges of modern business.
Shares of Appian (NASDAQ: APPN) jumped last month as the low-code software specialist benefited from changing market sentiment as investors responded to cooling inflation and expectations that the Federal Reserve would slow its interest rate hikes. Appian also announced a new product release and continued to spread the word about its $2 billion legal victory over rival Pegasystems, which is set to go to appeals court. As you can see from the chart below, Appian gained as the Nasdaq also inflected in January.
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Shares of Appian (NASDAQ: APPN) got chopped in half last year as compressing valuations in the software sector dinged the low-code software specialist even as it continued to post solid growth. According to data from S&P Global Market Intelligence, the stock finished 2022 down 50%. As you can see from the chart below, Appian shares declined steadily over the course of the year, mirroring a broader decline in the software-as-a-service (SaaS) sector.
Appian (NASDAQ: APPN) has certainly fallen out of favor with investors recently. The provider of low-code app development software could still have a very bright future ahead of it, and of all the beaten-down growth stocks in my portfolio, it's my favorite as we head into 2023. Companies such as T-Mobile and GlaxoSmithKline use Appian, as do several U.S. government agencies.
As Winston Churchill once said, "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty." Looking at the stock market these days, it might not seem hard to justify a pessimistic stance. The S&P 500 index is down by roughly 21% over the last year, and the growth-heavy Nasdaq Composite index has plummeted by 33%.
Appian Corporation ( NASDAQ:APPN ), is not the largest company out there, but it saw significant share price movement...
Appian (NASDAQ: APPN) stock is down 54% this year as slowing growth, widening losses, and fears of a recession have all weighed on the low-code software company. Appian was awarded those damages in May, and in September the court entered final judgement, which included a 6% interest penalty, equal to $122 million a year, against Pegasystems that it must pay if the verdict stands after the appeals process. Given the unusually large award, the outcome has serious consequences for both Appian and Pegasystems.
Appian ( NASDAQ:APPN ) Third Quarter 2022 Results Key Financial Results Revenue: US$117.9m (up 28% from 3Q 2021). Net...
Shares of Appian (NASDAQ: APPN), a low-code application platform, fell today after two analysts lowered their price targets for the tech stock. While both analysts maintained their buy rating for Appian, the price target cuts follow the disappointing third-quarter results Appian reported last week. Truist analyst Joe Meares lowered his price target for Appian's stock to $50, down from his previous price of $65.