Morgan Stanley Adjusts Appian Price Target to $57
Morgan Stanley has increased its price target for Appian Corporation to $57 from $32 while maintaining an Equalweight rating.
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TD Cowen has maintained its 'Hold' rating on Appian Corporation while increasing its price target from $30 to $50.
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Morgan Stanley has increased its price target for Appian Corporation to $57 from $32 while maintaining an Equalweight rating.
William Blair has upgraded Appian Corporation's stock rating from Market Perform to Outperform.
Appian (APPN) reported Q3 2026 revenue of $234.63 million, up 25.5% year-over-year, beating consensus estimates by 8.75%. EPS of $0.51 significantly exceeded expectations of $0.32, representing a 59.38% surprise. Subscription revenue grew 27.6% to $187.75 million, while professional services revenue increased 17.7% to $46.88 million. The stock has gained 31.9% over the past month and currently holds a Zacks Rank #3 (Hold) rating.
Appian (APPN) stock surges as Q3 revenue jumps 25% to $234.6M, beating EPS estimates at $0.51 and raising full-year 2026 guidance.
Appian (NASDAQ:APPN) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
Appian Corporation reported its financial results for the third quarter ended September 30, 2026, highlighting growth in cloud and total subscription revenues.