Appian Corporation (APPN)
Appian Is Reinventing Itself. Is the Stock a Buy?
Appian has reformulated its business around automation and AI. The company cut its workforce in June, which will help drive it to break-even adjusted EBITDA.
Appian: Underappreciated Amid Accelerating Growth Trends
Shares of Appian have sunk ~20% after reporting strong Q2 results, creating a well-timed buying opportunity. The company accelerated both total and subscription revenue growth in Q2, which bucks the trend of many software companies reporting softer growth in the current macro. Management has also taken aggressive recent cost actions, prompting the company to lift its full-year adjusted EBITDA outlook to breakeven at the midpoint.
Carlos Slim and Other Insider Buyers Are Boosting Their Stakes
24/7 Wall St. Insights In the past week, there was sizable insider buying at a couple of energy companies and a transportation company.
Appian (APPN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Appian (APPN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Why Appian Stock Was Sliding Today
Appian beat estimates on the top and bottom lines. After a round of layoffs, the company now expects to break even on an adjusted EBITDA basis.
Appian (APPN) Reports Q2 Loss, Tops Revenue Estimates
Appian (APPN) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.39 per share a year ago.
Appian's $2 bln verdict against Pegasystems overturned by appeals court
Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems' alleged theft of Appian's trade secrets.
Appian (APPN) Soars 6.9%: Is Further Upside Left in the Stock?
Appian (APPN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Recent Insider Buying Is Focused on These 5 Stocks
24/7 Insights With the new quarter begun and second-quarter earnings reports starting to come in, insider buying has slowed to a trickle.
Trade of the Day: An Insider Buy for Appian (APPN) Stock Points to a Reversal
Insiders sell for a variety of reasons, many of them mundane. However, they only buy for one reason: They believe shares will swing higher in value.
Appian: Valuation Erosion Is A Strong Argument For This Stock, Even As Growth Slows Down
Appian has slid recently on slowing growth, but the company is showing surprisingly strong net revenue retention rates. The stock's YTD slide has taken it to a bargain-basement ~3x FY25 revenue multiple, which gives investors a major layer of safety. In the long run, the company still benefits from companies' desire to automate more and more tasks to save on redundant headcount costs.
