Appian Corporation NASDAQ: APPN, long recognized for its process automation software, has quietly developed one of the most practical AI platforms in enterprise technology, and investors have only recently begun to take notice.
Here is how Appian (APPN) and JFrog Ltd. (FROG) have performed compared to their sector so far this year.
Appian is poised for a rebound, leveraging AI-driven automation to drive business process re-engineering and cost savings. APPN surged ~40% after strong Q3 results, with accelerated growth and improved profitability signaling renewed investor enthusiasm. Despite the rally, APPN remains undervalued versus peers, trading at 4.5x EV/FY25 revenue and showing expanding EBITDA margins.
The headline numbers for Appian (APPN) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Appian Corporation (NASDAQ:APPN ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 12:50 PM EDT Company Participants Srdjan Tanjga - Chief Financial Officer Conference Call Participants Steven Enders - Citigroup Inc., Research Division Presentation Steven Enders Research Analyst All right. Awesome. Well, thanks, everybody, for being here today.
Appian is undervalued, trading at a steep discount to peers despite accelerating revenue growth and a healthy AI-driven pipeline. AI adoption is driving premium pricing, larger deals, and expanding Appian's reach across industries, fueling robust subscription and cloud revenue growth. Operational efficiency is improving, with rising sales productivity and a meaningful jump in adjusted EBITDA margins, though retention rates have slipped slightly.
The headline numbers for Appian (APPN) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Appian Corporation (NASDAQ:APPN ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Jon Philip Andrews - Vice President of Investor Relations Matthew W. Calkins - Founder, Chairman, CEO & President Srdjan Tanjga - Chief Financial Officer Conference Call Participants Cole Erskine - TD Cowen, Research Division Devin Au - KeyBanc Capital Markets Inc., Research Division Jacob Roberge - William Blair & Company L.L.C.
Appian (APPN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to a loss of $0.26 per share a year ago.
Appian (APPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I see Appian as heavily undervalued, having missed out on the tech rally despite solid growth and improving margins—making it a compelling buy. Appian's automation software offers strong ROI, resonates in tough macro environments, and targets a broad user base beyond IT. Federal government contracts are growing rapidly, and Appian boasts a 99% gross renewal rate, underscoring customer stickiness and recurring revenue strength.
The headline numbers for Appian (APPN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.