APPN — Appian Corp

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Appian Corp

Appian Corporation operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally. The company offers The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize critical business processes. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$21.34
Market Cap$1.44B
Float35.6M
Shares Outstanding42.3M
P/E (Forward)416.67
P/E (TTM)978.50
Price/Sales (TTM)1.88
vs. Analyst Target+25.6% to analyst PT
Profit Margin0.12%
Operating Margin (TTM)1.56%
Revenue (TTM)$763M
Dividend RateNone
Analyst Target Price$26.80 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $305M -$33.5M $216M -$26.3M
2021 $369M -$88.6M $265M -$81.7M
2022 $468M -$151M $335M -$141M
2023 $545M -$111M $402M -$80.9M
2024 $617M -$92.3M $467M -$57.6M
2025 $727M $1.2M $527M $37.0M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $171M -$312,000
Sep 2025 $187M $7.8M
Dec 2025 $203M -$5.1M
Mar 2026 $202M -$1.5M

Ownership & Float

Insider Ownership6.7%
Institutional Ownership101.0%
Short Float17.4%
% of All Funds Holding2.29%
Number of Funds Holding188

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$22.22Near-term / short-term trend
Weekly40-Week SMA$29.47Medium-term trend
Weekly80-Week SMA$30.64Cyclical trend (business cycle)
Weekly200-Week SMA$35.70Secular trend (multi-year)
Monthly10-Month SMA$28.79Near-term monthly trend
Monthly20-Month SMA$30.54Medium-term monthly trend
Monthly40-Month SMA$34.79Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$24.20 resistance 1.00x 0 months ago
$35.40 resistance 1.22x 3 months ago

Historical Earnings Reactions (37 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -1.66% -0.55% 48.65% 12.13% -13.93%
1 Day -2.42% -1.92% 35.14% 20.42% -22.38%
1 Week -1.33% -4.00% 35.14% 37.70% -29.56%
2 Weeks -1.00% -1.66% 41.67% 66.26% -33.07%
1 Month 1.26% -0.03% 50.00% 92.21% -39.37%

Next earnings: July 26, 2026 (66 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan8.1%55.6%9
Feb-3.4%44.4%9
Mar-4.8%22.2%9
Apr-3.5%44.4%9
May1.1%62.5%8
Jun8.0%55.6%9
Jul1.0%55.6%9
Aug9.3%55.6%9
Sep-2.6%33.3%9
Oct-3.7%33.3%9
Nov12.8%44.4%9
Dec-1.3%33.3%9

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.09% 50.4% 423
Tuesday 0.15% 51.5% 464
Wednesday 0.26% 53.1% 461
Thursday 0.36% 54.5% 453
Friday -0.20% 47.0% 455

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 101.0%

Insider Transactions — Smart Summary

Total insider ownership: 6.7%

Founder-led management: Matt Calkins (Founder, Chairman, CEO & President), Michael Beckley (Founder, CTO & Director), Marc Wilson (Founder & Chief Executive Ambassador), Robert Kramer (Founder, GM & Director)

12-Month Insider Activity Summary

Total Filings15
Net Value+$99,992.51
Net Shares Change-5,098,890
% of Float-14.3%
C-Suite Filings1
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Abdiel Capital Advisors, LP -$133M 8 8 sell
Lynch Mark Steven -$166,901.749 1 1 sell
Dorsey Mark Chief Revenue Officer +$99,992.51 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-13 Dorsey Mark Chief Revenue Officer +$99,992.51 Transaction at $19.13, now +11.6%
2026-03-03 Lynch Mark Steven -$166,901.749 Transaction at $18.24, now +17.0%
2025-08-08 Abdiel Capital Advisors, LP -$31.4M Transaction at $29.65, now -28.0%
2025-07-29 Abdiel Capital Advisors, LP -$19.2M Transaction at $30.13, now -29.2%
2025-07-24 Abdiel Capital Advisors, LP -$17.1M Transaction at $29.70, now -28.1%
2025-06-06 Abdiel Capital Advisors, LP -$18.5M Transaction at $32.10, now -33.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Appian Corp (APPN) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for APPN on Trend Edge →