Stock AnalizAppian Corp. APPN
Computer Software: Prepackaged Software · IPO 2017 · data as of November 13, 2026
Appian Corp. (APPN) is a technology company listed in the US with a market value of about $3.9B. In the twelve months to September 30, 2026 it had revenue of $843M and net income of -$6M, a net margin of -0.7%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 100.6, 5-year revenue growth of 19% a year, a 5-year average ROIC of -20%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 89% below the current price.
Score: 1.6 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Positive free cash flow
- 20% to 100% of free cash flow returned to shareholders
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $843M | $727M | $617M | $545M | $468M | $369M | $305M | $260M | $227M | $177M | $133M |
| Net income | -$6M | $1M | -$92M | -$111M | -$151M | -$89M | -$33M | -$51M | -$49M | -$31M | -$12M |
| Free cash flow | $39M | $60M | $3M | -$120M | -$116M | -$60M | -$9M | -$41M | -$38M | -$10M | -$9M |
| EPS (diluted) | $-0.07 | $0.02 | $-1.26 | $-1.52 | $-2.08 | $-1.25 | $-0.48 | $-0.77 | $-0.80 | $-0.63 | $-0.39 |
| Net margin | -0.7% | 0.2% | -14.9% | -20.4% | -32.2% | -24.0% | -11.0% | -19.5% | -21.8% | -17.5% | -9.4% |
| ROIC | — | 0.2% | -17.0% | -25.9% | -34.7% | -22.8% | -8.4% | -15.7% | -50.4% | -55.2% | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 5 analysts is $54.80, 1% above the current price; targets range from $30.00 to $69.00; the consensus rating is “Hold”; expected EPS is $1.23 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Appian stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 89% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Appian pay a dividend?
Not currently.
Is Appian a good stock to buy?
We do not give buy or sell advice. Appian scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.