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Upturn AI Summary - About
Appian Corp(APPN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for APPN
09/25/2026: APPN (2-star) is currently NOT-A-BUY. Pass it for now.
Appian is a cloud-based enterprise software provider known for its low-code automation platform and data fabric technology. The company has a strong foothold in highly regulated sectors, particularly government and financial services, which provides a steady base of demand. Its primary growth opportunity lies in integrating generative AI to streamline complex workflow automation for large enterprises. However, Appian faces significant competition from well-capitalized software incumbents and must navigate the challenges of achieving consistent profitability while managing high operating costs. The stock may suit growth-oriented investors with a high risk tolerance who are looking for exposure to digital transformation; investors should monitor subscription revenue trends closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Appian is a cloud-based software company scaling its platform in the high-growth low-code market. |
| Momentum investor | Mixed fit | Momentum suitability is conditional on positive price trends and clear signals of operational profitability. |
| Value investor | Weak fit | The company trades primarily based on growth multiples rather than traditional valuation metrics like P/E ratios. |
| Dividend investor | Weak fit | Appian does not pay a dividend and reinvests all capital into expansion. |
| Low-risk investor | Weak fit | The stock exhibits high price volatility common in the enterprise SaaS sector. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is susceptible to rapid changes based on earnings beats, misses, or shifts in SaaS market sentiment. |
| Valuation risk | Medium / high | High growth expectations are often priced in, leading to potential sharp drawdowns if growth slows. |
| Competition risk (AI/Cloud) | High | Large competitors like Microsoft and Salesforce may incorporate similar automation features into their existing, entrenched suites. |
| Business quality | Medium | The platform has strong stickiness with enterprise customers, though profitability remains a work in progress. |
| Dividend income | Low / none | Investors should not expect income generation from this equity. |
| Execution risk | Medium | Success depends on the company's ability to maintain technological leadership in a fast-moving AI landscape. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -48.06% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.58B USD | Price to earnings Ratio - | 1Y Target Price 34 |
Price to earnings Ratio - | 1Y Target Price 34 | ||
Volume (30-day avg) 850.5K shares | Beta 0.94 | 52 Weeks Range 18.63 - 46.06 | Updated Date 09/27/2026 |
52 Weeks Range 18.63 - 46.06 | Updated Date 09/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.14 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Cloud Subscriptions | Recurring revenue from customers accessing the Appian platform via the cloud. | This is the most critical segment to watch as it represents predictable, recurring income. |
| Professional Services | Consulting and implementation support provided to help clients deploy the platform. | Often serves as a gateway to larger subscription contracts but is lower margin. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 416.67 | Enterprise Value 2.85B | Price to Sales(TTM) 3.24 |
Enterprise Value 2.85B | Price to Sales(TTM) 3.24 | ||
Enterprise Value to Revenue 3.58 | Enterprise Value to EBITDA 127.51 | Shares Outstanding 40.54M | Shares Floating 38.07M |
Shares Outstanding 40.54M | Shares Floating 38.07M | ||
Percent Insiders 6.56 | Percent Institutions 97.53 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Appian Corp
Exchange NASDAQ | Headquarters McLean, VA, United States | ||
IPO Launch date 2017-05-25 | Founder, Chairman, CEO & President Mr. Matthew W. Calkins | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 2149 | Website https://www.appian.com |
Full time employees 2149 | Website https://www.appian.com | ||
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. The company also offers cloud subscriptions bundled with maintenance and support and hosting services, license subscriptions, and maintenance and support for license subscriptions; and professional and customer support services. In addition, the company offers platforms, such as artificial intelligence, low-code, data fabric, process automation, intelligent document processing, process mining, process intelligence, and case management studio; and solutions, including federal acquisition, public sector case management, state and local e-procurement, contract lifecycle management, insurance connected underwriting, and insurance claims processing. It serves financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company has a collaboration with Deloitte Touche Tohmatsu Limited for the development of New AI-Powered Policing Solutions. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia.
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