Recent Investment Analysts’ Ratings Changes for Appian (APPN)

Appian (NASDAQ: APPN) recently received a number of ratings updates from brokerages and research firms:

• 5/15/2026 – Appian had its price target lowered by TD Cowen from $27.00 to $24.00. They now have a “hold” rating on the stock.
• 5/15/2026 – Appian had its price target lowered by DA Davidson from $25.00 to $22.00. They now have a “neutral” rating on the stock.
• 5/8/2026 – Appian had its price target lowered by Citigroup Inc. from $38.00 to $37.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Appian had its price target raised by Barclays PLC from $21.00 to $23.00. They now have an “underweight” rating on the stock.
• 4/30/2026 – Appian was given a new $25.00 price target by UBS Group AG.
• 4/30/2026 – Appian had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $25.00 price target on the stock, down from $41.00.
• 4/22/2026 – Appian was upgraded by Zacks Research from “hold” to “strong-buy”.
• 3/24/2026 – Appian was downgraded by Zacks Research from “strong-buy” to “hold”.

Insider Activity

In other news, CRO Mark Dorsey purchased 5,227 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $19.13 per share, for a total transaction of $99,992.51. Following the purchase, the executive directly owned 13,993 shares in the company, valued at approximately $267,686.09. This represents a 59.63% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 43.00% of the stock is currently owned by company insiders.

Appian Corporation is a global technology company specializing in low-code automation platforms designed to streamline business processes. Founded in 1999 by Matt Calkins, the company provides an integrated suite of tools that enables organizations to build enterprise applications and workflows rapidly with minimal hand coding. The platform combines process management, robotic process automation (RPA), artificial intelligence (AI) capabilities and data integration into a single environment, allowing businesses to accelerate digital transformation initiatives.

The core offering, the Appian Low-Code Platform, empowers users—ranging from professional developers to business analysts—to visually model, design and deploy applications that can automate complex operations, orchestrate tasks across systems, and deliver real-time analytics.