Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Appian Corporation (APPN) has a Wall Street consensus price target of $30.25, based on estimates from 19 covering analysts. With the stock currently trading at $26.67, this represents a potential upside of +13.4%. The company has a market capitalization of $1.97B.
Analyst price targets range from a low of $21.00 to a high of $41.00, representing a 66% spread in expectations. The median target of $29.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 7 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, APPN trades at a trailing P/E of 1333.5x and forward P/E of 30.1x. Analysts expect EPS to grow +1005.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $16.99, with bear and bull scenarios of $-302.90 and $2.79 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how APPN stacks up against sector leader NVIDIA Corporation.
Start ComparisonAppian Corporation (APPN) has a consensus 12-month price target of $30.25, implying 13.4% upside from $26.67. The 19 analysts covering APPN see moderate appreciation potential.
APPN has a consensus rating of "Hold" based on 19 Wall Street analysts. The rating breakdown is mixed, with 11 Hold ratings making up the largest segment. The consensus 12-month price target of $30.25 implies 13.4% upside from current levels.
APPN trades at a forward P/E of 30.0609x, representing a moderate valuation. With analysts targeting $30.25 (13.4% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $41 for APPN, while the most conservative target is $21. The consensus of $30.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $3 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
APPN is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 11 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month APPN stock forecast based on 19 Wall Street analysts shows a consensus price target of $30.25, with estimates ranging from $21 (bear case) to $41 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $17, with bear/bull scenarios of $-303/$3.
Our quantitative valuation model calculates APPN's fair value at $17 (base case), with a bear case of $-303 and bull case of $3. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 65/100.
APPN trades at a forward P/E ratio of 30.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 1333.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on APPN, with a "Hold" consensus rating and $30.25 price target (13.4% upside). 7 of 19 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
APPN analyst price targets range from $21 to $41, a 66% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $30.25 consensus represents the middle ground. Our model's $-303-$3 range provides an independent fundamental perspective.