How to Buy Appian Stock
Appian Corp
Appian Corporation provides low-code automation platform in the United States and internationally.
Appian stock last closed at $44.38, up 4.89% from the previous day, and has decreased 27.03% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.06 percentage points. Appian stock is currently +48.93% from its 52-week low of $29.80, and -32.33% from its 52-week high of $65.58.
As of Mar 31, 2023, there are 72.84M shares of APPN outstanding. The market capitalization of APPN is $3.23B. In the last 24 hours, 363,661 APPN shares were traded.
How to Buy Appian Stock
Not sure how to invest in Appian stock? Here's how.
- Figure out where to buy Appian stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Appian stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Appian stock: The Appian ticker symbol is APPN. Is Appian stock a good investment? Should you buy shares of APPN? How do APPN's underlying business fundamentals look? Do top analysts think Appian is a good buy? Why has APPN's stock price moved recently? (Hint: Our stock research tools can help you figure out if APPN is a good stock to buy).
- Execute your APPN buy order: Decide if you will purchase APPN shares at the current market price or use a limit order to purchase APPN shares at a specific price.
- Get key alerts regarding your investment in APPN: Create a watchlist to the latest updates on your position in Appian stock.
Step 1: Figure out where to buy Appian stock
You need an online brokerage account to access the NASDAQ market and buy APPN shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy APPN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal details to create a new trading account.
- Submit your application by clicking the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've created your account on one of the best stock market apps, you need to deposit funds:
Watch this video walkthrough for more details depositing funds into your brokerage account.
Step 4: Evaluate Appian stock
After you have decided on the best place to buy Appian stock, it's very important to research their stock prior to buying, so you truly understand the risk as well as the upside.
Appian shares quick numbers
Fundamentals of APPN
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on APPN's stock page.
Is APPN stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge APPN's true value.
Using relative valuations ratios:
- APPN could be overvalued based on its P/B ratio of 22.19x, relative to Software - Infrastructure industry P/B ratio of 10.96x
You can access more valuation research on APPN's stock here.
A quick look at APPN Financials
Passed Financial Due Diligence Checks:
- APPN has cash burn of 115646000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the APPN balance sheet.
- There are more short-term assets than long-term liabilities on the APPN balance sheet.
Failed Financial Due Diligence Checks:
- Total APPN debt is higher than 5 years ago, relative to shareholder equity.
- APPN has a relatively high debt to equity ratio of 3.08.
- APPN profit margin has gone down from -24% to -32.2% in the past year.
- APPN has $198.24M in cash and short term investments. This is not sufficient to cover its annual cash burn of $115.65M.
Is Appian stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 Wall Street analysts who monitor APPN, the consensus analyst rating on Appian is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest APPN Analyst Upgrades/Downgrades
Sanjit Singh, a bottom 4% analyst from Morgan Stanley maintains APPN with a hold rating and raises their APPN price target from $42.00 to $46.00, on Feb 17, 2023.
Joseph Meares, a bottom 31% analyst from Truist Securities maintains APPN with a strong buy rating and raises their APPN price target from $45.00 to $50.00, on Feb 17, 2023.
Thomas Blakey, a bottom 11% analyst from KeyBanc maintains APPN with a strong buy rating and raises their APPN price target from $46.00 to $55.00, on Feb 17, 2023.
Joe Meares, a top 41% analyst from Truist Securities maintains APPN with a strong buy rating and lowers their APPN price target from $50.00 to $45.00, on Jan 20, 2023.
Raimo Lenschow, a top 5% analyst from Barclays maintains APPN with a strong sell rating and lowers their APPN price target from $30.00 to $25.00, on Jan 10, 2023.
You can dig deeper into what analysts are projecting on the Appian stock forecast page.
APPN Momentum
APPN Performance Metrics
Last year, APPN revenue was $467.99M. Over the last five year, APPN's revenue has grown by 21.5% per year. This was faster than the Software - Infrastructure industry average of 20.34%.
Learn more about APPN's earnings and revenue performance here.
Who is buying/selling APPN?
In the last year, insiders at APPN have bought more shares than they have sold.
Mark Matheos, Chief Financial Officer of APPN, was the latest APPN insider to sell. They sold $60,442.56 worth of APPN shares on Mar 6, 2023.
Learn more about who owns APPN shares here.
Can I rely on APPN as an income stream?
No, Appian doesn't provide an income stream by paying out dividends.
What others are saying about APPN
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your APPN buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Press the Open Trade button and your broker will place your order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in APPN
Now that you own some APPN stock, you'll want to keep up with your investment.
Put APPN on a watchlist to get notified of the latest news about your APPN stock.
APPN Feed
How to Buy Stock in Appian
To summarize, here are the 6 steps you need to take to buy Appian stock right now:
- Figure out where to buy Appian stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Appian stock
- Execute your APPN buy order
- Get key alerts regarding your investment in APPN
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Appian, add APPN to your watchlist by clicking the button below.
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