For Q2 2026, analysts expect Appian Corp to report revenue of $193.38 million and a break-even Q2 2026 analyst consensus non-GAAP EPS of $0.00, with shares trading at $27.71 compared to a $26.20 average price target.
Investors are primarily focused on cloud subscription revenue, which management guided to a Q2 2026 range of $126 million to $128 million.
This follows a robust first quarter where cloud growth reached 25%, fueled by demand for AI-powered process automation. Management’s ability to sustain this momentum through its new "Agentic AI" features and strategic enterprise deals will be critical for the stock's near-term performance.