Appian Corporation (NASDAQ:APPN) received a Neutral rating and a $30.00 price target from DA Davidson analyst Gil Luria following its second-quarter 2025 earnings beat, outperforming expectations on revenue and earnings.

Two key factors contributing to Appian’s increased full-year guidance were new business demand and a larger pipeline, with management noting the positive impact of AI on results and market momentum.

Appian Corporation provides an automation platform utilizing AI, process mining, and data integration. While acknowledging its potential, some analysts believe other AI stocks offer greater upside potential with lower risk. For more information on undervalued AI stocks, a free report is available.

Read more at Yahoo Finance: DA Davidson Initiates Neutral Rating on Appian (APPN) After Earnings Beat