Company Insights - Appian Corporation (APPN) is currently experiencing positive earnings estimate revisions, indicating a more favorable outlook from analysts [1][2] - Current quarter estimates have improved from a loss of $0.20 per share to a loss of $0.16 per share, while current year estimates have narrowed from a loss of $0.71 per share to a loss of $0.64 per share [2] - The company holds a Zacks Rank 3 (Hold), which is considered a favorable signal for potential investors [2] Industry Insights - The Internet - Software industry has a Zacks Industry Rank of 37 out of more than 250 industries, positioning it well compared to other segments [1] - The positive trends in the Internet - Software space suggest that a rising tide may benefit multiple companies within the industry [1]
Why Appian (APPN) Stock Might be a Great Pick