Appian (APPN, Financial) has announced the appointment of Serge Tanjga as its Chief Financial Officer, effective May 27. In his new role, Tanjga will report directly to the company's CEO, Matt Calkins.
Tanjga brings a wealth of experience to Appian, with over two decades in the financial sector. Previously, he was the Senior Vice President of Finance at MongoDB (MDB), where he played a pivotal role in overseeing financial planning, strategic finance, business operations, and analytics. Additionally, Tanjga recently held the position of interim CFO at MongoDB, where he managed key financial functions.
This move is expected to enhance Appian's financial strategy and operational leadership as the company continues to grow its enterprise software solutions globally.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Appian Corp (APPN, Financial) is $38.00 with a high estimate of $53.00 and a low estimate of $27.00. The average target implies an upside of 47.12% from the current price of $25.83. More detailed estimate data can be found on the Appian Corp (APPN) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Appian Corp's (APPN, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Appian Corp (APPN, Financial) in one year is $56.08, suggesting a upside of 117.11% from the current price of $25.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Appian Corp (APPN) Summary page.
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