Appian Corporation (APPN) Highlights Growth and Strategy at Morgan Stanley Confernce

By Talha Qureshi | March 09, 2026, 8:31 PM

Appian Corporation (NASDAQ:APPN) is one of the Best Small-Cap Growth Stocks to Buy According to Hedge Funds. On March 2, Appian Corporation (NASDAQ:APPN) presented at the Morgan Stanley conference, highlighting strategic growth and renewed focus on AI.

​At the conference, management highlighted that the company is increasing its focus on mission-critical workflows to automate large enterprises and the public sector in highly regulated verticals, including financial services, government, and life sciences. The company is also leaning into practical AI by embedding AI Skills, DocCenter, Agent Studio, and Composer into process automation.

​Management highlighted that they posted GAAP net income of about 1.2 million dollars for the first time in fiscal 2025. Moreover, EBITDA margins also improved from negative 8% to around positive 11%. This was driven by an 18% year-over-year increase in revenue to $576 million for fiscal 2025.

Appian Corporation (APPN) Highlights Growth and Strategy at Morgan Stanley Confernce

​Looking ahead, Appian expects continued growth in revenue, EBITDA, and EPS. This is expected to be driven by management’s increased focus on increasing its customers in the advanced subscription tier.

Appian Corporation (NASDAQ:APPN) develops a low-code automation platform that enables organizations to quickly design, automate, and optimize business processes, cutting costs and enhancing customer experiences.

While we acknowledge the potential of APPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 10 Unstoppable Stocks That Could Double Your Money.

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