is anyone else concerned about the future outlook of appian against the growing AI competitors? how long do you think we can manage before becoming obsolete?
5 replies (most recent on top)
Woo hoo! Stock closed at 18.72 today! Sinking like the piece of sh-t that it is!!!! TOAST!!!
im not sure why the company isnt treating this like the threat that it is and investing more to make us competitive. instead its just half measures that equate to marketing bs. dev agents are a matter of hygiene at this point and appian is behind there - most companies are onto infrastructure, and this is a core weakness that isnt being taken seriously. i give it 12-18 months and we will see this circling the drain unless major changes happen.
This company is toast. They couldn’t sell their way out of a paper bag before AI hit big and only gouged existing customers. These guys are going down faster than the Titanic and they deserve that and more, especially for the way they’ve treated people. I am rooting for their demise.
The stock price just hit a 52 week low. 😳
Well the good news is that management is smart enough to pivot to returning value to shareholders via earnings growth and isn’t blindly spending all the money on false hopes of a re-acceleration. Oh wait.. sorry thats PEGA.
AI is about to eat every workflow on the planet, so Appian’s response? Crank up the Opex, hire more salespeople, and pray the duct tape holds.
And they wonder why it’s trading at 2x revenue.