Appian Still Has Some Way To Go 

  • The company grows at an impressive pace and we believe this is likely to continue as there are plenty of opportunities to add revenue streams.
  • We are also not too worried about the competition, the company could even increase prices.
  • However, the shares are fully valued, there is virtually no operational leverage, the cash bleed is substantial and the road to profitability long.

Source: Appian Still Has Some Way To Go – Appian Corp. (NASDAQ:APPN) | Seeking Alpha