Appen (ASX:APX) - Stock Price, News & Analysis

APX Stock Overview

Operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally.

About the company

APX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 69% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Has less than 1 year of cash runway

Appen Limited Competitors

Atturra

ASX:ATA

AU$279.9m

Data#3

ASX:DTL

AU$1.2b

Cirrus Networks Holdings

ASX:CNW

AU$56.7m

Kinatico

ASX:KYP

AU$41.6m

Price History & Performance

Summary of all time highs, changes and price drops for Appen
Historical stock prices
Current Share Price	AU$1.00
52 Week High	AU$1.59
52 Week Low	AU$0.26
Beta	0.97
11 Month Change	30.72%
3 Month Change	76.99%
1 Year Change	-35.90%
33 Year Change	-90.49%
5 Year Change	-96.17%
Change since IPO	90.48%

Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Aug 31

Appen (ASX:APX) Will Have To Spend Its Cash Wisely

Jul 30

Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking

Jun 04

Recent updates

Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Aug 31

There's No Escaping Appen Limited's (ASX:APX) Muted Revenues Despite A 66% Share Price Rise

Feb 29

The Market Doesn't Like What It Sees From Appen Limited's (ASX:APX) Revenues Yet As Shares Tumble 27%

Jan 15

When Should You Buy Appen Limited (ASX:APX)?

Aug 24

Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term

May 15

Why Appen Limited (ASX:APX) Could Be Worth Watching

May 10

Are Investors Undervaluing Appen Limited (ASX:APX) By 21%?

Apr 13

Should You Investigate Appen Limited (ASX:APX) At AU$2.61?

Dec 09

AU$4.47: That's What Analysts Think Appen Limited (ASX:APX) Is Worth After Its Latest Results

Aug 26

Appen Limited's (ASX:APX) Intrinsic Value Is Potentially 25% Below Its Share Price

May 26

Appen (ASX:APX) Will Pay A Dividend Of AU$0.055

Feb 27

At AU$9.18, Is Appen Limited (ASX:APX) Worth Looking At Closely?

Jan 26

Are Investors Undervaluing Appen Limited (ASX:APX) By 36%?

Oct 25

Shareholder Returns

	APX	AU IT	AU Market
7D	-28.6%	-4.6%	0.7%
1Y	-35.9%	12.1%	10.5%

Return vs Industry: APX underperformed the Australian IT industry which returned 12.1% over the past year.

Return vs Market: APX underperformed the Australian Market which returned 10.5% over the past year.

Price Volatility

Is APX's price volatile compared to industry and market?
APX volatility
APX Average Weekly Movement	21.9%
IT Industry Average Movement	6.6%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: APX's share price has been volatile over the past 3 months.

Volatility Over Time: APX's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1996	1,015	Ryan Kolln	www.appen.com

Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through two segments, Global Services and New Markets. The company provides a platform for the AI data development process.

Appen Limited Fundamentals Summary

How do Appen's earnings and revenue compare to its market cap?
APX fundamental statistics
Market cap	AU$223.00m
Earnings (TTM)	-AU$136.69m
Revenue (TTM)	AU$366.28m

0.6x

P/S Ratio

-1.6x

P/E Ratio

Is APX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APX income statement (TTM)
Revenue	US$247.92m
Cost of Revenue	US$217.42m
Gross Profit	US$30.50m
Other Expenses	US$123.02m
Earnings	-US$92.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.41
Gross Margin	12.30%
Net Profit Margin	-37.32%
Debt/Equity Ratio	0%

How did APX perform over the long term?

See historical performance and comparison

APX Stock Overview

Rewards

Risk Analysis

Appen Limited Competitors

ASX:ATA

AU$279.9m

ASX:DTL

AU$1.2b

ASX:CNW

AU$56.7m

ASX:KYP

AU$41.6m

Price History & Performance

Recent News & Updates

Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Consensus EPS estimates fall by 27%

Price target increased by 8.7% to AU$0.58

Appen (ASX:APX) Will Have To Spend Its Cash Wisely

Appen Limited to Report First Half, 2024 Results on Aug 30, 2024

Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking

Recent updates

Appen Limited's (ASX:APX) Shares Bounce 28% But Its Business Still Trails The Industry

Consensus EPS estimates fall by 27%

Price target increased by 8.7% to AU$0.58

Appen (ASX:APX) Will Have To Spend Its Cash Wisely

Appen Limited to Report First Half, 2024 Results on Aug 30, 2024

Appen Limited's (ASX:APX) Price Is Right But Growth Is Lacking

We're A Little Worried About Appen's (ASX:APX) Cash Burn Rate

Appen Limited, Annual General Meeting, May 24, 2024

Appen Limited, Annual General Meeting, May 24, 2024

Consensus estimates of losses per share improve by 16%

New major risk - Financial position

Now 28% undervalued

High number of new directors

There's No Escaping Appen Limited's (ASX:APX) Muted Revenues Despite A 66% Share Price Rise

Price target decreased by 7.6% to AU$0.63

Full year 2023 earnings released: US$0.83 loss per share (vs US$1.94 loss in FY 2022)

Consensus EPS estimates upgraded to US$0.34 loss

New major risk - Share price stability

The Market Doesn't Like What It Sees From Appen Limited's (ASX:APX) Revenues Yet As Shares Tumble 27%

Appen Limited to Report Fiscal Year 2023 Results on Feb 27, 2024

New major risk - Shareholder dilution

Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million.

Price target decreased by 9.1% to AU$1.43

New minor risk - Share price stability

New minor risk - Market cap size

New minor risk - Profitability

New minor risk - Profitability

Consensus EPS estimates fall by 18%

Price target decreased by 11% to AU$2.13

When Should You Buy Appen Limited (ASX:APX)?

Appen Launches AI Chat Feedback and Benchmarking Solutions for Enhanced LLM Evaluation

Appen Limited Announces Chief Financial Officer Changes

Appen Limited Announces Appointment of Fab Dolan as Chief Marketing Officer

Appen Limited to Report First Half, 2023 Results on Aug 28, 2023

Price target increased by 9.8% to AU$2.17

Appen Limited Appoints Andrew Ettinger as Chief Revenue Officer

Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term

Price target decreased by 12% to AU$2.05

Consensus EPS estimates fall by 52%

Why Appen Limited (ASX:APX) Could Be Worth Watching

Now 34% undervalued after recent price drop

Now 20% undervalued

Are Investors Undervaluing Appen Limited (ASX:APX) By 21%?

Now 21% undervalued

Independent Non-Executive Director recently bought AU$124k worth of stock

Consensus EPS estimates fall by 98%

Full year 2022 earnings: EPS misses analyst expectations

Price target decreased by 12% to AU$2.67

Consensus EPS estimates upgraded to US$0.13 loss, revenue downgraded

Price target decreased by 7.1% to AU$2.94

Consensus EPS estimates upgraded to US$0.14 loss, revenue downgraded

Investor sentiment improves as stock rises 15%

Appen Limited, Annual General Meeting, May 26, 2023

Appen Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Consensus EPS estimates fall by 13%

Appen Limited Appoints Mr. Ahmad Armughan as Director

Appen Limited Announces Chief Executive Officer Changes

Appen Limited Announces Management Changes

Investor sentiment deteriorated over the past week