Appian: Strong Deal Momentum Combined With Cost Efforts To Hit Adjusted EBITDA Profitability

Market Outlook - The market is expected to experience a reversion in 2025, with large-cap growth stocks that saw strong momentum in 2024 likely to undergo a correction, bringing their valuation multiples closer to historical medians [1] - Smaller-cap stocks are positioned differently, though the article does not provide specific details on their outlook [1] Analyst Background - The analyst, Gary Alexander, has extensive experience covering technology companies on Wall Street and working in Silicon Valley, providing him with deep insights into industry trends [1] - He also serves as an outside adviser to several seed-round startups, further enhancing his understanding of emerging themes in the industry [1] - Gary Alexander has been a regular contributor on Seeking Alpha since 2017 and his work is syndicated to popular trading apps like Robinhood [1]