14 Best Mid-Cap Growth Stocks to Buy Right Now

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12. Appian Corporation (NASDAQ:APPN)

Number of Hedge Fund Holders: 32

Appian Corporation (NASDAQ:APPN) is one of the best mid-cap growth stocks to buy right now. On January 12, Morgan Stanley analyst Sanjit Singh upgraded Appian to Overweight from Equal Weight with an unchanged price target of $45. This decision was made as the firm believes that Appian is undervalued due to a market misperception of its true competitive position, presenting a significant investment opportunity. The firm is optimistic about Appian’s ability to maintain at least mid-teens growth through 2026, supported by early success in AI-tier subscriptions and strong momentum in the Federal sector.

Furthermore, as part of its broader 2026 software sector outlook, Barclays reduced the price target for Appian Corporation (NASDAQ:APPN) from $37 to $34, while maintaining an Underweight rating.

Despite the specific adjustment for Appian, the firm expressed optimism for the software industry as a whole heading into 2026. The firm noted that the sector currently offers a favorable setup for investors, characterized by stable IT spending and resilient macroeconomic conditions. Furthermore, with sector valuations remaining low and software currently being out of favor with the broader market, Barclays suggested there is significant recovery potential for the group.

Appian Corporation (NASDAQ:APPN) operates as an international software company that offers the Appian Platform, which is an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes.

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