Appen Limited (APX.AX ASX) A$1.33 pre-market 26 Feb 2026: AI data services outlook
The APX.AX stock opened pre-market at A$1.33 on 26 Feb 2026, up 2.31% from the prior close as traders price in renewed AI demand for labelled data. Appen Limited (APX.AX) on the ASX supplies training data and annotation tools to AI developers worldwide. Volume is already at 6,122,732 shares versus an average of 6,356,193, showing above-normal pre-market interest. We review earnings, valuation, technicals and catalysts that matter to AI investors and explain how those factors translate into a 12‑month forecast and realistic price targets.
APX.AX stock: recent price and market context
Appen Limited (APX.AX) trades on the ASX in AUD with a market cap of A$351,934,097 and a current price of A$1.33. The stock’s 52-week high is A$3.00 and low is A$0.65, while the 50-day average price is A$1.17 and the 200-day average is A$0.99. Pre-market volume of 6,122,732 is near the 3‑month average, reflecting investor attention to AI sector flows and company-specific updates.
Earnings, financials and valuation for APX.AX stock
Appen reported trailing EPS of -0.11 and a negative PE of -12.05, highlighting recent losses despite revenue scale. Key ratios: price-to-sales 0.997, price-to-book 2.37, current ratio 2.77, and debt-to-equity 0.10, which shows a conservative balance sheet. Free cash flow per share is negative at -0.01, but operating cash flow per share is positive at 0.01, signalling improving cash generation trends.
APX.AX stock technicals and trading signals
Technically, APX.AX shows mixed momentum: RSI 46.80, MACD histogram -0.07, and ADX 37.91 indicating a strong trend but negative momentum. Bollinger middle band sits at A$1.59 and ATR is 0.17, implying moderate volatility. Short-term indicators such as Stochastic %K 7.23 and Williams %R -93.85 point to oversold conditions that traders may watch for a rebound.
Catalysts, risks and sector positioning
Appen’s core business—data collection and labelling for AI—remains in a growth sector, but revenue fell year-over-year with 2024 revenue growth at -43.04%. Risks include margin pressure, client concentration and execution on product expansion. Sector peers in Technology show YTD weakness, which can magnify APX.AX volatility; positive catalysts would include renewed enterprise contracts, margin recovery or wins in Asia and North America.
Meyka AI grade and APX.AX stock forecast
Meyka AI rates APX.AX with a score out of 100: 61.90 (Grade B — HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects A$2.05 for APX.AX in 12 months, compared with the current price of A$1.33, implying an upside of 54.14%. Forecasts are model-based projections and not guarantees.
Valuation targets and analyst context
Given current metrics, a conservative price target for Appen is A$1.60 and an upside target is A$2.40, with a midpoint near A$1.80 reflecting recovery scenarios and margin improvement. Third-party ratings show a mixed view: a recent company rating gave a score of C with a Sell recommendation, underlining divergence among models. Investors should weigh return prospects against negative EPS and cash flow volatility.
Final Thoughts
APX.AX stock trades at A$1.33 pre-market on 26 Feb 2026 amid renewed AI interest and higher-than-average volume. Fundamentals show a recovering cash profile but negative EPS of -0.11 and stretched free cash flow. Technically the stock is oversold on short-term oscillators while ADX suggests a strong trend. Meyka AI’s forecast model projects A$2.05 in 12 months, implying a 54.14% upside versus the current price; this projection assumes contract wins and margin recovery. A prudent plan is to treat Appen as a sector-exposed AI idea: consider phased exposure with a conservative price target of A$1.60 and an upside scenario to A$2.40. These are model-based projections and not investment advice. For ongoing updates and real-time signals use Meyka AI’s platform for AI-powered market analysis and watch leading sector indicators and company earnings closely.
FAQs
What is the current price of APX.AX stock and market cap?
APX.AX stock is trading at A$1.33 pre-market on 26 Feb 2026 with a market cap of A$351,934,097. Volume is 6,122,732 versus an average of 6,356,193, indicating active pre-market interest.
What earnings and valuation numbers matter for APX.AX stock?
Key figures for APX.AX stock include EPS -0.11, PE -12.05, price-to-sales 0.997, and price-to-book 2.37. Current ratio is 2.77 and debt-to-equity is 0.10, showing low leverage but negative profitability.
What is Meyka AI’s forecast and price target for APX.AX stock?
Meyka AI’s forecast model projects A$2.05 for APX.AX stock in 12 months, implying a 54.14% upside from A$1.33. Forecasts are model-based projections and not guarantees.
What are the main risks for APX.AX stock investors?
Risks include continued negative EPS, client concentration, margin pressure and sector volatility. APX.AX stock could fall toward the 52‑week low A$0.65 if revenue recovery stalls or AI spending slows.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.