What caused the APX.AX stock drop on 06 Feb 2026?

The fall to A$1.56 followed heavy selling and profit-taking amid weak earnings metrics. Negative EPS, margin pressure and high intraday volume drove the 17.02% decline. Market closed while investors awaited the March earnings update.

What is Meyka AI's grade for APX.AX?

Meyka AI rates APX.AX **62.00/100 (Grade B)** with a **HOLD** suggestion. The grade factors S&P 500 and sector comparisons, financial growth, key metrics and analyst consensus. This is informational, not financial advice.

What price targets and forecasts exist for APX.AX stock?

Meyka AI's forecast model projects **A$0.63** yearly and **A$0.67** monthly. Scenario targets: conservative **A$0.60**, base **A$1.80**, and optimistic **A$3.00**. Forecasts are model projections and not guarantees.

When is Appen's next earnings announcement and why it matters?

Appen's earnings announcement is scheduled for 2026-03-02. That report matters because it will show revenue trends, margin trajectory and client wins. Clear margin improvement could reverse negative sentiment.

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Appen (APX.AX, ASX) slides 17% to A$1.56 on 06 Feb 2026: AI data demand meets earnings pressure

ByDanny Kontos February 6, 2026February 6, 2026

The APX.AX stock moved sharply on 06 Feb 2026 after Appen Limited (APX.AX, ASX) closed down A$0.32 or 17.02% to A$1.56, on heavy volume of 18921785.00 shares. Market closed with traders citing mixed signals: robust AI data demand for models but persistent negative EPS and margin pressure. In this market-closed report we review Appen’s financials, technicals and sector context, and give a model-based forecast from Meyka AI to frame near-term positioning for AI-focused investors.