What drove APX.AX stock higher today?

APX.AX stock rose on 04 Feb 2026 due to stronger AI demand and heavy volume. Short-term buying pushed price to **A$1.90** while traders priced potential contract wins and improved sector sentiment.

What is Meyka AI's view on APX.AX stock?

Meyka AI rates APX.AX **62.00 (Grade B, HOLD)** and projects a yearly price of **A$0.63**. The model flags downside versus the current price but recognises upside if Appen wins large AI data contracts.

What are the main financial risks for APX.AX stock?

Key risks include negative EPS (**-0.11**), a negative trailing PE, client concentration, and margin recovery uncertainty. Liquidity is adequate, but earnings execution matters for APX.AX stock performance.

When are Appen's next earnings and how will they affect APX.AX stock?

Appen's earnings announcement is scheduled for **2026-03-02**. Expect the report and guidance to move APX.AX stock materially, especially if management cites new AI contracts or margin targets.

AU Stocks

APX.AX Appen Limited (ASX) +13.43% to A$1.90 on 04 Feb 2026: AI tailwinds

ByDanny Kontos February 4, 2026

The market closed with Appen Limited (APX.AX) at A$1.90, up 13.43% on heavy volume as investors priced stronger AI demand. APX.AX stock moved from an open of A$1.75 to a high of A$1.93 on 04 Feb 2026. Daily volume hit 17,586,192.00 shares versus an average of 4,646,908.00, signalling outsized interest in Appen in the ASX technology sector.