Appen's Earnings Visibility Keeps Jefferies Cautious -- Market Talk

Dow Jones
2025/10/30

0255 GMT - Appen's limited earnings visibility keeps Jefferies analyst Jennifer Xu cautious on the Australia-listed data-annotation provider. Xu tells clients in a note that Appen's 3Q revenue and earnings were driven by a strong China market. Less positively, the U.S. artificial-intelligence market remains uncertain, with visibility particularly limited in large-language model projects. Jefferies keeps a hold rating on the stock with a A$1.00 target price. Shares are down 4.4% at A$0.79. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

October 29, 2025 22:55 ET (02:55 GMT)

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