AppFolio
APPF

$222.92

2.35%

Market Cap: $8.09B

About: AppFolio Inc is a provider of cloud-based software solutions for real estate industry. Its property management software provides property managers with an end-to-end solution to their business needs. Its products include cloud-based property management software (Appfolio Property Manager). It also offers value-added services, such as screening, risk mitigation and electronic payment services. The business activity of the firm predominantly functions through the United States and it generates revenue in the form of subscription fees.

Employees: 1,504

Information Technology Prepackaged Software

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

206% more call options, than puts

Call options by funds: $24.9M | Put options by funds: $8.14M

50% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 48

13% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 124

7% more funds holding

Funds holding: 362 [Q1] → 386 (+24) [Q2]

6% less capital invested

Capital invested by funds: $4.91B [Q1] → $4.61B (-$297M) [Q2]

6.56% less ownership

Funds ownership: 91.53% [Q1] → 84.97% (-6.56%) [Q2]

11% less funds holding in top 10

Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$295

32%

upside

Avg. target

$303

36%

upside

High target

$328

47%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

Keybanc Jason Celino 40% 1-year accuracy 24 / 60 met price target	35%upside $300	Overweight Maintained	26 Jul 2024
DA Davidson Peter Heckmann 76% 1-year accuracy 31 / 41 met price target	35%upside $300	Buy Maintained	26 Jul 2024
Piper Sandler Brent Bracelin 47% 1-year accuracy 66 / 141 met price target	35%upside $300	Overweight Maintained	26 Jul 2024
JP Morgan Alexei Gogolev 71% 1-year accuracy 12 / 17 met price target	47%upside $328	Overweight Maintained	17 Jul 2024
Piper Sandler Brent Bracelin 47% 1-year accuracy 66 / 141 met price target	32%upside $295	Overweight Maintained	12 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about APPF published over the past 30 days

Zacks Investment Research

Should You Invest in AppFolio (APPF) Based on Bullish Wall Street Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Should You Invest in AppFolio (APPF) Based on Bullish Wall Street Views?

Zacks Investment Research

AppFolio (APPF) Ascends While Market Falls: Some Facts to Note

AppFolio (APPF) reachead $228.28 at the closing of the latest trading day, reflecting a +0.75% change compared to its last close.

AppFolio (APPF) Ascends While Market Falls: Some Facts to Note

Zacks Investment Research

AppFolio (APPF) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, AppFolio (APPF) closed at $231.99, marking a -0.06% move from the previous day.

AppFolio (APPF) Stock Drops Despite Market Gains: Important Facts to Note

New AppFolio Survey Finds Property Managers Must Innovate to Meet Modern Renter Expectations

Transparent property listings, smart technology and effective communication are critical in attracting and retaining happy, long-term renters Transparent property listings, smart technology and effective communication are critical in attracting and retaining happy, long-term renters

New AppFolio Survey Finds Property Managers Must Innovate to Meet Modern Renter Expectations

AppFolio Names Marcy Campbell as Chief Revenue Officer

Former Boomi and PayPal Sales and Services Leader Joins the AppFolio Executive Team Former Boomi and PayPal Sales and Services Leader Joins the AppFolio Executive Team

AppFolio Names Marcy Campbell as Chief Revenue Officer

Zacks Investment Research

3 Mid-Cap Internet Software Stocks to Buy for Stellar Returns

We have narrowed our search to three mid-cap Internet software stocks with strong potential for the rest of 2024. These are: TWLO, DAY, APPF.

3 Mid-Cap Internet Software Stocks to Buy for Stellar Returns

AppFolio: Buy This Dip, Especially On The Back Of Strong Growth, FCF

AppFolio shares have dropped ~20% after reporting Q2 results despite a strong beat-and-raise quarter. The company's outlook for the remainder of FY24 still looks conservative with plenty of deceleration baked in, creating an opportunity for upside surprises as the year goes on. AppFolio continues to move upmarket with more sophisticated product offerings for larger multifamily property managers.

AppFolio: Buy This Dip, Especially On The Back Of Strong Growth, FCF

3 Top Tech Stocks Ready for Robust Gains

Investors must always balance growth and stability in their portfolios. While employing defensive positions is essential, deploying capital in high-growth sectors like technology can be a formula that accelerates growth.

3 Top Tech Stocks Ready for Robust Gains

The Motley Fool

AppFolio's Strong Q2 Encourages Management to Raise Guidance

Revenue for Q2 2024 was $197.4 million, growing 34% year over year. AppFolio reported a GAAP operating income of $36 million, reversing an operating loss position from the previous year.

AppFolio's Strong Q2 Encourages Management to Raise Guidance

Zacks Investment Research

AppFolio (APPF) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for AppFolio (APPF) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

AppFolio (APPF) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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