AppFolio, Inc. (NASDAQ:APPF) Stock Has Average Price Target of $245.38

AppFolio, Inc. (NASDAQ:APPF) has received a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $250.00.

A number of brokerages recently weighed in on APPF. UBS Group boosted their target price on shares of AppFolio from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday. Wall Street Zen downgraded shares of AppFolio from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. DA Davidson lifted their price objective on shares of AppFolio from $240.00 to $250.00 and gave the company a “buy” rating in a research report on Friday. Zacks Research lowered shares of AppFolio from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 23rd. Finally, KeyCorp reaffirmed an “overweight” rating on shares of AppFolio in a report on Wednesday, October 14th.

Insider Buying and Selling

In other AppFolio news, major shareholder Maurice Duca sold 7,200 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $194.72, for a total transaction of $1,401,984.00. Following the transaction, the insider owned 24,224 shares of the company’s stock, valued at $4,716,897.28. The trade was a 22.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 141,817 shares of company stock worth $27,942,484 in the last three months. Company insiders own 1.57% of the company’s stock.

Institutional Trading of AppFolio

Several institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. increased its holdings in shares of AppFolio by 20.9% during the 1st quarter. Principal Financial Group Inc. now owns 1,505,882 shares of the software maker’s stock worth $237,665,000 after acquiring an additional 259,933 shares during the last quarter. Nellore Capital Management LLC lifted its holdings in AppFolio by 2.9% during the 2nd quarter. Nellore Capital Management LLC now owns 654,865 shares of the software maker’s stock valued at $105,008,000 after purchasing an additional 18,563 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in AppFolio by 6.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 384,529 shares of the software maker’s stock valued at $60,686,000 after purchasing an additional 23,428 shares during the last quarter. Bank of America Corp DE lifted its holdings in AppFolio by 21.7% during the 1st quarter. Bank of America Corp DE now owns 345,603 shares of the software maker’s stock valued at $54,543,000 after purchasing an additional 61,641 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in AppFolio by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 296,627 shares of the software maker’s stock worth $46,812,000 after purchasing an additional 9,600 shares during the period. Institutional investors own 85.19% of the company’s stock.

AppFolio Price Performance

APPF stock opened at $210.62 on Friday. The business has a 50 day moving average price of $212.29 and a two-hundred day moving average price of $183.15. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 44.43 and a beta of 0.89. AppFolio has a twelve month low of $142.56 and a twelve month high of $265.02.

AppFolio (NASDAQ:APPF) last posted its quarterly earnings results on Thursday, October 22nd. The software maker reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.03. AppFolio had a return on equity of 33.56% and a net margin of 15.62%. The firm had revenue of $295.69 million for the quarter, compared to analyst estimates of $294.46 million. During the same quarter in the previous year, the firm earned $1.31 EPS. The business’s quarterly revenue was up 18.5% on a year-over-year basis. On average, equities research analysts anticipate that AppFolio will post 5.19 EPS for the current fiscal year.

Key Stories Impacting AppFolio

Here are the key news stories impacting AppFolio this week:

• Positive Sentiment: AppFolio reported third-quarter 2026 revenue of $295.7 million, up 19% year over year, while adjusted earnings of $1.82 per share exceeded analyst estimates of approximately $1.78-$1.79. AppFolio Third-Quarter 2026 Financial Results
• Positive Sentiment: The company raised its full-year 2026 outlook, anticipating revenue of $1.122 billion to $1.127 billion and a non-GAAP operating margin of 26.5% to 27.5%, signaling continued growth and operating leverage. AppFolio Raises 2026 Outlook
• Positive Sentiment: UBS increased its price target for APPF to $240 from $220, although it retained a Neutral rating. UBS Adjusts AppFolio Price Target
• Neutral Sentiment: Wall Street analysts now collectively rate AppFolio “Moderate Buy,” suggesting constructive sentiment but not a unanimous bullish view. AppFolio Receives Moderate Buy Rating
• Negative Sentiment: Despite the earnings beat and stronger outlook, the stock is trading near its 50-day average at a relatively elevated earnings multiple, leaving it vulnerable to profit-taking if investors expected a larger forecast increase.
• Negative Sentiment: Broader risk-off trading, including an AI-related market selloff and weakness in major technology stocks, is adding pressure to software shares such as AppFolio. Market Selloff and AI Meltdown

About AppFolio

AppFolio, Inc is a cloud-based software company that provides technology solutions for the real estate industry. Its platform is designed primarily for property management businesses, helping them manage accounting, leasing, maintenance, communications, payments, reporting and other operational activities through a centralized system.

The company’s products serve a range of property managers, including those overseeing residential, commercial, community association, student housing and senior living properties.