What is DA Davidson’s Forecast for AppFolio Q2 Earnings?

AppFolio, Inc. (NASDAQ:APPF) – Investment analysts at DA Davidson issued their Q2 2025 EPS estimates for AppFolio in a report released on Tuesday, July 22nd. DA Davidson analyst G. Luria expects that the software maker will earn $0.97 per share for the quarter. DA Davidson currently has a “Strong-Buy” rating on the stock. The consensus estimate for AppFolio’s current full-year earnings is $3.96 per share. DA Davidson also issued estimates for AppFolio’s FY2025 earnings at $3.76 EPS and FY2026 earnings at $4.42 EPS.

AppFolio (NASDAQ:APPF) last posted its earnings results on Thursday, April 24th. The software maker reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.02). The business had revenue of $217.70 million for the quarter, compared to analyst estimates of $220.95 million. AppFolio had a net margin of 23.87% and a return on equity of 25.83%. AppFolio’s revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the business earned $1.05 earnings per share.

Other analysts have also recently issued reports about the company. Keefe, Bruyette & Woods decreased their target price on AppFolio from $210.00 to $205.00 and set an “underweight” rating for the company in a research report on Friday, April 25th. Piper Sandler upped their price objective on shares of AppFolio from $208.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $261.33.

AppFolio Stock Performance

APPF opened at $261.43 on Thursday. The business’s 50 day moving average price is $227.70 and its 200 day moving average price is $225.78. AppFolio has a one year low of $189.01 and a one year high of $273.00. The stock has a market capitalization of $9.42 billion, a PE ratio of 48.77 and a beta of 0.88.

Insider Activity at AppFolio

In other news, CFO Timothy Mathias Eaton sold 1,057 shares of the firm’s stock in a transaction on Friday, May 16th. The stock was sold at an average price of $221.13, for a total transaction of $233,734.41. Following the completion of the sale, the chief financial officer directly owned 7,176 shares of the company’s stock, valued at $1,586,828.88. This trade represents a 12.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO William Shane Trigg sold 5,900 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $211.45, for a total value of $1,247,555.00. Following the completion of the sale, the chief executive officer owned 70,647 shares in the company, valued at $14,938,308.15. This trade represents a 7.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders purchased 18,500 shares of company stock valued at $4,024,220 and sold 11,639 shares valued at $2,547,802. 4.68% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On AppFolio

Large investors have recently made changes to their positions in the business. Woodline Partners LP grew its position in shares of AppFolio by 2.9% during the 1st quarter. Woodline Partners LP now owns 1,754 shares of the software maker’s stock valued at $386,000 after acquiring an additional 50 shares during the period. Treasurer of the State of North Carolina lifted its position in AppFolio by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 9,960 shares of the software maker’s stock valued at $2,457,000 after acquiring an additional 60 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of AppFolio by 53.0% during the first quarter. Fifth Third Bancorp now owns 179 shares of the software maker’s stock valued at $39,000 after buying an additional 62 shares during the last quarter. Tidal Investments LLC lifted its stake in AppFolio by 4.7% during the 4th quarter. Tidal Investments LLC now owns 1,492 shares of the software maker’s stock valued at $368,000 after acquiring an additional 67 shares during the period. Finally, Somerset Trust Co lifted its holdings in AppFolio by 6.7% in the second quarter. Somerset Trust Co now owns 1,105 shares of the software maker’s stock valued at $254,000 after acquiring an additional 69 shares during the period. 85.19% of the stock is currently owned by institutional investors.

About AppFolio

AppFolio, Inc, together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties.