Q3 Earnings Forecast for AppFolio Issued By DA Davidson

AppFolio, Inc. (NASDAQ:APPF) – Investment analysts at DA Davidson issued their Q3 2025 earnings per share estimates for AppFolio in a report released on Friday, August 1st. DA Davidson analyst G. Luria anticipates that the software maker will earn $1.07 per share for the quarter. DA Davidson has a “Buy” rating and a $350.00 price target 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 $3.92 EPS and FY2026 earnings at $4.66 EPS.

AppFolio (NASDAQ:APPF) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.11. The firm had revenue of $235.58 million during the quarter, compared to the consensus estimate of $230.10 million. AppFolio had a return on equity of 26.32% and a net margin of 23.54%. AppFolio’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.12 earnings per share.

A number of other research analysts also recently commented on the company. Piper Sandler raised AppFolio from a “neutral” rating to an “overweight” rating and increased their price target for the company from $240.00 to $350.00 in a report on Friday. Keefe, Bruyette & Woods raised AppFolio from an “underperform” rating to a “market perform” rating and increased their target price for the stock from $205.00 to $267.00 in a report on Thursday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, AppFolio presently has a consensus rating of “Moderate Buy” and a consensus price target of $303.00.

AppFolio Stock Performance

Shares of APPF opened at $319.15 on Monday. The company has a market capitalization of $11.50 billion, a P/E ratio of 57.61 and a beta of 0.95. AppFolio has a one year low of $189.01 and a one year high of $320.36. The stock has a 50-day moving average price of $235.88 and a 200 day moving average price of $226.47.

Insider Activity at AppFolio

In other AppFolio news, CEO William Shane Trigg sold 5,900 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $211.45, for a total transaction of $1,247,555.00. Following the transaction, the chief executive officer owned 70,647 shares of the company’s stock, valued at $14,938,308.15. This trade represents a 7.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Elizabeth Erin Barat sold 4,682 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $227.79, for a total value of $1,066,512.78. Following the sale, the insider owned 17,926 shares in the company, valued at $4,083,363.54. The trade was a 20.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 18,500 shares of company stock worth $4,024,220 and have sold 14,639 shares worth $3,433,222. 4.68% of the stock is currently owned by corporate insiders.

Institutional Trading of AppFolio

A number of institutional investors and hedge funds have recently made changes to their positions in APPF. American Century Companies Inc. raised its stake in AppFolio by 16.4% during the 4th quarter. American Century Companies Inc. now owns 4,693 shares of the software maker’s stock valued at $1,158,000 after acquiring an additional 661 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in AppFolio by 15.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 3,133 shares of the software maker’s stock valued at $773,000 after acquiring an additional 417 shares in the last quarter. Alliancebernstein L.P. raised its stake in AppFolio by 11.4% during the 4th quarter. Alliancebernstein L.P. now owns 30,749 shares of the software maker’s stock valued at $7,586,000 after acquiring an additional 3,142 shares in the last quarter. Geode Capital Management LLC raised its stake in AppFolio by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 416,508 shares of the software maker’s stock valued at $102,791,000 after acquiring an additional 3,476 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in AppFolio by 2.3% during the 4th quarter. Russell Investments Group Ltd. now owns 33,901 shares of the software maker’s stock valued at $8,364,000 after acquiring an additional 755 shares in the last quarter. 85.19% of the stock is currently owned by institutional investors and hedge funds.

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.