AppFolio (APPF) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

APPF Stock Forecast

AppFolio stock forecast is as follows: an average price target of $278.00 (represents a 21.64% upside from APPF’s last price of $228.55) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

APPF Price Target

The average price target for AppFolio (APPF) is $278.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $212.00. This represents a potential 21.64% upside from APPF's last price of $228.55.

APPF Analyst Ratings

Buy

According to 6 Wall Street analysts, AppFolio's rating consensus is 'Buy'. The analyst rating breakdown for APPF stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

AppFolio Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 04, 2024	Peter Heckmann	D.A. Davidson	$300.00	$227.12	32.09%	31.26%
Jul 26, 2024	Brent Bracelin	Piper Sandler	$300.00	$259.07	15.80%	31.26%
Jul 26, 2024	Jason Celino	KeyBanc	$300.00	$237.90	26.10%	31.26%
Jun 10, 2024	Brent Bracelin	Piper Sandler	$295.00	$231.30	27.54%	29.07%
Aug 21, 2023	John Campbell	Stephens	$212.00	$187.76	12.91%	-7.24%
May 11, 2022	Peter Heckmann	D.A. Davidson	$88.00	$85.84	2.52%	-61.50%

Row per page

Go to

The latest AppFolio stock forecast, released on Oct 04, 2024 by Peter Heckmann from D.A. Davidson, set a price target of $300.00, which represents a 32.09% increase from the stock price at the time of the forecast ($227.12), and a 31.26% increase from APPF last price ($228.55).

AppFolio Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	4
Avg Price Target	-	$300.00	$298.75
Last Closing Price	$228.55	$228.55	$228.55
Upside/Downside	-100.00%	31.26%	30.72%

In the current month, the average price target of AppFolio stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AppFolio's last price of $228.55. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 21, 2024	Piper Sandler	Overweight	Overweight	Hold
Oct 18, 2024	KeyBanc	Overweight	Overweight	Hold
Jul 26, 2024	Piper Sandler	Overweight	Overweight	Hold
Jul 26, 2024	KeyBanc	Overweight	Overweight	Hold
Jul 18, 2024	BTIG	Buy	Buy	Hold
Jul 17, 2024	Stephens	Market Perform	Market Perform	Hold
Jun 10, 2024	Stephens	Market Perform	Market Perform	Hold
Jun 10, 2024	Piper Sandler	-	Overweight	Initialise
Mar 18, 2024	Stephens	Overweight	Overweight	Hold
Sep 01, 2023	Needham	-	Buy	Upgrade

Row per page

Go to

AppFolio's last stock rating was published by Piper Sandler on Oct 21, 2024. The company gave APPF a "Overweight" rating, the same as its previous rate.

AppFolio Financial Forecast

AppFolio Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$171.83M	-	$147.07M	$136.10M	$124.06M	$125.08M	$117.45M	$105.30M	$95.60M	$95.81M	$89.04M	$78.92M	$72.43M	$84.09M	$81.04M	$72.50M	$67.36M	$67.94M
Avg Forecast	$274.30M	$283.10M	$269.20M	$253.40M	$235.58M	$242.54M	$229.35M	$216.45M	$199.86M	$199.11M	$190.57M	$178.70M	$162.72M	$157.19M	$143.76M	$130.84M	$117.77M	$119.87M	$116.04M	$101.72M	$92.53M	$93.50M	$89.18M	$79.38M	$73.55M	$84.53M	$77.80M	$72.42M	$66.62M	$67.08M
High Forecast	$278.51M	$287.45M	$273.34M	$257.29M	$239.19M	$246.27M	$232.87M	$219.64M	$204.54M	$199.37M	$190.57M	$178.70M	$163.32M	$158.61M	$145.97M	$132.85M	$119.58M	$119.87M	$116.04M	$101.72M	$92.53M	$93.50M	$89.18M	$79.38M	$73.55M	$84.53M	$77.80M	$72.42M	$66.62M	$67.08M
Low Forecast	$270.73M	$279.41M	$265.69M	$250.10M	$232.51M	$239.38M	$226.36M	$213.26M	$196.17M	$198.85M	$190.57M	$178.70M	$161.95M	$156.00M	$141.89M	$129.14M	$116.24M	$119.87M	$116.04M	$101.72M	$92.53M	$93.50M	$89.18M	$79.38M	$73.55M	$84.53M	$77.80M	$72.42M	$66.62M	$67.08M
# Analysts	2	2	2	2	1	1	1	4	5	4	1	1	3	6	3	3	4	4	4	4	3	3	3	3	3	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.06%	-	1.02%	1.04%	1.05%	1.04%	1.01%	1.04%	1.03%	1.02%	1.00%	0.99%	0.98%	0.99%	1.04%	1.00%	1.01%	1.01%

AppFolio's average Quarter revenue forecast for Mar 24 based on 1 analysts is $178.70M, with a low forecast of $178.70M, and a high forecast of $178.70M. APPF's average Quarter revenue forecast represents a 4.00% increase compared to the company's last Quarter revenue of $171.83M (Dec 23).

AppFolio EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	5	4	1	1	3	6	3	3	4	4	4	4	3	3	3	3	3	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$34.62M	-	$6.14M	$-18.86M	$-11.74M	$528.00K	$-21.25M	$-5.90M	$12.79M	$8.44M	$10.08M	$2.98M	$6.21M	$198.69M	$14.01M	$10.32M	$7.18M	$10.49M
Avg Forecast	$7.39M	$7.63M	$7.26M	$6.83M	$6.35M	$6.54M	$6.18M	$5.83M	$5.39M	$5.37M	$5.14M	$-192.85M	$4.39M	$4.24M	$3.87M	$-206.25M	$15.48M	$7.03M	$6.81M	$-220.59M	$5.43M	$5.49M	$5.23M	$4.98M	$4.32M	$4.96M	$4.57M	$10.32M	$3.91M	$3.94M
High Forecast	$7.51M	$7.75M	$7.37M	$6.94M	$6.45M	$6.64M	$6.28M	$5.92M	$5.51M	$5.37M	$5.14M	$-154.28M	$4.40M	$4.28M	$3.93M	$-165.00M	$18.58M	$7.03M	$6.81M	$-176.47M	$5.43M	$5.49M	$5.23M	$5.97M	$4.32M	$4.96M	$4.57M	$12.38M	$3.91M	$3.94M
Low Forecast	$7.30M	$7.53M	$7.16M	$6.74M	$6.27M	$6.45M	$6.10M	$5.75M	$5.29M	$5.36M	$5.14M	$-231.41M	$4.37M	$4.20M	$3.82M	$-247.50M	$12.39M	$7.03M	$6.81M	$-264.71M	$5.43M	$5.49M	$5.23M	$3.98M	$4.32M	$4.96M	$4.57M	$8.26M	$3.91M	$3.94M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	7.89%	-	1.58%	0.09%	-0.76%	0.08%	-3.12%	0.03%	2.36%	1.54%	1.93%	0.60%	1.44%	40.05%	3.07%	1.00%	1.84%	2.66%

1 analysts predict APPF's average Quarter EBITDA for Mar 24 to be $-192.85M, with a high of $-154.28M and a low of $-231.41M. This is -656.97% lower than AppFolio's previous annual EBITDA (Dec 23) of $34.62M.

AppFolio Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	5	4	1	1	3	6	3	3	4	4	4	4	3	3	3	3	3	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$30.27M	-	$-18.90M	$-35.11M	$-19.70M	$-4.16M	$-29.97M	$-14.29M	$-1.33M	$-141.00K	$2.02M	$479.00K	$-513.00K	$137.68M	$19.26M	$1.98M	$4.43M	$4.98M
Avg Forecast	$59.18M	$74.25M	$64.69M	$59.18M	$48.68M	$55.76M	$50.62M	$46.47M	$34.55M	$37.96M	$35.18M	$-483.37M	$23.17M	$5.33M	$-9.01M	$-516.97M	$-1.61M	$-13.41M	$-9.74M	$-552.91M	$-919.65K	$2.65M	$3.53M	$800.61K	$2.65M	$6.43M	$4.35M	$1.98M	$1.23M	$3.21M
High Forecast	$60.36M	$75.73M	$65.98M	$60.36M	$49.65M	$56.88M	$51.63M	$48.99M	$37.07M	$38.07M	$35.18M	$-386.69M	$24.80M	$6.37M	$-8.85M	$-413.57M	$-1.29M	$-13.41M	$-9.74M	$-442.33M	$-919.65K	$2.65M	$3.53M	$960.74K	$2.65M	$6.43M	$4.35M	$2.38M	$1.23M	$3.21M
Low Forecast	$58.18M	$72.99M	$63.60M	$58.18M	$47.85M	$54.82M	$49.76M	$42.51M	$32.39M	$37.86M	$35.18M	$-580.04M	$22.19M	$4.55M	$-9.18M	$-620.36M	$-1.93M	$-13.41M	$-9.74M	$-663.49M	$-919.65K	$2.65M	$3.53M	$640.49K	$2.65M	$6.43M	$4.35M	$1.59M	$1.23M	$3.21M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.31%	-	2.10%	0.07%	12.23%	0.31%	3.08%	0.03%	1.45%	-0.05%	0.57%	0.60%	-0.19%	21.41%	4.43%	1.00%	3.60%	1.55%

AppFolio's average Quarter net income forecast for Mar 24 is $-483.37M, with a range of $-580.04M to $-386.69M. APPF's average Quarter net income forecast represents a -1696.95% decrease compared to the company's last Quarter net income of $30.27M (Dec 23).

AppFolio SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	5	4	1	1	3	6	3	3	4	4	4	4	3	3	3	3	3	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$40.54M	-	$45.82M	$61.09M	$54.37M	$44.99M	$64.94M	$43.88M	$36.25M	$32.77M	$31.92M	$29.54M	$26.50M	$27.84M	$28.50M	$23.08M	$23.56M	$21.59M
Avg Forecast	$98.24M	$101.40M	$96.42M	$90.76M	$84.38M	$86.87M	$82.14M	$77.52M	$71.58M	$71.31M	$68.25M	$64.00M	$58.28M	$56.30M	$51.49M	$46.86M	$43.87M	$42.93M	$41.56M	$36.43M	$33.14M	$33.49M	$31.94M	$49.37M	$26.34M	$30.28M	$27.86M	$23.08M	$23.86M	$24.02M
High Forecast	$99.75M	$102.95M	$97.90M	$92.15M	$85.67M	$88.20M	$83.41M	$78.67M	$73.26M	$71.41M	$68.25M	$64.00M	$58.49M	$56.81M	$52.28M	$47.58M	$52.64M	$42.93M	$41.56M	$36.43M	$33.14M	$33.49M	$31.94M	$59.25M	$26.34M	$30.28M	$27.86M	$27.69M	$23.86M	$24.02M
Low Forecast	$96.97M	$100.08M	$95.16M	$89.58M	$83.28M	$85.74M	$81.07M	$76.38M	$70.26M	$71.22M	$68.25M	$64.00M	$58.00M	$55.87M	$50.82M	$46.25M	$35.09M	$42.93M	$41.56M	$36.43M	$33.14M	$33.49M	$31.94M	$39.50M	$26.34M	$30.28M	$27.86M	$18.46M	$23.86M	$24.02M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.70%	-	0.89%	1.30%	1.24%	1.05%	1.56%	1.20%	1.09%	0.98%	1.00%	0.60%	1.01%	0.92%	1.02%	1.00%	0.99%	0.90%

AppFolio's average Quarter SG&A projection for Mar 24 is $64.00M, based on 1 Wall Street analysts, with a range of $64.00M to $64.00M. The forecast indicates a 57.89% rise compared to APPF last annual SG&A of $40.54M (Dec 23).

AppFolio EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	2	2	2	2	1	1	1	4	5	4	1	1	3	6	3	3	4	4	4	4	3	3	3	3	3	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.85	-	$-0.53	$-0.99	$-0.56	$-0.12	$-0.86	$-0.41	$-0.04	$-0.00	$0.06	$0.01	$-0.01	$4.01	$0.56	$0.06	$0.13	$0.15
Avg Forecast	$1.61	$2.02	$1.76	$1.61	$1.32	$1.52	$1.38	$1.26	$0.94	$1.03	$0.96	$0.88	$0.63	$0.15	$-0.24	$-0.41	$-0.40	$-0.36	$-0.27	$-0.09	$-0.03	$0.07	$0.10	$0.06	$0.07	$0.17	$0.12	$0.05	$0.03	$0.09
High Forecast	$1.64	$2.06	$1.80	$1.64	$1.35	$1.55	$1.40	$1.33	$1.01	$1.04	$0.96	$0.88	$0.67	$0.17	$-0.24	$-0.40	$-0.39	$-0.36	$-0.27	$-0.09	$-0.03	$0.07	$0.10	$0.06	$0.07	$0.17	$0.12	$0.05	$0.03	$0.09
Low Forecast	$1.58	$1.99	$1.73	$1.58	$1.30	$1.49	$1.35	$1.16	$0.88	$1.03	$0.96	$0.88	$0.60	$0.12	$-0.25	$-0.41	$-0.40	$-0.36	$-0.27	$-0.09	$-0.03	$0.07	$0.10	$0.06	$0.07	$0.17	$0.12	$0.05	$0.03	$0.09
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.35%	-	2.16%	2.44%	1.42%	0.33%	3.25%	4.66%	1.53%	-0.06%	0.63%	0.16%	-0.14%	22.91%	4.73%	1.13%	3.88%	1.71%

According to 1 Wall Street analysts, AppFolio's projected average Quarter EPS for Mar 24 is $0.88, with a low estimate of $0.88 and a high estimate of $0.88. This represents a 4.09% increase compared to APPF previous annual EPS of $0.85 (Dec 23).

AppFolio Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ASUR	Asure Software	$8.78	$14.33	63.21%	Buy
BL	BlackLine	$57.70	$88.50	53.38%	Buy
PRO	PROS	$22.15	$32.67	47.49%	Buy
AMSWA	American Software	$10.95	$15.50	41.55%	Buy
PYCR	Paycor HCM	$16.16	$22.00	36.14%	Hold
ALRM	Alarm.com	$59.76	$74.40	24.50%	Buy
APPF	AppFolio	$228.55	$278.00	21.64%	Buy
ALKT	Alkami	$37.81	$45.67	20.79%	Buy
BSY	Bentley Systems	$46.76	$52.33	11.91%	Buy
WK	Workiva	$90.17	$93.75	3.97%	Buy
NCNO	nCino	$40.05	$39.00	-2.62%	Buy
AGYS	Agilysys	$123.14	$116.20	-5.64%	Buy
GBTG	Global Business Travel Group	$9.15	$8.50	-7.10%	Buy
BLKB	Blackbaud	$83.50	$74.33	-10.98%	Buy
QTWO	Q2	$99.61	$77.15	-22.55%	Buy

APPF Forecast FAQ

Is AppFolio a good buy?

Yes, according to 6 Wall Street analysts, AppFolio (APPF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of APPF's total ratings.

What is APPF's price target?

AppFolio (APPF) average price target is $278 with a range of $212 to $300, implying a 21.64% from its last price of $228.55. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will AppFolio stock go up soon?

According to Wall Street analysts' prediction for APPF stock, the company can go up by 21.64% (from the last price of $228.55 to the average price target of $278), up by 31.26% based on the highest stock price target, and down by -7.24% based on the lowest stock price target.

Can AppFolio stock reach $300?

APPF's average twelve months analyst stock price target of $278 does not support the claim that AppFolio can reach $300 in the near future.

What are AppFolio's analysts' financial forecasts?

AppFolio's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $923.91M (high $937.97M, low $911.51M), average EBITDA is $24.9M (high $25.28M, low $24.57M), average net income is $201.53M (high $207.15M, low $194.94M), average SG&A $330.91M (high $335.95M, low $326.47M), and average EPS is $5.48 (high $5.64, low $5.3). APPF's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.08B (high $1.1B, low $1.07B), average EBITDA is $29.11M (high $29.56M, low $28.73M), average net income is $257.29M (high $262.43M, low $252.94M), average SG&A $386.82M (high $392.76M, low $381.78M), and average EPS is $7 (high $7.14, low $6.88).

Did the APPF's actual financial results beat the analysts' financial forecasts?

Based on AppFolio's last annual report (Dec 2023), the company's revenue was $620.44M, beating the average analysts forecast of $594.51M by 4.36%. Apple's EBITDA was $36.81M, missing the average prediction of $-194M by -119.00%. The company's net income was $2.7M, missing the average estimation of $-497M by -100.54%. Apple's SG&A was $191.71M, missing the average forecast of $212.93M by -9.97%. Lastly, the company's EPS was $0.0758, missing the average prediction of $0.125 by -39.48%. In terms of the last quarterly report (Dec 2023), AppFolio's revenue was $171.83M, beating the average analysts' forecast of $162.72M by 5.60%. The company's EBITDA was $34.62M, beating the average prediction of $4.39M by 689.43%. AppFolio's net income was $30.27M, beating the average estimation of $23.17M by 30.66%. The company's SG&A was $40.54M, missing the average forecast of $58.28M by -30.45%. Lastly, the company's EPS was $0.85, beating the average prediction of $0.63 by 34.87%