AppFolio, Inc. (APPF)
NASDAQ: APPF · IEX Real-Time Price · USD
247.16
+3.80 (1.56%)
Jul 2, 2024, 4:00 PM EDT - Market closed
AppFolio Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for AppFolio stock have an average target of 254.33, with a low estimate of 237 and a high estimate of 295. The average target predicts an increase of 2.90% from the current stock price of 247.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AppFolio stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Initiates $295 | Buy | Initiates | $295 | +19.36% | Jun 10, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $241 | Buy | Reiterates | $241 | -2.49% | Apr 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $215 → $238 | Hold | Maintains | $215 → $238 | -3.71% | Apr 26, 2024 |
| Keybanc | Keybanc | Buy Maintains $264 → $275 | Buy | Maintains | $264 → $275 | +11.26% | Apr 26, 2024 |
| Keybanc | Keybanc | Buy Maintains $254 → $264 | Buy | Maintains | $254 → $264 | +6.81% | Mar 18, 2024 |
Financial Forecast
Revenue This Year
788.32M
from 620.45M
Increased by 27.06%
Revenue Next Year
946.16M
from 788.32M
Increased by 20.02%
EPS This Year
4.06
from 0.07
Increased by 5,705.68%
EPS Next Year
5.27
from 4.06
Increased by 29.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 813.0M | 1.0B | 1.2B |
| Avg | 788.3M | 946.2M | 1.1B |
| Low | 754.9M | 890.7M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.0% | 27.1% | 23.1% |
| Avg | 27.1% | 20.0% | 19.6% |
| Low | 21.7% | 13.0% | 15.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.26 | 5.99 | 6.58 |
| Avg | 4.06 | 5.27 | 6.40 |
| Low | 3.84 | 4.65 | 6.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5,990.0% | 47.3% | 24.8% |
| Avg | 5,705.7% | 29.8% | 21.2% |
| Low | 5,388.0% | 14.3% | 16.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.