Core Viewpoint - AppFolio has demonstrated strong stock performance and growth potential, driven by its innovative use of AI in property management and strategic partnerships, despite facing high valuation concerns [1][9][10]. Group 1: Stock Performance - AppFolio shares have increased by 11% over the past three months, outperforming the Zacks Computer Technology sector (8.8%), Zacks Internet Software industry (10.1%), and the S&P 500 (4.7%) [1]. - The company's stock currently trades at a forward 12-month price-to-earnings (P/E) multiple of 44.2X, which is significantly higher than the industry average of 35.79X [9]. Group 2: Growth Expectations - AppFolio has a Growth Score of A, indicating strong growth quality and sustainability, with earnings expected to improve by 28.3% in 2025 and 21.9% in 2026 [2]. - Revenue is anticipated to increase by 18.2% in 2025 and 17.5% in 2026 [2]. Group 3: Technological Advancements - The company is integrating artificial intelligence into its platform to enhance customer onboarding and streamline workflows, addressing traditional barriers in property management software adoption [3]. - Recent upgrades include the introduction of generative AI and Realm-X, a conversational AI assistant that automates tasks and improves operational efficiency [5]. Group 4: Strategic Partnerships - AppFolio's collaborations with industry leaders like DocuSign, AvidXchange, and Amazon have enhanced its service offerings, simplifying contract management and automating package management [6][7]. - These partnerships have contributed to a steady growth trajectory, with a reported customer base of 20,403 in Q3 2024, reflecting a 5.1% year-over-year increase [7]. Group 5: Valuation Concerns - Despite strong growth prospects, AppFolio's high valuation raises concerns about limited upside potential in the near term, as indicated by its Zacks Value Style Score of F [9][10].

Stock Performance - AppFolio closed at $251 05, marking a -0 66% move from the prior day [1] - The stock's change was less than the S&P 500's daily gain of 0 55% [1] - The Dow lost 0 06%, while the Nasdaq added 1 24% [1] Earnings and Revenue Projections - AppFolio's upcoming earnings release is projected to have an EPS of $0 96, reflecting a 9 09% increase from the same quarter last year [2] - Revenue is expected to be $200 01 million, indicating a 16 4% increase compared to the same quarter of the previous year [2] Analyst Estimates and Revisions - Recent changes to analyst estimates for AppFolio often mirror shifting dynamics of short-term business patterns [3] - Positive estimate revisions are considered a sign of optimism about the company's business outlook [3] - Changes in estimates have a direct relationship with upcoming stock price performance [4] Zacks Rank and Valuation - AppFolio is currently a Zacks Rank 3 (Hold) [5] - The Zacks Rank system has a track record of exceeding expectations, with 1 stocks delivering an average annual return of +25% since 1988 [5] - AppFolio has a Forward P/E ratio of 44 68, signifying a premium compared to the industry average of 41 55 [6] Industry Overview - The Internet - Software industry is part of the Computer and Technology sector and has a Zacks Industry Rank of 23, placing it in the top 10% of all 250+ industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

AppFolio (APPF) closed the most recent trading day at $252.67, moving +1.45% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.1%. On the other hand, the Dow registered a gain of 0.91%, and the technology-centric Nasdaq increased by 1.35%.The the stock of property management software maker has fallen by 0.8% in the past month, lagging the Computer and Technology sector's gain of 5.09% and the S&P 500's gain of 0.22%.The investment community will be paying clos ...

AppFolio (APPF) ended the recent trading session at $261.51, demonstrating a -0.81% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.39%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq lost 0.32%.Shares of the property management software maker witnessed a gain of 14.97% over the previous month, beating the performance of the Computer and Technology sector with its gain of 7.63% and the S&P 500's gain of 3.6%.The investment community will be payin ...

AppFolio (APPF) closed at $260.32 in the latest trading session, marking a +1.45% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.82%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq gained 1.77%.Shares of the property management software maker witnessed a gain of 9.08% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.43% and the S&P 500's gain of 0.8%.Analysts and investors alike will be keeping a close eye o ...

The latest trading session saw AppFolio (APPF) ending at $269.26, denoting a +0.44% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.55%, and the technology-centric Nasdaq decreased by 0.18%.Coming into today, shares of the property management software maker had gained 17.52% in the past month. In that same time, the Computer and Technology sector gained 7.09%, while the S&P 500 gained 6.66%.Investors will be eagerl ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the ...

The latest trading session saw AppFolio (APPF) ending at $253.75, denoting a -0.42% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.56%. Elsewhere, the Dow gained 0.42%, while the tech-heavy Nasdaq added 0.83%.The property management software maker's shares have seen an increase of 22.59% over the last month, surpassing the Computer and Technology sector's gain of 0.44% and the S&P 500's gain of 3.11%.The investment community will be paying close attent ...

AppFolio (APPF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, APPF crossed above the 200-day moving average, suggesting a long-term bullish trend. The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level. Over ...

SANTA BARBARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced Reedy & Company, a leading Memphis-based property management company has signed a five-year contract and is fully integrated with AppFolio's suite of products to support its entire portfolio. Reedy & Company manages a diverse portfolio of more than 3,500 properties including multi-family, single-family, affordable housing and commercial unit ...