Wall Street Analysts See AppFolio (APPF) as a Buy: Should You Invest?

Group 1 - AppFolio (APPF) has an average brokerage recommendation (ABR) of 2.00, indicating a Buy based on recommendations from seven brokerage firms, with 57.1% of these being Strong Buy [2][4] - The ABR is calculated solely from brokerage recommendations, which may not always align with retail investors' interests, leading to potential biases in stock ratings [5][6][9] - The Zacks Rank, a different rating system, categorizes stocks based on earnings estimate revisions and is considered a more reliable indicator of near-term stock performance [7][10] Group 2 - The Zacks Consensus Estimate for AppFolio's earnings for the current year remains unchanged at $5.37, suggesting stable analyst views on the company's earnings prospects [12] - Due to the unchanged consensus estimate and other factors, AppFolio holds a Zacks Rank 3 (Hold), indicating caution despite the Buy-equivalent ABR [13]