Here’s What Analysts Are Saying About AppFolio (APPF)

Core Viewpoint - AppFolio, Inc. (NASDAQ:APPF) is identified as an oversold stock with strong growth metrics, despite recent price target reductions by analysts following its fiscal Q4 and full year 2025 earnings report [1][2][3]. Financial Performance - In fiscal Q4 2025, AppFolio reported a revenue increase of 22% year-over-year, reaching $248 million [1]. - The total units under management grew by 8% year-over-year to 9.4 million [1]. - For the full year 2025, revenue increased by 20% year-over-year to $951 million [1]. - GAAP operating income for the year was $153 million, representing 16.1% of revenue, compared to $136 million or 17.1% of revenue in 2024 [1]. Analyst Reactions - DA Davidson reduced its price target for AppFolio from $325 to $275 while maintaining a Buy rating, citing weaker-than-expected value-added services revenue and a cautious 2026 outlook [2]. - Piper Sandler also lowered its price target from $350 to $245 but maintained an Overweight rating, suggesting that the recent selloff may be overdone despite investor concerns regarding visibility into the business [3]. Company Overview - AppFolio, Inc. provides cloud-based business software solutions, data analytics, and services tailored for the real estate industry, including AppFolio Property Manager and AppFolio Investment Management [4].