Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
26 June 2015Website:
http://www.appfolioinc.comNext earnings report:
24 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 04 Nov 2024 21:03:53 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
APPF Latest News
AppFolio Realm-X saves property managers over 10 hours of work per week and transforms the resident experience AppFolio Realm-X saves property managers over 10 hours of work per week and transforms the resident experience
AppFolio (APPF) possesses solid growth attributes, which could help it handily outperform the market.
I maintain a buy rating for AppFolio due to its strong growth potential and favorable macroeconomic conditions supporting new home demand. AppFolio reported 24% y/y revenue growth in the latest quarter, driven by core solutions and value-added services, with expanding margins and strong operating leverage. The integration of LiveEasy and upcoming product enhancements, including AI-driven tools, position AppFolio to capture more market share and improve productivity.
AppFolio delivered tremendous Q3 results, beating Wall Street's expectations by a wide mile and also boosting its full-year outlook. Its latest outlook calls for 27% y/y growth in FY24 (versus 24-25% growth previously) driven by sales expansion, with a new Chief Revenue Officer enhancing its growth prospects. AppFolio's comprehensive platform, AI innovations, and secular tailwinds in the rental market position it as a high-quality, growth-oriented investment despite its premium valuation.
Incremental revenue is dropping straight to the bottom line.
While the top- and bottom-line numbers for AppFolio (APPF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
In the closing of the recent trading day, AppFolio (APPF) stood at $226.53, denoting a +0.11% change from the preceding trading day.
AppFolio (APPF) concluded the recent trading session at $223.31, signifying a -1.68% move from its prior day's close.
The latest trading day saw AppFolio (APPF) settling at $235.40, representing a +0.37% change from its previous close.
Here is how AppFolio (APPF) and HashiCorp, Inc. (HCP) have performed compared to their sector so far this year.
What type of business is AppFolio?
AppFolio, Inc. is a developer of cloud-based business software. Founded in 2006, the company's headquarters is located in Santa Barbara, California. AppFolio, Inc. owns 12 patents for its technologies, registered trademarks "AppFolio" and "MyCase", and is the registered owner of numerous domestic and international domain names, including "appfolioinc.com", "appfolio.com", "mycase.com", and similar variations. The company's software solutions, optimized for mobile devices, allow clients to work anytime, anywhere, on multiple devices. Its property management software provides small and medium-sized real estate businesses with a comprehensive solution tailored to their needs.
What sector is AppFolio in?
AppFolio is in the Technology sector
What industry is AppFolio in?
AppFolio is in the Software Application industry
What country is AppFolio from?
AppFolio is headquartered in United States
When did AppFolio go public?
AppFolio initial public offering (IPO) was on 26 June 2015
What is AppFolio website?
https://www.appfolioinc.com
Is AppFolio in the S&P 500?
No, AppFolio is not included in the S&P 500 index
Is AppFolio in the NASDAQ 100?
No, AppFolio is not included in the NASDAQ 100 index
Is AppFolio in the Dow Jones?
No, AppFolio is not included in the Dow Jones index
When was AppFolio the previous earnings report?
No data
When does AppFolio earnings report?
The next expected earnings date for AppFolio is 24 January 2025