Inside the research

AppFolio, Inc.

APPF Research profile · latest available data

Price overview

$204.22

▼ -0.21 (-0.1%)

52w hi$282.58
52w lo$143.34
Vol151.60K
As of25 Sep 2026

The Verdict

Buy

Our score +0.54

Short+0.25
Medium+0.77
Long+0.68

computed 2026-09-27

Key fundamentals

AppFolio, Inc.

Technology · Software - Application

Market cap$7.23B
Enterprise value$7.05B
Trailing P/E46.52x
Forward P/E24.22x
EV / EBITDA36.19x
P / S (ttm)6.95x
Profit margin15.1%
Return on equity32.1%
Revenue growth+19.3%
Earnings growth+18.2%
Debt / equity6.80

Layer Breakdown

LayerRawContribution
Fundamental+0.29
Sector+0.15
Technical+0.27
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

AppFolio, Inc., together with its subsidiaries, provides cloud-based platform for the real estate industry in the United States. The company provides a cloud-based platform that assist with accounting, reporting, marketing, leasing, maintenance, workflow automation, and communication services. It offers AppFolio Property Manager Core, a platform that provides the accounting functionalities for small property management companies, as well as serves as a system of record; AppFolio Property Manager Plus, which offers affordable housing and student housing, advanced accounting, advanced data analysis, and read-only API access services; and AppFolio Property Manager Max that provides customer relationship management tools and full database access through a read and write application programming interface services. The company also provides value-added services, such as electronic payment, tenant screening, maintenance, business optimization, resident, and risk mitigation services. It serves property managers, property investors, potential residents, residents, and vendors. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

United States · www.appfolio.com

Risk Metrics

Beta vs SPX0.76
Corr SPX0.28
Annual vol44.3%
Annual ret+3.0%
Sharpe0.07
Max DD-55.4%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$228.36
High / Low$300.00 / $177.91
Median$225.50
Analysts8
Strong Buy3
Buy6
Hold0
Sell0
Strong Sell0

Recent rating actions

2026-04-24Piper Sandler→ Overweight
2026-04-24Benchmark→ Buy
2026-03-26Benchmark→ Buy
2026-01-30Piper Sandler→ Overweight
2026-01-30Keefe, Bruyette & Woods→ Outperform
2026-01-30JP Morgan→ Overweight

Material Events

DateEvent8-K
2026-07-23Earnings Release, Exhibitsread
2026-07-01Officer / Director Changeread
2026-06-15Shareholder Voteread
2026-04-23Earnings Releaseread
2026-04-10Officer / Director Change, Exhibitsread
2026-01-29Earnings Release, Exhibitsread
2026-01-15Officer / Director Changeread
2025-12-03Officer / Director Change, Exhibitsread
2025-11-18Reg FD Disclosure, Exhibitsread
2025-10-30Earnings Release, Officer / Director Change…read
2025-10-03Material Agreement, Material Obligation…read
2025-08-07Officer / Director Changeread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-13DUCA MAURICE J10%OwnerSell315$61.83K
2026-08-13DUCA MAURICE J10%OwnerSell164$32.36K
2026-08-13DUCA MAURICE J10%OwnerSell134$26.58K
2026-08-13DUCA MAURICE J10%OwnerSell15$3.00K
2026-08-13DUCA MAURICE J10%OwnerSell60$12.11K
2026-08-13DUCA MAURICE J10%OwnerSell90$18.37K
2026-08-13DUCA MAURICE J10%OwnerSell150$30.73K
2026-08-13DUCA MAURICE J10%OwnerSell165$34.01K
2026-08-13DUCA MAURICE J10%OwnerSell919$178.78K
2026-08-13DUCA MAURICE J10%OwnerSell866$169.41K

Flow & Concentration

Insider 180d net-$9.67M
Insider buys / sells0 / 95
Insider biasSellers
13F holders8
Top-5 share95.8%
HHI3,281 (concentrated)

Top Holders

HolderValueShares
State Street Corp$122.85M766.13K
Fidelity / FMR LLC$40.26M251.07K
Renaissance Technologies$29.80M185.84K
Capital Research / Capital World$22.08M137.69K
Millennium Management$11.13M69.42K
Citadel Advisors$8.69M54.20K
AQR Capital Management$1.15M7.24K
T. Rowe Price Group$112.30K700.36K

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-144view
2026-08-144view
2026-08-124view
2026-08-124view
2026-08-124view
2026-08-124view
2026-08-124view
2026-08-124view
2026-08-124view
2026-08-104view
2026-08-104view
2026-08-074view
2026-08-064view
2026-08-064view
2026-08-044view

The Long Run

FY 2015–2025 · 11 years

LineLatestCAGRTrend
Revenue$620.45M+37.0%
Operating income$963.00K-36.5%
Net income$140.92M+38.5%
Cash from ops$60.28M+71.3%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$202.57$205.66$201.76$204.22151.60K
Sep 24$211.00$212.54$203.72$204.43202.80K
Sep 23$206.35$211.01$206.35$210.01268.10K
Sep 22$213.41$214.00$202.65$206.27336.30K
Sep 21$215.29$216.98$209.42$209.84231.80K

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