AppFolio, Inc., together with its subsidiaries, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The company offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems; and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provide tools and services designed to streamline their real estate investment management businesses. It also provides Value+ services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as artificial intelligence leasing assistant, tenant screening, electronic payment, utility management, maintenance contact center, tenant debt collection, and mailing services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.
IPO Year: 2015
Exchange: NASDAQ
Website: appfolioinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/1/2025 | $350.00 | Neutral → Overweight | Piper Sandler |
7/31/2025 | $267.00 | Underperform → Mkt Perform | Keefe Bruyette |
1/10/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
1/6/2025 | $265.00 | Overweight → Neutral | Piper Sandler |
10/15/2024 | $255.00 → $193.00 | Mkt Perform → Underperform | Keefe Bruyette |
6/11/2024 | $295.00 | Overweight | Piper Sandler |
1/19/2024 | $215.00 | Buy | BTIG Research |
9/1/2023 | $155.00 → $230.00 | Neutral → Buy | DA Davidson |
8/28/2023 | Mkt Perform → Outperform | William Blair | |
8/21/2023 | $184.00 → $212.00 | Equal-Weight → Overweight | Stephens |
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SANTA BARBARA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the second quarter ended June 30, 2025. "Our second quarter results reflect that we continue to win in the market," said Shane Trigg, President and CEO, AppFolio. "Our customers are seeing tangible performance benefits by adopting our central, AI-native platform, with 96% of customers having used one or more of our AI-powered solutions. AppFolio is proving to be a competitive advantage for ambitious property management businesses." Financial Highlights for Second
SANTA BARBARA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced that its Board of Directors has appointed Tim Eaton as the Chief Financial Officer of AppFolio, effective July 30, 2025. Eaton's appointment follows a distinguished tenure at AppFolio, where he most recently served as Interim Chief Financial Officer since October 2024. Since joining AppFolio in 2020, he has also held other key positions including Chief of Staff to the CEO and various other leadership roles. Before joining AppFolio, Eaton built a strong foundation through his work in financial, strategic, and operational pos
SANTA BARBARA, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its second quarter 2025 financial results after the close of the U.S. financial markets on Thursday, July 31, 2025. In conjunction with this announcement, AppFolio will host a conference call on Thursday, July 31, 2025, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/ijgr58yt. To access the call by phone, please go to the following link: https://register-conf.media-server.com/register/BIdccd543a8ef7485c8f06cd2837c68ea9, and you will be provi
SANTA BARBARA, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced that it has been selected by Northpoint Asset Management to power its operations. Headquartered in Salt Lake City, UT, Northpoint is a full-service property management company for long-term single and multifamily rental homes, managing over 8,000 units. With more than $5 billion in real estate assets managed, Northpoint identified the need for a performance-first platform that could unify data, streamline operations, and deliver real-time insights to owners. Northpoint chose AppFolio Property Manager Max, an enterprise-grade
LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced its latest innovations at NAA Apartmentalize 2025, including the next evolution of AppFolio Realm-X – its embedded generative AI – through the introduction of Realm-X Performers, designed to automate complex workflows through advanced agentic operations. According to the 2025 AppFolio Property Management Benchmark Report, the number one concern property managers face is maintaining high occupancy rates. Traditional property management systems were built to manage tasks rather than delivering outcomes, preventing operators from unlocking sust
Report reveals growing appetite for services that deliver convenience Property managers must elevate the resident experience to attract renters amid rising competition SANTA BARBARA, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today released its 2025 AppFolio Renter Preferences Report. Drawing on insights from over 2,000 U.S. renters, the report outlines key strategies for property managers to gain an edge in a competitive market shaped by rising costs, higher vacancies, and slower rent growth. Residents Want Services That Offer Convenience in Their Daily LivesToday's renters expect property man
SANTA BARBARA, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the first quarter ended March 31, 2025. "AppFolio's first quarter results underscore that our ongoing commitment to delivering industry-leading innovation and exceptional service is driving new customer adoption of our products and services," said Shane Trigg, President and CEO, AppFolio. "By connecting our acquisition of LiveEasy with new industry leading partners, such as Zillow and Second Nature, all enabled through FolioSpace, we have accelerated our resident
SANTA BARBARA, CA and RALEIGH, N.C., April 17, 2025 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), a technology leader powering the future of the real estate industry, and Second Nature, a proptech company and leader in the resident experience, today announced a strategic partnership to enhance the resident experience for the millions of residents their customers serve. Through this partnership, AppFolio customers will have the ability to offer Second Nature's suite of services within the AppFolio Stack™ partner ecosystem. By integrating Second Nature's offered benefits, property managers can offer valuable programs including credit building, air filter delivery, pest control, rewards, and
SANTA BARBARA, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its first quarter 2025 financial results after the close of the U.S. financial markets on Thursday, April 24, 2025. In conjunction with this announcement, AppFolio will host a conference call on Thursday, April 24, 2025, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/994jmsnj. To access the call by phone, please go to the following link: https://register-conf.media-server.com/register/BIec9db96ea67145e5b35acbb6ce94b6ad, and you will be pro
SANTA BARBARA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. "I am proud of our strong performance in 2024 as we continue to deliver value to our customers through differentiated industry-leading innovation," said Shane Trigg, President and CEO, AppFolio. "Our investments in AI and the resident experience are translating into meaningful outcomes for our customers and fueling our mission to build the platform where the real estate industry comes to do business. We ar
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
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Piper Sandler upgraded AppFolio from Neutral to Overweight and set a new price target of $350.00
Keefe Bruyette upgraded AppFolio from Underperform to Mkt Perform and set a new price target of $267.00
KeyBanc Capital Markets downgraded AppFolio from Overweight to Sector Weight
Piper Sandler downgraded AppFolio from Overweight to Neutral and set a new price target of $265.00
Keefe Bruyette downgraded AppFolio from Mkt Perform to Underperform and set a new price target of $193.00 from $255.00 previously
Piper Sandler initiated coverage of AppFolio with a rating of Overweight and set a new price target of $295.00
BTIG Research initiated coverage of AppFolio with a rating of Buy and set a new price target of $215.00
DA Davidson upgraded AppFolio from Neutral to Buy and set a new price target of $230.00 from $155.00 previously
William Blair upgraded AppFolio from Mkt Perform to Outperform
Stephens upgraded AppFolio from Equal-Weight to Overweight and set a new price target of $212.00 from $184.00 previously
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Live Leadership Updates
SAN DIEGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced the speaker line-up for FUTURE: The Real Estate Conference by AppFolio. The event will convene real estate professionals, speakers, technologists, and industry leaders for three days of innovation from October 28-30, 2024 in San Diego, CA. New York Times #1 Best-Selling Author Daniel Pink and Three-Time Olympic Gold Medalist Kerri Walsh Jennings will deliver inspiring keynotes on the mainstage, which will also include talks from AppFolio CEO Shane Trigg, SVP of Product Kyle Triplett, and Industry Principal Stacy Holden. FUTURE wil
SANTA BARBARA, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced that Marcy Campbell has joined the company as Chief Revenue Officer, effective today. In this newly created role, Ms. Campbell will lead the Sales and Client Services organizations, connecting the entire customer journey by accelerating customer acquisition, delivering exceptional customer value, and maximizing adoption of AppFolio's products and services. Ms. Campbell has over 30 years of experience leading high-performance sales and services teams and growing businesses across multiple industries. She joins AppFolio from Boomi
NEW YORK, March 25, 2024 /PRNewswire/ -- AppFolio Inc. (NASD:APPF) will replace Inari Medical Inc. (NASD:NARI) in the S&P MidCap 400, and Inari Medical will replace Callon Petroleum Co. (NYSE:CPE) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, April 1. S&P 500 constituent APA Corp. (NASD:APA) is acquiring Callon Petroleum in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 1, 2024 S&P MidCap 400 Addition AppFolio APPF Information Technology S&P
Shane Trigg unanimously elected as AppFolio's President and Chief Executive Officer Company reaffirms 2023 outlook SANTA BARBARA, Calif., March 02, 2023 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud business management solutions for the real estate industry, announced that the Board of Directors has unanimously elected Shane Trigg as President and Chief Executive Officer, effective immediately. Trigg previously served as AppFolio's President and General Manager, Real Estate. Jason Randall, who has served as President and Chief Executive Officer since 2017, will be a transition advisor to the company until March 31, 2023. A seasoned SaaS executive with mor
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SANTA BARBARA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the second quarter ended June 30, 2025. "Our second quarter results reflect that we continue to win in the market," said Shane Trigg, President and CEO, AppFolio. "Our customers are seeing tangible performance benefits by adopting our central, AI-native platform, with 96% of customers having used one or more of our AI-powered solutions. AppFolio is proving to be a competitive advantage for ambitious property management businesses." Financial Highlights for Second
SANTA BARBARA, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its second quarter 2025 financial results after the close of the U.S. financial markets on Thursday, July 31, 2025. In conjunction with this announcement, AppFolio will host a conference call on Thursday, July 31, 2025, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/ijgr58yt. To access the call by phone, please go to the following link: https://register-conf.media-server.com/register/BIdccd543a8ef7485c8f06cd2837c68ea9, and you will be provi
SANTA BARBARA, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the first quarter ended March 31, 2025. "AppFolio's first quarter results underscore that our ongoing commitment to delivering industry-leading innovation and exceptional service is driving new customer adoption of our products and services," said Shane Trigg, President and CEO, AppFolio. "By connecting our acquisition of LiveEasy with new industry leading partners, such as Zillow and Second Nature, all enabled through FolioSpace, we have accelerated our resident
SANTA BARBARA, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its first quarter 2025 financial results after the close of the U.S. financial markets on Thursday, April 24, 2025. In conjunction with this announcement, AppFolio will host a conference call on Thursday, April 24, 2025, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/994jmsnj. To access the call by phone, please go to the following link: https://register-conf.media-server.com/register/BIec9db96ea67145e5b35acbb6ce94b6ad, and you will be pro
SANTA BARBARA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. "I am proud of our strong performance in 2024 as we continue to deliver value to our customers through differentiated industry-leading innovation," said Shane Trigg, President and CEO, AppFolio. "Our investments in AI and the resident experience are translating into meaningful outcomes for our customers and fueling our mission to build the platform where the real estate industry comes to do business. We ar
SANTA BARBARA, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its fourth quarter and year end 2024 financial results after the close of the U.S. financial markets on Thursday, January 30, 2025. In conjunction with this announcement, AppFolio will host a conference call on Thursday, January 30, 2025, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/ed7u6ptp. To access the call by phone, please go to the following link: https://register.vevent.com/register/BIdc9c20754ec649859552be5efc7cfa83, and you will
Q3 revenue grows 24% Company announces acquisition of LiveEasy as part of its expanded resident vision SANTA BARBARA, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) ("AppFolio" or the "Company"), a technology leader powering the future of the real estate industry, today announced its financial results for the third quarter ended September 30, 2024. "Our results reflect relentless customer focus and strong execution of our strategy," said Shane Trigg, President and CEO, AppFolio. "With our next-generation resident application, FolioSpace™, we are redefining how property managers and residents connect, and demo
FolioSpace gives AppFolio property management customers new ways to deliver exceptional value and experiences to their residents AppFolio acquires LiveEasy to integrate convenient moving and home services into FolioSpace SANTA BARBARA, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today unveiled FolioSpace™, a next-generation resident experience that redefines how property managers and renters connect throughout the entire resident journey. FolioSpace will enable AppFolio's 20,000 property management customers to create a unified and elevated experience for the millions of residents the
SANTA BARBARA, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- AppFolio, Inc. (NASDAQ:APPF) today announced that it will report its third quarter 2024 financial results after the close of the U.S. financial markets on Thursday, October 24, 2024. In conjunction with this announcement, AppFolio will host a conference call on Thursday, October 24, 2024, at 5:00 p.m. (Eastern Time), to discuss the company's financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/56effhwx. To access the call by phone, please go to the following link: https://register.vevent.com/register/BI0592d6d11ce14a179afe199e2d07039c, and you will be provided wi
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the third quarter of 2024. This quarter, there are constituent changes within three of our indexes: the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). These changes will be effective prior to the opening of business