KeyCorp Estimates AppFolio’s Q3 Earnings (NASDAQ:APPF)

AppFolio, Inc. (NASDAQ:APPF) – Analysts at KeyCorp raised their Q3 2026 earnings estimates for AppFolio in a note issued to investors on Tuesday, October 13th. KeyCorp analyst J. Celino now expects that the software maker will post earnings of $1.35 per share for the quarter, up from their previous forecast of $1.34. KeyCorp currently has an “Overweight” rating on the stock. The consensus estimate for AppFolio’s current full-year earnings is $5.18 per share. KeyCorp also issued estimates for AppFolio’s FY2026 earnings at $5.21 EPS, Q3 2027 earnings at $1.70 EPS and FY2027 earnings at $6.48 EPS.

AppFolio (NASDAQ:APPF) last announced its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.02. The business had revenue of $281.12 million for the quarter, compared to analysts’ expectations of $277.35 million. AppFolio had a return on equity of 32.42% and a net margin of 15.13%. The company’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same period last year, the firm earned $1.38 earnings per share.

Other equities analysts also recently issued reports about the company. DA Davidson set a $240.00 price objective on AppFolio in a research report on Monday, September 28th. Weiss Ratings upgraded shares of AppFolio from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Zacks Research lowered shares of AppFolio from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 23rd. UBS Group cut shares of AppFolio from a “buy” rating to a “neutral” rating and set a $220.00 target price on the stock. in a report on Wednesday, October 7th. Finally, Guggenheim initiated coverage on shares of AppFolio in a report on Wednesday, July 22nd. They issued a “buy” rating and a $232.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $249.75.

AppFolio Price Performance

APPF stock opened at $223.70 on Monday. The firm has a market capitalization of $7.92 billion, a P/E ratio of 51.07 and a beta of 0.89. The business’s 50-day moving average is $211.49 and its two-hundred day moving average is $181.94. AppFolio has a 1 year low of $142.56 and a 1 year high of $265.02.

Insider Activity at AppFolio

In related news, major shareholder Maurice Duca sold 7,200 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $194.72, for a total value of $1,401,984.00. Following the transaction, the insider owned 24,224 shares of the company’s stock, valued at $4,716,897.28. This represents a 22.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 141,817 shares of company stock worth $27,942,484 in the last three months. Insiders own 1.57% of the company’s stock.

Institutional Trading of AppFolio

A number of institutional investors have recently bought and sold shares of APPF. AMI Asset Management Corp increased its position in shares of AppFolio by 2.4% during the third quarter. AMI Asset Management Corp now owns 4,057 shares of the software maker’s stock worth $814,000 after purchasing an additional 94 shares in the last quarter. First Bank & Trust lifted its holdings in shares of AppFolio by 10.0% in the 3rd quarter. First Bank & Trust now owns 1,790 shares of the software maker’s stock valued at $359,000 after purchasing an additional 162 shares during the last quarter. SteelPeak Wealth LLC purchased a new stake in shares of AppFolio in the 3rd quarter valued at about $201,000. Chemistry Wealth Management LLC boosted its position in shares of AppFolio by 10.4% in the 3rd quarter. Chemistry Wealth Management LLC now owns 2,074 shares of the software maker’s stock valued at $416,000 after purchasing an additional 195 shares during the period. Finally, Steel Grove Capital Advisors LLC acquired a new stake in shares of AppFolio in the 3rd quarter valued at about $215,000. 85.19% of the stock is owned by hedge funds and other institutional investors.

AppFolio Company Profile

AppFolio, Inc is a cloud-based software company that provides technology solutions for the real estate industry. Its platform is designed primarily for property management businesses, helping them manage accounting, leasing, maintenance, communications, payments, reporting and other operational activities through a centralized system.

The company’s products serve a range of property managers, including those overseeing residential, commercial, community association, student housing and senior living properties.