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AppFolio (APPF) Dips More Than Broader Market: What You Should Know
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AppFolio (APPF - Free Report) ended the recent trading session at $212.13, demonstrating a -2.96% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.09% for the day. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq lost 2.15%.
Prior to today's trading, shares of the property management software maker had lost 0.51% lagged the Computer and Technology sector's gain of 1.99% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of AppFolio in its forthcoming earnings report. The company is scheduled to release its earnings on October 22, 2026. In that report, analysts expect AppFolio to post earnings of $1.77 per share. This would mark year-over-year growth of 35.11%. Simultaneously, our latest consensus estimate expects the revenue to be $293.84 million, showing a 17.84% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.9 per share and revenue of $1.12 billion, indicating changes of +30.43% and +18.23%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for AppFolio. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% higher within the past month. Currently, AppFolio is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, AppFolio is currently trading at a Forward P/E ratio of 31.68. This indicates a premium in contrast to its industry's Forward P/E of 21.23.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 81, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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AppFolio (APPF) Dips More Than Broader Market: What You Should Know
AppFolio (APPF - Free Report) ended the recent trading session at $212.13, demonstrating a -2.96% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.09% for the day. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq lost 2.15%.
Prior to today's trading, shares of the property management software maker had lost 0.51% lagged the Computer and Technology sector's gain of 1.99% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of AppFolio in its forthcoming earnings report. The company is scheduled to release its earnings on October 22, 2026. In that report, analysts expect AppFolio to post earnings of $1.77 per share. This would mark year-over-year growth of 35.11%. Simultaneously, our latest consensus estimate expects the revenue to be $293.84 million, showing a 17.84% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.9 per share and revenue of $1.12 billion, indicating changes of +30.43% and +18.23%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for AppFolio. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.13% higher within the past month. Currently, AppFolio is carrying a Zacks Rank of #2 (Buy).
In terms of valuation, AppFolio is currently trading at a Forward P/E ratio of 31.68. This indicates a premium in contrast to its industry's Forward P/E of 21.23.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 81, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.