
AppFolio (APPF) Stock Forecast & Price Target
AppFolio (APPF) Analyst Ratings
Bulls say
AppFolio Inc. experienced a significant revenue increase, rising to $279 million, reflecting a 32% year-over-year growth, driven by strong performance and effective execution in its core subscription offerings. Notably, the company reported a 15% growth in core subscriptions, with their premium offerings (Plus and Max plans) now constituting approximately 20% of total units, showcasing an upmarket momentum that enhances average revenue per user (ARPU). Furthermore, the favorable rental market conditions are expected to support a robust revenue growth acceleration, with projections indicating potential revenues of $950 million by 2025.
Bears say
AppFolio Inc is experiencing significant headwinds due to a marked decline in new apartment supply, averaging a drop of 22%, which negatively impacts market demand for its software solutions. The company reported a decrease in operating margins, falling to 20%, and a sluggish EBITDA growth attributed to declining gross margins and recent acquisitions. Additionally, top-line growth has dipped below 20%, compounded by customer and unit growth rates of only 5% and 6% year-over-year respectively, which reflect pressures from pricing competition and broader macroeconomic challenges.
This aggregate rating is based on analysts' research of AppFolio and is not a guaranteed prediction by Public.com or investment advice.
AppFolio (APPF) Analyst Forecast & Price Prediction
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