AppFolio Future Growth

Future criteria checks 5/6

AppFolio is forecast to grow earnings and revenue by 20.5% and 16.9% per annum respectively. EPS is expected to grow by 20.1% per annum. Return on equity is forecast to be 36% in 3 years.

Key information

20.5%

Earnings growth rate

20.1%

EPS growth rate

Software earnings growth	15.9%
Revenue growth rate	16.9%
Future return on equity	36.0%
Analyst coverage	Good
Last updated	26 Jul 2024

Recent future growth updates

Recent updates

AppFolio, Inc.'s (NASDAQ:APPF) Popularity With Investors Is Under Threat From Overpricing

Aug 18

AppFolio, Inc.'s (NASDAQ:APPF) Earnings Haven't Escaped The Attention Of Investors

Apr 04

AppFolio (NASDAQ:APPF) Might Be Having Difficulty Using Its Capital Effectively

Mar 13

AppFolio: GAAP Profitable And Growing At High 20s% CAGR

Feb 21

Statutory Profit Doesn't Reflect How Good AppFolio's (NASDAQ:APPF) Earnings Are

Feb 01

AppFolio's Financial Resilience: Robust Free Cash Flows And Debt-Free Status

Jan 19

AppFolio, Inc.'s (NASDAQ:APPF) Popularity With Investors Is Clear

Jan 03

AppFolio, Inc.'s (NASDAQ:APPF) Intrinsic Value Is Potentially 17% Below Its Share Price

Dec 16

At US$199, Is AppFolio, Inc. (NASDAQ:APPF) Worth Looking At Closely?

Nov 10

A Look At The Intrinsic Value Of AppFolio, Inc. (NASDAQ:APPF)

Sep 13

Is There Now An Opportunity In AppFolio, Inc. (NASDAQ:APPF)?

Aug 05

Is Now An Opportune Moment To Examine AppFolio, Inc. (NASDAQ:APPF)?

Oct 03

AppFolio Looks Pricey As Recession Clouds Gather

Sep 20

Calculating The Intrinsic Value Of AppFolio, Inc. (NASDAQ:APPF)

Jul 04

Is Now The Time To Look At Buying AppFolio, Inc. (NASDAQ:APPF)?

May 12

AppFolio: Ripe For A Plunge

May 06

If You Like EPS Growth Then Check Out AppFolio (NASDAQ:APPF) Before It's Too Late

Oct 20

AppFolio: Priced To Perfection, But Anything But

Sep 21

Should You Investigate AppFolio, Inc. (NASDAQ:APPF) At US$124?

Sep 17

Earnings and Revenue Growth Forecasts

NasdaqGM:APPF - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,102	218	263	274	3
12/31/2025	929	150	229	245	8
12/31/2024	779	116	181	192	8
6/30/2024	722	125	148	162	N/A
3/31/2024	672	76	87	102	N/A
12/31/2023	620	3	46	60	N/A
9/30/2023	573	-47	21	35	N/A
6/30/2023	532	-78	1	14	N/A
3/31/2023	503	-89	11	29	N/A
12/31/2022	472	-68	4	25	N/A
9/30/2022	443	-50	3	28	N/A
6/30/2022	414	-46	-2	28	N/A
3/31/2022	386	-14	7	38	N/A
12/31/2021	359	1	3	35	N/A
9/30/2021	336	2	-3	30	N/A
6/30/2021	324	140	-1	32	N/A
3/31/2021	316	157	3	41	N/A
12/31/2020	310	158	3	48	N/A
9/30/2020	305	163	15	61	N/A
6/30/2020	289	31	10	54	N/A
3/31/2020	271	35	3	42	N/A
12/31/2019	256	36	10	39	N/A
9/30/2019	239	35	12	35	N/A
6/30/2019	221	35	13	33	N/A
3/31/2019	205	19	16	33	N/A
12/31/2018	190	20	22	36	N/A
9/30/2018	178	20	19	32	N/A
6/30/2018	165	18	20	33	N/A
3/31/2018	154	13	N/A	29	N/A
12/31/2017	144	10	N/A	29	N/A
9/30/2017	134	6	N/A	28	N/A
6/30/2017	124	1	N/A	21	N/A
3/31/2017	115	-4	N/A	16	N/A
12/31/2016	106	-8	N/A	12	N/A
9/30/2016	98	-11	N/A	2	N/A
6/30/2016	90	-15	N/A	-2	N/A
3/31/2016	82	-16	N/A	-6	N/A
12/31/2015	75	-16	N/A	-7	N/A
9/30/2015	68	-16	N/A	-5	N/A
6/30/2015	61	-13	N/A	-2	N/A
3/31/2015	54	-11	N/A	-1	N/A
12/31/2014	48	-9	N/A	0	N/A
12/31/2013	27	-7	N/A	-4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: APPF's forecast earnings growth (20.5% per year) is above the savings rate (2.5%).

Earnings vs Market: APPF's earnings (20.5% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: APPF's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: APPF's revenue (16.9% per year) is forecast to grow faster than the US market (8.7% per year).

High Growth Revenue: APPF's revenue (16.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: APPF's Return on Equity is forecast to be high in 3 years time (36%)

AppFolio Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

AppFolio, Inc. Provides Earnings Guidance for the Year 2024

Price target increased by 7.7% to US$262

AppFolio, Inc. Provides Earnings Guidance for the Year 2024

Price target increased by 7.3% to US$223

Price target increased by 7.8% to US$207

Appfolio, Inc. Provides Earnings Outlook for the Fiscal Year 2023

Recent updates

AppFolio, Inc.'s (NASDAQ:APPF) Popularity With Investors Is Under Threat From Overpricing

AppFolio, Inc. Appoints Marcy Campbell as Chief Revenue Officer

AppFolio: Buy This Dip, Especially On The Back Of Strong Growth, FCF

Solid Earnings Reflect AppFolio's (NASDAQ:APPF) Strength As A Business

Is Now The Time To Look At Buying AppFolio, Inc. (NASDAQ:APPF)?

AppFolio, Inc. Provides Earnings Guidance for the Year 2024

AppFolio's (NASDAQ:APPF) Returns On Capital Are Heading Higher

AppFolio, Inc. to Report Q2, 2024 Results on Jul 25, 2024

AppFolio: Addresses The Challenges Property Managers Face

Calculating The Intrinsic Value Of AppFolio, Inc. (NASDAQ:APPF)

Insider recently sold US$532k worth of stock

Now 21% overvalued after recent price rise

Independent Director notifies of intention to sell stock

Price target increased by 7.7% to US$262

AppFolio: Digital Rent Payment Shift To Fuel Top-Line Growth

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

AppFolio, Inc. to Report Q1, 2024 Results on Apr 25, 2024

AppFolio, Inc.'s (NASDAQ:APPF) Earnings Haven't Escaped The Attention Of Investors

Independent Director recently sold US$15m worth of stock

AppFolio (NASDAQ:APPF) Might Be Having Difficulty Using Its Capital Effectively

Independent Director notifies of intention to sell stock

AppFolio, Inc. Sees Strong Demand for New Plan Designed for Large Property Management Operations

Insider recently sold US$1.6m worth of stock

Insider recently sold US$1.0m worth of stock

AppFolio: GAAP Profitable And Growing At High 20s% CAGR

Statutory Profit Doesn't Reflect How Good AppFolio's (NASDAQ:APPF) Earnings Are

AppFolio, Inc. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.076 (vs US$1.95 loss in FY 2022)

AppFolio's Financial Resilience: Robust Free Cash Flows And Debt-Free Status

Now 20% overvalued

AppFolio, Inc. to Report Q4, 2023 Results on Jan 25, 2024

AppFolio, Inc.'s (NASDAQ:APPF) Popularity With Investors Is Clear

AppFolio, Inc.'s (NASDAQ:APPF) Intrinsic Value Is Potentially 17% Below Its Share Price

Insider recently sold US$1.5m worth of stock

At US$199, Is AppFolio, Inc. (NASDAQ:APPF) Worth Looking At Closely?

Price target increased by 7.3% to US$223

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

AppFolio, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Now 21% undervalued

A Look At The Intrinsic Value Of AppFolio, Inc. (NASDAQ:APPF)

Price target increased by 7.8% to US$207

Now 20% undervalued

Is There Now An Opportunity In AppFolio, Inc. (NASDAQ:APPF)?

Appfolio, Inc. Provides Earnings Outlook for the Fiscal Year 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 9.7% to US$156

AppFolio, Inc. to Report Q2, 2023 Results on Jul 27, 2023

AppFolio, Inc.(NasdaqGM:APPF) dropped from Russell 2000 Growth-Defensive Index

AppFolio, Inc. Launches Innovative AI Capabilities and Affordable Housing Solution to Empower Property Managers, Enhance Resident Experiences

Price target increased by 13% to US$129

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

AppFolio, Inc. Launches AppFolio Alpha™ and Achieves Two Major Milestones

Consensus EPS estimates fall by 40%, revenue upgraded

AppFolio, Inc. Provides Financial Outlook for Fiscal Year 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AppFolio, Inc. to Report Q4, 2022 Results on Jan 26, 2023

AppFolio, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently sold US$1.9m worth of stock

AppFolio, Inc. to Report Q3, 2022 Results on Oct 27, 2022

AppFolio Accelerates Platform Innovation with New Security Deposit Alternative Solution, Smart Accounting Tools and PropTech Integrations

Is Now An Opportune Moment To Examine AppFolio, Inc. (NASDAQ:APPF)?

AppFolio Looks Pricey As Recession Clouds Gather

Independent Director recently sold US$2.9m worth of stock

Measurabl, Inc. acquired WegoWise, Inc. from AppFolio, Inc. (NasdaqGM:APPF).

Independent Director recently sold US$1.8m worth of stock

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AppFolio, Inc. Provides Revenue Guidance for the Full Year 2022