AppFolio Inc Class A Stock News

AppFolio, Inc. is expected to report its full-year '24 results, with analysts predicting $0.65 GAAP and $0.94 non-GAAP earnings on $200m revenue. Revenue growth is slowing, and high P/E ratios and economic uncertainties raise concerns about future demand and margin contraction. The company's recent acquisition of LiveEasy and the rollout of Realm-X messaging service are key areas to watch for e...

Real estate operators with diverse portfolios continue to turn to AppFolio for its robust platform, innovative AI-powered solutions Real estate operators with diverse portfolios continue to turn to AppFolio for its robust platform, innovative AI-powered solutions

AppFolio Realm-X saves property managers over 10 hours of work per week and transforms the resident experience AppFolio Realm-X saves property managers over 10 hours of work per week and transforms the resident experience

I have started a ~3% position in AppFolio at $214.2/share. Management just guided 2024 revenue to be in the range of $786 to $790 Million. AppFolio is not optically cheap, neither is it trading at nosebleeding territory. But I think the near-term multiple can mask the attractiveness of the stock.

I maintain a buy rating for AppFolio due to its strong growth potential and favorable macroeconomic conditions supporting new home demand. AppFolio reported 24% y/y revenue growth in the latest quarter, driven by core solutions and value-added services, with expanding margins and strong operating leverage. The integration of LiveEasy and upcoming product enhancements, including AI-driven tools,...

AppFolio delivered tremendous Q3 results, beating Wall Street's expectations by a wide mile and also boosting its full-year outlook. Its latest outlook calls for 27% y/y growth in FY24 (versus 24-25% growth previously) driven by sales expansion, with a new Chief Revenue Officer enhancing its growth prospects. AppFolio's comprehensive platform, AI innovations, and secular tailwinds in the rental...

Incremental revenue is dropping straight to the bottom line.

AppFolio, Inc. (NASDAQ:APPF ) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Lori Barker - Investor Relations Shane Trigg - President & Chief Executive Officer Fay Sien Goon - Chief Financial Officer Operator Good afternoon. Thank you for standing by, and welcome to AppFolio Inc.'s Third Quarter 2024 Financial Results Conference Call.