KeyBanc on AppFolio (APPF): 'Room for Growth Upside'

KeyBanc analyst Jason Celino reiterated an Overweight rating and $280.00 price target on AppFolio (NASDAQ: APPF).

The analyst commented: "3Q26 Earnings Preview - Room for Growth Upside; We have done extensive work on APPF over the past few months, catching up with mgmt., attending FUTURE, and speaking to multiple customers, including those that have adopted Max and Second Nature. Based on the positive feedback, we head into APPF 3Q print positively and see potential for a slightly larger than typical revenue beat (despite us also modestly raising our estimates in this piece), driving VAS & total revenue growth acceleration. We remain highly convicted in APPF's ARPU expansion potential, esp. around resident services, and would be buyers of APPF prior to the print."

For an analyst ratings summary and ratings history on AppFolio click here. For more ratings news on AppFolio click here.

Shares of AppFolio closed at $199.03 yesterday.

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