Appfolio:Keefe, Bruyette & Woods Maintains Market Perform, PT Raised to $311.

Wednesday, Sep 3, 2025 10:36 am ET1min read

Appfolio:Keefe, Bruyette & Woods Maintains Market Perform, PT Raised to $311.

Keefe, Bruyette & Woods (KBW) has maintained its "market perform" rating for AppFolio, Inc. (NASDAQ: APPF) while raising the price target to $311, as per a recent report [1]. This marks a significant upgrade from the previous target price of $205.00, reflecting the firm's bullish outlook on the software maker's prospects.

The upgrade comes amidst a period of strong performance for AppFolio, which reported earnings of $1.38 per share (EPS) in its latest quarter, exceeding analysts' consensus estimates of $1.27 by $0.11. The company also boasted a net margin of 23.54% and a return on equity of 26.32%, indicating robust financial health [2].

Northern Trust Corp, a major institutional investor, recently increased its stake in AppFolio by 0.8% in the first quarter, owning 193,780 shares valued at approximately $42.6 million at the end of the quarter [1]. Several other hedge funds have also made significant investments in the company, further underscoring its appeal among institutional investors.

Despite the positive analyst ratings and strong financial performance, AppFolio's stock has faced some headwinds, trading down 0.8% on Tuesday, September 2nd. The stock currently trades at $275.06, with a 50-day moving average of $261.68 and a 200-day moving average of $232.55 [2].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-northern-trust-corp-boosts-holdings-in-appfolio-inc-appf-2025-08-29/
[2] https://www.marketbeat.com/financials/appfolio-inc-earnings/

Appfolio:Keefe, Bruyette & Woods Maintains Market Perform, PT Raised to $311.

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