Tyler Technologies, Inc. (NYSE:TYL – Get Free Report) has earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $464.5882.
Several equities analysts recently commented on TYL shares. TD Cowen decreased their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Monday. Barclays boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. DA Davidson restated a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a research note on Wednesday, June 10th. JPMorgan Chase & Co. decreased their price target on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a report on Tuesday, June 23rd. Finally, Guggenheim initiated coverage on shares of Tyler Technologies in a research note on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price objective for the company.
Check Out Our Latest Stock Analysis on TYL
Tyler Technologies Stock Performance
Tyler Technologies (NYSE:TYL – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business had revenue of $645.10 million during the quarter, compared to the consensus estimate of $648.01 million. During the same quarter last year, the company earned $2.91 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, sell-side analysts predict that Tyler Technologies will post 10.04 EPS for the current fiscal year.
Hedge Funds Weigh In On Tyler Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its position in Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after acquiring an additional 61 shares during the period. DV Equities LLC acquired a new position in shares of Tyler Technologies in the fourth quarter valued at about $27,000. Elyxium Wealth LLC purchased a new position in shares of Tyler Technologies in the fourth quarter worth about $29,000. Bayban purchased a new position in shares of Tyler Technologies in the fourth quarter worth about $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Tyler Technologies by 3,900.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after purchasing an additional 78 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.
More Tyler Technologies News
Here are the key news stories impacting Tyler Technologies this week:
- Positive Sentiment: Quarterly earnings beat expectations: Tyler reported adjusted earnings of $3.08 per share, above the $3.05-$3.06 consensus range and up from $2.91 a year earlier. Revenue increased 8.2% year over year to $645.1 million. Tyler Technologies Tops Q2 Earnings Estimates
- Positive Sentiment: Recurring and SaaS revenue remained strong: Recurring revenue reached $559.5 million, or 86.7% of total revenue, while SaaS revenue grew 21.7% to $230.6 million. Operating cash flow was $124.4 million and free cash flow was $118.5 million. Tyler Technologies Q2 Revenue Rises 8 Percent
- Positive Sentiment: Shareholder returns expanded: The company authorized up to $1.5 billion in additional Class A share repurchases after buying back approximately $505 million of stock during the quarter. Buybacks can support per-share earnings and signal management confidence.
- Positive Sentiment: Profit guidance exceeded consensus: Tyler forecast 2026 earnings of $12.95-$13.20 per share, above the $12.30 analyst consensus. Full-year revenue guidance was set at $2.535-$2.575 billion.
- Neutral Sentiment: Revenue slightly missed estimates: Second-quarter revenue of $645.1 million was below analysts’ approximately $648 million forecast, limiting the overall upside from the earnings report.
- Negative Sentiment: Price target reduced: TD Cowen lowered its Tyler Technologies price target to $400, a potentially cautious signal despite maintaining a target well above the recent trading level. TD Cowen Lowers Tyler Technologies Price Target
Tyler Technologies Company Profile
Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.
Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.
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