Tyler Technologies, Inc. (NYSE:TYL) Receives $468.53 Average Target Price from Analysts

Shares of Tyler Technologies, Inc. (NYSE:TYLGet Free Report) have earned an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $468.8667.

TYL has been the subject of several recent analyst reports. BTIG Research reissued a “buy” rating and set a $420.00 target price on shares of Tyler Technologies in a research note on Wednesday, June 10th. Barclays upped their price target on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of Tyler Technologies in a research report on Tuesday, April 28th. Weiss Ratings lowered shares of Tyler Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Finally, Truist Financial set a $440.00 target price on shares of Tyler Technologies in a research report on Friday, May 1st.

View Our Latest Stock Report on TYL

Hedge Funds Weigh In On Tyler Technologies

A number of hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC raised its position in Tyler Technologies by 6,100.0% in the fourth quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock valued at $27,000 after purchasing an additional 61 shares during the period. DV Equities LLC acquired a new stake in shares of Tyler Technologies in the fourth quarter valued at $27,000. Elyxium Wealth LLC purchased a new stake in shares of Tyler Technologies in the 4th quarter valued at $29,000. Bayban purchased a new stake in shares of Tyler Technologies in the 4th quarter valued at $30,000. Finally, Cornerstone Planning Group LLC lifted its stake in Tyler Technologies by 3,900.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 80 shares of the technology company’s stock worth $34,000 after acquiring an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Trading Up 2.9%

Shares of TYL opened at $298.14 on Wednesday. Tyler Technologies has a 12-month low of $283.71 and a 12-month high of $621.34. The firm has a market capitalization of $12.57 billion, a P/E ratio of 41.18, a P/E/G ratio of 1.93 and a beta of 0.82. The firm has a 50-day moving average price of $320.32 and a 200 day moving average price of $369.17.

Tyler Technologies (NYSE:TYLGet Free Report) last posted its earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.08. The company had revenue of $613.50 million for the quarter, compared to analyst estimates of $608.66 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. Tyler Technologies’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities research analysts predict that Tyler Technologies will post 10.02 earnings per share for the current fiscal year.

About Tyler Technologies

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Tyler Technologies (NYSE:TYL)

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