Tyler Technologies (NYSE:TYL – Get Free Report) had its target price cut by stock analysts at TD Cowen from $450.00 to $400.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. TD Cowen’s price objective indicates a potential upside of 25.28% from the company’s current price.
A number of other research firms have also commented on TYL. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research report on Friday, May 1st. JPMorgan Chase & Co. lowered their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. DA Davidson restated a “buy” rating and issued a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $464.59.
Get Our Latest Research Report on Tyler Technologies
Tyler Technologies Price Performance
Tyler Technologies (NYSE:TYL – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $3.01 by $0.08. The firm 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%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Equities analysts predict that Tyler Technologies will post 10.04 EPS for the current fiscal year.
Institutional Trading of Tyler Technologies
Institutional investors have recently modified their holdings of the company. DV Equities LLC bought a new position in shares of Tyler Technologies during the fourth quarter worth about $27,000. Salomon & Ludwin LLC boosted 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 last quarter. Elyxium Wealth LLC acquired a new position in Tyler Technologies during the 4th quarter worth approximately $29,000. Advisors Asset Management Inc. bought a new position in shares of Tyler Technologies during the 1st quarter worth approximately $38,000. Finally, Bayban bought a new position in shares of Tyler Technologies during the 4th quarter worth approximately $30,000. 93.30% of the stock is currently owned by institutional investors.
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.
Further Reading
- Five stocks we like better than Tyler Technologies
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
- A $1.5 Billion Wake-Up Call for Every AI Company on Wall Street
- AMD’s AI Bubble Could Burst Into Explosive Upside
- Atlassian’s AI Pivot Is Starting to Challenge Wall Street’s Bear Case
Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
