Tyler Technologies (NYSE:TYL – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 12.950-13.200 for the period, compared to the consensus estimate of 12.500. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.
Tyler Technologies Stock Up 5.4%
TYL stock opened at $394.26 on Friday. The company’s 50 day simple moving average is $351.90 and its 200-day simple moving average is $337.50. The firm has a market capitalization of $15.68 billion, a PE ratio of 49.65, a P/E/G ratio of 2.60 and a beta of 0.85. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 1.55. Tyler Technologies has a 12 month low of $270.71 and a 12 month high of $483.50.
Tyler Technologies (NYSE:TYL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The technology company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.48 by $0.04. The business had revenue of $647.57 million for the quarter, compared to analyst estimates of $651.38 million. Tyler Technologies had a return on equity of 12.21% and a net margin of 13.51%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.91 earnings per share. Equities analysts expect that Tyler Technologies will post 10.13 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts recently weighed in on TYL shares. The Goldman Sachs Group lowered shares of Tyler Technologies from a “buy” rating to a “neutral” rating and reduced their target price for the company from $395.00 to $345.00 in a report on Thursday, October 8th. DA Davidson reaffirmed a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a research report on Tuesday, October 27th. Piper Sandler began coverage on Tyler Technologies in a report on Monday, September 28th. They issued an “overweight” rating and a $450.00 price target for the company. Wells Fargo & Company lifted their price objective on Tyler Technologies from $400.00 to $430.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Needham & Company LLC raised their price target on shares of Tyler Technologies from $400.00 to $500.00 and gave the stock a “buy” rating in a research report on Tuesday, October 27th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Tyler Technologies presently has an average rating of “Moderate Buy” and an average target price of $438.53.
Check Out Our Latest Research Report on TYL
Insider Activity
In other news, CEO H Lynn Moore, Jr. sold 9,250 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the transaction, the chief executive officer directly owned 100,392 shares in the company, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Jeffrey Puckett sold 8,500 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $356.44, for a total value of $3,029,740.00. Following the transaction, the chief operating officer owned 7,784 shares of the company’s stock, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.
Key Tyler Technologies News
Here are the key news stories impacting Tyler Technologies this week:
- Positive Sentiment: Raised analyst targets: Wells Fargo raised its price target from $400 to $430 and assigned an “overweight” rating, while BTIG increased its target from $400 to $430 and maintained a “buy” rating. Wells Fargo price target report
- Positive Sentiment: Above-consensus earnings and strong recurring growth: Third-quarter adjusted earnings were $3.52 per share, ahead of estimates, while revenue rose 8.7% year over year to $647.6 million. SaaS revenue increased 21.2% to $242.2 million, and subscription revenue grew 15.3% to $462.6 million. TYL Q3 earnings report
- Positive Sentiment: Record cash flow and favorable profit guidance: Free cash flow reached a quarterly record of $277 million, up 11.9%. Tyler maintained fiscal 2026 adjusted EPS guidance of $12.95 to $13.20, above the $12.50 consensus estimate, suggesting continued margin strength.
- Positive Sentiment: Long-term cloud outlook: Management outlined a path toward approximately 20% SaaS growth through 2030, with additional Cloud Living rollouts targeted for early 2027. Tyler SaaS growth outlook
- Neutral Sentiment: Revenue outlook is mixed: Fiscal 2026 revenue guidance is approximately $2.535 billion to $2.565 billion, with the top end reduced from $2.575 billion. The range is near or slightly below consensus, reflecting continued investor sensitivity to top-line growth.
- Negative Sentiment: Revenue miss and insider selling: The quarterly revenue result was modestly below Wall Street expectations, and recent reported insider activity consisted of sales by the CEO and COO, with no open-market purchases in the past six months.
Tyler Technologies Company Profile
Tyler Technologies, Inc provides integrated software and technology services to public-sector organizations. Its customers include municipalities, counties, states, courts, school districts, public safety agencies, and other government entities. The company’s solutions are designed to help public organizations manage operations, improve service delivery, and engage with residents and constituents.
Tyler’s product portfolio includes enterprise resource planning and financial management software, property tax and appraisal systems, court and justice solutions, public safety and emergency communications platforms, permitting and licensing tools, and software for schools and elections.
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