Tyler Technologies (NYSE:TYL) Given New $400.00 Price Target at BTIG Research

Posted by Geri Gentry on Jul 31st, 2026

Tyler Technologies (NYSE:TYL – Free Report) had its price objective lowered by BTIG Research from $420.00 to $400.00 in a research report report published on Thursday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

A number of other research analysts have also recently commented on the company. Robert W. Baird set a $455.00 price target on Tyler Technologies in a research note on Friday, May 1st. Guggenheim initiated coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They set a “buy” rating and a $440.00 target price for the company. Piper Sandler lowered their price objective on shares of Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating for the company in a research note on Friday. Truist Financial set a $440.00 target price on Tyler Technologies in a research report on Friday, May 1st. Finally, Cantor Fitzgerald boosted their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $460.35.

Read Our Latest Stock Report on TYL

Tyler Technologies Trading Down 2.6%

NYSE:TYL opened at $324.68 on Thursday. The stock has a 50 day simple moving average of $304.67 and a 200 day simple moving average of $334.70. Tyler Technologies has a 1-year low of $270.71 and a 1-year high of $621.34. The stock has a market cap of $13.69 billion, a P/E ratio of 43.06, a PEG ratio of 2.21 and a beta of 0.82.

Tyler Technologies (NYSE:TYL – Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, topping the consensus estimate of $3.05 by $0.03. Tyler Technologies had a net margin of 13.36% and a return on equity of 10.70%. The company had revenue of $645.10 million for the quarter, compared to analysts’ expectations of $648.01 million. During the same period last year, the firm earned $2.91 earnings per share. The business’s revenue for the quarter 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 forecast that Tyler Technologies will post 10.04 EPS for the current year.

Institutional Trading of Tyler Technologies

A number of hedge funds have recently bought and sold shares of TYL. DV Equities LLC bought a new position in Tyler Technologies during the fourth quarter valued at about $27,000. Salomon & Ludwin LLC grew its stake in shares of 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. Elyxium Wealth LLC bought a new stake in Tyler Technologies in the 4th quarter valued at about $29,000. Advisors Asset Management Inc. purchased a new position in shares of Tyler Technologies in the first quarter worth about $38,000. Finally, Bayban bought a new position in Tyler Technologies in the 4th quarter worth approximately $30,000. 93.30% of the stock is currently owned by institutional investors.

Key Tyler Technologies News

Here are the key news stories impacting Tyler Technologies this week:

Positive Sentiment: Tyler Technologies reported second-quarter adjusted EPS of $3.08, ahead of the roughly $3.05 consensus estimate. Revenue increased 8.2% year over year to $645.1 million, while SaaS revenue rose 21.7% to $230.6 million. Record SaaS and total bookings, strong recurring revenue, and $118.5 million of free cash flow highlighted continued demand. Tyler Technologies Reports Second Quarter 2026 Results
Positive Sentiment: The company authorized a new $1.5 billion share-repurchase program and repurchased approximately $505 million of stock during the quarter. Management also pointed to cloud momentum and reaffirmed full-year 2026 EPS guidance of $12.95 to $13.20, above the current analyst consensus cited in the reports. Barclays reaffirmed its Buy rating, while William Blair maintained a bullish view based on SaaS growth and AI expansion. Tyler Technologies Reports Strong Q2 Results, Expands Buybacks
Neutral Sentiment: Tyler outlined plans for cloud-living pilots beginning in 2027, with referenceable clients expected in 2028, and is targeting an 85% maintenance-conversion rate by 2030. The strategy supports long-term recurring revenue growth, but the benefits are several years away. Tyler Outlines Cloud-Living Pilots
Negative Sentiment: Second-quarter revenue of $645.1 million fell modestly short of Wall Street expectations near $648 million. Investors also appeared to want a guidance increase after the strong bookings and operating commentary; instead, the company maintained its outlook, including revenue guidance of $2.535 billion to $2.575 billion versus consensus near $2.6 billion. With TYL trading at an elevated earnings multiple, even a small revenue miss can pressure the stock. Why Tyler Technologies Stock Got Thrashed on Thursday

Tyler Technologies Company Profile

(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.