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Tyler Technologies (TYL)
NYSE:TYL
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Tyler Technologies (TYL) Price & Analysis

821 Followers

TYL Stock Chart & Stats

$297.15
$8.99(3.12%)
At close: 4:00 PM EDT
$297.15
$8.99(3.12%)

Bulls Say, Bears Say

Bulls Say
Recurring Revenue & SaaS MomentumA very high recurring revenue mix (~87%) combined with sustained SaaS growth (21.7% y/y and 22 consecutive quarters of ≥20% SaaS growth) signals durable subscription economics. This supports predictable ARR, stronger customer retention, and a structural shift to recurring margins as cloud flips accumulate.
Robust Cash Generation & FCF ConversionConsistently strong operating cash flow and near-100% FCF conversion of net income demonstrate high-quality earnings and durable internal funding. Strong free cash flow underpins reinvestment, M&A funding, and large buybacks without reliance on external financing, improving long-term capital allocation flexibility.
Stronger Balance Sheet & LiquidityMaterial de-leveraging plus a larger, longer-dated $1B revolver and a sizable convertible notes raise materially enhance liquidity and strategic optionality. Lower leverage and expanded undrawn facilities reduce financial risk and provide capacity to pursue acquisitions or absorb cyclical timing without straining operations.
Bears Say
SaaS Revenue Recognition LagThe structural delay from bookings to recognized SaaS revenue (often 1–2+ quarters for flips) means improvements in bookings and ACV can take multiple quarters to impact reported revenue and margins. This timing mismatch reduces near-term visibility and can produce persistent quarter-to-quarter volatility in reported results.
AI Monetization Still NascentWhile AI features are being deployed, current AI-related ACV remains a small share and management targets meaningful revenue only in 12–18 months. Dependence on future AI adoption creates multi-quarter execution risk; scaling, pricing, and customer uptake must materialize to justify investment assumptions.
Lumpy Timing On Large Flips & MandatesLarge cloud flips and transaction-funded statewide deals (e.g., digital titling) have uneven ramp profiles and often depend on policy mandates. That structural variability can delay expected ARR and cash flow, making revenue realization from big deals timing-dependent and less predictable over the medium term.

Tyler Technologies News

TYL FAQ

What was Tyler Technologies’s price range in the past 12 months?
Tyler Technologies lowest stock price was $270.71 and its highest was $600.11 in the past 12 months.
    What is Tyler Technologies’s market cap?
    Tyler Technologies’s market cap is $12.80B.
      When is Tyler Technologies’s upcoming earnings report date?
      Tyler Technologies’s upcoming earnings report date is Oct 28, 2026 which is in 79 days.
        How were Tyler Technologies’s earnings last quarter?
        Tyler Technologies released its earnings results on Jul 29, 2026. The company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.054 by $0.026.
          Is Tyler Technologies overvalued?
          According to Wall Street analysts Tyler Technologies’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Tyler Technologies pay dividends?
            Tyler Technologies does not currently pay dividends.
            What is Tyler Technologies’s EPS estimate?
            Tyler Technologies’s EPS estimate is 3.48.
              How many shares outstanding does Tyler Technologies have?
              Tyler Technologies has 40,952,274 shares outstanding.
                What happened to Tyler Technologies’s price movement after its last earnings report?
                Tyler Technologies reported an EPS of $3.08 in its last earnings report, beating expectations of $3.054. Following the earnings report the stock price went down -3.055%.
                  Which hedge fund is a major shareholder of Tyler Technologies?
                  Currently, no hedge funds are holding shares in TYL
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Tyler Technologies

                    Tyler Technologies, Inc. specializes in delivering comprehensive information management solutions and services tailored for the public sector. Its operations are organized into three primary divisions: Enterprise Software, Appraisal and Tax, and NIC. The company's extensive product portfolio encompasses financial management tools, such as modular fund accounting systems designed for government bodies and non-profit organizations, as well as utility billing platforms for managing both metered and unmetered services. Additionally, Tyler offers solutions that automate a wide array of municipal and county operations, ranging from municipal court and parking ticket administration to animal and business licensing, permits and inspections, code enforcement, citizen complaint resolution, ambulance billing, fleet maintenance, and cemetery records management. Educational institutions, particularly K-12 schools, benefit from their specialized student information and transportation management systems. Furthermore, the company delivers a comprehensive suite of judicial technologies, including systems for court case management, integrated court and law enforcement functions, prosecutor support, and supervision. These solutions are scalable for diverse needs, from single-county deployments to multi-jurisdictional or statewide implementations. Their offerings extend to public safety software, alongside systems designed for the automated appraisal and assessment of both real and personal property, complemented by tax billing and collection applications for relevant agencies. Public sector agencies also leverage Tyler's software for planning, regulatory compliance, and maintenance operations. Dedicated applications enhance and automate records and document management, while their data and insights solutions provide valuable analytical capabilities. Beyond core software, Tyler Technologies facilitates Software-as-a-Service (SaaS) deployments and provides electronic document filing solutions for legal and judicial entities. Their service portfolio is robust, encompassing software and hardware installation, data conversion, user training, product customization, and ongoing maintenance and support. They also offer outsourced property appraisal services to taxing authorities. A strategic collaboration agreement with Amazon Web Services (AWS) underscores the company's commitment to cloud-based hosting solutions. Established in 1966, Tyler Technologies, Inc. maintains its headquarters in Plano, Texas.

                    Tyler Technologies (TYL) Earnings & Revenues

                    TYL Company Deck

                    TYL Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized multiple company records (SaaS bookings, total bookings, Q2 free cash flow), strong SaaS revenue growth (21.7%), transaction momentum (+~10% excluding Texas), strategic M&A (FTR) and active capital returns (>5.5% shares repurchased YTD). Management reiterated margin expansion (~100 bps midpoint), controlled hiring and confidence in long-term cloud and AI-driven growth, while noting timing lags for SaaS recognition, AI revenue still early, some one-time margin items and lumpy timing on large cloud flips. Overall the positive operational and financial progress and multiple records materially outweigh the execution and timing risks discussed.View all TYL earnings summaries

                    TYL Revenue Breakdown

                    68.01%68.01%19.11%10.41%0.55%1.93%
                    68.01% Subscriptions
                    19.11% Maintenance
                    10.41% Professional services
                    0.55% Software licenses and royalties
                    1.93% Hardware and other
                    tipranks

                    TYL Stock 12 Month Forecast

                    Average Price Target

                    $419.44
                    ▲(41.15% Upside)
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13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":453.95,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":362.88,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 32,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n   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                    Ownership Overview

                    0.49%38.49%7.58%19.99%
                    7.58% Other Institutional Investors
                    19.99% Public Companies and
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