Tyler Technologies (TYL)
NYSE:TYL
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TYL Stock Chart & Stats
$342.61
$6.46(1.15%)
At close: 4:00 PM EST
$342.61
$6.46(1.15%)
Day’s Range― - ―
52-Week Range$274.09 - $621.34
Previous CloseN/A
Volume49.28K
Average Volume (3M)921.24K
Market Cap
$12.41B
Enterprise Value$11.86B
Total Cash (Recent Filing)$346.35M
Total Debt (Recent Filing)$47.96M
Price to Earnings (P/E)40.1
Beta0.44
Next Earnings
Jul 29, 2026EPS Estimate
3.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.34
Shares Outstanding42,167,454
10 Day Avg. Volume1,064,660
30 Day Avg. Volume921,236
Financial Highlights & Ratios
PEG Ratio3.33
Price to Book (P/B)5.28
Price to Sales (P/S)8.39
P/FCF Ratio30.69
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue4.98
Enterprise Value/Gross Profit10.93
Enterprise Value/Ebitda22.66
Forecast
1Y Price Target
$428.07Price Target Upside24.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)12.86
Revenue Forecast (FY)$2.56B
Bulls Say, Bears Say
Bulls Say
De-risked Balance SheetTyler’s materially de‑levered balance sheet and very low trailing leverage enhance financial flexibility for multi-year investments, M&A, and opportunistic buybacks. This durable strength reduces refinancing risk, supports credit capacity under the new $1B facility, and cushions cyclical public-sector receipts.
Strong Cash GenerationHigh-quality operating and free cash flow that generally tracks earnings provides long-term funding for R&D, cloud investments, and shareholder returns. Reliable cash conversion supports capital allocation flexibility and lowers dependence on external funding for product and SaaS rollout plans.
Recurring Revenue & Cloud MomentumA dominant recurring revenue base and accelerating cloud 'flip' activity increase revenue predictability and lifetime customer value. Structural migration to SaaS (higher recurring mix) supports margin leverage over time, while steady flips and transaction wins deepen government wallet share and cross-sell opportunities.
Bears Say
Flip Cadence UncertaintyUncertain timing of customer migrations from on‑prem to SaaS creates multi‑quarter variability in revenue recognition, maintenance erosion, and ARR growth visibility. This structural timing risk complicates medium‑term planning for capacity, cash flow phasing, and margin realization as flips are lumpy and backloaded.
Operating Margin VolatilityObserved EBIT margin swings reflect mix, investments, and accounting shifts (R&D capitalization changes). Persistent volatility can erode forecast reliability and temper sustainable margin expansion expectations, especially while the company balances cloud margin gains against higher R&D and integration costs.
Slow Public Sector AdoptionStructural constraints in government procurement, hardware replacement cycles, and security concerns slow SaaS and AI adoption. This elongates sales cycles, delays monetization of new offerings (including AI), and limits how quickly Tyler can convert TAM into recurring revenue despite strong product fit.
Tyler Technologies News
TYL FAQ
What was Tyler Technologies’s price range in the past 12 months?
Tyler Technologies lowest stock price was $274.09 and its highest was $621.34 in the past 12 months.
What is Tyler Technologies’s market cap?
Tyler Technologies’s market cap is $12.41B.
When is Tyler Technologies’s upcoming earnings report date?
Tyler Technologies’s upcoming earnings report date is Jul 29, 2026 which is in 31 days.
How were Tyler Technologies’s earnings last quarter?
Tyler Technologies released its earnings results on Apr 29, 2026. The company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $3.005 by $0.085.
Is Tyler Technologies overvalued?
According to Wall Street analysts Tyler Technologies’s price is currently Undervalued.
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 3.09.
How many shares outstanding does Tyler Technologies have?
Tyler Technologies has 42,167,454 shares outstanding.
What happened to Tyler Technologies’s price movement after its last earnings report?
Tyler Technologies reported an EPS of $3.09 in its last earnings report, beating expectations of $3.005. Following the earnings report the stock price went down -4.177%.
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
Tyler Technologies Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$428.07 (24.94% Upside)
$428.07 (24.94% Upside)
Blogger Sentiment
Bullish
TYL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 18.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.5%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-48.99%
12-Months-Change
Fundamentals
Return on Equity
8.71%
Trailing 12-Months
Asset Growth
-7.58%
Trailing 12-Months
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.
TYL Company Deck
TYL Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial tone: record revenues and recurring revenues, free cash flow more than doubling, improving operating margins from the cloud transition, a strategic acquisition (FTR) adding ~ $30M of revenue and expanding TAM, steady bookings and transaction wins, and measured progress on AI and cross-sell initiatives. The lowlights were largely timing, accounting/geography shifts (R&D capitalization), and recognition that AI and full SaaS financial benefits will ramp more slowly given public sector adoption patterns and flip cadence uncertainty. Overall the positives (record metrics, cash generation, strategic M&A, cloud momentum, and buybacks) materially outweigh the execution and timing caveats.View all TYL earnings summariesTYL Revenue Breakdown
68.01% Subscriptions
19.11% Maintenance
10.41% Professional services
0.55% Software licenses and royalties
1.93% Hardware and other
TYL Stock 12 Month Forecast
Average Price Target
$428.07
▲(24.94% Upside)
Technical Analysis
Ownership Overview
0.48% Insiders
37.38% Mutual Funds
24.39% Other Institutional Investors
4.41% Public Companies and
Individual Investors