Tyler Technologies (NYSE:TYL) Issues FY 2026 Earnings Guidance

Tyler Technologies (NYSE:TYL) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 12.950-13.200 for the period, compared to the consensus estimate of 12.300. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. DA Davidson reaffirmed a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a report on Wednesday, June 10th. Truist Financial set a $440.00 price target on shares of Tyler Technologies in a report on Friday, May 1st. TD Cowen lowered their price target on Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday. Barclays boosted their price objective on Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Finally, Piper Sandler reduced their target price on Tyler Technologies from $543.00 to $491.00 and set an “overweight” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $460.35.

Tyler Technologies Price Performance

Shares of TYL stock traded down $12.68 during midday trading on Friday, reaching $310.63. 402,860 shares of the company traded hands, compared to its average volume of 716,079. The firm’s 50 day simple moving average is $304.67 and its two-hundred day simple moving average is $334.70. Tyler Technologies has a 1-year low of $270.71 and a 1-year high of $621.34. The firm has a market cap of $13.10 billion, a PE ratio of 41.20, a price-to-earnings-growth ratio of 2.21 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. The firm had revenue of $645.10 million for the quarter, compared to analyst estimates of $648.01 million. Tyler Technologies had a return on equity of 10.70% and a net margin of 13.36%.The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, research analysts anticipate that Tyler Technologies will post 10.04 earnings per share for the current fiscal year.

Trending Headlines about Tyler Technologies

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

• Positive Sentiment: Tyler Technologies acquired CODY Systems, a public-safety software provider. The deal expands Tyler’s offerings and customer reach in its government technology market. Tyler Technologies Acquires CODY Systems
• Positive Sentiment: Second-quarter adjusted earnings were $3.08 per share, slightly above consensus, while revenue increased 8.2% year over year to $645.1 million. SaaS revenue rose 21.7% to $230.6 million, recurring revenue represented 86.7% of total revenue, and free cash flow reached $118.5 million. Tyler Technologies Q2 Earnings Beat Estimates
• Positive Sentiment: The company authorized an additional $1.5 billion share-repurchase program and repurchased approximately $505 million of stock during the quarter, potentially supporting earnings per share and shareholder returns. Tyler Technologies Q2 Revenue Rises
• Neutral Sentiment: Management highlighted record SaaS and total bookings, cloud momentum, and plans for cloud-living pilots in 2027. It is targeting conversion of 85% of maintenance revenue to cloud by 2030, offering a potential longer-term growth catalyst. Tyler Outlines Cloud-Living Pilots
• Negative Sentiment: Quarterly revenue of $645.1 million fell modestly short of analyst expectations near $648 million. Investors appeared to place more weight on the revenue miss than on the small EPS beat, particularly given Tyler’s premium valuation. Why Tyler Technologies Stock Got Thrashed
• Negative Sentiment: Tyler maintained its full-year outlook rather than raising it. Revenue guidance of $2.535 billion to $2.575 billion is below the roughly $2.6 billion consensus estimate, creating concern that near-term growth may not justify the stock’s valuation.
• Negative Sentiment: BTIG and Piper Sandler lowered their price targets to $400 and $491, respectively, although both retained bullish ratings. The target reductions reinforce investors’ cautious reaction to the earnings update. Benzinga analyst updates

Institutional Investors Weigh In On Tyler Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. acquired a new position in Tyler Technologies during the first quarter worth about $38,000. NewEdge Advisors LLC boosted its position in shares of Tyler Technologies by 17.8% during the 1st quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock valued at $146,000 after purchasing an additional 38 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Tyler Technologies in the 1st quarter worth approximately $2,102,000. Geneos Wealth Management Inc. grew its stake in shares of Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after purchasing an additional 40 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Tyler Technologies by 12.5% in the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock worth $368,000 after purchasing an additional 69 shares in the last quarter. Institutional investors own 93.30% of the company’s stock.

About Tyler Technologies

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.