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

Tyler Technologies (NYSE:TYL) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (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 Trading Up 4.3%

NYSE TYL traded up $15.96 during trading hours on Friday, reaching $389.89. The company’s stock had a trading volume of 291,400 shares, compared to its average volume of 745,858. The stock has a market cap of $15.97 billion, a P/E ratio of 49.03, a P/E/G ratio of 2.38 and a beta of 0.85. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 1.55. Tyler Technologies has a 52 week low of $270.71 and a 52 week high of $483.50. The firm has a fifty day simple moving average of $350.98 and a 200-day simple moving average of $337.76.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, October 28th. The technology company reported $3.52 earnings per share for the quarter, topping analysts’ consensus estimates of $3.48 by $0.04. The business had revenue of $647.57 million during the quarter, compared to the consensus estimate of $651.52 million. Tyler Technologies had a net margin of 13.51% and a return on equity of 11.64%. Tyler Technologies’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.91 earnings per share. Equities analysts forecast that Tyler Technologies will post 10.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

TYL has been the topic of a number of research analyst reports. Weiss Ratings raised shares of Tyler Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 22nd. Zacks Research lowered shares of Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Wells Fargo & Company raised shares of Tyler Technologies from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $335.00 to $400.00 in a report on Monday, October 12th. UBS Group set a $395.00 target price on shares of Tyler Technologies in a research report on Saturday, August 1st. Finally, Piper Sandler started coverage on Tyler Technologies in a report on Monday, September 28th. They issued an “overweight” rating and a $450.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $444.44.

Insider Buying and Selling

In other news, COO Jeffrey Puckett sold 8,500 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $356.44, for a total transaction of $3,029,740.00. Following the transaction, the chief operating officer directly owned 7,784 shares of the company’s stock, valued at $2,774,528.96. This represents a 52.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO H. Moore, Jr. sold 9,250 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the sale, the chief executive officer owned 100,392 shares of the company’s stock, valued at $37,425,133.68. This trade represents a 8.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Key Tyler Technologies News

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

• Positive Sentiment: Tyler raised its fiscal 2026 adjusted EPS guidance to $12.95–$13.20, above the $12.50 consensus estimate. BTIG Research also raised its price target from $400 to $430 and maintained a Buy rating. BTIG Research analyst rating
• Positive Sentiment: Third-quarter adjusted EPS was $3.52, beating analyst expectations of approximately $3.48. Revenue rose 8.7% year over year to $647.6 million, while GAAP net income increased 12.7% to $95.1 million. Tyler Technologies third-quarter results
• Positive Sentiment: SaaS revenue grew 21.2% to $242.2 million, subscription revenue increased 15.3%, and recurring revenue rose 11.0%. Management outlined a path toward roughly 20% SaaS growth through 2030, supported by additional cloud product rollouts, including Cloud Living planned for early 2027. Tyler SaaS growth outlook
• Positive Sentiment: Quarterly free cash flow reached a record $277 million, up 11.9% year over year. Tyler also repurchased approximately $379 million of stock during the quarter, supporting per-share results. Tyler Technologies earnings takeaways
• Neutral Sentiment: Analyst sentiment remains favorable: Needham and DA Davidson continue to view the stock positively, while published price targets include a median of $442.50. However, valuation remains demanding, with the stock trading at roughly 49 times earnings.
• Negative Sentiment: Quarterly revenue fell slightly short of the approximately $651.5 million consensus estimate. Tyler also reduced the upper end of its 2026 revenue outlook, now projecting approximately $2.535–$2.565 billion versus a prior high end of $2.575 billion. This softer top-line outlook likely explains the initial investor disappointment despite solid profitability and cash flow. Tyler Technologies revenue outlook analysis

About Tyler Technologies

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.