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

Tyler Technologies (NYSE:TYL) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 12.950-13.200 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TYL. DA Davidson restated a “buy” rating and set a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a research report on Tuesday, April 28th. JPMorgan Chase & Co. reduced their target price on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. Robert W. Baird set a $455.00 target price on shares of Tyler Technologies in a research note on Friday, May 1st. Finally, TD Cowen lowered their price target on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tyler Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $464.59.

Tyler Technologies Trading Up 0.3%

Shares of NYSE:TYL traded up $1.01 during trading on Wednesday, hitting $334.37. 1,450,518 shares of the company’s stock traded hands, compared to its average volume of 663,111. Tyler Technologies has a 52 week low of $270.71 and a 52 week high of $621.34. The company has a market cap of $14.10 billion, a price-to-earnings ratio of 46.18, a price-to-earnings-growth ratio of 2.21 and a beta of 0.82. The company has a 50-day moving average price of $304.36 and a 200-day moving average price of $335.57.

Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $3.05 by $0.03. The firm had revenue of $645.10 million during the quarter, compared to analyst estimates of $648.01 million. Tyler Technologies had a net margin of 13.26% and a return on equity of 10.74%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, analysts predict that Tyler Technologies will post 10.04 earnings per share for the current fiscal year.

Key Tyler Technologies News

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

• Positive Sentiment: Quarterly earnings beat expectations: Tyler reported adjusted earnings of $3.08 per share, above the $3.05-$3.06 consensus range and up from $2.91 a year earlier. Revenue increased 8.2% year over year to $645.1 million. Tyler Technologies Tops Q2 Earnings Estimates
• Positive Sentiment: Recurring and SaaS revenue remained strong: Recurring revenue reached $559.5 million, or 86.7% of total revenue, while SaaS revenue grew 21.7% to $230.6 million. Operating cash flow was $124.4 million and free cash flow was $118.5 million. Tyler Technologies Q2 Revenue Rises 8 Percent
• Positive Sentiment: Shareholder returns expanded: The company authorized up to $1.5 billion in additional Class A share repurchases after buying back approximately $505 million of stock during the quarter. Buybacks can support per-share earnings and signal management confidence.
• Positive Sentiment: Profit guidance exceeded consensus: Tyler forecast 2026 earnings of $12.95-$13.20 per share, above the $12.30 analyst consensus. Full-year revenue guidance was set at $2.535-$2.575 billion.
• Neutral Sentiment: Revenue slightly missed estimates: Second-quarter revenue of $645.1 million was below analysts’ approximately $648 million forecast, limiting the overall upside from the earnings report.
• Negative Sentiment: Price target reduced: TD Cowen lowered its Tyler Technologies price target to $400, a potentially cautious signal despite maintaining a target well above the recent trading level. TD Cowen Lowers Tyler Technologies Price Target

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TYL. DV Equities LLC bought a new position in Tyler Technologies during the fourth quarter worth about $27,000. Sfam LLC bought a new stake in Tyler Technologies in the fourth quarter valued at approximately $37,000. Advisors Asset Management Inc. acquired a new stake in shares of Tyler Technologies in the first quarter valued at approximately $38,000. Geneos Wealth Management Inc. lifted its position in shares of Tyler Technologies by 137.9% in the first quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after buying an additional 40 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Tyler Technologies by 35.5% in the third quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock valued at $54,000 after buying an additional 27 shares during the last quarter. Institutional investors and hedge funds 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.