Tyler Technologies (NYSE:TYL) Announces Quarterly Earnings Results

Tyler Technologies (NYSE:TYL) released its earnings results on Wednesday. The technology company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.48 by $0.04, FiscalAI reports. Tyler Technologies had a return on equity of 11.64% and a net margin of 13.51%. The company had revenue of $647.57 million for the quarter, compared to the consensus estimate of $651.52 million. During the same quarter last year, the business posted $2.91 EPS. Tyler Technologies’s quarterly revenue was up 8.7% compared to the same quarter last year.

Tyler Technologies Stock Up 4.1%

TYL stock traded up $15.26 during mid-day trading on Friday, hitting $389.19. The stock had a trading volume of 215,155 shares, compared to its average volume of 745,598. Tyler Technologies has a 1-year low of $270.71 and a 1-year high of $483.50. The company has a fifty day moving average of $350.98 and a 200 day moving average of $337.76. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $15.94 billion, a price-to-earnings ratio of 49.22, a PEG ratio of 2.38 and a beta of 0.85.

Analysts Set New Price Targets

TYL has been the topic of a number of recent analyst reports. UBS Group set a $395.00 price target on Tyler Technologies in a report on Saturday, August 1st. BTIG Research lifted their target price on Tyler Technologies from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Friday. Guggenheim initiated coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price target for the company. The Goldman Sachs Group downgraded shares of Tyler Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $395.00 to $345.00 in a report on Thursday, October 8th. Finally, TD Cowen increased their target price on shares of Tyler Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $444.44.

Insider Activity

In related news, CEO H Lynn Moore, Jr. sold 9,250 shares of the firm’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 transaction, the chief executive officer owned 100,392 shares of the company’s stock, valued at approximately $37,425,133.68. This trade represents a 8.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey Puckett sold 8,500 shares of the company’s 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 completion of the sale, the chief operating officer owned 7,784 shares of the company’s stock, valued at $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is owned by insiders.

More 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.