Tyler Technologies (NYSE:TYL) Issues Earnings Results

Tyler Technologies (NYSE:TYL) released its quarterly earnings data on Wednesday. The technology company reported $3.08 EPS for the quarter, beating the consensus estimate of $3.05 by $0.03, FiscalAI reports. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The firm had revenue of $645.10 million during the quarter, compared to the consensus estimate of $648.01 million. During the same quarter in the previous year, the company posted $2.91 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Tyler Technologies updated its FY 2026 guidance to 12.950-13.200 EPS.

Tyler Technologies Trading Down 4.0%

Tyler Technologies stock traded down $13.45 during trading on Thursday, hitting $320.05. 648,255 shares of the company were exchanged, compared to its average volume of 710,926. The company has a market capitalization of $13.50 billion, a P/E ratio of 44.32, a PEG ratio of 2.21 and a beta of 0.82. The business’s 50 day moving average is $304.36 and its 200 day moving average is $335.57. Tyler Technologies has a 52 week low of $270.71 and a 52 week high of $621.34.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TYL. DA Davidson reissued a “buy” rating and issued a $460.00 price target on shares of Tyler Technologies in a research report on Wednesday, June 10th. TD Cowen lowered their price objective on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Monday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 price objective on shares of Tyler Technologies in a research note on Tuesday, April 28th. Cantor Fitzgerald lifted their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Barclays boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $464.59.

More Tyler Technologies News

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

• Positive Sentiment: Q2 earnings exceeded expectations: Adjusted earnings were $3.08 per share, ahead of the $3.05-$3.06 consensus and up from $2.91 a year earlier. Revenue rose 8.2% to $645.1 million, while operating cash flow reached $124.4 million and free cash flow was $118.5 million. Tyler Technologies Reports Second Quarter 2026 Results
• Positive Sentiment: SaaS momentum remained strong: SaaS revenue increased 21.7% to $230.6 million, and recurring revenue totaled $559.5 million, representing 86.7% of total revenue. This supports the company’s predictable, subscription-based business model. Tyler Technologies Q2 Revenue Rises 8 Percent
• Positive Sentiment: Large buyback authorized: Tyler approved a new $1.5 billion share-repurchase program and repurchased approximately $505 million of stock during the quarter, potentially providing support for earnings per share and the stock.
• Neutral Sentiment: Full-year EPS outlook was raised relative to consensus: Fiscal 2026 EPS guidance of $12.95-$13.20 is above the roughly $12.30 analyst consensus. Revenue guidance of $2.535-$2.575 billion, however, is near or slightly below the $2.6 billion consensus, suggesting limited top-line upside. Tyler Technologies Tops Q2 Earnings Estimates
• Negative Sentiment: Revenue missed estimates: Quarterly revenue of $645.1 million fell short of analysts’ approximately $648 million forecast. For a premium-valued software company, the shortfall may have overshadowed the EPS beat and strong SaaS growth.
• Negative Sentiment: Analyst price-target reduction adds pressure: TD Cowen lowered its Tyler Technologies price target to $400, a sign that some analysts see less near-term upside despite the company’s favorable earnings outlook. TD Cowen Lowers Tyler Technologies Price Target

Hedge Funds Weigh In On Tyler Technologies

A number of hedge funds have recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new position in shares of Tyler Technologies during the first quarter valued at about $38,000. NewEdge Advisors LLC grew its position in Tyler Technologies by 17.8% in the 1st quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock worth $146,000 after purchasing an additional 38 shares in the last quarter. Woodline Partners LP purchased a new stake in Tyler Technologies in the 1st quarter valued at about $2,102,000. Geneos Wealth Management Inc. increased its stake in Tyler Technologies by 137.9% in the 1st 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, American Century Companies Inc. lifted its position in shares of Tyler Technologies by 12.5% during the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock worth $368,000 after buying an additional 69 shares in the last quarter. 93.30% of the stock is owned by hedge funds and other institutional investors.

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.