Tyler Technologies (NYSE:TYL) Price Target Raised to $430.00

Tyler Technologies (NYSE:TYL) had its price target upped by Wells Fargo & Company from $400.00 to $430.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

Several other research analysts have also recently weighed in on the company. Piper Sandler assumed coverage on Tyler Technologies in a research report on Monday, September 28th. They set an “overweight” rating and a $450.00 price objective on the stock. The Goldman Sachs Group lowered Tyler Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $395.00 to $345.00 in a research report on Thursday, October 8th. Guggenheim assumed coverage on Tyler Technologies in a research note on Wednesday, July 22nd. They set a “buy” rating and a $440.00 target price on the stock. BTIG Research upped their price target on shares of Tyler Technologies from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Friday. Finally, UBS Group set a $395.00 target price on shares of Tyler Technologies in a report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $438.53.

Tyler Technologies Stock Down 0.0%

TYL stock opened at $394.26 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a market cap of $15.68 billion, a PE ratio of 49.65, a P/E/G ratio of 2.59 and a beta of 0.74. The firm has a 50 day simple moving average of $351.90 and a 200 day simple moving average of $337.50. Tyler Technologies has a 12 month low of $270.71 and a 12 month high of $483.50.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings results on Wednesday, October 28th. The technology company reported $3.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.48 by $0.04. The company had revenue of $647.57 million during the quarter, compared to analysts’ expectations of $651.38 million. Tyler Technologies had a net margin of 13.51% and a return on equity of 12.21%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.91 earnings per share. Equities research analysts forecast that Tyler Technologies will post 10.13 earnings per share for the current fiscal year.

Insider Activity at Tyler Technologies

In related news, CEO H Lynn Moore, Jr. sold 9,250 shares of Tyler Technologies stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $372.79, for a total value of $3,448,307.50. Following the sale, the chief executive officer directly owned 100,392 shares in the company, valued at $37,425,133.68. The trade was a 8.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jeffrey Puckett sold 8,500 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were 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 in the company, valued at $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TYL. Raiffeisen Bank International AG boosted its stake in Tyler Technologies by 259.3% during the second quarter. Raiffeisen Bank International AG now owns 97 shares of the technology company’s stock valued at $28,000 after buying an additional 70 shares in the last quarter. Quantbot Technologies LP bought a new stake in Tyler Technologies in the second quarter valued at about $35,000. Pin Oak Investment Advisors Inc. acquired a new stake in Tyler Technologies during the 2nd quarter valued at $37,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Tyler Technologies by 75.0% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 147 shares of the technology company’s stock worth $50,000 after buying an additional 63 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Tyler Technologies by 235.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 161 shares of the technology company’s stock valued at $54,000 after buying an additional 113 shares in the last quarter. 93.30% of the stock is currently owned by institutional investors.

Key Stories Impacting Tyler Technologies

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

• Positive Sentiment: Raised analyst targets: Wells Fargo raised its price target from $400 to $430 and assigned an “overweight” rating, while BTIG increased its target from $400 to $430 and maintained a “buy” rating. Wells Fargo price target report
• Positive Sentiment: Above-consensus earnings and strong recurring growth: Third-quarter adjusted earnings were $3.52 per share, ahead of estimates, while revenue rose 8.7% year over year to $647.6 million. SaaS revenue increased 21.2% to $242.2 million, and subscription revenue grew 15.3% to $462.6 million. TYL Q3 earnings report
• Positive Sentiment: Record cash flow and favorable profit guidance: Free cash flow reached a quarterly record of $277 million, up 11.9%. Tyler maintained fiscal 2026 adjusted EPS guidance of $12.95 to $13.20, above the $12.50 consensus estimate, suggesting continued margin strength.
• Positive Sentiment: Long-term cloud outlook: Management outlined a path toward approximately 20% SaaS growth through 2030, with additional Cloud Living rollouts targeted for early 2027. Tyler SaaS growth outlook
• Neutral Sentiment: Revenue outlook is mixed: Fiscal 2026 revenue guidance is approximately $2.535 billion to $2.565 billion, with the top end reduced from $2.575 billion. The range is near or slightly below consensus, reflecting continued investor sensitivity to top-line growth.
• Negative Sentiment: Revenue miss and insider selling: The quarterly revenue result was modestly below Wall Street expectations, and recent reported insider activity consisted of sales by the CEO and COO, with no open-market purchases in the past six months.

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.