JPMorgan Chase & Co. Issues Pessimistic Forecast for Tyler Technologies (NYSE:TYL) Stock Price

Tyler Technologies (NYSE:TYL) had its target price reduced by investment analysts at JPMorgan Chase & Co. from $650.00 to $525.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 90.40% from the company’s previous close.

A number of other analysts also recently issued reports on TYL. Robert W. Baird set a $455.00 price objective on shares of Tyler Technologies in a report on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. DA Davidson reaffirmed a “buy” rating and issued a $460.00 target price on shares of Tyler Technologies in a research report on Wednesday, June 10th. Cantor Fitzgerald raised their target price on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, BTIG Research reiterated a “buy” rating and issued a $420.00 price target on shares of Tyler Technologies in a research note on Wednesday, June 10th. Thirteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $472.38.

Tyler Technologies Stock Performance

NYSE:TYL opened at $275.73 on Tuesday. The stock has a 50-day simple moving average of $316.31 and a 200 day simple moving average of $363.96. 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 $11.63 billion, a PE ratio of 38.08, a PEG ratio of 1.86 and a beta of 0.83.

Tyler Technologies (NYSE:TYL) last released its earnings results on Wednesday, April 29th. The technology company reported $3.09 EPS for the quarter, beating the consensus estimate of $3.01 by $0.08. The firm had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $608.66 million. Tyler Technologies had a return on equity of 10.74% and a net margin of 13.26%.The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.78 EPS. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. On average, research analysts predict that Tyler Technologies will post 10.01 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tyler Technologies

Institutional investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its stake in Tyler Technologies by 15.1% in the first quarter. Pacer Advisors Inc. now owns 35,978 shares of the technology company’s stock valued at $12,318,000 after acquiring an additional 4,726 shares during the last quarter. DV Trading LLC grew its position in shares of Tyler Technologies by 444.2% in the 1st quarter. DV Trading LLC now owns 653 shares of the technology company’s stock valued at $224,000 after acquiring an additional 533 shares during the period. Parallel Advisors LLC increased its stake in shares of Tyler Technologies by 33.7% during the 1st quarter. Parallel Advisors LLC now owns 667 shares of the technology company’s stock worth $229,000 after purchasing an additional 168 shares during the last quarter. Integrated Investment Consultants LLC increased its stake in shares of Tyler Technologies by 39.0% during the 1st quarter. Integrated Investment Consultants LLC now owns 981 shares of the technology company’s stock worth $336,000 after purchasing an additional 275 shares during the last quarter. Finally, Henshaw Capital LLC raised its holdings in shares of Tyler Technologies by 161.1% in the 1st quarter. Henshaw Capital LLC now owns 6,673 shares of the technology company’s stock valued at $2,285,000 after purchasing an additional 4,117 shares during the period. 93.30% of the stock is currently owned by institutional investors and hedge funds.

Tyler Technologies Company Profile

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.