Tyler Technologies (NYSE:TYL) Updates 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 12.500-12.750 for the period, compared to the consensus estimate of 12.010. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.5 billion.

Tyler Technologies Trading Down 4.3%

Tyler Technologies stock traded down $15.26 during mid-day trading on Thursday, hitting $340.75. The stock had a trading volume of 933,906 shares, compared to its average volume of 616,077. The stock has a 50-day simple moving average of $342.47 and a two-hundred day simple moving average of $407.78. The stock has a market capitalization of $14.47 billion, a PE ratio of 47.33, a P/E/G ratio of 2.27 and a beta of 0.92. Tyler Technologies has a 12 month low of $283.71 and a 12 month high of $621.34.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.08. The business had revenue of $613.50 million for the quarter, compared to analysts’ expectations of $641.77 million. Tyler Technologies had a return on equity of 10.42% and a net margin of 13.53%.The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.78 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.500-12.750 EPS. Sell-side analysts expect that Tyler Technologies will post 9.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TYL has been the topic of several recent research reports. Piper Sandler reiterated an “overweight” rating and issued a $543.00 price target (down from $671.00) on shares of Tyler Technologies in a report on Friday, February 13th. BTIG Research reduced their target price on Tyler Technologies from $470.00 to $420.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Citizens Jmp restated a “market outperform” rating and set a $500.00 target price on shares of Tyler Technologies in a report on Tuesday. Wells Fargo & Company reduced their target price on Tyler Technologies from $420.00 to $335.00 and set an “equal weight” rating on the stock in a report on Friday, February 13th. Finally, Oppenheimer reduced their target price on Tyler Technologies from $510.00 to $450.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Twelve analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Tyler Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $466.29.

Insider Activity

In other Tyler Technologies news, Director Glenn A. Carter sold 1,624 shares of the firm’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $349.14, for a total transaction of $567,003.36. Following the transaction, the director owned 5,298 shares in the company, valued at approximately $1,849,743.72. This trade represents a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel M. Pope sold 500 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $355.40, for a total value of $177,700.00. Following the transaction, the director owned 2,871 shares in the company, valued at approximately $1,020,353.40. This trade represents a 14.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 7,298 shares of company stock valued at $2,658,721. Insiders own 1.10% of the company’s stock.

More Tyler Technologies News

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

• Positive Sentiment: EPS beat and recurring‑revenue momentum — Tyler reported $3.09 EPS vs. $3.01 consensus, with SaaS growth, strong bookings and rising cash flow highlighting momentum in recurring revenues. Tyler Technologies Q1 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Company raised FY‑2026 EPS guidance — Management set FY26 EPS guidance to $12.50–$12.75, above Street consensus, signaling confidence in profit leverage even as revenue timing shifts. Tyler Technologies Reports First Quarter 2026 Results
• Positive Sentiment: Longer‑term cloud conversion plan and near‑term revenue uplift — Management targets moving 80%+ of on‑prem customers to the cloud by 2030 and said the For The Record acquisition adds roughly $30M to 2026 revenue guidance. That supports longer‑term SaaS mix and recurring revenue growth. Tyler targets 80% of on‑prem customers moved to the cloud by 2030 as For The Record adds ~$30M to 2026 revenue guide
• Neutral Sentiment: Street narrative and target shifts — Analysts and strategists are reframing the investment case (growth vs. margin conversion and SaaS visibility), leading to shifting price targets and debates over valuation multiples. Watch analyst notes for updated targets. How The Investment Narrative For Tyler Technologies (TYL) Is Shifting With New Street Targets
• Negative Sentiment: Revenue missed expectations — Revenue was $613.5M versus consensus near $642M, a notable shortfall that likely drove the negative price reaction despite the EPS beat. Tyler Technologies Q1 results and transcript
• Negative Sentiment: Market reaction and near‑term execution risk — Shares are trading lower as investors focus on the near‑term revenue cadence, the pace of cloud conversions, and how quickly M&A adds to recurring revenue; any softness in bookings or slower cloud migrations would pressure sentiment.

Institutional Investors Weigh In On Tyler Technologies

A number of hedge funds have recently modified their holdings of TYL. Wellington Management Group LLP raised its position in shares of Tyler Technologies by 72.5% during the third quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after purchasing an additional 252,488 shares during the period. Two Sigma Investments LP raised its position in shares of Tyler Technologies by 189.6% during the third quarter. Two Sigma Investments LP now owns 290,511 shares of the technology company’s stock worth $151,984,000 after purchasing an additional 190,210 shares during the period. Woodline Partners LP raised its position in shares of Tyler Technologies by 3,448.6% during the third quarter. Woodline Partners LP now owns 165,543 shares of the technology company’s stock worth $86,605,000 after purchasing an additional 160,878 shares during the period. DF Dent & Co. Inc. raised its position in shares of Tyler Technologies by 97.5% during the third quarter. DF Dent & Co. Inc. now owns 252,725 shares of the technology company’s stock worth $132,216,000 after purchasing an additional 124,745 shares during the period. Finally, Voloridge Investment Management LLC acquired a new stake in shares of Tyler Technologies during the fourth quarter worth about $23,306,000. 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.