Tyler Technologies (NYSE:TYL) Releases FY 2026 Earnings Guidance

Tyler Technologies (NYSE:TYL) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 12.950-13.200 for the period, compared to the consensus EPS estimate of 12.500. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

Tyler Technologies Price Performance

TYL stock opened at $372.75 on Friday. The company has a market cap of $15.26 billion, a price-to-earnings ratio of 46.95, a PEG ratio of 2.38 and a beta of 0.85. Tyler Technologies has a 12-month low of $270.71 and a 12-month high of $489.92. The firm has a 50 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.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, October 28th. The technology company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.48 by $0.04. Tyler Technologies had a return on equity of 11.64% and a net margin of 13.51%. The business had revenue of $647.57 million during the quarter, compared to the consensus estimate of $651.52 million. During the same period in the prior year, the firm posted $2.91 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, equities analysts expect that Tyler Technologies will post 10.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TYL has been the subject of a number of analyst reports. TD Cowen boosted their price objective on Tyler Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. Wells Fargo & Company upgraded shares of Tyler Technologies from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $335.00 to $400.00 in a research note on Monday, October 12th. Zacks Research lowered Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. UBS Group set a $395.00 price target on Tyler Technologies in a research report on Saturday, August 1st. Finally, Needham & Company LLC lifted their price target on shares of Tyler Technologies from $400.00 to $500.00 and gave the company a “buy” rating in a research note on Tuesday. One equities research 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. Based on data from MarketBeat, Tyler Technologies has an average rating of “Moderate Buy” and a consensus price target of $444.44.

Insider Activity

In other news, CEO H Lynn Moore, Jr. sold 9,250 shares of the company’s stock in a transaction on Friday, August 28th. The stock was 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 $37,425,133.68. This represents a 8.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey Puckett sold 8,500 shares of Tyler Technologies stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $356.44, for a total value of $3,029,740.00. Following the transaction, the chief operating officer directly owned 7,784 shares of the company’s stock, valued at $2,774,528.96. The trade was a 52.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Key Tyler Technologies News

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

• Positive Sentiment: BTIG Research raised its price target from $400 to $430 and maintained a “Buy” rating, implying meaningful upside from the recent trading level. BTIG Research analyst ratings
• Positive Sentiment: Third-quarter adjusted EPS was $3.52, exceeding the consensus estimate of $3.48, while revenue rose 8.7% year over year to $647.6 million. Profitability and operating income also improved. 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, with Cloud Living rollouts targeted for early 2027. Tyler Technologies SaaS growth outlook
• Positive Sentiment: Cash generation was particularly strong: 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. Tyler Technologies long-term investor takeaways
• Neutral Sentiment: Other analysts, including TD Cowen, Needham and DA Davidson, remain constructive on Tyler Technologies, reinforcing a generally favorable Wall Street view. TD Cowen rating
• Negative Sentiment: Revenue of $647.6 million fell slightly short of analyst expectations of approximately $651.5 million. Management also narrowed the top end of its 2026 revenue guidance to $2.565 billion from $2.575 billion, although adjusted EPS guidance remained unchanged at $12.95–$13.20. Tyler Technologies earnings 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.