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

Tyler Technologies (NYSE:TYL) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 12.950-13.200 for the period, compared to the consensus EPS estimate of 12.300. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

Tyler Technologies Trading Down 3.3%

TYL traded down $11.05 on Thursday, hitting $322.45. 1,337,397 shares of the stock traded hands, compared to its average volume of 715,669. The firm has a market capitalization of $13.60 billion, a PE ratio of 44.38, a P/E/G ratio of 2.21 and a beta of 0.82. Tyler Technologies has a 52 week low of $270.71 and a 52 week high of $621.34. The business has a fifty day moving average price of $304.36 and a two-hundred day moving average price of $335.57.

Tyler Technologies (NYSE:TYL) last issued its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, topping the consensus estimate of $3.05 by $0.03. 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 analysts’ expectations of $648.01 million. During the same period last year, the business earned $2.91 earnings per share. Tyler Technologies’s quarterly revenue was up 8.2% compared to the same quarter last year. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. On average, equities research analysts forecast that Tyler Technologies will post 10.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Cantor Fitzgerald boosted their target price on Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research report on Friday, May 1st. Guggenheim initiated coverage on shares of Tyler Technologies in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $440.00 price objective for the company. Finally, Barclays upped 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 equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $464.59.

Trending Headlines about Tyler Technologies

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

• Positive Sentiment: Tyler Technologies reported adjusted Q2 2026 EPS of $3.08, ahead of the roughly $3.05–$3.07 consensus, while revenue increased 8.2% year over year to $645.1 million. Tyler Technologies Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Underlying recurring-business trends were favorable: recurring revenue reached $559.5 million, SaaS revenue grew 21.7% to $230.6 million, and management highlighted record SaaS and total bookings. Operating cash flow was $124.4 million and free cash flow was $118.5 million. Tyler Technologies Q2 Revenue Rises 8 Percent to $645.1 Million
• Positive Sentiment: The company authorized a new $1.5 billion share-repurchase program after buying back about $505 million of stock during the quarter, potentially supporting per-share results. Tyler Technologies Reports Strong Q2 Results, Expands Buybacks
• Positive Sentiment: Analyst support remains constructive. Barclays reaffirmed its Buy rating, while William Blair maintained a Buy rating citing SaaS growth, AI expansion and earnings prospects. Barclays Reaffirms Buy Rating
• Neutral Sentiment: Tyler reaffirmed FY 2026 adjusted EPS guidance of $12.95–$13.20, above consensus, but revenue guidance of $2.535–$2.575 billion remains below the approximately $2.6 billion analyst expectation.
• Negative Sentiment: Revenue of $645.1 million fell modestly short of estimates near $648 million. Investors appear to be focusing on the top-line miss and the lack of a guidance increase, particularly given Tyler’s premium valuation. Tyler Technologies Slips as Investors Focus on Revenue Miss

Institutional Trading of Tyler Technologies

A number of institutional investors have recently modified their holdings of TYL. DV Equities LLC acquired a new position in shares of Tyler Technologies in the 4th quarter valued at approximately $27,000. Sfam LLC bought a new stake in Tyler Technologies during the fourth quarter worth $37,000. Advisors Asset Management Inc. acquired a new stake in shares of Tyler Technologies in the 1st quarter valued at $38,000. Geneos Wealth Management Inc. raised its holdings in shares of Tyler Technologies by 137.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock worth $40,000 after buying an additional 40 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Tyler Technologies by 35.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 103 shares of the technology company’s stock worth $54,000 after buying an additional 27 shares during the last quarter. 93.30% of the stock is currently owned by 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.