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

Tyler Technologies (NYSE:TYL) issued an update on its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 12.950-13.200 for the period, compared to the consensus 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 Stock Up 5.4%

Tyler Technologies stock opened at $394.26 on Friday. The firm has a market capitalization of $16.15 billion, a PE ratio of 49.65, a P/E/G ratio of 2.46 and a beta of 0.85. The company’s 50-day moving average is $351.90 and its 200-day moving average is $337.50. Tyler Technologies has a fifty-two week low of $270.71 and a fifty-two week high of $483.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 1.55.

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 net margin of 13.51% and a return on equity of 12.21%. The firm had revenue of $647.57 million during the quarter, compared to analysts’ expectations of $651.38 million. During the same period in the previous year, the business posted $2.91 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. Sell-side analysts anticipate that Tyler Technologies will post 10.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TYL has been the topic of several recent analyst reports. The Goldman Sachs Group lowered shares of Tyler Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the company from $395.00 to $345.00 in a report on Thursday, October 8th. DA Davidson reaffirmed a “buy” rating and set a $460.00 price target on shares of Tyler Technologies in a report on Tuesday. Guggenheim began coverage on shares of Tyler Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $440.00 price target on the stock. Wells Fargo & Company lifted their price objective on shares of Tyler Technologies from $400.00 to $430.00 and gave the company an “overweight” rating in a research note on Friday. Finally, TD Cowen boosted their price objective on shares of Tyler Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. 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 company. Based on data from MarketBeat.com, Tyler Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $438.53.

Insider Activity

In other Tyler Technologies news, COO Jeffrey Puckett sold 8,500 shares of the firm’s 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 transaction, the chief operating officer owned 7,784 shares in the company, valued at approximately $2,774,528.96. This trade represents a 52.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO H. Moore, Jr. sold 9,250 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $372.79, for a total transaction of $3,448,307.50. Following the completion of the transaction, the chief executive officer owned 100,392 shares in the company, valued at approximately $37,425,133.68. The trade was a 8.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Tyler Technologies News Roundup

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.