Tyler Technologies (NYSE:TYL) Price Target Lowered to $491.00 at Piper Sandler

Tyler Technologies (NYSE:TYL) had its price target trimmed by Piper Sandler from $543.00 to $491.00 in a report released on Friday,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

TYL has been the topic of several other research reports. Cantor Fitzgerald lifted their price target on Tyler Technologies from $325.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Barclays increased their price objective on Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. lowered their target price on shares of Tyler Technologies from $650.00 to $525.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 target price on shares of Tyler Technologies in a report on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st. One 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 given a Sell rating to the stock. According to MarketBeat, Tyler Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $456.72.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $310.33 on Friday. The stock’s 50-day moving average is $304.60 and its two-hundred day moving average is $334.53. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.00 and a current ratio of 1.55. Tyler Technologies has a 1 year low of $270.71 and a 1 year high of $621.34. The firm has a market cap of $12.71 billion, a price-to-earnings ratio of 41.16, a PEG ratio of 2.15 and a beta of 0.82.

Tyler Technologies (NYSE:TYL) last posted its earnings results on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.03. The business had revenue of $645.10 million during the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.91 EPS. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. Analysts predict that Tyler Technologies will post 10.04 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Advisors Asset Management Inc. purchased a new stake in shares of Tyler Technologies during the first quarter worth approximately $38,000. NewEdge Advisors LLC lifted its holdings in shares of Tyler Technologies by 17.8% during the first quarter. NewEdge Advisors LLC now owns 251 shares of the technology company’s stock worth $146,000 after purchasing an additional 38 shares during the period. Woodline Partners LP acquired a new stake in shares of Tyler Technologies during the first quarter worth $2,102,000. Geneos Wealth Management Inc. grew its position in Tyler Technologies by 137.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 69 shares of the technology company’s stock valued at $40,000 after buying an additional 40 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Tyler Technologies by 12.5% in the 2nd quarter. American Century Companies Inc. now owns 621 shares of the technology company’s stock valued at $368,000 after buying an additional 69 shares during the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

More Tyler Technologies News

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

• Positive Sentiment: Tyler Technologies acquired CODY Systems, a public-safety software provider. The deal expands Tyler’s government technology portfolio and could create additional cross-selling and recurring-revenue opportunities. Tyler Technologies Acquires CODY Systems
• Positive Sentiment: BTIG maintained a Buy rating while lowering its price target to $400 from $420, and Piper Sandler maintained an Overweight rating while reducing its target to $491 from $543. Both targets still imply substantial upside based on the supplied reference price. Benzinga analyst updates
• Positive Sentiment: Second-quarter adjusted earnings of $3.08 per share exceeded consensus, while revenue increased 8.2% year over year. Management also highlighted record SaaS and total bookings, strong recurring-revenue growth, cloud momentum and healthy free cash flow. Tyler Technologies Q2 Earnings Beat Estimates
• Neutral Sentiment: Management reaffirmed its 2026 outlook of $12.95–$13.20 in earnings per share rather than raising guidance, while targeting 85% maintenance conversion to cloud by 2030. Cloud-living pilots are expected in 2027, with referenceable clients in 2028, indicating potential benefits are still several years away. Tyler outlines cloud-living pilots
• Negative Sentiment: Quarterly revenue of $645.1 million fell modestly short of estimates near $648 million. Investors appeared to view the earnings beat as insufficient for a premium-valued stock, particularly because management did not increase its full-year forecast. Tyler also announced a new $1.5 billion share-repurchase authorization, which supports the stock but may not offset near-term growth concerns. Why Tyler Technologies Stock Got Thrashed

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.