Tyler Technologies (NYSE:TYL) Upgraded at DA Davidson

DA Davidson upgraded shares of Tyler Technologies (NYSE:TYL) from a neutral rating to a buy rating in a research note released on Wednesday, Marketbeat reports. They currently have $460.00 target price on the technology company’s stock, down from their previous target price of $510.00.

Several other research analysts also recently issued reports on the company. Oppenheimer cut their price target on Tyler Technologies from $600.00 to $510.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. TD Cowen restated a “buy” rating on shares of Tyler Technologies in a research report on Wednesday, February 4th. Stifel Nicolaus assumed coverage on shares of Tyler Technologies in a report on Wednesday, January 7th. They issued a “buy” rating and a $550.00 price target on the stock. Evercore reissued a “positive” rating on shares of Tyler Technologies in a research note on Friday, October 31st. Finally, Robert W. Baird set a $660.00 price objective on Tyler Technologies in a research report on Friday, October 31st. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Tyler Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $467.54.

Tyler Technologies Trading Up 5.8%

NYSE TYL opened at $303.74 on Wednesday. The business’s 50 day moving average is $423.20 and its two-hundred day moving average is $486.51. The stock has a market capitalization of $13.07 billion, a price-to-earnings ratio of 42.19, a PEG ratio of 1.93 and a beta of 0.91. Tyler Technologies has a 12-month low of $283.71 and a 12-month high of $650.97.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, February 11th. The technology company reported $2.64 EPS for the quarter, missing the consensus estimate of $2.71 by ($0.07). The firm had revenue of $575.18 million for the quarter, compared to analysts’ expectations of $591.09 million. Tyler Technologies had a return on equity of 10.42% and a net margin of 13.53%.Tyler Technologies’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $2.43 EPS. Equities analysts forecast that Tyler Technologies will post 8.52 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Brian K. Miller sold 1,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $469.08, for a total transaction of $469,080.00. Following the sale, the chief financial officer owned 12,781 shares in the company, valued at $5,995,311.48. This trade represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Glenn A. Carter sold 500 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $458.73, for a total value of $229,365.00. Following the completion of the transaction, the director owned 3,172 shares of the company’s stock, valued at $1,455,091.56. The trade was a 13.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,500 shares of company stock worth $1,605,605. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. DLD Asset Management LP purchased a new stake in Tyler Technologies in the second quarter valued at approximately $5,780,190,000. Norges Bank acquired a new position in shares of Tyler Technologies in the 4th quarter valued at $921,035,000. Van ECK Associates Corp grew its stake in shares of Tyler Technologies by 43.2% during the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after buying an additional 367,203 shares during the period. Wellington Management Group LLP increased its holdings in shares of Tyler Technologies by 72.5% during the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after buying an additional 252,488 shares during the last quarter. Finally, Impax Asset Management Group plc purchased a new position in shares of Tyler Technologies in the 4th quarter worth $106,740,000. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Tyler Technologies

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

• Positive Sentiment: Company guidance lifted upside — Tyler raised FY2026 EPS guidance to $12.40–$12.65 (vs. consensus ~$11.49), and issued revenue guidance roughly in line with Street expectations; that stronger forward EPS range is supporting the stock today.
• Positive Sentiment: TD Cowen still maintains a “buy” rating with a $500 price target (cut from $600), which implies a large upside from the current price and provides buy‑side support. Read More.
• Neutral Sentiment: Stifel Nicolaus trimmed its price target to $400 but kept a “buy” rating — the cut reduces cushion versus prior targets but preserves positive analyst posture. Read More.
• Neutral Sentiment: Wells Fargo lowered its target to $335 and moved to an “equal weight” view, signaling more cautious near‑term expectations and less analyst conviction. Read More. Read More.
• Negative Sentiment: Q4 results missed consensus: EPS $2.64 vs. est. $2.71 and revenue also missed — that miss triggered downward revisions and initial selling pressure after the print. Read More.
• Negative Sentiment: Analysts collectively pared forecasts and coverage after the downbeat quarter; commentary and headlines note a sell‑off and that the stock is trading at a much lower valuation than recent years, increasing near‑term downside risk. Read More. Read More.

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.