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

Key Points

• Tyler Technologies issued FY 2026 EPS guidance of $12.95–$13.20, above the consensus estimate of $12.50. Revenue guidance is $2.5 billion–$2.6 billion, roughly in line with the $2.6 billion consensus.
• Third-quarter adjusted EPS came in at $3.52, beating estimates of $3.48, while revenue increased 8.7% year over year to $647.6 million but fell slightly short of analyst expectations.
• Wall Street remains generally positive, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $444.44, despite some recent analyst downgrades and insider share sales.

Tyler Technologies (NYSE:TYL - Get Free Report) 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 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.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Zacks Research downgraded shares of Tyler Technologies from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 2nd. The Goldman Sachs Group lowered Tyler Technologies from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $395.00 to $345.00 in a research report on Thursday, October 8th. Guggenheim began coverage on Tyler Technologies in a research report on Wednesday, July 22nd. They issued a "buy" rating and a $440.00 price objective for the company. TD Cowen raised their price objective on Tyler Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a research note on Monday. Finally, Weiss Ratings upgraded shares of Tyler Technologies from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $444.44.

Tyler Technologies Price Performance

Shares of NYSE TYL opened at $372.75 on Friday. Tyler Technologies has a fifty-two week low of $270.71 and a fifty-two week high of $489.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The company has a 50 day simple moving average of $350.98 and a two-hundred day simple moving average of $337.76. The company has a market capitalization of $15.26 billion, a price-to-earnings ratio of 46.95, a P/E/G ratio of 2.38 and a beta of 0.85.

Tyler Technologies (NYSE:TYL - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The technology company reported $3.52 EPS for the quarter, beating the consensus estimate of $3.48 by $0.04. The firm had revenue of $647.57 million during the quarter, compared to analyst estimates of $651.52 million. Tyler Technologies had a net margin of 13.51% and a return on equity of 11.64%. The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.91 EPS. Analysts expect that Tyler Technologies will post 10.13 EPS for the current fiscal year.

Insider Transactions at Tyler Technologies

In other news, COO Jeffrey Puckett sold 8,500 shares of the company's 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 in the company, valued at approximately $2,774,528.96. This represents a 52.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO H. Moore, Jr. sold 9,250 shares of the business's stock in a transaction dated 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 sale, the chief executive officer owned 100,392 shares of the company's stock, valued at approximately $37,425,133.68. This represents a 8.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.10% of the company's stock.

Trending Headlines about Tyler Technologies

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

Tyler Technologies Company Profile

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.

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