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Tyler Technologies (TYL) Competitors

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$590.83 -2.01 (-0.34%)
Closing price 07/1/2025 03:59 PM Eastern
Extended Trading
$590.33 -0.50 (-0.08%)
As of 09:07 AM Eastern
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TYL vs. CDNS, SNPS, ADSK, WDAY, FICO, ANSS, GWRE, SSNC, AZPN, and FDS

Should you be buying Tyler Technologies stock or one of its competitors? The main competitors of Tyler Technologies include Cadence Design Systems (CDNS), Synopsys (SNPS), Autodesk (ADSK), Workday (WDAY), Fair Isaac (FICO), ANSYS (ANSS), Guidewire Software (GWRE), SS&C Technologies (SSNC), Aspen Technology (AZPN), and FactSet Research Systems (FDS). These companies are all part of the "application software" industry.

Tyler Technologies vs. Its Competitors

Cadence Design Systems (NASDAQ:CDNS) and Tyler Technologies (NYSE:TYL) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, earnings, dividends, media sentiment, analyst recommendations, institutional ownership, risk and valuation.

Cadence Design Systems currently has a consensus target price of $325.23, suggesting a potential upside of 5.10%. Tyler Technologies has a consensus target price of $680.50, suggesting a potential upside of 15.18%. Given Tyler Technologies' higher possible upside, analysts clearly believe Tyler Technologies is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.77
Tyler Technologies
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

In the previous week, Cadence Design Systems had 18 more articles in the media than Tyler Technologies. MarketBeat recorded 30 mentions for Cadence Design Systems and 12 mentions for Tyler Technologies. Cadence Design Systems' average media sentiment score of 1.33 beat Tyler Technologies' score of 1.33 indicating that Cadence Design Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cadence Design Systems
21 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tyler Technologies
10 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

84.9% of Cadence Design Systems shares are held by institutional investors. Comparatively, 93.3% of Tyler Technologies shares are held by institutional investors. 0.4% of Cadence Design Systems shares are held by insiders. Comparatively, 1.1% of Tyler Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Cadence Design Systems has higher revenue and earnings than Tyler Technologies. Cadence Design Systems is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadence Design Systems$4.64B18.21$1.06B$3.9578.34
Tyler Technologies$2.14B11.92$263.03M$6.6488.98

Cadence Design Systems has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Tyler Technologies has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500.

Cadence Design Systems has a net margin of 22.18% compared to Tyler Technologies' net margin of 13.23%. Cadence Design Systems' return on equity of 29.36% beat Tyler Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Cadence Design Systems22.18% 29.36% 15.60%
Tyler Technologies 13.23%10.29%6.78%

Summary

Cadence Design Systems beats Tyler Technologies on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TYL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TYL vs. The Competition

MetricTyler TechnologiesInternet Software/Services IndustryComputer SectorNYSE Exchange
Market Cap$25.57B$11.67B$27.42B$20.43B
Dividend YieldN/A11.19%2.94%3.76%
P/E Ratio88.9835.2235.8327.62
Price / Sales11.9231.121,993.9036.40
Price / Cash52.6619.8037.9921.79
Price / Book7.463.227.004.52
Net Income$263.03M$321.47M$762.33M$984.47M
7 Day Performance1.53%-1.75%2.21%2.61%
1 Month Performance4.81%3.65%5.56%4.99%
1 Year Performance16.08%6.28%52,132.52%13.53%

Tyler Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TYL
Tyler Technologies
4.4493 of 5 stars
$590.83
-0.3%
$680.50
+15.2%
+18.3%$25.57B$2.14B88.987,400Positive News
CDNS
Cadence Design Systems
4.1717 of 5 stars
$293.56
-0.6%
$325.23
+10.8%
-0.5%$80.15B$4.64B74.3212,700Positive News
SNPS
Synopsys
4.6919 of 5 stars
$470.98
+0.1%
$607.14
+28.9%
-13.3%$73.08B$6.13B34.0120,000Positive News
ADSK
Autodesk
4.0124 of 5 stars
$300.95
+1.3%
$337.45
+12.1%
+26.8%$64.40B$6.13B64.4415,300Positive News
Insider Trade
WDAY
Workday
4.7206 of 5 stars
$236.58
-0.7%
$293.54
+24.1%
+6.5%$63.17B$8.45B130.7120,400Positive News
FICO
Fair Isaac
4.8931 of 5 stars
$1,881.25
+4.2%
$2,304.15
+22.5%
+23.0%$45.79B$1.72B81.023,586Positive News
ANSS
ANSYS
2.9714 of 5 stars
$335.00
+0.0%
$352.50
+5.2%
+10.0%$29.45B$2.54B49.703,200Positive News
GWRE
Guidewire Software
4.3963 of 5 stars
$238.31
+0.2%
$247.00
+3.6%
+66.5%$20.06B$980.50M595.783,469Insider Trade
SSNC
SS&C Technologies
4.8334 of 5 stars
$80.77
+1.7%
$91.86
+13.7%
+33.7%$19.92B$5.88B25.0826,800Positive News
AZPN
Aspen Technology
0.4658 of 5 stars
$264.33
flat
$276.25
+4.5%
N/A$16.73B$1.14B3,304.541,770
FDS
FactSet Research Systems
4.6012 of 5 stars
$436.52
+3.4%
$445.25
+2.0%
+9.5%$16.57B$2.20B31.0512,398Positive News
High Trading Volume

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This page (NYSE:TYL) was last updated on 7/2/2025 by MarketBeat.com Staff
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