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.
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.
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.
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.
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.
Skip ChartMedia 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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Tyler Technologies Competitors List
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This page (NYSE:TYL) was last updated on 7/2/2025 by MarketBeat.com Staff