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DailyIQ
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TYL·Tyler Technologies, Inc.

$430.37
+1.53 (+0.36%)
After Hours
High
$431.90
Open
$0.00
Market Cap
16.07B
52W High
$481.57
Low
$431.90
P. Close
$430.37
P/E
49.51
52W Low
$270.71
Fwd P/E
27.64
DailyIQ Est.
$461.58
Inst. Own.
92.8%
Short Interest
8.93%
Days to Cover
5.7
NewEarnings release, scored · filed Oct 28, 2026tone -11.4 vs prior release · 90 lines scoredSee the breakdown
Technical Score (1D)
11
BEARISH
News Sentiment
51
MIXED
On Nov 4, Tyler Technologies announced it would attend five investor conferences during November and December 2026. The company said it would provide live webcasts of UBS Global, Wells Fargo, and Barclays fireside chats through its investor portal. The announcement highlighted Tyler’s ongoing engagement with investors. No change to guidance or financial outlook was indicated. The event is a routine outreach effort typical for a publicly traded firm. No material operational or financial implications were disclosed.
LOW TARGET
$375 -13.2%
2 analysts
MEAN TARGET
$446 +3.3%
12 analysts
HIGH TARGET
$525 +21.6%
16 analysts
PRICE RANGE
$375.00 - $525.00
SB / B / H / S / SS
9/14/5/1/1
DAILYIQ EST.
$461.58 (+6.9%)
Sector
Technology
Industry
Software - Application
Exchange
NYQ
Country
United States
Symbol
TYL
Description
Tyler Technologies is a provider of comprehensive software and technology solutions designed specifically for the public sector. The company's core offerings are delivered through two primary segments, focusing on enterprise software and platform technologies. These solutions encompass a broad range of services, including digital platforms, data analytics, and cybersecurity measures, all tailored to meet the unique needs of government agencies. Tyler Technologies also provides specialized applications for public administration, financial management, property tax administration, and licensing. Furthermore, the company leverages a strategic partnership with Amazon Web Services to deliver cloud-based hosting services, enhancing its ability to provide scalable and secure solutions to its clients.
Bought (1Y)
0 shares
$0
Sold (1Y)
28,430 shares
$10.7M
Pope Daniel M-
Sell680 shares2026-11-02
MOORE H LYNN JRPresident and CEO
Option Exercise10,000 shares2026-10-30
MOORE H LYNN JRPresident and CEO
Sell1 shares2026-10-30
MOORE H LYNN JRPresident and CEO
Sell1,144 shares2026-10-30
MOORE H LYNN JRPresident and CEO
Sell2,236 shares2026-10-30
76/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Gross Margin
46.5%
Net Margin
13.5%
Revenue CAGR
13.9%
Current Ratio
1.05x
Debt / Equity
0.16x
Return on Equity
8.5%
Earnings Summary
In the most recent quarters, the company’s EPS grew from $2.78 in Q3 2025 to $3.09 in Q1 2026, while revenue increased from $595.879 million to $613.5 million, indicating a steady acceleration in profitability and top‑line growth; Tyler consistently beat EPS estimates in the last four quarters, with Q4 2025 EPS of $2.64 slightly below the $2.7521 estimate but still maintaining a positive trend. Historically, Tyler has shown a robust YoY revenue growth pattern, with Q4 2025 revenue of $575.18 million down 3.8% from the prior year yet still beating the $596.93 million estimate, and has consistently outperformed analyst expectations in recurring and SaaS revenue, driving margin expansion. Recent news reports a record $277 million free cash flow and a 150‑basis‑point margin widening in Q3 2026, alongside a strategic shift toward cloud platforms and AI‑enabled solutions, underscoring the company’s focus on recurring revenue expansion and operational efficiency.

EPS

EstBeatMiss
$2.51$2.79$3.08$3.37$3.65Q3'25Q4'25Q1'26Q2'26Q3'26Q4'26
QtrEstActual+/−
Q4'26$3.44 - -
Q3'26$3.51$3.52+0.2%
Q2'26$3.07$3.08+0.4%
Q1'26$3.04$3.09+1.8%
Q4'25$2.75$2.64-4.1%
Q3'25$2.86$2.97+3.9%

Revenue

EstBeatMiss
$563M$590M$617M$644M$671MQ3'25Q4'25Q1'26Q2'26Q3'26Q4'26
QtrEstActual+/−
Q4'26$651M - -
Q3'26$658M$648M-1.6%
Q2'26$655M$645M-1.4%
Q1'26$615M$614M-0.3%
Q4'25$597M$575M-3.6%
Q3'25 - $596M -

Market Data

TYL Stock Snapshot

BEARISH11/100
$431.90+$1.53 (0.4%)
Market cap
16.07B
P/E ratio
49.5
Day range
$431.90 – $431.90
News sentiment
51/100 · Neutral
Analyst target
$446.14 (+3.3%)
Consensus
Buy · 30 analysts
52-week range+59.5% off low · -10.3% from high
$270.71$481.57
Price $431.90 DailyIQ Est. $461.58

Price action on TYL is defensive - rallies are being sold rather than extended. Sector peers are worth watching - large caps in Technology tend to move together on rotation.

Reverse DCF

What growth is priced into TYL?

CHEAP

At today's price, Tyler Technologies, Inc. needs to grow free cash flow about 5.4% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 7.39% cost of capital. Over the last five years its revenue has trended at 9.5% a year, so the market is asking for 4.1 percentage points below its own delivered rate. On that basis TYL looks priced below what its own growth record supports.

Implied FCF growth
5.4%
Growth trend
9.5%
Growth gap
-4.1 pts
Verdict
CHEAP
Discount rate (WACC)
7.39%
Beta
0.60

Behaviour On Record

What TYL's own history says about today's numbers

Realized volatility (21d)
63.6% 99th pct
Below its peak
-34.4%
vs 200-day average
+26.5%
Up days (1y)
51%

Tyler Technologies, Inc. is currently running 63.6% annualised volatility over the last 21 sessions. Measured against TYL's own 13 years of daily returns rather than a market-wide average, that is the 99th percentile — an extreme by its own standards, against a typical reading of 24.6%.

TYL is trading -34.4% below its running peak. Across 13 full years on file, its median worst-drawdown-in-a-year was -23.0%, and the deepest was -45.0% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.

Price sits +26.5% from its 200-day moving average. Against every other day in its history, that gap ranks at the 97th percentile — a wider gap than this stock usually carries. Over the past year TYL closed higher on 51% of sessions, and it is currently 6 sessions into a rising streak.

On November specifically: over 13 years of records, TYL finished the month higher 9 of 13 times, with a median return of +4.1% and an average of +3.3%. Its strongest month historically has been October at +4.0% on average, its weakest February at -1.8%.

Overnight risk is measurable too: TYL has opened more than 2% away from the prior close in 127 of 3,269 sessions (3.9% of the time), with the largest gaps running +7.0% and -10.6%.

Across the last 4 dated reports on file, TYL moved an average of 6.8% in the session after earnings, closing higher 1 of those 4 times, with a median move of -4.7% and a largest of +10.6%.

All figures computed from 3,270 daily closes between 2013-11-06 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against TYL's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of TYL's sector?

Tyler Technologies, Inc. sits in the Software sector, currently ranked 11th of 12 GICS sectors by relative-strength rotation score (lagging). Within its narrower Software industry group, TYL ranks 13th of 15 tracked industries, lagging.

Sector rank
#11 of 12
Sector state
Lagging
Sector rotation score
9
Industry rank
#13 of 15

Options Market

What is the options market pricing for TYL?

CallsPuts

For Tyler Technologies, Inc.'s nearest expiry (2026-11-20, 14 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.46), with at-the-money implied volatility around 52.1%. The options market is pricing roughly a ±10.2% move by that expiry — a range of about $390.10–$478.92.

Put/call ratio (2026-11-20)
0.46
ATM implied volatility
52.1%
Total open interest
470
Expected move by 2026-11-20
±10.2% ($390.10–$478.92)

Analyst Consensus Estimates

What do analysts expect TYL to earn?

Analysts expect Tyler Technologies, Inc. to earn $13.09 per share in the fiscal year ending Dec 2026 and $14.92 in the fiscal year ending Dec 2028, from 3 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.

Quarter endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Dec 2026$3.41$3.31 to $3.5521$645M21
Mar 2027$3.67$3.44 to $4.2320$673M20
Jun 2027$3.00$2.67 to $3.355~$699M-
Sep 2027$3.13$2.90 to $3.455~$729M-
Fiscal year endingEPS estimateEPS rangeEPS analystsRevenue estimateRevenue analysts
Dec 2026$13.09$12.99 to $13.2222$2.55B22
Dec 2027$15.55$14.77 to $18.9222$2.80B22
Dec 2028$14.92$12.36 to $18.633~$3.47B-

Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.

Analyst Rating Changes

Are analysts turning bullish or bearish on TYL?

Goldman Sachs most recently reiterated its rating on Tyler Technologies, Inc. to Neutral on Nov 3, 2026 with a price target of $385 (from $345). Over the last 90 days, coverage has run 1 upgrade against 1 downgrade, a net mixed lean.

Latest action
Goldman Sachs: Neutral
90-day upgrades
1
90-day downgrades
1
Net rating momentum
0
DateFirmActionRatingPrice target
Nov 3, 2026Goldman SachsMaintainedNeutral$345 → $385
Oct 30, 2026Wells FargoMaintainedOverweight$400 → $430
Oct 30, 2026BTIGMaintainedBuy$400 → $430
Oct 27, 2026DA DavidsonMaintainedBuy$460
Oct 27, 2026NeedhamMaintainedBuy$400 → $500
Oct 26, 2026TD CowenMaintainedBuy$400 → $450
Oct 12, 2026Wells FargoUpgradeEqual-Weight → Overweight$335 → $400
Oct 8, 2026Goldman SachsDowngradeBuy → Neutral$395 → $345
Sep 28, 2026Piper SandlerMaintainedOverweight$491 → $450
Sep 24, 2026BTIGReiteratedBuy$400
Jul 31, 2026Piper SandlerMaintainedOverweight$543 → $491
Jul 30, 2026BTIGMaintainedBuy$420 → $400

Earnings Release, Scored

What did Tyler Technologies, Inc.'s latest earnings release say?

Filed Oct 28, 2026 · SEC Form 8-K, Exhibit 99

Tone64.2/ 100-11.4 vs prior release
Hedging words1.12per 100 words-0.07 vs prior release
Tone, last 3 releasesScale 50–85

Most important lines

  1. 1

    Our government-grade AI strategy is delivering tangible progress, with approximately 300 deals containing AI sold across our client base to date.

    New this quarter
  2. 2

    Recurring revenues grew 11.0%, driven by SaaS revenue growth of 21.2%.

    New this quarter
  3. 3

    Transaction-based revenues growth accelerated to 9.5% (14.2% excluding the impact of the Texas payments contract wind-down).

    New this quarter

Peers & ETF holders

TYL peers & ETF holders

News & sentiment

What is the news saying about TYL?

TYL rose 31.1% over the month to Nov 5. News tone held between 13 and 91 from Oct 7 to Oct 12, then dropped to 29 on Oct 13.

Daily close and news tone, Oct 5 to Nov 5
$350$400Oct 5Oct 6Oct 7: tone 87Oct 8: tone 13Oct 9Oct 12: tone 91Oct 13: tone 29Oct 14: tone 25Oct 15Oct 16Oct 19Oct 20: tone 72Oct 21: tone 55Oct 22: tone 47Oct 23: tone 100Oct 26: tone 52Oct 27: tone 77Oct 28: tone 54Oct 29: tone 60Oct 30: tone 74Nov 2: tone 72Nov 3: tone 71Nov 4: tone 52Nov 5Oct 5News toneNov 5123
  1. Oct 28 -10.7%same day: Tyler Technologies Reports Third Quarter 2026 Results
  2. Oct 29 +10.6%same day: Tyler Technologies, Inc. Q3 2026 Earnings Call Summary
  3. Oct 30 +5.6%same day: Tyler Technologies: 3 Key Takeaways for Long-Term Investors

Technical analysis

How strong is TYL's momentum right now?

On the daily chart TYL ranks at the 11th percentile for momentum against 1,060 stocks and ETFs, a bearish reading.

Momentum rank by timeframe0 = weakest, 100 = strongest
See what drives the rankThe inputs behind each timeframe's momentum rank, plus RSI, stochastics, Bollinger Bands and moving averages. Free with an account.

Institutional ownership

Are big funds buying or selling TYL?

90 of the 191 tracked managers added to TYL in their latest 13F and 96 trimmed. Together they own 92.8% of the company, worth $10.1B. BlackRock and Vanguard Capital Management alone hold 17.8%.

90adding96trimming5unchanged
Largest holders by stake, latest 13FBar = share of TYL
  1. $1.1B positionTrimmed 11.0% last quarter
  2. $806.2M positionTrimmed 1.2% last quarter
  3. $781.6M positionAdded 31.7% last quarter
  4. $618.8M positionTrimmed 12.1% last quarter
  5. $596.6M positionAdded 5.4% last quarter
  6. $619.9M positionTrimmed 4.0% last quarter
  7. $469.1M positionTrimmed 17.2% last quarter
  8. $353.4M positionTrimmed 5.0% last quarter
  9. $306.3M positionAdded 22.2% last quarter
  10. $271.9M positionTrimmed 31.7% last quarter
Full holdings history

Congressional trading

Is Congress trading TYL?

3 members of Congress disclosed 7 TYL trades between Jun 6, 2025 and Aug 18, 2026: 4 buys and 3 sells, about $56.0K in estimated value.

BuysSellsJulOctJan ’26AprJul
BuySell$1K–$15K$15K–$50K$50K–$100K$100K–$250K

What stands out

Click one to highlight its trades in the chart

Discover more

How has TYL done against its peers?

Over the six months to Nov 5, TYL returned +31.3%. Of the 15 related stocks and ETFs, 4 did better, led by ADP at +46.2%.

Change since May 5, through Nov 5
−50%0%+50%+100%May 5JunJulAugSepOctNov 5ADP +46.2%TYL +31.3%KEYS −27.2%