TYL·Tyler Technologies, Inc.
TYL|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $3.47 | - | - |
| Q2'26 | $3.10 | $3.08 | -0.6% |
| Q1'26 | $3.04 | $3.09 | +1.8% |
| Q4'25 | $2.75 | $2.64 | -4.1% |
| Q3'25 | $2.86 | $2.97 | +3.9% |
| Q2'25 | $2.78 | $2.91 | +4.8% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $658M | - | - |
| Q2'26 | $655M | $645M | -1.4% |
| Q1'26 | $615M | $614M | -0.3% |
| Q4'25 | $597M | $575M | -3.6% |
| Q3'25 | - | $596M | - |
| Q2'25 | - | $596M | - |
TYL|Monthly Returns
Market Data
TYL Stock Snapshot
- Market cap
- 13.99B
- P/E ratio
- 43.1
- Day range
- $333.85 – $344.18
- News sentiment
- 63/100 · Bullish
- Analyst target
- $426.64 (+24.0%)
- Consensus
- Buy · 30 analysts
Tyler Technologies, Inc. is consolidating: price is in the lower half of its 52-week range without a decisive push either way. Sector peers are worth watching - large caps in Technology tend to move together on rotation.
Reverse DCF
What growth is priced into TYL?
At today's price, Tyler Technologies, Inc. needs to grow free cash flow about 0.7% a year for the next 10 years to justify its valuation at a 7.92% cost of capital. Over its actual history it has compounded free cash flow at 22.0% a year, so the market is asking for 21.3 percentage points below its own delivered rate. On that basis TYL looks priced below what its own growth record supports.
- Implied FCF growth
- 0.7%
- Historical FCF CAGR
- 22.0%
- Growth gap
- -21.3 pts
- Verdict
- CHEAP
- Discount rate (WACC)
- 7.92%
- Beta
- 0.62
Behaviour On Record
What TYL's own history says about today's numbers
- Realized volatility (21d)
- 49.1% 95th pct
- Below its peak
- -47.8%
- vs 200-day average
- -4.2%
- Up days (1y)
- 49%
Tyler Technologies, Inc. is currently running 49.1% 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 95th percentile — an extreme by its own standards, against a typical reading of 24.6%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
TYL is trading -47.8% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -20.9%, 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 -4.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 24th percentile — a narrower gap than it typically runs. Over the past year TYL closed higher on 49% of sessions, and it is currently 4 sessions into a falling streak.
On September specifically: over 13 years of records, TYL finished the month higher 5 of 13 times, with a median return of -1.6% and an average of -1.2%. Its strongest month historically has been July at +3.7% on average, its weakest February at -1.8%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
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%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
Across the last 3 dated reports on file, TYL moved an average of 5.5% in the session after earnings, closing higher 0 of those 3 times, with a median move of -5.2% and a largest of -7.1%.
All figures computed from 3,270 daily closes between 2013-09-19 and 2026-09-18, 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 Technology sector, currently ranked 1st of 11 GICS sectors by relative-strength rotation score (leading). Within its narrower Software industry group, TYL ranks 3rd of 15 tracked industries, leading.
- Sector rank
- #1 of 11
- Sector state
- Leading
- Sector rotation score
- 90
- Industry rank
- #3 of 15
Analyst Rating Changes
Are analysts turning bullish or bearish on TYL?
Piper Sandler most recently reiterated its rating on Tyler Technologies, Inc. to Overweight on Jul 31, 2026 with a price target of $491 (from $543). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- Piper Sandler — Overweight
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
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