Tyler Technologies, Inc. (TYL)

Tyler Technologies Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Tyler Technologies stock have an average target of 645.69, with a low estimate of 526 and a high estimate of 705. The average target predicts an increase of 6.19% from the current stock price of 608.08.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$526	$645.69	$685	$705
Change	-13.50%	+6.19%	+12.65%	+15.94%

Analyst Ratings

The average analyst rating for Tyler Technologies stock from 13 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	5	5	5	5	5	5
Buy	6	6	7	7	7	6
Hold	2	2	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Heckmann DA Davidson	DA Davidson	Hold Maintains $575	Hold	Maintains	$575	-5.44%	Jan 30, 2025
Joshua Reilly Needham	Needham	Strong Buy Reiterates $700	Strong Buy	Reiterates	$700	+15.12%	Jan 21, 2025
Michael Turrin Wells Fargo	Wells Fargo	Buy → Hold Downgrades $670 → $615	Buy → Hold	Downgrades	$670 → $615	+1.14%	Jan 7, 2025
Trevor Walsh JMP Securities	JMP Securities	Buy Maintains $580 → $700	Buy	Maintains	$580 → $700	+15.12%	Oct 25, 2024
Saket Kalia Barclays	Barclays	Buy Maintains $700 → $705	Buy	Maintains	$700 → $705	+15.94%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.16B

Increased by 10.57%

from 1.95B

Revenue Next Year

2.38B

Increased by 10.33%

from 2.16B

EPS This Year

9.65

Increased by 148.62%

from 3.88

EPS Next Year

10.90

Increased by 12.95%

from 9.65

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.09B	1.12B	1.59B	1.85B	1.95B	2.16B	2.38B	2.63B
Revenue Growth	16.16%	2.78%	42.59%	16.20%	5.49%	10.57%	10.33%	10.58%
EPS	3.65	4.69	3.82	3.87	3.88	9.65	10.90	12.50
EPS Growth	-0.82%	28.49%	-18.55%	1.31%	0.26%	148.62%	12.95%	14.76%
Forward PE	-	-	-	-	-	63.04	55.81	48.63
No. Analysts	-	-	-	-	-	20	20	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	2.3B	2.5B	2.8B
Avg	2.2B	2.4B	2.6B
Low	2.1B	2.3B	2.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	15.3%	15.9%	18.9%
Avg	10.6%	10.3%	10.6%
Low	6.9%	4.6%	5.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	10.08	11.99	13.90
Avg	9.65	10.90	12.50
Low	9.26	10.02	11.66

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	159.8%	24.3%	27.6%
Avg	148.6%	12.9%	14.8%
Low	138.6%	3.8%	7.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.