Tyler Technologies, Inc. (TYL)
NYSE: TYL · Real-Time Price · USD
605.42
+11.82 (1.99%)
Dec 20, 2024, 4:00 PM EST - Market closed
Tyler Technologies Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Tyler Technologies stock have an average target of 642.62, with a low estimate of 526 and a high estimate of 705. The average target predicts an increase of 6.14% from the current stock price of 605.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 25, 2024.
Analyst Ratings
The average analyst rating for TYL 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 6 | 6 | 7 | 7 | 7 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $580 → $700 | Buy | Maintains | $580 → $700 | +15.62% | Oct 25, 2024 |
| Barclays | Barclays | Buy Maintains $700 → $705 | Buy | Maintains | $700 → $705 | +16.45% | Oct 25, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $625 → $700 | Buy | Reiterates | $625 → $700 | +15.62% | Oct 25, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $600 → $685 | Strong Buy | Reiterates | $600 → $685 | +13.14% | Oct 25, 2024 |
| Baird | Baird | Buy Maintains $625 → $700 | Buy | Maintains | $625 → $700 | +15.62% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
2.16B
from 1.95B
Increased by 10.57%
Revenue Next Year
2.38B
from 2.16B
Increased by 10.43%
EPS This Year
9.65
from 3.88
Increased by 148.80%
EPS Next Year
10.94
from 9.65
Increased by 13.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.3B | 2.5B | 2.9B | |||
| 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% | 17.8% | 21.5% | |||
| Avg | 10.6% | 10.4% | 10.7% | |||
| Low | 6.9% | 4.6% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.12 | 12.58 | 14.82 | |||
| Avg | 9.65 | 10.94 | 12.60 | |||
| Low | 9.26 | 10.02 | 11.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 160.9% | 30.3% | 35.4% | |||
| Avg | 148.8% | 13.3% | 15.1% | |||
| Low | 138.6% | 3.8% | 6.6% |
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.