Tyler Technologies Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Tyler Technologies stock have an average target of 539.92, with a low estimate of 434 and a high estimate of 600. The average target predicts an increase of 2.97% from the current stock price of 524.33.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$434	$539.92	$550	$600
Change	-17.23%	+2.97%	+4.90%	+14.43%

Analyst Ratings

The average analyst rating for TYL stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	4	4	3	4	4	4
Buy	7	7	7	6	6	6
Hold	4	4	3	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	13	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trevor Walsh JMP Securities	JMP Securities	Buy Maintains $490 → $580	Buy	Maintains	$490 → $580	+10.62%	Jul 22, 2024
Michael Turrin Wells Fargo	Wells Fargo	Buy Maintains $550 → $580	Buy	Maintains	$550 → $580	+10.62%	Jul 18, 2024
Saket Kalia Barclays	Barclays	Hold Maintains $473 → $515	Hold	Maintains	$473 → $515	-1.78%	Jul 11, 2024
Terry Tillman Truist Securities	Truist Securities	Strong Buy Reiterates $510 → $560	Strong Buy	Reiterates	$510 → $560	+6.80%	May 23, 2024
Joshua Reilly Needham	Needham	Strong Buy Reiterates $600	Strong Buy	Reiterates	$600	+14.43%	May 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.15B

from 1.95B

10.06%

from 1.95B

Revenue Next Year

2.36B

from 2.15B

9.73%

from 2.15B

EPS This Year

9.32

from 3.88

140.14%

from 3.88

EPS Next Year

10.55

from 9.32

13.21%

from 9.32

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.09B	1.12B	1.59B	1.85B	1.95B	2.15B	2.36B	2.57B	2.84B	3.09B
Revenue Growth	16.16%	2.78%	42.59%	16.20%	5.49%	10.06%	9.73%	9.16%	10.18%	9.10%
EPS	3.65	4.69	3.82	3.87	3.88	9.32	10.55	12.00	14.65	16.72
EPS Growth	-0.82%	28.49%	-18.55%	1.31%	0.26%	140.14%	13.21%	13.78%	22.01%	14.14%
Forward PE	-	-	-	-	-	56.27	49.71	43.68	35.80	31.37
No. Analysts	-	-	-	-	-	21	21	7	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.3B	2.5B	2.7B	3.0B	3.3B
Avg	2.1B	2.4B	2.6B	2.8B	3.1B
Low	2.1B	2.2B	2.5B	2.7B	2.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	16.2%	16.7%	15.8%	17.3%	17.6%
Avg	10.1%	9.7%	9.2%	10.2%	9.1%
Low	5.4%	4.6%	3.9%	4.4%	2.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	9.77	11.80	13.25	15.23	17.38
Avg	9.32	10.55	12.00	14.65	16.72
Low	8.97	9.66	10.66	14.21	16.22

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	151.7%	26.7%	25.6%	26.8%	18.7%
Avg	140.1%	13.2%	13.8%	22.0%	14.1%
Low	131.1%	3.7%	1.1%	18.4%	10.7%

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.