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 642.62, with a low estimate of 526 and a high estimate of 705. The average target predicts an increase of 6.90% from the current stock price of 601.13.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$526	$642.62	$685	$705
Change	-12.50%	+6.90%	+13.95%	+17.28%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	4	5	5	5	5	5
Buy	6	6	6	6	7	7
Hold	2	2	2	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trevor Walsh JMP Securities	JMP Securities	Buy Maintains $580 → $700	Buy	Maintains	$580 → $700	+16.45%	Oct 25, 2024
Saket Kalia Barclays	Barclays	Buy Maintains $700 → $705	Buy	Maintains	$700 → $705	+17.28%	Oct 25, 2024
Ken Wong Oppenheimer	Oppenheimer	Buy Reiterates $625 → $700	Buy	Reiterates	$625 → $700	+16.45%	Oct 25, 2024
Terry Tillman Truist Securities	Truist Securities	Strong Buy Reiterates $600 → $685	Strong Buy	Reiterates	$600 → $685	+13.95%	Oct 25, 2024
Rob Oliver Baird	Baird	Buy Maintains $625 → $700	Buy	Maintains	$625 → $700	+16.45%	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 10.43%

from 2.16B

EPS This Year

9.65

Increased by 148.80%

from 3.88

EPS Next Year

10.94

Increased by 13.34%

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	2.64B
Revenue Growth	16.16%	2.78%	42.59%	16.20%	5.49%	10.57%	10.43%	10.66%
EPS	3.65	4.69	3.82	3.87	3.88	9.65	10.94	12.60
EPS Growth	-0.82%	28.49%	-18.55%	1.31%	0.26%	148.80%	13.34%	15.13%
Forward PE	-	-	-	-	-	62.27	54.94	47.72
No. Analysts	-	-	-	-	-	20	20	14

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	2.9B
Avg	2.2B	2.4B	2.6B
Low	2.1B	2.3B	2.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
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
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
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.