Tyler Technologies, Inc. (TYL)
NYSE: TYL · Real-Time Price · USD
602.37
+1.76 (0.29%)
Nov 5, 2024, 10:02 AM EST - Market open

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 6.68% from the current stock price of 602.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $526 $642.62 $685 $705
Change -12.68% +6.68% +13.72% +17.04%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 445555
Buy 666667
Hold 222221
Sell 000000
Strong Sell 000000
Total 121213131313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Maintains
$580$700
Buy Maintains $580$700 +16.21% Oct 25, 2024
Barclays
Barclays
Buy
Maintains
$700$705
Buy Maintains $700$705 +17.04% Oct 25, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$625$700
Buy Reiterates $625$700 +16.21% Oct 25, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$600$685
Strong Buy Reiterates $600$685 +13.72% Oct 25, 2024
Baird
Baird
Buy
Maintains
$625$700
Buy Maintains $625$700 +16.21% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.16B
from 1.95B
Increased by 10.57%
Revenue Next Year
2.38B
from 2.16B
Increased by 10.38%
EPS This Year
9.65
from 3.88
Increased by 148.79%
EPS Next Year
10.93
from 9.65
Increased by 13.24%
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
1.09B1.12B1.59B1.85B1.95B2.16B2.38B2.64B
Revenue Growth
16.16%2.78%42.59%16.20%5.49%10.57%10.38%10.71%
EPS
3.654.693.823.873.889.6510.9312.60
EPS Growth
-0.82%28.49%-18.55%1.31%0.26%148.79%13.24%15.24%
Forward PE
-----62.4055.1147.82
No. Analysts -----212114
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
15.3%
17.8%
21.5%
Avg
10.6%
10.4%
10.7%
Low
6.9%
4.6%
4.9%

EPS Forecast

EPS 20242025202620272028
High 10.12 12.58 14.82
Avg 9.65 10.93 12.60
Low 9.26 10.02 11.66

EPS Growth

EPS Growth 20242025202620272028
High
160.9%
30.3%
35.5%
Avg
148.8%
13.2%
15.2%
Low
138.6%
3.8%
6.7%
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.