Stock Price & Analysis

Based on the current market data and recent analyst reports, here's a concise analysis for TYL:

Technical Analysis The stock is currently trading at $612.82, up 1.09% in regular market hours . The stock is showing mixed technical signals with RSI at 54.66, indicating neutral momentum. The price is trading above its 20-day moving average of $592.45, suggesting a short-term upward trend.

Analyst Sentiment Recent analyst actions show mixed opinions:

• DA Davidson: Hold rating with $575 target (-3.99% downside)
• Needham: Strong Buy with $700 target (+19.75% upside)
• Wells Fargo: Downgraded to Hold with $615 target (+9.13% upside)

Recent Developments Polen Capital, a significant investor, recently exited their TYL position despite acknowledging it as a high-quality business. Their exit was primarily due to the stock reaching a $25 billion market cap and viewing return potential as less compelling following robust performance.

Market Position Tyler Technologies maintains a strong position in public sector software solutions with:

• Solid organic growth of 9.4% in recent quarters
• Market capitalization reaching $25.7 billion
• Strong SaaS adoption and transaction revenue growth

Conclusion HOLD recommendation at current levels. While TYL shows solid fundamentals and business execution, the recent analyst downgrades and institutional selling suggest limited near-term upside potential from current levels. The stock appears fairly valued at these levels, and investors might want to wait for a better entry point.

Based on the provided data and analyst insights, here's the price prediction for TYL stock in 2025:

Tyler Technologies (TYL) is expected to reach $705 by end of 2025, supported by Barclays analyst Saket Kalia's recent price target and strong market fundamentals. The stock's technical indicators show a bullish trend with RSI at 54.66, suggesting room for further upside, while the current price of $612.87 is trading above its 20-day SMA of $592.45, indicating positive momentum.

The company's continued success in SaaS adoption, expanding partnerships, and strong position in the public sector software market supports this growth trajectory. However, recent insider selling activity, including significant sales by the CFO in December 2024, suggests some caution.

The S1 support level for TYL Stock is $592.83 ,The R1 resistant level for TYL Stock is $616.93.

As of the end of day on 2025-02-12, the price of TYL Stock was $615.1.

The target price for TYL Stock according to analyst rating is 661.00, with the highest price target at 701.00 and the lowest at 575.00. Analysts have a Moderate Buy rating on TYL Stock overall.

The market cap of TYL is $26.1B.

Based on the provided data and recent market analysis, here's a comprehensive evaluation of TYL's valuation:

Valuation Analysis TYL currently shows elevated valuation metrics with a P/E ratio of 106.86x and EV/EBITDA of 58.52x in Q3 2024, indicating significant premium valuations compared to historical levels. The P/S ratio of 12.15x and P/B ratio of 7.63x further suggest the stock is trading at premium multiples.

Growth & Margins The company demonstrates solid growth fundamentals:

• Revenue grew 10% YoY to $543.3M in Q3 2024
• Subscription revenue increased 18% YoY
• EBIT margin expanded to 25%, up 90bps sequentially
• Net margin improved to 13.97% in Q3 2024 from 10.57% in Q1 2024

Market Position & Business Model TYL has successfully executed its SaaS transition strategy:

• Converted 108 customers from on-premises to SaaS in Q3 2024
• SaaS revenue grew 20% YoY
• New subscription TCV up 78% YoY
• Strong bookings growth at 55% YoY

Analyst Sentiment Recent analyst actions indicate a positive outlook:

• JP Morgan maintains Buy rating with $705 PT
• Wells Fargo downgraded to Hold with $615 PT
• Consensus price target of $667.29 implies 11.58% upside

Conclusion While TYL shows strong business execution and growth metrics, the current valuation appears stretched. The high multiple ratios suggest the stock is overvalued at current levels, despite positive business fundamentals and analyst sentiment. The successful SaaS transition and margin expansion provide long-term value, but the premium valuation creates near-term risks.

Tyler Technologies, Inc. is a provider of integrated software and technology management solutions for the public sector. The Company's segments include Enterprise Software (ES) and Platform Technologies (PT). Its ES segment provides public sector entities with software systems and services to meet their information technology and automation needs for mission-critical back-office functions, such as public administration solutions; courts and public safety solutions; education solutions, and property and recording solutions. The PT segment provides public sector entities with software solutions to platform and transformative solutions including digital solutions, payment processing, streamline data processing, and improve operations and workflows. Its solutions deliver mission-critical technology to support the essential functions of government, including public safety, justice, public health, taxation and budgeting, infrastructure and land use, K-12 education, and social services.

Based on the provided data and market analysis, here's a price prediction for Tyler Technologies (TYL) stock by 2030:

Tyler Technologies' stock is projected to reach $850-900 by 2030, driven by continued public sector digital transformation and the company's strong market position. The steady 9.4% organic growth rate and recent strategic moves like the MyGov acquisition support this growth trajectory.

Recent analyst consensus shows a Strong Buy rating with a near-term price target of $667.29, indicating strong fundamentals and positive market sentiment despite some insider selling activity.

TYL has a total of 7300 employees.