TYL official logo TYL
TYL 1-star rating from Upturn Advisory
Tyler Technologies Inc (TYL) company logo

Tyler Technologies Inc (TYL)

Tyler Technologies Inc (TYL) 1-star rating from Upturn Advisory
$460.81
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

11/05/2025: TYL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

19 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $649.83

1 Year Target Price $649.83

Analysts Price Target For last 52 week
$649.83 Target price
52w Low $450
Current$460.81
52w High $661.31

Analysis of Past Performance

Type Stock
Historic Profit 27.67%
Avg. Invested days 64
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 19.83B USD
Price to earnings Ratio 64.09
1Y Target Price 649.83
Price to earnings Ratio 64.09
1Y Target Price 649.83
Volume (30-day avg) 19
Beta 0.91
52 Weeks Range 450.00 - 661.31
Updated Date 11/6/2025
52 Weeks Range 450.00 - 661.31
Updated Date 11/6/2025
Dividends yield (FY) -
Basic EPS (TTM) 7.19

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-10-22
When -
Estimate 2.85
Actual 2.97

Profitability

Profit Margin 13.72%
Operating Margin (TTM) 16.43%

Management Effectiveness

Return on Assets (TTM) 4.58%
Return on Equity (TTM) 9.17%

Valuation

Trailing PE 64.09
Forward PE 38.61
Enterprise Value 21301973123
Price to Sales(TTM) 8.63
Enterprise Value 21301973123
Price to Sales(TTM) 8.63
Enterprise Value to Revenue 9.49
Enterprise Value to EBITDA 41.55
Shares Outstanding 43027728
Shares Floating 42804844
Shares Outstanding 43027728
Shares Floating 42804844
Percent Insiders 0.39
Percent Institutions 98.18

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Tyler Technologies Inc

Tyler Technologies Inc(TYL) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Tyler Technologies was founded in 1966 as Saturn Systems. It initially focused on providing data processing services to Texas school districts. Over time, it expanded into providing integrated technology solutions and services for the public sector, including local governments and schools across the United States.

Company business area logo Core Business Areas

  • Elections: Provides end-to-end election management solutions, including voter registration, ballot preparation, and election night reporting.
  • Courts & Public Safety: Offers comprehensive solutions for courts, law enforcement, and corrections agencies, including case management, records management, and incident reporting systems.
  • Financial Management: Provides financial management software for government entities, including accounting, budgeting, and procurement solutions.
  • Property Tax: Delivers property tax administration solutions, including appraisal, assessment, and tax billing systems.
  • Land Management: Offers land management solutions for planning, permitting, and zoning departments.

leadership logo Leadership and Structure

Lynn Moore, Jr. serves as the Chief Executive Officer. The company has a traditional hierarchical structure with various departments focusing on product development, sales, marketing, and customer support.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • EnerGov: A comprehensive ERP solution that supports various government functions like planning, permitting, inspections, code enforcement, licensing, and community development. Competitors include Accela, Infor, and Oracle. Specific market share data not readily available.
  • Odyssey: A court case management solution used by courts across the United States. Competitors include Thomson Reuters (Westlaw), and Sungard Public Sector. Specific market share data not readily available.
  • Munis: A financial management and ERP solution for local governments and school districts. Competitors include Workday, Oracle, and SAP. Market share data not readily available.

Market Dynamics

industry overview logo Industry Overview

The market for public sector software is growing, driven by the need for governments to improve efficiency, transparency, and citizen engagement. Cloud-based solutions and data analytics are increasingly important.

Positioning

Tyler Technologies is a leading provider of integrated technology solutions and services for the public sector. Its competitive advantage lies in its deep understanding of government processes, its comprehensive product suite, and its strong customer relationships.

Total Addressable Market (TAM)

The TAM for government software and IT services is estimated to be substantial, potentially exceeding $50 billion annually in the US. Tyler Technologies is well-positioned to capture a significant portion of this market.

Upturn SWOT Analysis

Strengths

  • Strong market position
  • Comprehensive product suite
  • Long-standing customer relationships
  • Deep industry expertise
  • Recurring revenue model

Weaknesses

  • Reliance on government spending
  • Integration challenges with acquired companies
  • Pricey
  • Implementation issues
  • Customer support complaints

Opportunities

  • Expansion into new markets
  • Increased adoption of cloud-based solutions
  • Development of new data analytics capabilities
  • Acquisitions of complementary businesses
  • Government regulations

Threats

  • Economic downturns
  • Increased competition
  • Cybersecurity threats
  • Changes in government regulations
  • Budget constraints

Competitors and Market Share

Key competitor logo Key Competitors

  • ACCA
  • VERI
  • CDAY

Competitive Landscape

Tyler Technologies benefits from its specialization and depth of solutions specific to public sector needs. Competitors offer broader solutions, but may lack depth in specific government functions.

Major Acquisitions

NIC Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 2300
  • Strategic Rationale: Expanded Tyler Technologies' digital government capabilities and reach. NIC provides secure payment processing, digital government services and data analytics solutions for state and local governments. Synergies expected in citizen engagement and service delivery.

Growth Trajectory and Initiatives

Historical Growth: Tyler Technologies has experienced significant growth over the past decade, both organically and through acquisitions.

Future Projections: Analysts project continued revenue and earnings growth for Tyler Technologies, driven by the increasing demand for government software and services.

Recent Initiatives: Recent strategic initiatives include expanding its cloud-based offerings, investing in data analytics, and acquiring companies in complementary markets.

Summary

Tyler Technologies is a strong company with a leading position in the public sector software market. Its comprehensive product suite, deep industry expertise, and recurring revenue model contribute to its success. However, reliance on government spending and integration challenges require careful management. The market TAM is large and expanding, but the increased competition is expected to be high.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Financial Statements
  • Analyst Reports
  • Market Research Reports

Disclaimers:

This analysis is based on publicly available information and represents an opinion. It is not financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tyler Technologies Inc

Exchange NYSE
Headquaters Plano, TX, United States
IPO Launch date 1987-12-30
CEO, President & Director Mr. H. Lynn Moore Jr.
Sector Technology
Industry Software - Application
Full time employees 7689
Full time employees 7689

Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity, threat detection and response, customized employee training, and vulnerability testing; data and insights, and digital solutions; billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; and outdoor recreation solutions for use in campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. It also provides public administration solutions comprising civil services for managing permitting, enforcement, health and safety inspections, compliance, maintenance and work orders, 311 requests, and others; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property tax life cycle, including appraisal services, valuation, tax billing and collections, assessment administration, land and official records; and licensing and regulatory management solutions. In addition, the company offers courts and public safety solutions, K-12 education solutions, and health and human services solutions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.