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With a market cap of $25.4 billion, Tyler Technologies, Inc. (TYL) is a Plano, Texas–based S&P 500 company specializing in software and technology solutions for the public sector, serving local, state, and federal governments, as well as K–12 schools. Its integrated platforms cover areas like courts & justice, tax & appraisal, ERP, public safety, student transportation, records management, and data insights, with over 40,000 installations across nearly 13,000 locations. The company is slated to announce its fiscal Q2 2025 earnings results on Wednesday, July 23.
Ahead of this event, analysts expect TYL to report a profit of $2.13 per share, a 10.9% growth from $1.92 per share in the year-ago quarter. TYL has exceeded Wall Street's earnings expectations in all of the past four quarters.
For fiscal 2025, analysts expect TYL to report EPS of $8.54, up 12.7% from $7.58 in fiscal 2024.
TYL shares have gained 14.6% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 13% rise and the Technology Select Sector SPDR Fund's (XLK) 10.7% upstick over the same period.
On May 30, TYL saw a marginal gain, outperforming the slightly declining S&P 500. The uptick followed news that Gartner recognized Tyler as both a “leader” and a “visionary” in its Magic Quadrant for Cloud-Based ERP for U.S. Local Government, which boosted investor sentiment.
Analysts' consensus view on Tyler Technologies stock remains fairly bullish, with a "Moderate Buy" rating overall. Among the 18 analysts covering the stock, 12 recommend a "Strong Buy," one "Moderate Buy," and five suggest "Hold."
TYL’s mean price target of $670.35 reflects a 15% premium from the current market prices.
