DA Davidson Upgrades Tyler Technologies (NYSE:TYL) to Buy

Tyler Technologies (NYSE:TYL) was upgraded by equities researchers at DA Davidson from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, Marketbeat reports. The brokerage currently has a $460.00 target price on the technology company’s stock, down from their previous target price of $510.00. DA Davidson’s price target would indicate a potential upside of 60.48% from the stock’s previous close.

A number of other research analysts have also issued reports on TYL. The Goldman Sachs Group initiated coverage on Tyler Technologies in a report on Tuesday, January 13th. They issued a “buy” rating and a $560.00 target price for the company. Wells Fargo & Company decreased their price objective on Tyler Technologies from $470.00 to $420.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Needham & Company LLC restated a “buy” rating and set a $750.00 target price on shares of Tyler Technologies in a research note on Tuesday, February 3rd. BTIG Research reduced their target price on shares of Tyler Technologies from $560.00 to $470.00 and set a “buy” rating on the stock in a report on Monday. Finally, Robert W. Baird set a $660.00 price target on shares of Tyler Technologies in a report on Friday, October 31st. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $597.57.

Tyler Technologies Stock Performance

Shares of TYL stock opened at $286.64 on Wednesday. Tyler Technologies has a fifty-two week low of $283.71 and a fifty-two week high of $661.31. The company has a 50 day moving average price of $426.51 and a 200 day moving average price of $488.26. The stock has a market capitalization of $12.33 billion, a P/E ratio of 39.81, a price-to-earnings-growth ratio of 2.29 and a beta of 0.91.

Insider Buying and Selling at Tyler Technologies

In related news, CFO Brian K. Miller sold 1,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $469.08, for a total value of $469,080.00. Following the transaction, the chief financial officer directly owned 12,781 shares of the company’s stock, valued at $5,995,311.48. This trade represents a 7.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Glenn A. Carter sold 500 shares of Tyler Technologies stock in a transaction on Friday, December 12th. The stock was sold at an average price of $458.73, for a total transaction of $229,365.00. Following the sale, the director owned 3,172 shares in the company, valued at $1,455,091.56. This represents a 13.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 3,500 shares of company stock valued at $1,605,605. Company insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. DLD Asset Management LP purchased a new stake in Tyler Technologies in the second quarter valued at approximately $5,780,190,000. Vanguard Group Inc. increased its holdings in shares of Tyler Technologies by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,805,036 shares of the technology company’s stock valued at $3,036,963,000 after acquiring an additional 234,916 shares during the period. Norges Bank purchased a new stake in Tyler Technologies in the 4th quarter valued at $921,035,000. State Street Corp boosted its stake in Tyler Technologies by 1.8% during the 3rd quarter. State Street Corp now owns 1,947,850 shares of the technology company’s stock worth $1,019,037,000 after purchasing an additional 34,178 shares during the period. Finally, Principal Financial Group Inc. grew its position in Tyler Technologies by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 1,454,061 shares of the technology company’s stock worth $660,089,000 after purchasing an additional 43,421 shares during the last quarter. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Key Tyler Technologies News

Here are the key news stories impacting Tyler Technologies this week:

• Positive Sentiment: Company raised FY-2026 EPS and revenue guidance above street forecasts, signaling management sees stronger full-year profitability and top-line visibility. Tyler Technologies Reports Fourth Quarter 2025 Results
• Positive Sentiment: DA Davidson upgraded TYL to a Buy with a $460 price target, showing some analyst confidence in a recovery from the pullback. DA Davidson upgrade report
• Neutral Sentiment: Quarterly slide deck and earnings-call materials are available for investors that want detail on contract cadence, margin drivers, and backlog — useful for assessing whether the miss is transitory. Earnings call presentation
• Negative Sentiment: Q4 EPS and revenue missed estimates (EPS below consensus and revenue short of expectations), despite recurring revenue growth; the headline miss drove immediate downward pressure. Zacks: Q4 earnings miss
• Negative Sentiment: Market commentary highlights that the stock is trading at its lowest valuation in years as the earnings miss and outlook on software spending triggered re-rating risk. This valuation compression is amplifying the sell-off. Why Tyler Technologies Stock Is Sinking Today
• Negative Sentiment: Management and media noted slower software spending trends that could weigh on near-term revenue cadence, increasing investor caution around growth visibility. Downbeat revenue forecast / slower software spending

About Tyler Technologies

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.