Tyler Technologies, Inc. (TYL) Stock Analysis
Technology · Software - Application
Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $288.29 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.3): -0.5; Weak overall score: 4.9/10.
Tyler Technologies provides integrated software and SaaS solutions exclusively to U.S. public sector agencies (local, state, federal governments, courts, K-12 schools), covering ERP, property/tax, public safety, payments, and digital citizen services. Recurring revenues... Read more
Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $288.29 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.3): -0.5; Weak overall score: 4.9/10. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.9/10, moderate confidence.
Passes 7/9 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news boost analyst 0.70, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: moderate.
About Tyler Technologies, Inc.
About Tyler Technologies, Inc.
Tyler Technologies generated $2.0 billion in recurring revenue in 2025, representing 87% of total revenues, while annualized recurring revenue (ARR) reached $2.06 billion at December 31, 2025 — an approximately 11% increase year-over-year. Subscription-based revenues alone climbed from $784.4 million in 2021 to $1.6 billion in 2025, driven by a sustained shift toward SaaS delivery. The company serves public sector clients across all 50 states, including dedicated enterprise contracts in 30 states, and employed approximately 7,800 team members at December 31, 2025.
Tyler's revenues flow from three streams: subscription-based services (SaaS arrangements and transaction-based fees from the payments platform, which processes nearly half a billion transactions annually, plus digital government and e-filing services), maintenance and support for on-premises clients billed as a percentage of license fees and renewed annually, and professional services for implementation, training, and data conversion billed hourly or on a fixed-fee basis. Software licenses and hardware represented only 2.5% and 3.2% of total revenues in 2025 and 2024, respectively, confirming the recurring-revenue pivot is structurally advanced. SaaS contracts typically span one to three years and include fee escalators on renewal; on-premises clients historically renew at roughly 98% annually. AWS provides the primary cloud infrastructure under a strategic collaboration agreement; Tyler acknowledges that switching providers would require significant cost and potential service interruption, making the relationship a material operational dependency. Named competitors include Oracle Corporation, SAP AG, Infor, Workday, Motorola Solutions, Axon Enterprise, and Constellation Software.
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Tyler's public sector client base creates structural budget dependency: revenues derived substantially from government entities are subject to termination clauses tied to lack of future appropriations, open bidding requirements, and political factors including changes in governmental administrations. In May 2026, the company disclosed via Form 8-K an Amended and Restated Credit Agreement providing a $1 billion unsecured revolving facility with Wells Fargo Bank, National Association, maturing May 28, 2031 — expanding capacity above the prior $700 million line and extending tenor ahead of the 2029 scheduled maturity. The expanded facility provides financial flexibility for acquisitions and ongoing migration of legacy on-premises clients to cloud SaaS arrangements.
See also: Technology · Software - Application
From Tyler Technologies, Inc.'s most recent 10-K filing, extracted June 16, 2026.
Recent developments
updated 2026-06-15Recent Developments — Tyler Technologies, Inc.
Material events (past 30 days)
- 8K May 29, 2026 MEDIUM Item 1.02: Tyler Technologies terminated its existing $700 million unsecured credit agreement dated September 25, 2024 with Wells Fargo Bank as Administrative Agent, replaced by the new $1 billion facility maturing May 28, 2031.
Latest news
- NEWS Tyler Technologies: Q1 Earnings Snapshot - KTVB — KTVB neutral
- NEWS Tyler Technologies (TYL) Stock: Discount or Premium? (Bullish Momentum) 2026-04-22 - Community Chart Signals - UBND thàn — UBND thành phố Hải Phòng positive
- NEWS TD Cowen cuts Tyler Tech stock price target on bookings concerns - Investing.com — Investing.com negative
- NEWS Tyler Technologies Announces 2026 Investor Day - Business Wire — Business Wire positive
- NEWS [Form 4] TYLER TECHNOLOGIES INC Insider Trading Activity - Stock Titan — Stock Titan neutral
Generated 2026-06-17T08:56:48Z.
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $288.29 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.3): -0.5; Weak overall score: 4.9/10. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $277.28. Score 4.9/10, moderate confidence.
Take-profit target: $399.13 (+38.5% upside). Prior stop was $277.28. Stop-loss: $277.28.
Leverage penalty (D/E 1.3): -0.5; Weak overall score: 4.9/10; Weak growth.
Tyler Technologies, Inc. trades at a P/E of 41.3 (forward 20.3). TrendMatrix value score: 5.4/10. Verdict: Sell.
27 analysts cover TYL with a consensus score of 4.1/5. Average price target: $443.
What does Tyler Technologies, Inc. do?Tyler Technologies provides integrated software and SaaS solutions exclusively to U.S. public sector agencies (local,...
Tyler Technologies provides integrated software and SaaS solutions exclusively to U.S. public sector agencies (local, state, federal governments, courts, K-12 schools), covering ERP, property/tax, public safety, payments, and digital citizen services. Recurring revenues (subscriptions + maintenance) were $2.0B or 87% of total 2025 revenues; ARR reached $2.06B as clients shift toward cloud deployment.