Execution Challenges | Recent SaaS booking concerns test ambitious growth targets, though analysts anticipate reacceleration as the cloud transition matures and comparisons normalize |
Government Market Edge | Domain expertise and extensive customer relationships create competitive moats in public sector technology, strengthening position amid digital modernization |
Earnings Outlook | Analysts project EPS growth from $11.40 to approximately $12.47-$12.54, with price targets reaching $715 from major investment firms |
SaaS Transformation | Tyler Technologies targets 20% SaaS revenue growth by 2026 through product conversions, new bookings, and strategic pricing initiatives |

Metrics to compare | TYL | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipTYLPeersSector | |
|---|---|---|---|---|
P/E Ratio | 45.5x | 35.7x | 11.6x | |
PEG Ratio | 5.45 | 0.35 | 0.01 | |
Price / Book | 4.9x | 6.8x | 2.4x | |
Price / LTM Sales | 6.1x | 5.2x | 2.1x | |
Upside (Analyst Target) | 16.4% | 15.6% | 43.4% | |
Fair Value Upside | Unlock | 28.2% | 8.3% | Unlock |
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.