Tyler Technologies, Inc. (TYL)
NYSE: TYL · IEX Real-Time Price · USD
492.86
+3.72 (0.76%)
May 20, 2024, 2:45 PM EDT - Market open
Tyler Technologies Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Tyler Technologies stock have an average target of 483.09, with a low estimate of 425 and a high estimate of 529. The average target predicts a decrease of -1.98% from the current stock price of 492.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TYL stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 7 | 8 | 7 | 7 | 7 | 6 |
| Hold | 4 | 4 | 4 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 15 | 15 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $490 | Buy | Reiterates | $490 | -0.58% | May 1, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $490 | Buy | Reiterates | $490 | -0.58% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $520 → $529 | Buy | Maintains | $520 → $529 | +7.33% | Apr 26, 2024 |
| Baird | Baird | Buy Maintains $500 → $525 | Buy | Maintains | $500 → $525 | +6.52% | Apr 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $480 → $500 | Buy | Maintains | $480 → $500 | +1.45% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
2.14B
from 1.95B
Increased by 9.54%
Revenue Next Year
2.34B
from 2.14B
Increased by 9.64%
EPS This Year
9.11
from 3.88
Increased by 134.85%
EPS Next Year
10.36
from 9.11
Increased by 13.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.2B | 2.5B | 2.7B | 3.0B | 3.3B |
| Avg | 2.1B | 2.3B | 2.6B | 2.8B | 3.1B |
| Low | 2.1B | 2.2B | 2.5B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6% | 15.4% | 15.2% | 17.6% | 17.6% |
| Avg | 9.5% | 9.6% | 9.5% | 10.5% | 9.1% |
| Low | 5.4% | 4.7% | 4.5% | 4.6% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.65 | 11.19 | 13.20 | 15.23 | 17.38 |
| Avg | 9.11 | 10.36 | 11.88 | 14.65 | 16.72 |
| Low | 8.76 | 9.78 | 10.66 | 14.21 | 16.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 148.7% | 22.8% | 27.4% | 28.1% | 18.7% |
| Avg | 134.9% | 13.7% | 14.6% | 23.3% | 14.1% |
| Low | 125.8% | 7.3% | 2.9% | 19.6% | 10.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.