2026년 2월 27일 · Unknown · financial · 출처 Yahoo Finance
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Tyler Technologies is in focus after our fair value estimate shifted from US$603.14 to US$439.90, a sizeable reset that puts valuation assumptions under a brighter spotlight. That change lines up with Street research that has turned more cautious, as several firms trim their price targets while bulls and bears debate growth durability, execution risk, and what counts as a reasonable premium today. As you read on, you will see how these moving targets fit into the broader analyst narrative and what to watch as the story evolves.
Stay updated as the Fair Value for Tyler Technologies shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Tyler Technologies.
What Wall Street Has Been Saying
🐂 Bullish Takeaways
Goldman Sachs, Stifel, and DA Davidson have all highlighted Tyler Technologies as a key player in public sector software, pointing to its role in supporting digital transformation for state and local governments. Goldman Sachs and Needham have cited Tyler's presence in cloud solutions and its scale in government markets as important supports for their previous positive views on the company. Needham added Tyler to its Conviction List and named it a top pick for 2026, while Truist described a prior selloff as a buying opportunity, signaling that some firms still see upside potential relative to recent trading levels.
🐻 Bearish Takeaways
Since early January, multiple firms including Goldman Sachs, Baird, Evercore ISI, Cantor Fitzgerald, Oppenheimer, Needham, Stifel, Barclays, Piper Sandler, Citizens, BTIG, TD Cowen, and Wells Fargo have lowered their price targets, pointing to a broad reset in expectations. Needham and other firms have referenced pressures such as lower software as a service bookings and valuation compression, while Wells Fargo and Piper Sandler have flagged a tougher setup for fundamentals in 2026, which feeds into more cautious growth and execution assumptions.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!NYSE:TYL 1-Year Stock Price Chart
We've flagged 1 risk for Tyler Technologies. See which could impact your investment.
What's in the News
The Board of Directors authorized a share repurchase plan on February 4, 2026, giving Tyler the option to buy back its stock over time. Tyler announced a share repurchase program for up to US$1,000m of its Class A Common Stock with no fixed expiration date, allowing flexibility in how and when repurchases occur. Tyler signed an agreement with Chesterfield County, Virginia, to serve as the single payment processing partner for nearly 400,000 residents across multiple county departments, covering both online and in person payments. Tyler and the Midland County Central Dispatch Authority in Michigan completed implementation of Tyler's cloud hosted Enterprise Computer Aided Dispatch and Enterprise Mobile solutions to support daily public safety dispatch operations.
Story Continues
How This Changes the Fair Value For Tyler Technologies
Fair value estimate moved from US$603.14 to US$439.90, reflecting updated inputs in the model. Long term revenue growth assumption adjusted from about 8.91% to 8.88%. Long run net profit margin assumption moved from roughly 16.96% to 16.57%. Future P/E multiple was reduced from about 65.8x to 47.3x. Discount rate shifted slightly from 8.50% to about 8.51%.
Never Miss an Update: Follow The Narrative
Narratives link a company's business story to a set of financial assumptions and a fair value estimate that update as new information comes in. They help you see how growth drivers and risks connect to the numbers analysts are using.
Head over to the Simply Wall St Community and follow the Narrative on Tyler Technologies to stay up to date on:
How demand for cloud based, secure, and integrated software for state and local governments feeds into expectations for recurring revenue and higher contract values. What role acquisitions, the One Tyler unified client experience, and AI powered tools play in expanding Tyler's product penetration and supporting its margin profile. Key risks around government budget dependence, lumpy large deal bookings, segment declines, acquisitions integration, and rising competition from other GovTech providers.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include TYL.
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