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TYL

Tyler Technologies

NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-05-08

$324.58-1.96%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, TYL has a composite score of 25.5, categorized as "mild favorable" with a high confidence level of 80.1. The score is influenced by several factors, including an unfavorable scenario of a potential guidance cut and a favorable scenario if next-quarter guidance is raised. The macro score is 32.3, while the sector score is 21.4, indicating varying strengths in different areas. This analysis is provisional.

Composite +26as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 30% of information technology cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.01
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
969875100
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$324.58
TTM EPS
$7.58
Earnings yield
2.3%
P/E (TTM)
42.8

Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1

F3 · Earnings quality
robust
Top 20% cash conversion in information technology cohort
Why this rank
TTM NI ($M)
316
TTM CFO ($M)
705
CFO/NI
2.23
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 10% activity in information technology cohort· see deep-dive ↓
capital friendlyTop 10% capital-friendly in information technology cohort

Buyback / dividend activity on weakening fundamentals — historically a value-trap pattern (48% T+1y positive return vs 69% baseline in IT 2024-26).

Earnings setup · pre-print positioning
forward-looking
bullish5 PT revisions / 30d, avg 25.2% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.19 → $3.19 (-0.3% / 30d). 8 raised, 13 cut, 22 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 7 maintained. 82% of analysts rate Buy.

Price target activity

5 PT revisions / 30d. Avg target 25.2% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.SaaS Revenue Growthgrowthon track100% progress
    4/29: CEO: 'We achieved double-digit recurring revenue growth, led by exceptional SaaS growth, extending our impressive track record with 21 consecutive quarters of 20% or greater SaaS growth.'
    Why this status

    Stated in 2 of last 2 quarters. SaaS revenues grew 23.5% to $222.4 million in 2026-Q1, continuing the trend of 20% or greater growth. This consistent growth trajectory aligns with management's stated priority of maintaining strong SaaS revenue expansion.

  2. 2.Share Repurchase Programcapital allocationon track77% progress
    4/29: CFO: 'We executed $250 million in share repurchases under our expanded $1 billion authorization.'
    Why this status

    Stated in 2 of last 2 quarters. $250 million in share repurchases executed in 2026-Q1, with approximately $653 million remaining under the $1 billion authorization. This demonstrates active capital allocation towards share repurchases, aligning with management's stated priority.

  3. 3.Recurring Revenue Growthgrowthon track100% progress
    4/29: CEO: 'Our first quarter results exceeded expectations for our key performance measures, with recurring and total revenues setting new quarterly records.'
    Why this status

    Stated in 2 of last 2 quarters. Recurring revenues were $538.6 million, up 10.4% in 2026-Q1, continuing the upward trend from $514.4 million in 2025-Q4. This aligns with management's focus on driving growth through recurring revenue streams.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −53%, typical day ±1.5%
Why this risk level

Recent vol — 30d annualized 35%; 252d 35%.

Drawdown — Max 1y −53%. Bad day move −3%.

Beta to sector ETF (XLK) 0.01 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 41/100, drawdown 0/100, beta 1/100, earnings vol .

Sector regime
tailwind+15.9%sector vs S&P 500, 60d

via XLK

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite52.9 / 100
Capital allocation34
Earnings discipline74
Margin discipline74
Balance sheet51
Guidance credibility
Post-call reaction46
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    SaaS Revenue Growth

    Growth

    Achieve consistent SaaS revenue growth of 20% or greater.

    On track

    Stated in 2 of last 2 quarters. SaaS revenues grew 23.5% to $222.4 million in 2026-Q1, continuing the trend of 20% or greater growth. This consistent growth trajectory aligns with management's stated priority of maintaining strong SaaS revenue expansion.

    SaaS revenues grew 23.5% to $222.4 million in 2026-Q1
    100%
    CEO/CFO:CEO: 'We achieved double-digit recurring revenue growth, led by exceptional SaaS growth, extending our impressive track record with 21 consecutive quarters of 20% or greater SaaS growth.'
    Earnings callSource dated 2026-04-29Stated 2 of last 8 quartersFirst seen 2026-04-29
    Show history (2)
    • 2026-Q1Earnings call

      CEO: 'SaaS revenues grew 23.5% to $222.4 million.'

    • 2025-Q4Earnings call

      CEO: 'SaaS revenues grew 20.2% to $208.3 million.'

  • #2

    Share Repurchase Program

    Capital allocation

    Execute share repurchases under the $1 billion authorization.

    On track

    Stated in 2 of last 2 quarters. $250 million in share repurchases executed in 2026-Q1, with approximately $653 million remaining under the $1 billion authorization. This demonstrates active capital allocation towards share repurchases, aligning with management's stated priority.

    $250 million in share repurchases executed in 2026-Q1
    77%
    CEO/CFO:CFO: 'We executed $250 million in share repurchases under our expanded $1 billion authorization.'
    Earnings callSource dated 2026-04-29Stated 2 of last 8 quartersFirst seen 2026-04-29
    Show history (2)
    • 2026-Q1Earnings call

      CFO: 'We repurchased approximately 2.5% of our outstanding shares this year.'

    • 2025-Q4Earnings call

      CEO: 'We repurchased $175 million of our stock.'

  • #3

    Recurring Revenue Growth

    Growth

    Focus on increasing recurring revenues to drive overall revenue growth.

    On track

    Stated in 2 of last 2 quarters. Recurring revenues were $538.6 million, up 10.4% in 2026-Q1, continuing the upward trend from $514.4 million in 2025-Q4. This aligns with management's focus on driving growth through recurring revenue streams.

    Recurring revenues were $538.6 million, up 10.4% in 2026-Q1
    100%
    CEO/CFO:CEO: 'Our first quarter results exceeded expectations for our key performance measures, with recurring and total revenues setting new quarterly records.'
    Earnings callSource dated 2026-04-29Stated 2 of last 8 quartersFirst seen 2026-04-29
    Show history (2)
    • 2026-Q1Earnings call

      CEO: 'Recurring revenues were $538.6 million, up 10.4%.'

    • 2025-Q4Earnings call

      CEO: 'Recurring revenues were $514.4 million, up 10.9%.'

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
54higher = cheaper

Roughly priced in line with peers.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
28.5x
EV/EBITDA
26.6x
FCF yield
4.8%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
TYL
Tyler Technologies
+26inexpensiveelevated
NVDA
NVIDIA Corporation
+20fullmoderate
AAPL
Apple Inc
+19fullmoderate
MSFT
Microsoft
+27fairelevated
AVGO
Broadcom
+11expensiveelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.5%
A bad day (95th %ile)
A rough but not unusual down day.
-3.2%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-53.1%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-29)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-29)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-299d agoItem 2.02

    Results of Operations and Financial Condition On April 29, 2026, Tyler Technologies, Inc. issued the earnings news release announcing results from operations and financial condition as of March 31, 2026, attached hereto as Exhibit 99.1, which news release is incorporated by reference herein. Exhibit number Exhibit description 99.1 News Release issued by Tyler Technologies, Inc. dated April 29, 2026 104 Cover Page Interactive Data File (embedded in the Inline XBRL document) SIGNATURES Pursuant…

    earnings preannouncementneutralscore 53
  2. 2026-03-131mo agoItem 8.01

    Other Events. On March 13, 2026, Tyler Technologies, Inc. (“Tyler”) entered into a Rule 10b5-1 trading plan (the “Plan”) with a brokerage firm to repurchase up to $200.0 million of shares of our common stock. Share repurchases under the Plan may commence March 16, 2026, and will end April 30, 2026. Tyler’s share repurchase program was originally announced in October 2002 and was amended at various times from 2003 through 2026. On February 3, 2026, our Board of Directors authorized the repurch…

    capital allocationpositivescore 14
  3. 2026-02-112mo agoItem 2.02

    Results of Operations and Financial Condition On February 11, 2026, Tyler Technologies, Inc. issued the earnings news release announcing results from operations and financial condition as of December 31, 2025, attached hereto as Exhibit 99.1, which news release is incorporated by reference herein. Exhibit number Exhibit description 99.1 News Release issued by Tyler Technologies, Inc. dated February 11, 2026 104 Cover Page Interactive Data File (embedded in the Inline XBRL document) SIGNATURES…

    earnings preannouncementneutralscore 9
  4. 2026-02-043mo agoItem 8.01

    Other Events. On February 4, 2026, Tyler Technologies, Inc. (“Tyler” or “the Company”) announced that its board of directors approved a share repurchase plan with authorization to purchase up to $1 billion of its Class A Common Stock, effective immediately (the “Repurchase Plan”). The Repurchase Plan replaces and supersedes any previous authorizations. Repurchases under the Repurchase Plan may be made in the open market or otherwise in such quantities, at such prices, in such manner and on su…

    capital allocationpositivescore 6
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-04-29 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.