Tyler (TYL) Stock Forecast, Price Target & Predictions
TYL Stock Forecast
Tyler stock forecast is as follows: an average price target of $558.00 (represents a -7.18% downside from TYL’s last price of $601.14) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
TYL Price Target
The average price target for Tyler (TYL) is $558.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $700.00 to $350.00. This represents a potential -7.18% downside from TYL's last price of $601.14.
TYL Analyst Ratings
According to 11 Wall Street analysts, Tyler's rating consensus is 'Buy'. The analyst rating breakdown for TYL stock is 0 'Strong Buy' (0.00%), 11 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tyler Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Scott Berg | Needham | $700.00 | $586.77 | 19.30% | 16.45% |
| Oct 17, 2024 | Peter Heckmann | D.A. Davidson | $550.00 | $587.38 | -6.36% | -8.51% |
| Jul 26, 2024 | Terry Tillman | Truist Financial | $600.00 | $578.68 | 3.68% | -0.19% |
| Jul 26, 2024 | Clarke Jeffries | Piper Sandler | $625.00 | $564.34 | 10.75% | 3.97% |
| Jul 26, 2024 | Ken Wong | Oppenheimer | $625.00 | $564.34 | 10.75% | 3.97% |
| Jul 22, 2024 | Peter Heckmann | D.A. Davidson | $456.00 | $529.09 | -13.81% | -24.14% |
| May 23, 2024 | Terry Tillman | Truist Financial | $560.00 | $494.50 | 13.25% | -6.84% |
| May 22, 2024 | Matthew VanVliet | BTIG | $550.00 | $495.98 | 10.89% | -8.51% |
| May 22, 2024 | Michael Turrin | Wells Fargo | $550.00 | $495.98 | 10.89% | -8.51% |
| May 21, 2024 | Mark Schappel | Loop Capital Markets | $530.00 | $493.92 | 7.30% | -11.83% |
The latest Tyler stock forecast, released on Oct 22, 2024 by Scott Berg from Needham, set a price target of $700.00, which represents a 19.30% increase from the stock price at the time of the forecast ($586.77), and a 16.45% increase from TYL last price ($601.14).
Tyler Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 12 |
| Avg Price Target | $700.00 | $625.00 | $570.50 |
| Last Closing Price | $601.14 | $601.14 | $601.14 |
| Upside/Downside | 16.45% | 3.97% | -5.10% |
In the current month, the average price target of Tyler stock is $700.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 16.45% increase as opposed to Tyler's last price of $601.14. This month's average price target is up 12.00% compared to last quarter, and up 22.70% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Needham | Buy | Buy | Hold |
| Oct 07, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| Oct 07, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Oct 07, 2024 | Barclays | Equal-Weight | Overweight | Upgrade |
| Sep 13, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Sep 13, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| Sep 12, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 26, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jul 26, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 26, 2024 | Oppenheimer | Outperform | Outperform | Hold |
Tyler's last stock rating was published by Needham on Oct 22, 2024. The company gave TYL a "Buy" rating, the same as its previous rate.
Tyler Financial Forecast
Tyler Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $480.94M | $494.68M | $504.28M | $471.85M | $452.22M | $473.19M | $468.69M | $456.11M | $433.54M | $459.87M | $404.07M | $294.80M | $283.29M | $285.75M | $271.09M | $276.54M | $288.84M | $275.40M |
| Avg Forecast | $657.65M | $662.07M | $658.77M | $619.02M | $597.46M | $600.98M | $597.37M | $564.43M | $540.72M | $546.02M | $541.01M | $508.27M | $484.85M | $495.62M | $491.26M | $471.14M | $454.62M | $470.79M | $460.07M | $433.27M | $432.67M | $426.03M | $373.36M | $289.37M | $291.50M | $283.70M | $278.38M | $279.98M | $290.92M | $280.97M |
| High Forecast | $671.60M | $676.11M | $672.75M | $632.15M | $610.13M | $613.73M | $610.04M | $585.02M | $545.83M | $546.61M | $541.01M | $508.29M | $488.57M | $501.14M | $501.68M | $481.13M | $464.26M | $470.79M | $460.07M | $433.27M | $432.67M | $426.03M | $373.36M | $289.37M | $291.50M | $283.70M | $278.38M | $279.98M | $290.92M | $280.97M |
| Low Forecast | $645.31M | $649.64M | $646.41M | $607.40M | $586.25M | $589.70M | $586.16M | $550.22M | $531.79M | $545.44M | $541.01M | $508.26M | $482.71M | $490.02M | $482.04M | $462.29M | $446.08M | $470.79M | $460.07M | $433.27M | $432.67M | $426.03M | $373.36M | $289.37M | $291.50M | $283.70M | $278.38M | $279.98M | $290.92M | $280.97M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 1.03% | 1.00% | 0.99% | 1.01% | 1.02% | 1.05% | 1.00% | 1.08% | 1.08% | 1.02% | 0.97% | 1.01% | 0.97% | 0.99% | 0.99% | 0.98% |
Tyler's average Quarter revenue forecast for Mar 24 based on 3 analysts is $508.27M, with a low forecast of $508.26M, and a high forecast of $508.29M. TYL's average Quarter revenue forecast represents a 5.68% increase compared to the company's last Quarter revenue of $480.94M (Dec 23).
Tyler EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $47.75M | $63.94M | $61.87M | $84.34M | $83.84M | $102.13M | $94.69M | $94.38M | $86.11M | $93.52M | $78.41M | $59.40M | $69.32M | $70.41M | $62.10M | $55.86M | $67.92M | $60.35M |
| Avg Forecast | $139.35M | $140.28M | $139.59M | $131.16M | $126.59M | $127.34M | $126.57M | $119.59M | $114.57M | $115.70M | $114.63M | $101.51M | $102.73M | $105.02M | $104.09M | $92.28M | $94.72M | $98.33M | $96.09M | $83.89M | $90.37M | $88.98M | $77.98M | $54.45M | $60.88M | $59.25M | $58.14M | $54.87M | $60.76M | $58.68M |
| High Forecast | $142.30M | $143.26M | $142.55M | $133.94M | $129.28M | $130.04M | $129.26M | $123.96M | $115.65M | $115.82M | $114.63M | $121.81M | $103.52M | $106.18M | $106.30M | $110.74M | $113.66M | $98.33M | $96.09M | $100.67M | $90.37M | $88.98M | $77.98M | $65.34M | $60.88M | $59.25M | $58.14M | $65.84M | $60.76M | $58.68M |
| Low Forecast | $136.73M | $137.65M | $136.97M | $128.70M | $124.22M | $124.95M | $124.20M | $116.58M | $112.68M | $115.57M | $114.63M | $81.21M | $102.28M | $103.83M | $102.14M | $73.83M | $75.77M | $98.33M | $96.09M | $67.12M | $90.37M | $88.98M | $77.98M | $43.56M | $60.88M | $59.25M | $58.14M | $43.89M | $60.76M | $58.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.46% | 0.61% | 0.59% | 0.91% | 0.89% | 1.04% | 0.99% | 1.13% | 0.95% | 1.05% | 1.01% | 1.09% | 1.14% | 1.19% | 1.07% | 1.02% | 1.12% | 1.03% |
3 analysts predict TYL's average Quarter EBITDA for Mar 24 to be $101.51M, with a high of $121.81M and a low of $81.21M. This is 112.60% upper than Tyler's previous annual EBITDA (Dec 23) of $47.75M.
Tyler Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $38.90M | $47.01M | $49.13M | $30.88M | $31.08M | $53.23M | $39.95M | $39.98M | $54.78M | $44.17M | $25.53M | $36.98M | $54.09M | $39.28M | $53.89M | $47.55M | $46.79M | $40.39M |
| Avg Forecast | $136.28M | $138.49M | $134.74M | $123.09M | $120.83M | $123.22M | $119.85M | $111.08M | $106.64M | $107.39M | $100.67M | $43.01M | $81.14M | $88.61M | $82.49M | $39.10M | $60.26M | $80.53M | $78.93M | $35.54M | $75.37M | $76.70M | $70.38M | $33.89M | $61.42M | $57.65M | $51.93M | $47.55M | $61.96M | $58.78M |
| High Forecast | $140.03M | $142.31M | $138.46M | $126.48M | $124.16M | $126.61M | $123.15M | $124.69M | $112.44M | $107.96M | $100.68M | $51.61M | $85.07M | $93.51M | $84.77M | $46.91M | $72.31M | $80.53M | $78.93M | $42.65M | $78.61M | $76.70M | $70.38M | $40.67M | $61.42M | $57.65M | $51.93M | $57.06M | $61.96M | $58.78M |
| Low Forecast | $132.95M | $135.11M | $131.46M | $120.09M | $117.88M | $120.21M | $116.92M | $104.69M | $101.28M | $106.83M | $100.67M | $34.40M | $79.40M | $85.05M | $80.48M | $31.28M | $48.21M | $80.53M | $78.93M | $28.43M | $72.13M | $76.70M | $70.38M | $27.12M | $61.42M | $57.65M | $51.93M | $38.04M | $61.96M | $58.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.53% | 0.60% | 0.79% | 0.52% | 0.66% | 0.51% | 1.13% | 0.73% | 0.58% | 0.36% | 1.09% | 0.88% | 0.68% | 1.04% | 1.00% | 0.76% | 0.69% |
Tyler's average Quarter net income forecast for Mar 24 is $43.01M, with a range of $34.40M to $51.61M. TYL's average Quarter net income forecast represents a 10.54% increase compared to the company's last Quarter net income of $38.90M (Dec 23).
Tyler SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $119.68M | $114.42M | $114.78M | $109.46M | $101.85M | $103.62M | $99.70M | $97.89M | $101.04M | $101.85M | $108.92M | $78.77M | $62.74M | $66.82M | $62.52M | $67.48M | $70.27M | $63.89M |
| Avg Forecast | $153.58M | $154.61M | $153.85M | $144.56M | $139.53M | $140.35M | $139.51M | $131.81M | $126.28M | $127.51M | $126.34M | $105.29M | $113.23M | $115.74M | $114.72M | $95.72M | $111.14M | $109.94M | $107.44M | $87.02M | $101.04M | $99.49M | $87.19M | $72.21M | $68.08M | $66.25M | $65.01M | $67.48M | $67.94M | $65.61M |
| High Forecast | $156.84M | $157.89M | $157.11M | $147.63M | $142.49M | $143.33M | $142.46M | $136.62M | $127.47M | $127.65M | $126.34M | $126.35M | $114.10M | $117.03M | $117.16M | $114.86M | $133.37M | $109.94M | $107.44M | $104.42M | $101.04M | $99.49M | $87.19M | $86.65M | $68.08M | $66.25M | $65.01M | $80.98M | $67.94M | $65.61M |
| Low Forecast | $150.70M | $151.71M | $150.96M | $141.85M | $136.91M | $137.72M | $136.89M | $128.49M | $124.19M | $127.38M | $126.34M | $84.23M | $112.73M | $114.44M | $112.57M | $76.58M | $88.91M | $109.94M | $107.44M | $69.61M | $101.04M | $99.49M | $87.19M | $57.77M | $68.08M | $66.25M | $65.01M | $53.99M | $67.94M | $65.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.99% | 1.00% | 1.14% | 0.92% | 0.94% | 0.93% | 1.13% | 1.00% | 1.02% | 1.25% | 1.09% | 0.92% | 1.01% | 0.96% | 1.00% | 1.03% | 0.97% |
Tyler's average Quarter SG&A projection for Mar 24 is $105.29M, based on 3 Wall Street analysts, with a range of $84.23M to $126.35M. The forecast indicates a -12.02% fall compared to TYL last annual SG&A of $119.68M (Dec 23).
Tyler EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 11 | 5 | 3 | 3 | 6 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.92 | $1.12 | $1.17 | $0.74 | $0.75 | $1.28 | $0.96 | $0.97 | $1.33 | $1.08 | $0.63 | $0.91 | $1.34 | $0.98 | $1.35 | $1.20 | $1.20 | $1.04 |
| Avg Forecast | $3.12 | $3.17 | $3.08 | $2.82 | $2.77 | $2.82 | $2.74 | $2.54 | $2.44 | $2.46 | $2.30 | $2.04 | $1.86 | $2.03 | $1.89 | $1.69 | $1.75 | $1.86 | $1.82 | $1.72 | $1.74 | $1.77 | $1.63 | $1.32 | $1.42 | $1.33 | $1.20 | $1.25 | $1.43 | $1.36 |
| High Forecast | $3.20 | $3.26 | $3.17 | $2.89 | $2.84 | $2.90 | $2.82 | $2.85 | $2.57 | $2.47 | $2.30 | $2.04 | $1.95 | $2.14 | $1.94 | $1.74 | $1.80 | $1.86 | $1.82 | $1.72 | $1.82 | $1.77 | $1.63 | $1.32 | $1.42 | $1.33 | $1.20 | $1.25 | $1.43 | $1.36 |
| Low Forecast | $3.04 | $3.09 | $3.01 | $2.75 | $2.70 | $2.75 | $2.68 | $2.40 | $2.32 | $2.44 | $2.30 | $2.04 | $1.82 | $1.95 | $1.84 | $1.65 | $1.71 | $1.86 | $1.82 | $1.72 | $1.67 | $1.77 | $1.63 | $1.32 | $1.42 | $1.33 | $1.20 | $1.25 | $1.43 | $1.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.50% | 0.55% | 0.62% | 0.44% | 0.43% | 0.69% | 0.53% | 0.56% | 0.76% | 0.61% | 0.39% | 0.69% | 0.94% | 0.74% | 1.13% | 0.96% | 0.84% | 0.77% |
According to 3 Wall Street analysts, Tyler's projected average Quarter EPS for Mar 24 is $2.04, with a low estimate of $2.04 and a high estimate of $2.04. This represents a 121.24% increase compared to TYL previous annual EPS of $0.92 (Dec 23).
Tyler Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PYCR | Paycor HCM | $16.40 | $22.00 | 34.15% | Hold |
| BSY | Bentley Systems | $46.69 | $52.33 | 12.08% | Buy |
| PCTY | Paylocity | $195.28 | $218.64 | 11.96% | Buy |
| ROP | Roper | $549.45 | $605.11 | 10.13% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| ANSS | ANSYS | $342.24 | $359.60 | 5.07% | Buy |
| AZPN | Aspen | $245.30 | $254.40 | 3.71% | Buy |
| SSNC | SS&C Technologies | $73.43 | $75.50 | 2.82% | Buy |
| MANH | Manhattan Associates | $271.56 | $276.57 | 1.84% | Buy |
| DSGX | Descartes Systems Group | $114.13 | $109.63 | -3.94% | Buy |
| TYL | Tyler | $601.14 | $558.00 | -7.18% | Buy |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |
| PTC | PTC | $188.50 | $172.00 | -8.75% | Buy |
| CDNS | Cadence Design Systems | $304.01 | $276.07 | -9.19% | Buy |
| BLKB | Blackbaud | $83.02 | $74.33 | -10.47% | Buy |
| SAP | SAP SE | $235.02 | $173.08 | -26.36% | Buy |