Barclays' analyst Saket Kalia has revised the price outlook for Tyler Technologies (TYL, Financial), reducing the target from $715 to $700. Despite this adjustment, Kalia maintains an Overweight rating on the stock. This update is part of a broader Q1 preview involving 16 companies in the security, design, and vertical software-as-a-service sectors.
The decision reflects a routine assessment performed on the company and numerous peers as they prepare to release quarterly results. Investors are likely to monitor how Tyler Technologies' financial performance aligns with these projections as the reporting season unfolds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Tyler Technologies Inc (TYL, Financial) is $705.84 with a high estimate of $785.00 and a low estimate of $595.00. The average target implies an upside of 24.15% from the current price of $568.54. More detailed estimate data can be found on the Tyler Technologies Inc (TYL) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Tyler Technologies Inc's (TYL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Tyler Technologies Inc (TYL, Financial) in one year is $502.80, suggesting a downside of 11.56% from the current price of $568.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Tyler Technologies Inc (TYL) Summary page.
