
Tyler Technologies (TYL) Stock Forecast & Price Target
Tyler Technologies (TYL) Analyst Ratings
Bulls say
Tyler Technologies is a software company that is well-diversified and has minimal exposure to federal government spending, as noted by Guggenheim Securities, LLC. With a projected increase in SaaS and overall revenue growth, Tyler is on track to reach $2B in SaaS revenues in 2030. However, the company must be cautious of potential risks associated with its reliance on government contracts and competition from other software companies in the government technology market.
Bears say
Tyler Technologies is facing potential challenges in its migration activity and SaaS growth, which may not meet expectations as a result of budget constraints, implementation difficulties, or customer hesitation. Additionally, potential churn and weaker-than-expected growth in new transactions could pose risks to the company's forecast. The SLED funding landscape could also prove more challenging than expected, as state and local government agencies may delay software purchases or seek lower-cost alternatives. While Tyler has a strong presence in the market and the potential for long-term relevance with its clients, the slower adoption of AI in the public sector could also impact its growth trajectory.
This aggregate rating is based on analysts' research of Tyler Technologies and is not a guaranteed prediction by Public.com or investment advice.
Tyler Technologies (TYL) Analyst Forecast & Price Prediction
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