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Tyler Technologies, Inc. (TYL)

Technology Out of favour

Tyler Technologies builds the essential software that keeps local governments, courts, and schools running smoothly across the United States.

$309.60

Is Tyler Technologies, Inc. a good stock for a UK beginner?

The honest version: Tyler Technologies builds the essential software that keeps local governments, courts, and schools running smoothly across the United States.

No rating · no target price · nothing for sale here
Price-45.7%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-44% past year
$309.60
Low $270.71High $621.34
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Tyler Technologies, Inc.
$543-46%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$12.68B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
861.23K
Day range: The lowest and highest price the shares traded at during the latest day.
$307.63 – $321.62
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$270.71 – $621.34
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
42.5
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.82
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.82
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -1% past week · ▼ -44% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Becoming the standard provider for the majority of US local government digital infrastructure.

The bear case

Long-term stagnation in public sector spending on technology upgrades.

What does Tyler Technologies, Inc. do?

Think of Tyler Technologies as the digital backbone for public services, providing the systems that handle everything from property taxes and court records to school administration. Selling software licences and charging ongoing fees for maintenance and cloud-based services is how the cash comes in. Winning over more local authorities to switch from old, paper-based systems to their modern digital platforms is what drives them forward.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and growth, and weakest on income.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 33Quality: How profitable and financially healthy the company is (higher = stronger). 53Growth: How fast revenue and earnings are growing (higher = faster). 47Momentum: How the share price has been trending recently (higher = stronger recent run). 19Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Provides essential services that are rarely cut from government budgets
  • High customer loyalty due to the difficulty of switching complex software
  • Steady, recurring revenue from long-term service contracts
What to watch
  • Momentum screens low (19/100)
  • Income screens low (16/100)
  • Heavy reliance on US government spending levels
  • Potential for cybersecurity threats targeting public data
  • High valuation multiples can make the share price sensitive to interest rate changes

What do Tyler Technologies, Inc.'s numbers mean?

P/E
42.8
This shows how much investors are currently paying for every pound of the company's profit, reflecting high expectations for future growth.
Forward P/E
21.2
This looks at the price relative to expected future earnings, suggesting that analysts anticipate profits will rise significantly in the coming year.
Gross margin
46.8%
This represents the percentage of revenue left over after the direct costs of creating their software, showing how efficiently they produce their core product.
Beta
0.8
A number below 1.0 suggests the share price tends to be less jumpy than the wider stock market during periods of volatility.

How much money does Tyler Technologies, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$161.27M$322.55M$483.82M$645.10MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
47.2%
Net margin
13.4%
Return on equity
9.7%

Does Tyler Technologies, Inc. pay a dividend?

No - Tyler Technologies, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

More in Technology

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What are the scenarios for Tyler Technologies, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$538$310$259today · $310▲ Bull · $333• Base · $310▼ Bear · $286in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Stronger-than-expected quarterly contract wins with local councils.
Base
-2% to +2%Steady, predictable demand for government software services.
Bear
-5% to -10%Delays in government budget approvals slowing down new sales.

What are the pros and cons of Tyler Technologies, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Provides essential services that are rarely cut from government budgets
  • High customer loyalty due to the difficulty of switching complex software
  • Steady, recurring revenue from long-term service contracts
The catch3
  • Sales cycles are notoriously slow due to government bureaucracy
  • No dividend payments for those looking for regular income
  • Growth has been relatively modest compared to other tech sectors
Key risks3
  • Heavy reliance on US government spending levels
  • Potential for cybersecurity threats targeting public data
  • High valuation multiples can make the share price sensitive to interest rate changes
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.