Tyler Technologies stock is outperforming the Dow Jones Industrials Average.
From Yahoo Finance: 2025-06-19 12:48:00
Tyler Technologies, Inc., a government tech leader based in Texas, aims to modernize public sector operations with software in over 13,000 locations. Valued at $24.5 billion, it streamlines data, boosts efficiency, and reshapes government operations. However, shares are down 14% from their 52-week high.
Despite recent dips, Tyler Technologies’ stock has risen 20.3% over the past year, outperforming the Dow Jones Industrials Average. The company has faced technical challenges, with the stock dipping below moving averages but showing signs of a potential comeback.
Tyler Technologies’ pivot to cloud-based solutions and AI integration has fueled its growth. Strong fundamentals and solid Q1 fiscal 2025 results, with $2.78 in adjusted EPS and $565.2 million in revenue, have bolstered the stock. Analyst downgrades led to a 6% overnight drop despite beating estimates.
While rival Cadence Design Systems has seen short-term gains, Tyler Technologies’ year-long rally surpasses it. Wall Street analysts are cautiously optimistic, with a consensus “Moderate Buy” rating and a mean price target of $670.35 suggesting potential growth of 17.9%.
Read more at Yahoo Finance: Is Tyler Technologies Stock Outperforming the Dow?