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Tyler Technologies Inc. stock reached a 52-week low, touching 512.92 USD. While this milestone reflects a challenging period for the company, with the stock decreasing by 11.75% over the past year, InvestingPro data shows 14 analysts have revised their earnings upwards for the upcoming period, with price targets ranging from $585 to $800. The decline in share price suggests investor concerns or broader market trends impacting the company’s performance. Despite this downturn, Tyler Technologies continues to be a significant player in the software and technology sector, maintaining strong revenue growth of 10.7% and earning a "GOOD" financial health rating from InvestingPro. With a market capitalization of $22.2 billion and robust financial metrics, market watchers will be keen to see how the company navigates the current economic landscape. Access the comprehensive Pro Research Report, available exclusively on InvestingPro, for detailed analysis of TYL’s valuation and growth prospects.
In other recent news, Tyler Technologies reported a strong performance for the second quarter of 2025, with revenue reaching $596.1 million, a 10% increase from the previous year, and surpassing the consensus estimate of $589.4 million. The company’s non-GAAP earnings per share came in at $2.91, exceeding analyst expectations of $2.77. This earnings beat prompted DA Davidson to raise its price target for Tyler Technologies to $585, while maintaining a Neutral rating. JMP Securities reiterated its Market Outperform rating with a $700 price target, highlighting the company’s robust financial results.
Additionally, Barclays increased its price target for Tyler Technologies to $715, citing growth in Software as a Service (SaaS) bookings as a contributing factor. In other developments, the Oklahoma Department of Labor selected Tyler Technologies to modernize its regulatory system with a cloud-based solution. The department will use Tyler’s State Regulatory Platform Suite, powered by Amazon Web Services, to upgrade its licensing and enforcement processes. These recent developments reflect Tyler Technologies’ continued growth and expansion in various sectors.
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