Added to YB: 2026-09-08
Pitch date: 2026-09-05
TYL [bullish]
Tyler Technologies, Inc.
Author Info
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Company Info
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States.
Market Cap
$14.9B
Pitch Price
N/A
Price Target
450.00 (+24%)
Dividend
N/A
EV/EBITDA
30.83
P/E
47.94
EV/Sales
6.34
Sector
Software
Category
value
Into The Wreckage - A Basket of SaaS Winners - Tyler Technologies, Inc.
TYL (hold): Tyler Technologies remains portfolio ballast: 89.4% recurring revenue from structurally sticky local-government customers and a 26-28% guided 2026 free-cash-flow margin support durability, but high-single-digit growth and a normalizing multiple limit upside. At $319.45, enterprise value is about $13.6 billion, roughly 20x modeled 2026 FCF, with a $387 base case, $450 bull case and $214 bear case; tighter municipal budgets are the key risk.
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