Tyler Technologies Management
Management criteria checks 4/4
Tyler Technologies' CEO is H. Moore, appointed in Jan 2017, has a tenure of 9.67 years. total yearly compensation is $8.86M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $33.88M. The average tenure of the management team and the board of directors is 4.5 years and 7.3 years respectively.
Key information
H. Moore
Chief executive officer
US$8.9m
Total compensation
| CEO salary percentage | 7.62% |
| CEO tenure | 9.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.5yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Narrative Update • Aug 14
TYL: Cloud Migration And AI Integration Will Drive Long Term Upside
Tyler Technologies’ analyst price target has been trimmed in line with a lower internal fair value estimate from about $540 to about $522, as analysts factor in softer margins, a slightly higher discount rate, and updated views on cloud migration timing following recent Q2 research updates. Analyst Commentary Recent Street research on Tyler Technologies points to a generally constructive tone, even as several firms trim price targets after Q2 updates and investor events.Seeking Alpha • Aug 03
Tyler Technologies: Not The Best Software Buy In Today's Market (Rating Downgrade)
Summary Tyler Technologies remains overvalued despite a ~30% YTD decline and underwhelming Q2 results. TYL's 8.2% revenue growth missed expectations, with decelerating topline and falling adjusted EBITDA margins. AI initiatives and record bookings have not translated into accelerating growth or profit expansion for TYL. I recommend a sell rating on TYL due to premium valuation, limited greenfield opportunity, and better alternatives in the software sector. Read the full article on Seeking Alpha
Narrative Update • Jul 31
TYL: SaaS Migration And AI Opportunities Will Support Future Multiple Reset
Analysts trimmed the consolidated price target for Tyler Technologies by approximately $9 to around $434, reflecting adjustments to valuation multiples and discount rates. The revised target still points to support from ongoing SaaS migration, recurring revenue goals, and long term cloud and AI opportunities.Narrative Update • Jul 16
TYL: Cloud Migration And AI Opportunity Will Drive Long Term Upside
Tyler Technologies' updated analyst price target has moved from $800.00 to about $540.21, as analysts reassess the stock using refreshed assumptions around cloud migration, recurring revenue, profit margins, and long term free cash flow potential. Analyst Commentary Recent commentary on Tyler Technologies highlights a mix of cautious recalibration and ongoing confidence in the company’s long term cloud and recurring revenue themes.
Narrative Update • Jul 02
TYL: Cloud Recurring Model And AI Adoption Will Shape Balanced Outlook
Tyler Technologies' updated analyst valuation trims the implied fair value from $510.00 to $335.00. This reflects a reset in price targets as analysts balance group multiple compression with views on the company’s cloud migration runway, recurring revenue potential, and long term free cash flow profile.Narrative Update • Jun 18
TYL: SaaS And AI Roadmap Will Drive Future Multiple Reset
Analysts have nudged their consolidated price target for Tyler Technologies slightly lower to reflect updated fair value assumptions near $443, a modestly higher discount rate, and small adjustments to long term growth and margin forecasts following recent research, including mixed target changes such as Cantor Fitzgerald's cut to $340 and Barclays' lift to $425. Analyst Commentary Recent research on Tyler Technologies highlights a mix of optimism around the company’s long term opportunity and some caution around valuation and sector multiples.Analysis Article • Jun 16
Tyler Technologies (TYL) Stock Could Be 89.9% Overvalued After Its Recent Slide
Recent Performance Puts Tyler Technologies Stock Under the Microscope Recent share performance has put Tyler Technologies (TYL) on many investors’ watchlists, with the stock down over the past month, past 3 months and year to date. This has prompted fresh questions about valuation and growth expectations. See our latest analysis for Tyler Technologies. At a share price of $298.27, Tyler Technologies has seen its 30 day share price return fall 4.37% and its year to date share price return fall...Narrative Update • Jun 03
TYL: Cloud Contracts And Buybacks Will Support Future Multiple Reset
Tyler Technologies' fair value estimate has been revised higher by about $6, with analysts citing updated assumptions around revenue growth, profitability, and a lower future P/E multiple in light of recent price target changes across the Street. Analyst Commentary Recent Street research on Tyler Technologies shows a mix of optimism and caution as analysts refresh their models and price targets.Analysis Article • May 07
Tyler Technologies (NYSE:TYL) Is Posting Promising Earnings But The Good News Doesn’t Stop There
The market seemed underwhelmed by last week's earnings announcement from Tyler Technologies, Inc. ( NYSE:TYL ) despite...Narrative Update • Apr 28
TYL: Government Cloud Contracts And Buybacks Will Support Future Multiple Reset
Tyler Technologies' updated analyst price target has been trimmed by about $5 to $439, as analysts factor in a slightly higher discount rate and only modest adjustments to long term revenue growth, profit margin, and future P/E assumptions, in line with a series of recent target cuts across the Street. Analyst Commentary Recent research shows a cluster of price target cuts on Tyler Technologies, alongside a smaller group of more constructive calls.
New Narrative • Apr 27
Tyler Technologies 04-2026
Tyler Technologies is the dominant software platform for U.S. state and local government — a market defined by mission-critical workflows, 12–24 month implementation cycles, and a procurement environment that structurally protects incumbents. The investment thesis is built on three compounding forces: (1) a largely complete SaaS cloud transition that is converting a high-gross-margin subscription base from flat to accelerating, with ARR already at $2.06B and growing 11% annually; (2) a payments platform (NIC) that turns Tyler’s 40,000+ client relationships into a recurring transaction revenue stream now generating $808M per year and growing at double digits; and (3) a Tyler 2030 strategic roadmap that articulates a credible path to 30%+ non-GAAP operating margins by the end of the decade.Narrative Update • Apr 11
TYL: Government Cloud Franchise And Buybacks Will Support Future Multiple Reset
Tyler Technologies' updated analyst price target has edged lower by about $50 to $671, as analysts factor in modest adjustments to the discount rate and future P/E assumptions, while remaining focused on the company's role in government software and the broader reset in Vertical Software valuations. Analyst Commentary Recent research shows a clear reset in expectations for Tyler Technologies, with multiple firms trimming price targets and a smaller group turning more constructive on the shares after the selloff.Narrative Update • Mar 25
TYL: Public Sector Cloud Shift And Buybacks Will Support Future Multiple Normalization
Tyler Technologies' consensus analyst price target has been cut sharply by up to several hundred dollars per share across multiple firms, with analysts citing recalibrated expectations on valuation, sector fundamentals, and the pace of government software spending. Analyst Commentary Recent research on Tyler Technologies reflects a wide spread of opinions, with multiple firms cutting price targets by between US$50 and US$350 per share, even as some continue to highlight long term strengths in public sector software and cloud adoption.Narrative Update • Mar 11
TYL: Public Sector Cloud Shift And Buybacks Will Support Future Multiple Recovery
Tyler Technologies' updated analyst price target has edged higher to about $443, with analysts citing relatively steady revenue growth and margin assumptions, along with a slightly higher discount rate and future P/E in their refreshed models. Analyst Commentary Recent Street research on Tyler Technologies reflects a mix of optimism about the business model and caution around valuation, with several firms revisiting their price targets and ratings.Narrative Update • Feb 25
TYL: Public Sector Cloud Shift And Buybacks Will Support 2026 Multiple Recovery
Analysts have reset their price targets on Tyler Technologies lower, with our fair value estimate moving from about $603 to $440 as they factor in slightly softer long term revenue growth, a modestly lower profit margin profile, and a reduced future P/E multiple. Analyst Commentary Street research on Tyler Technologies has turned more cautious on valuation, with a series of firms trimming price targets.Narrative Update • Feb 09
TYL: Public Sector Cloud Adoption Will Support 2026 Multiple Recovery
Analysts have modestly reduced their price targets for Tyler Technologies, trimming our fair value estimate by about $14 to $603 per share. They are balancing these lower target prices with ongoing confidence in the company’s margins, growth profile, and public sector software positioning.Narrative Update • Jan 26
TYL: Durable SaaS Recurring Revenue Will Support 2026 Multiple Rebound
Analysts have reduced our fair value estimate for Tyler Technologies by about $16 to approximately $618, reflecting slightly adjusted assumptions on discount rate, profit margin, and future P/E multiples following a series of reduced but still generally constructive Street price targets and new Buy initiations. Analyst Commentary Recent Street research around Tyler Technologies has centered on recalibrated price targets, with most firms maintaining broadly constructive views on the business while acknowledging mixed near term fundamentals and valuation questions.Narrative Update • Jan 12
TYL: Durable SaaS Recurring Revenue And 2026 Setup Will Drive Future Upside
Analysts have nudged their implied fair value for Tyler Technologies slightly lower, from about $648 to roughly $634, as modestly revised growth and discount rate assumptions are partly offset by a marginally higher profit margin outlook and slightly lower future P/E expectations, informed by a broad reset in price targets across recent research. Analyst Commentary Recent research shows a mix of optimism and caution around Tyler Technologies, with most firms recalibrating price targets while keeping a close eye on execution around software as a service mix, profitability, and valuation multiples into 2025 and 2026.Analysis Article • Dec 31
Investors Still Waiting For A Pull Back In Tyler Technologies, Inc. (NYSE:TYL)
With a price-to-earnings (or "P/E") ratio of 62.5x Tyler Technologies, Inc. ( NYSE:TYL ) may be sending very bearish...Narrative Update • Dec 15
TYL: Durable SaaS Recurring Revenue Will Drive Future Upside Despite Lowered Expectations
Analysts have modestly reduced their price targets for Tyler Technologies, with the blended fair value estimate easing by about $1.57 to approximately $648. This reflects slightly lower long term revenue growth assumptions and a more conservative terminal multiple, despite continued confidence in durable SaaS driven recurring revenue and profit expansion.Narrative Update • Nov 28
TYL: Durable SaaS Performance Will Drive Upside Despite Adjusted Revenue Outlook
Analysts have lowered their price targets for Tyler Technologies by substantial margins. They cite strong Q3 results, but note that a more conservative long-term revenue outlook and expectations for stabilized SaaS growth have driven the change.Narrative Update • Nov 14
TYL: Recurring Revenue Strength And Buyback Momentum Will Drive Long-Term Upside
Analysts have lowered their price targets for Tyler Technologies, with fair value estimates dipping from approximately $664 to $650. This change reflects more conservative revenue growth assumptions and slightly higher projected profit margins based on recent Q3 results.Narrative Update • Oct 31
TYL: Cloud Solutions Expansion Will Drive Continued Outperformance Into 2026
Tyler Technologies’ analyst price target was recently revised downward by analysts, decreasing from approximately $678.78 to $664.06. Analysts noted concerns around software-as-a-service growth and a lower terminal multiple, despite continued strong fundamentals and a recent guidance raise.Seeking Alpha • Apr 27
Tyler Technologies: Momentum Is Evaporating For This Expensive Stock
Summary Shares of Tyler Technologies slid after reporting weak Q1 earnings, which to me is the beginning of a deeper slide. Tyler Technologies' bookings momentum and revenue trends are decelerating, with Q1 showcasing a drying up of new software deals and ARR. Government efficiency measures are reducing demand for new software like Tyler's, impacting its growth prospects and bookings. Tyler trades at a rich valuation premium compared to peers like Salesforce and Adobe, suggesting substantial downside risk. Read the full article on Seeking AlphaSeeking Alpha • Feb 15
Tyler Technologies: Slowing Bookings Exposes Huge Valuation
Summary Tyler Technologies is an expensive, lower-quality tech company with shares up nearly 50% in the past year, despite fundamental weaknesses. The company's growth is slowing, limited by its narrow niche in government and education, and faces fierce competition from larger software vendors. Tyler's aggressive M&A strategy has led to significant debt, and its valuation multiples are disconnected from its modest growth rates. At a 59x P/E and 11.9x EV/FY25 revenue, Tyler's overvalued stock is at high risk if the market corrects; steer clear and invest elsewhere. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$325m |
| Mar 31 2026 | n/a | n/a | US$316m |
| Dec 31 2025 | US$9m | US$675k | US$316m |
| Sep 30 2025 | n/a | n/a | US$315m |
| Jun 30 2025 | n/a | n/a | US$307m |
| Mar 31 2025 | n/a | n/a | US$290m |
| Dec 31 2024 | US$9m | US$675k | US$263m |
| Sep 30 2024 | n/a | n/a | US$237m |
| Jun 30 2024 | n/a | n/a | US$208m |
| Mar 31 2024 | n/a | n/a | US$189m |
| Dec 31 2023 | US$9m | US$675k | US$166m |
| Sep 30 2023 | n/a | n/a | US$158m |
| Jun 30 2023 | n/a | n/a | US$164m |
| Mar 31 2023 | n/a | n/a | US$155m |
| Dec 31 2022 | US$6m | US$600k | US$164m |
| Sep 30 2022 | n/a | n/a | US$188m |
| Jun 30 2022 | n/a | n/a | US$179m |
| Mar 31 2022 | n/a | n/a | US$164m |
| Dec 31 2021 | US$6m | US$525k | US$161m |
| Sep 30 2021 | n/a | n/a | US$161m |
| Jun 30 2021 | n/a | n/a | US$156m |
| Mar 31 2021 | n/a | n/a | US$184m |
| Dec 31 2020 | US$5m | US$525k | US$195m |
| Sep 30 2020 | n/a | n/a | US$188m |
| Jun 30 2020 | n/a | n/a | US$189m |
| Mar 31 2020 | n/a | n/a | US$167m |
| Dec 31 2019 | US$4m | US$515k | US$147m |
Compensation vs Market: H.'s total compensation ($USD8.86M) is below average for companies of similar size in the US market ($USD14.74M).
Compensation vs Earnings: H.'s compensation has been consistent with company performance over the past year.
CEO
H. Moore (58 yo)
9.7yrs
Tenure
US$8,858,370
Compensation
Mr. H. Lynn Moore, Jr., has been a Director of Tyler Technologies, Inc. since May 10, 2017 and serves as its Chairman from May 5, 2026. He has been President of Tyler Technologies, Inc. since January 2017...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 9.7yrs | US$8.86m | 0.25% $ 33.9m | |
| Executive VP & CFO | 21.3yrs | US$4.36m | 0.095% $ 13.2m | |
| Chief Operating Officer | 5.6yrs | US$3.01m | 0.019% $ 2.6m | |
| Chief Administrative Officer & Corporate Secretary | 1.7yrs | US$1.85m | 0.012% $ 1.6m | |
| Chief Accounting Officer | 4.2yrs | no data | no data | |
| Chief Technology Officer | 1.5yrs | no data | no data | |
| Chief Information Officer | 4.9yrs | no data | no data | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 1.7yrs | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Chief Marketing Officer | 1.7yrs | no data | no data | |
| Chief Human Resources Officer | 8.4yrs | no data | no data |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Management: TYL's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 9.3yrs | US$8.86m | 0.25% $ 33.9m | |
| Independent Director | 2.3yrs | US$319.81k | 0.0024% $ 327.6k | |
| Independent Director | 12.3yrs | US$349.81k | 0.017% $ 2.4m | |
| Director | less than a year | no data | 0.0010% $ 143.7k | |
| Lead Independent Director | 12.3yrs | US$367.31k | 0.014% $ 1.9m | |
| Independent Director | 2.3yrs | US$321.06k | 0.018% $ 2.6m | |
| Independent Director | 10.3yrs | US$349.81k | 0.0081% $ 1.1m | |
| Independent Director | 5.3yrs | US$322.31k | 0.0073% $ 1.0m |
7.3yrs
Average Tenure
64yo
Average Age
Experienced Board: TYL's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/20 01:33 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tyler Technologies, Inc. is covered by 36 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Oliver | Baird |
| Saket Kalia | Barclays |
| "Saket Kalia | Barclays |