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On July 24, 2026, Tyler Technologies Inc (TYL) shares rose 3.1% to a current price of $297.15. The stock is trading within a 52-week range of $270.71 to $621.34

The market expects Tyler Technologies (TYL - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis information management software provider is expected to post quarterly earnings of $3.09 per share in its upcoming report, which represents a year-over-year change of +6.2%.

Revenues are expected to be $646.95 million, up 8.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.47% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Tyler Technologies?For Tyler Technologies, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.71%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination makes it difficult to conclusively predict that Tyler Technologies will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Tyler Technologies would post earnings of $3.01 per share when it actually produced earnings of $3.09, delivering a surprise of +2.66%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Tyler Technologies doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

On July 21, 2026, Tyler Technologies Inc TYL shares fell 5.7%, bringing the current price to $299.74. The stock has experienced significant volatility over the past year, trading as high as $621.34 and as low as $270.71. Year-to-date, TYL has declined by 34.0% and is down 46.5% over the last year.

GF Value™ verdict: Current price of $299.74 vs GF Value™ of $554.18 indicates a 45.9% upside potential.GF Score™ of 81/100 suggests a strong overall financial position.Notable signal: Financial Strength rank of 9/10 indicates robust financial stability. Is TYL Overvalued or Undervalued? Based on the current price of $299.74 and the GF Value™ estimate of $554.18, Tyler Technologies Inc is considered significantly undervalued. This presents a potential opportunity for value investors, as the stock is trading at a substantial discount of 45.9% below its calculated intrinsic value. The margin of safety indicated by this valuation allows for a buffer against unforeseen market fluctuations or company-specific risks.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the stock's current undervaluation, investors may find it appealing, but it's essential to consider the broader market conditions and the company's ability to sustain its growth trajectory moving forward.

How Does TYL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 41.4x 98.0x Forward P/E 23.2x N/A Currently, TYL's P/E (TTM) of 41.4x is significantly below its 5-year median P/E of 98.0x, indicating that the stock is trading at a lower valuation compared to its historical averages. In conjunction with the forward P/E of 23.2x, this analysis supports the GF Value™ verdict that TYL is undervalued, suggesting that the market may not be fully recognizing the company’s potential for growth.

What Does TYL's GF Score™ Tell Us? Metric Rating GF Score™ 81 Financial Strength 9/10 Profitability 9/10 Growth 10/10 Valuation 4/10 Momentum 1/10 The GF Score™ of 81/100 indicates a strong overall rating for Tyler Technologies, with particularly high marks in Financial Strength (9/10), Profitability (9/10), and Growth (10/10), showcasing the company's solid fundamentals and growth potential. However, the low Momentum rank of 1/10 indicates that the stock has struggled with price performance in the short term, which could be a concern for certain investors looking for immediate returns.

What Are Insiders Doing with TYL Stock? In the last three months, there have been no insider transactions reported for Tyler Technologies Inc. This lack of activity could suggest that insiders are not currently making significant moves, which may reflect their confidence in the company's long-term strategy or a wait-and-see approach as market conditions evolve.

What This Means for Investors Based on GF Value™, Tyler Technologies Inc is currently undervalued. With a significant margin of safety and strong financial fundamentals, TYL presents an intriguing opportunity for long-term investors, provided they are comfortable with the current market volatility.

For the complete analysis, visit the Tyler Technologies Inc TYL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is TYL's GF Score™?

The GF Score™ for Tyler Technologies Inc is 81/100, indicating a strong overall rating based on financial strength, profitability, growth, valuation, and momentum.

Is TYL overvalued or undervalued?

Tyler Technologies Inc is currently undervalued according to GF Value™, which estimates its fair value at $554.18 compared to the current price of $299.74.

What is TYL's P/E ratio?

The P/E ratio (TTM) for Tyler Technologies Inc is 41.4x, which is significantly below its 5-year median P/E of 98.0x, suggesting the stock is trading at a lower valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies will participate in six investor conferences in August and September 2026.

HomeStock IdeasLong IdeasTech 

SummaryTyler Technologies is rated Buy, offering a highly resilient government software platform with 98% gross retention and minimal AI disruption risk.TYL's cloud migration and cross-selling are clear catalysts, expected to drive recurring revenue and margin expansion through 2029, with upside even under moderate execution.DCF-based fair value is $466/share (55% upside), with TYL trading at a decade-low 18.1x forward EV/FCF, well below its historical median.Execution on cloud transition, government budget constraints, and competition are key risks, but current valuation does not require perfect execution for attractive returns. Supatman/iStock via Getty Images

Introduction The SaaS-pocalypse has come roaring back with Starbucks’ recent announcement that it is using AI to build internal software solutions to replace costly Microsoft and IBM systems. While it remains unclear how successful this effort

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TYL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Tyler Technologies (TYL - Free Report) Tyler Technologies is a leading provider of integrated information-management solutions and services for the public sector.

TYL is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. TYL has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.4% for the current fiscal year.

Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.19 to $12.82 per share. TYL also boasts an average earnings surprise of +2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TYL should be on investors' short list.

Promotion reflects the Company's continued investment in product leadership

ORLANDO, FL / ACCESS Newswire / July 13, 2026 / Unusual Machines, Inc. (NYSE American:UMAC), a leading manufacturer of NDAA-compliant drone components, today announced the promotion of Tyler Crane to Vice President of Product.

In his new role, Crane will lead product strategy across the Company's growing lineup of drone components, working closely with engineering, manufacturing, commercial teams, and customers to develop high-performance products that meet evolving customer requirements across our markets.

Crane has played a central role in shaping the Company's product roadmap and expanding its portfolio, helping bring the Aura camera line, Aura VTX, Brave F7 flight controller, Brave 55A electronic speed controller, motors, and other critical drone components to market. His experience leading products from concept through commercialization, while working directly alongside customers, pilots, engineers, and manufacturing teams, gives him a rare operational perspective that keeps customer requirements at the center of every product decision.

"Tyler has earned the trust of our customers and our team through years of hands-on experience across nearly every part of our business. He has a unique ability to translate customer feedback into products that deliver the performance our customers depend on. His leadership will help strengthen that connection as we continue to grow," said Drew Camden, President and Chief Operating Officer of Unusual Machines.

"The best product decisions start by understanding the customer's mission. My focus is on building the right products, solving real problems, and earning our customers' trust by listening first. I'm excited to help lead an exceptional team as we continue expanding our product portfolio and supporting our customers' success," said Tyler Crane.

As Unusual Machines continues to scale its domestic manufacturing operations and expand its portfolio of NDAA-compliant and Blue UAS Framework components, the Company is strengthening its product organization to strive to ensure that customer insights remain central to everything it brings to market.

About Unusual Machines, Inc.
Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit unusualmachines.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company's expectation to continue to scale its domestic manufacturing operations and expand its portfolio of NDAA-compliant and Blue UAS Framework components and strive to ensure its customers' insights. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: our reliance on third parties to deliver parts needed to manufacture our drone components; risks related to inventory management and potential obsolescence; uncertainty regarding government procurement programs and timelines; risks associated with our rapid expansion, the meeting of closing conditions and the various risk factors relating to manufacturing and other risks described within the section entitled "Risk Factors" in the Company's 2025 Annual Report on Form 10-K and in our Prospectus filed with the Securities and Exchange Commission on March 20, 2026. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law.

Investor Contact:
[email protected]

Media Contact:
[email protected]

SOURCE: Unusual Machines, Inc.

For years, software specialist Tyler Technologies (TYL +5.28%) enjoyed a reputation as a company that was difficult to displace due to its niche public-sector focus. That changed last year, when investors fled from software names broadly in fear of the disruption the rise of artificial intelligence (AI) would have on their business models.

The once-resilient stock has now fallen by 51% from the high it touched in February 2025. That sell-off was understandable given the uncertainty software companies face. In Tyler's case, the market is worried that large language models will allow government agencies to build custom tools that can do what its products do, or adopt cheaper alternatives. This would erode Tyler's entrenched position and permanently alter its growth trajectory.

Despite the concerns, management recently raised its 2030 revenue target, and said it now expects to surpass $1 billion in free cash flow by the end of the decade. Given that its market cap is just $12 billion, and considering that the public sector is typically slow to adopt new technology, Tyler may be one software stock worth adding to your portfolio.

Image source: Getty Images.

Who needs agentic loops when you can do cloud "flips"? The optimism from leadership stems from Tyler's cloud "flip" initiative, which is shifting its government client from using software hosted on on-premises hardware to software-as-a-service (SaaS) subscriptions hosted in the cloud, turning lower-margin maintenance revenue into higher-margin recurring revenue.

On average, every on-premises client that migrates to the cloud generates 1.7 times more revenue for Tyler while adding to its multiyear contracted revenue stream. With an installed base of over 16,000 clients and a target to convert 85% of them by 2030, the runway is significant.

Management projects that its peak flip volumes will occur from 2027 through 2029. This shift should improve margins by reducing maintenance work on its legacy on-premises products and increasing cross-selling opportunities.

The company's average client currently uses about three of its products, a figure it aims to increase to 10 to 12 by selling additional modules like payments, fire prevention, and document automation.

Some risks are worth taking During its June investor day presentation, the software provider raised its 2030 targets to $3.35 billion in annualized recurring revenue (ARR) and $1.15 billion in free cash flow. To hit those targets would require ARR to grow at an average annual rate of around 10%.

The caution around the stock comes not only from the likelihood of a more competitive market but also from where its next leg of growth will come from once the majority of cloud flips are complete. Management points to its ability to cross-sell, but predicting customer demand for software that far into the future is more of a side note than an investing thesis.

While the company is not immune to the impacts of technology shifts, its customers are unlikely to abandon their court systems or property tax software for AI-driven alternatives anytime soon. Government procurement cycles are notoriously slow, which will give the company time to execute on its cloud strategy and adapt to the changing landscape.

Today's Change

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The stock is trading at roughly 25 times expected forward earnings, down from a five-year average in the mid-40s, and 21 times trailing free cash flow. As such, the expectations baked into the stock are far lower than they've been in the past. While the market is unlikely to bid up its shares in the near term, Tyler is priced at a level where patient investors can comfortably begin building a position.

AI-powered solution provides residents with 24/7 multilingual access to trusted state government information

PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) successfully launched its Resident AI Assistant in South Carolina to improve the speed at which residents can access information. The assistant, named “Bradley,” acts as a centralized, conversational gateway to South Carolina’s government services, delivering answers sourced directly from verified .gov websites across state agencies.

“South Carolina supports more than five million residents across dozens of state agencies, each with its own programs and websites,” said Nathan Hogue, state chief information officer for the South Carolina Department of Administration. “Bradley gives residents a single, trusted starting point for government information. Whether they need DMV guidance, court resources, or tax assistance, Bradley helps them find accurate answers in seconds, allowing our staff to focus on more complex service needs.”

Home to more than five million residents across 46 counties, South Carolina continues to invest in digital government services. The statewide launch of Bradley reflects the state’s commitment to expanding access to government resources through secure, purpose-built technology designed for the public sector.

Since launching in September 2025, Bradley has demonstrated a strong impact, including:

More than 38,000 questions answered from over 10,800 unique users An average of 195 questions resolved per day, peaking at 426 in a single day An 82.2% first-contact resolution rate, with most inquiries answered in one exchange 24/7 availability, with 15% of interactions occurring on weekends and significant after-hours usage Support for 54 languages, with approximately 6% of interactions in non-English languages By retrieving information exclusively from verified South Carolina government websites,

Bradley provides residents with real-time, trusted responses. The solution also delivers actionable analytics that give the state visibility to resident needs, such as vehicle services, legal and court information, and tax information. These insights help the state make data-driven improvements to content, processes, and service delivery.

“Tyler’s Resident AI Assistant is designed specifically for government, with safeguards, transparency, and analytics that go well beyond a traditional chatbot,” said Liz Thomas, president of Tyler’s State & Federal Group. “By centralizing resident access, South Carolina is delivering a more responsive, efficient, and accessible government experience.”

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With more than 50,000 installations across 16,000 client locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

#TYL_General

Tyler Technologies (TYL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Tyler Herriage suggests going long on stocks after the U.S. and Iran announced plans to sign a memorandum of understanding this week. He expects 10-year yields to fall below 4% on expectations that inflation will move "much lower" and sees an interest rate cut from the Fed before the end of the year.

PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) today announced the pricing of its offering of $1,250,000,000 aggregate principal amount of 0.50% convertible senior notes due 2031 (the “Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $1,000,000,000 aggregate principal amount of Notes. The issuance and sale of the Notes are scheduled to settle on May 14, 2026, subject to customary closing conditions. Tyler also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $187,500,000 aggregate principal amount of Notes.

The Notes will be senior, unsecured obligations of Tyler and will accrue interest at a rate of 0.50% per annum, in each case payable semi-annually in arrears on July 15 and January 15 of each year, beginning on January 15, 2027. The Notes will mature on July 15, 2031 unless earlier repurchased, redeemed or converted. Before April 15, 2031, holders of the Notes will have the right to convert their Notes only upon the occurrence of certain events. From and including April 15, 2031, holders of the Notes may convert their Notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. Tyler will settle conversions of the Notes either entirely in cash or in a combination of cash and shares of its common stock, at Tyler’s election. However, upon conversion of any Notes, the conversion value, which will be determined proportionately over a period of multiple trading days, will be paid in cash up to the principal amount of the Notes being converted. The initial conversion rate of the Notes is 2.4634 shares of common stock per $1,000 principal amount of Notes (which represents an initial conversion price of approximately $405.94 per share of common stock). The initial conversion price represents a premium of approximately 30.0% over the last reported sale price of Tyler’s common stock on the New York Stock Exchange of $312.27 per share on May 11, 2026. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

The Notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Tyler’s option at any time, and from time to time, on or after July 20, 2029, and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Tyler’s common stock exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. Holders of the Notes will have the right to require Tyler to repurchase their Notes upon the occurrence of a fundamental change (as defined in the indentures governing the Notes) at a cash repurchase price equal to the principal amount of the Notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the fundamental change repurchase date.

Tyler estimates that the net proceeds from the offering will be approximately $1,224.3 million (or approximately $1,408.1 million if the initial purchasers fully exercise their option to purchase additional Notes), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses. Tyler intends to use approximately $162.8 million of the net proceeds to fund the cost of entering into the capped call transactions described below. Tyler expects to use approximately $320.7 million of the net proceeds to repurchase 1,026,900 shares of its common stock concurrently with the offering in privately negotiated transactions effected through one of the initial purchasers of the Notes or its affiliate, as Tyler’s agent, under Tyler’s share repurchase program. Tyler intends to use the remainder of the net proceeds for general corporate purposes. If the initial purchasers exercise their option to purchase additional Notes, then Tyler intends to use a portion of the additional net proceeds to fund the cost of entering into additional capped call transactions as described below. The concurrent repurchases of shares of Tyler’s common stock described above may result in Tyler’s common stock trading at prices that are higher than would be the case in the absence of these repurchases and may have affected the initial terms of the Notes, including the initial conversion price.

In connection with the pricing of the Notes, Tyler entered into privately negotiated capped call transactions with one or more of the initial purchasers or their affiliates or one or more other financial institutions (the “Option Counterparties”). The capped call transactions will cover, subject to anti-dilution adjustments substantially similar to those applicable to the Notes, the number of shares of Tyler’s common stock underlying the Notes. If the initial purchasers exercise their option to purchase additional Notes, then Tyler expects to enter into additional capped call transactions with the Option Counterparties.

The cap price of the capped call transactions will initially be approximately $655.77 per share, which represents a premium of approximately 110% over the last reported sale price of $312.27 per share of Tyler’s common stock on May 11, 2026, and is subject to certain adjustments under the terms of the capped call transactions.

The capped call transactions are expected generally to reduce the potential dilution to Tyler’s common stock upon any conversion of the Notes and/or offset any potential cash payments Tyler is required to make in excess of the principal amount of converted Notes, as the case may be, upon conversion of the Notes. If, however, the market price per share of Tyler’s common stock, as measured under the terms of the capped call transactions, exceeds the cap price of the capped call transactions, there would nevertheless be dilution and/or there would not be an offset of such potential cash payments, in each case, to the extent that such market price exceeds the cap price of the capped call transactions.

In connection with establishing their initial hedges of the capped call transactions, the Option Counterparties or their respective affiliates expect to enter into various derivative transactions with respect to Tyler’s common stock and/or purchase shares of Tyler’s common stock concurrently with or shortly after the pricing of the Notes. This activity could increase (or reduce the size of any decrease in) the market price of Tyler’s common stock or the Notes at that time.

In addition, the Option Counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Tyler’s common stock and/or purchasing or selling Tyler’s common stock or other securities of Tyler in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so (x) following any conversion of the Notes, any repurchase of the Notes by Tyler on any fundamental change repurchase date or any redemption date, (y) following any other repurchase of the Notes if Tyler elects to unwind a corresponding portion of the capped call transactions in connection with such repurchase and (z) if Tyler otherwise elects to unwind all or a portion of the capped call transactions). This activity could also cause or avoid an increase or decrease in the market price of Tyler’s common stock or the Notes, which could affect the ability to convert the Notes, and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the number of shares and value of the consideration that holders of the Notes will receive upon conversion of the Notes.

As described above, Tyler intends to use a portion of the net proceeds of the offering to repurchase shares of its common stock concurrently with the pricing of the offering in privately negotiated transactions. These repurchases, and any other repurchases of shares of Tyler’s common stock, may increase, or reduce the size of a decrease in, the trading price of Tyler’s common stock, and repurchases executed concurrently with the pricing of the offering may have affected the initial terms of the Notes, including the initial conversion price.

The offer and sale of the Notes and any shares of common stock issuable upon conversion of the Notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the Notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any shares of common stock issuable upon conversion of the Notes, nor will there be any offer, solicitation or sale of the Notes or any such shares, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With nearly 47,000 successful installations across 15,000 locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list.

Forward-Looking Statements

This press release includes forward-looking statements, including statements regarding the completion of the offering and the expected amount and intended use of the net proceeds and the effects of entering into the capped call transactions described above. Forward-looking statements represent Tyler’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those indicated in, or implied by, the forward-looking statements. Among those risks and uncertainties are market conditions, the satisfaction of the closing conditions related to the offering and risks relating to Tyler’s business, including those described in periodic reports that Tyler files from time to time with the Securities and Exchange Commission. Tyler may not consummate the offering described in this press release and, if the offering is consummated, cannot provide any assurances regarding its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and Tyler does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.

#TYL_Financial

On May 13, 2026, Tyler Technologies Inc TYL shares fell 4.6%, closing at $309.65. The stock has experienced significant volatility, with a 52-week range between $283.72 and $621.34.

GF Value™ verdict: Currently priced at $309.65, TYL is estimated to be 42.9% undervalued compared to a GF Value™ of $542.46. GF Score™ of 83/100 indicates a strong overall rating based on various performance metrics. Notable signal: Financial Strength rating of 9/10 suggests a robust balance sheet. Is TYL Overvalued or Undervalued? Based on the current market price of $309.65 and the GF Value™ estimate of $542.46, Tyler Technologies appears significantly undervalued. The 42.9% margin of safety suggests that the stock has the potential for substantial appreciation if it converges towards its intrinsic value. The GF Valuation label indicates that TYL is significantly undervalued, presenting a potential opportunity for investors who believe in the company’s long-term growth prospects.

However, it is essential to approach this valuation with caution. While the current price suggests an attractive entry point, the recent price declines, including a 31.8% drop year-to-date and a 45.2% decline over the past year, may signal underlying issues that need to be addressed. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does TYL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 42.8x 99.5x Forward P/E 24.5x N/A The current P/E (TTM) of 42.8x is significantly below its 5-year median P/E of 99.5x, indicating that the stock is trading at a lower valuation compared to its historical levels. This P/E analysis agrees with the GF Value™ verdict, reinforcing the notion that TYL is undervalued relative to its historical performance.

What Does TYL's GF Score™ Tell Us? Metric Rating GF Score™ 83/100 Financial Strength 9/10 Profitability 9/10 Growth 10/10 Valuation 4/10 Momentum 1/10 The GF Score™ of 83/100 highlights Tyler Technologies' strengths in Financial Strength, Profitability, and Growth, all rated highly at 9/10 or 10/10. However, the low Valuation rank of 4/10 and Momentum rank of 1/10 indicates potential weaknesses in market perception and price action. This mixed score suggests that while the company has solid fundamentals, its current market momentum may be a concern for short-term investors.

What Are Insiders Doing with TYL Stock? In the past three months, insider activity has shown a net sell of $2.7 million against purchases of $0.7 million. This pattern of selling may suggest that insiders are taking profits or positioning themselves for potential volatility ahead. While insider selling isn't necessarily a negative indicator, it often warrants further investigation into the underlying rationale.

What This Means for Investors Considering the GF Value™ assessment and the current market dynamics, Tyler Technologies Inc appears to be undervalued. However, caution is advised due to the recent price performance and insider selling activity, which may indicate potential risks ahead.

For the complete analysis, visit the Tyler Technologies Inc TYL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is TYL's GF Score™?

TYL's GF Score™ is 83/100, indicating a strong overall rating based on various performance metrics, suggesting higher long-term return potential.

Is TYL overvalued or undervalued?

According to GF Value™, TYL is currently undervalued, with a significant margin of safety of 42.9% compared to its estimated fair value.

What is TYL's P/E ratio?

The P/E (TTM) ratio for TYL is 42.8x, which is significantly below its 5-year median P/E of 99.5x, reinforcing the undervalued status of the stock.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Tasmania Parks and Wildlife Service will implement a single, modern system for reservations

PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with the Tasmania Parks and Wildlife Service (PWS) in Australia for Tyler’s Recreation Management solution to help the park system provide an easier booking experience for their more than 1 million annual park visitors.

“Modern, unified technology is essential to delivering the kind of seamless experiences today’s park visitors expect,” said Senior Vice President of Tyler’s Outdoor Recreation Sascha Ohler. “By bringing Tasmania’s parks operations into a single, modern platform, we’re helping deliver a reliable experience for visitors while equipping staff with the tools they need to serve them efficiently.”

The park system will be able to consolidate more than a dozen disparate systems and move them under Tyler’s Recreation Management solution to streamline operations for point of sale, camping, and activity bookings. It will also eliminate several manual processes, enabling the agency to better service visitors. Recreation Management will deliver a modern, mobile-friendly system for booking and managing parks and wildlife service products.

“The new platform will ultimately deliver a single contemporary, mobile friendly, system for booking and managing PWS products. It will replace more than a dozen existing IT systems and manual processes and enable innovative capabilities to better service visitors,” said Acting Minister for Tasmania Parks and Wildlife Service Madeleine Ogilvie. “This is a great outcome for the project, and I look forward to seeing the new system take shape.”

Tyler is the leading outdoor recreation software provider for island states and nations. With the addition of Tasmania, Tyler serves three territories in the Asia Pacific region. Tasmania is an island state of Australia located approximately 150 miles south of the Australian mainland. It has a population of roughly 576,000.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With nearly 47,000 successful installations across 15,000 locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

#TYL_Financial

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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Tyler Technologies (TYL - Free Report) Tyler Technologies is a leading provider of integrated information-management solutions and services for the public sector.

TYL is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. TYL has a Growth Style Score of A, forecasting year-over-year earnings growth of 11.5% for the current fiscal year.

Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.09 to $12.61 per share. TYL also boasts an average earnings surprise of +2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TYL should be on investors' short list.

Alaska's Largest City Selects Tyler Technologies to Modernize Resident Payment Experience Tyler Technologies, Inc (NYSE: TYL) today announced the Municipality of Anchorage, Alaska, has selected Tyler’s enterprise Payments platform to streamline and manage the entire payments life cycle, from billing to presentment, revenue collection, fund settlement, financial reconciliation, and reporting.

The cloud-based platform will enable Anchorage to centralize revenue collection operations, improve financial visibility, and deliver a modern, user-friendly payment experience for residents and businesses.

“We are committed to enhancing the way residents interact with our services while improving efficiency across the municipality,” said Lance Wilbur, chief fiscal officer, Municipality of Anchorage. “Expanding our relationship with Tyler to include enterprise Payments allows us to offer a more convenient, accessible, and seamless payment experience for our community.”

With Tyler’s Payments solution, Anchorage will provide residents with flexible, secure payment options, self-service capabilities, and real-time account updates, while equipping staff with tools to increase accuracy, transparency, and operational efficiency.

Key benefits of the solution include:

Multiple convenient payment channels, including online, mobile, and in-person Real-time payment processing and resident account updates Enhanced security and compliance through a trusted, scalable platform Streamlined financial reconciliation and comprehensive reporting capabilities Anchorage currently uses Tyler’s Enterprise Assessment & Tax, Property Access, and SmartFile solutions. Officially incorporated in 1920, the Municipality of Anchorage is Alaska’s largest city and home to nearly 40% of the state’s population. The municipality remains focused on modernizing operations and delivering high-quality services to its diverse community.

“After successfully using Tyler’s products for more than eight years, expanding Anchorage’s use of Tyler solutions enhances how residents interact with government,” said Ryan O’Connor, chief transactions officer. “By implementing enterprise Payments, Anchorage will gain greater control and visibility over its revenue processes while delivering a modern, frictionless payment experience for its residents.”

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With nearly 47,000 successful installations across 15,000 locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

#TYL_Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20260526738457/en/

A month has gone by since the last earnings report for Tyler Technologies (TYL - Free Report) . Shares have lost about 10.3% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Tyler Technologies due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Tyler Technologies, Inc. before we dive into how investors and analysts have reacted as of late.

Tyler Technologies Q1 Earnings Beat Estimates, Revenues Rise Y/YTyler Technologies delivered a solid first quarter of 2026, with non-GAAP earnings of $3.09 per share, which rose 11.2% year over year and beat the Zacks Consensus Estimate by 2.7%.

Tyler Technologies’ revenues increased 8.6% year over year to $613.5 million, topping the consensus mark by 0.64%.

The quarter’s performance was supported by accelerating bookings and continued momentum in cloud and AI-enabled offerings. Annualized recurring revenue (ARR) was $2.15 billion, up 10.4%, underscoring the durability of Tyler Technologies’ subscription-led model.

TYL’s Recurring Base Deepens in Q1Recurring revenues increased 10.4% year over year to $538.6 million and represented 87.8% of total revenues, up from 86.3% in the year-ago quarter. Subscription revenues rose 14.6% to $429.8 million, keeping the revenue base tilted toward more predictable streams.

Management said quarterly recurring and total revenues reached new record highs, reflecting strong execution across strategic priorities and improving operating leverage from a cloud-optimized platform.

Tyler Technologies' SaaS Engine Stays Hot as Deals ExpandSaaS revenues grew 23.5% year over year to $222.4 million, extending the company’s streak of 20% or greater SaaS growth to 21 consecutive quarters. Transaction revenues increased 6.4% to $207.4 million, with Tyler Technologies noting that revenues under the Texas payments contract ended in the fourth quarter of 2025.

Excluding the impact of the Texas payments contract, transaction revenues grew 13.8%, subscription revenues rose 18.6% and total revenues increased 11.0%, pointing to healthier underlying demand and volume trends in the transactions portfolio.

Total bookings rose 10.1% year over year to $543 million, a record for first-quarter bookings. Total SaaS bookings jumped 40.4% to approximately $207 million in total contract value, reflecting strength across new deals, expansions, renewals and on-premises flips.

TYL Lifts Profitability on Mix and Cloud EfficiencyNon-GAAP operating income increased 10% year over year to $166.6 million, while non-GAAP operating margin expanded 40 basis points to 27.2%. Tyler Technologies attributed the margin improvement to a shift toward higher-margin SaaS and transaction revenues, alongside efficiency gains across cloud operations and disciplined expense management.

Adjusted EBITDA rose 9.3% to $177.3 million, reflecting the same mix and efficiency tailwinds that management emphasized in prepared remarks.

TYL Converts Growth to Cash at a Faster ClipCash flows from operations climbed 91% year over year to $107.3 million. Free cash flow more than doubled to $102.8 million, up 112.9%, and free cash flow margin expanded to 16.8% from 8.5% in the year-ago quarter.

TYL Highlights Capital Returns and a Clean Balance SheetTyler Technologies repaid $600 million of convertible debt at maturity in March and ended the quarter with cash and investments of approximately $398 million and no debt on the balance sheet.

The company repurchased 799,856 shares for about $250 million during the quarter and bought an additional 298,144 shares for roughly $97 million from the end of the first quarter through April 29. Year to date, TYL said that it has repurchased about 2.5% of shares outstanding, with roughly $653 million remaining under its current authorization.

TYL Updates 2026 Outlook After for the Record DealFor full-year 2026, Tyler Technologies guided total revenues to be between $2.535 billion and $2.575 billion.

TYL’s non-GAAP earnings per share are projected to be between $12.50 and $12.75.

The company also projected a free cash flow margin of 26-28%, with R&D expense of $245-$250 million and capital expenditures of $18-$20 million.

The updated outlook includes the acquisition of For The Record, which closed on April 14 for approximately $223 million in cash. Management said the deal adds legal-grade speech-to-text and real-time, multilingual transcription capabilities to Tyler Technologies’ Courts & Justice portfolio and is expected to shift toward more recurring revenues as its SaaS transition progresses.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.

VGM ScoresCurrently, Tyler Technologies has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a score of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Interestingly, Tyler Technologies has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerTyler Technologies belongs to the Zacks Internet - Software and Services industry. Another stock from the same industry, VeriSign (VRSN - Free Report) , has gained 10.2% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.

VeriSign reported revenues of $428.9 million in the last reported quarter, representing a year-over-year change of +6.6%. EPS of $2.34 for the same period compares with $2.10 a year ago.

VeriSign is expected to post earnings of $2.37 per share for the current quarter, representing a year-over-year change of +7.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for VeriSign. Also, the stock has a VGM Score of B.

PLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) announced two notable additions to its corporate executive leadership structure with the introduction of a chief artificial intelligence officer and chief transactions officer. The new roles support the evolving needs of Tyler’s public sector clients and allow Tyler to sharpen its focus on both AI and transactions.

“The newly created roles of chief artificial intelligence officer and chief transactions officer underscore our commitment to advancing two key growth areas for Tyler – AI and payments,” said Lynn Moore, Tyler’s president and CEO. “I am confident that these leaders will help our teams focus on continuous innovation and collaboration to best serve Tyler’s clients and team members.”

Franklin Williams has been elevated to the newly created role of Chief Artificial Intelligence Officer (CAIO). Since joining Tyler in 2018 as part of Tyler’s acquisition of Socrata, Williams has served as division president and, most recently, as Deputy Chief Technology Officer. In this expanded role, he will lead a newly formed AI organization dedicated to helping Tyler and our clients realize the full value of AI. This includes how Tyler continues to bring AI capabilities into its products, operations, and internal workflows in a thoughtful, responsible way. The team will continue to establish shared AI platforms and standards, support go-to-market efforts across business units and help the company adopt AI where it can create real value for clients and team members.

In addition to the new role of CAIO, Tyler has also promoted Ryan O’Connor from Senior Vice President of payment strategy and operations to Chief Transactions Officer. Since joining Tyler in 2025, O’Connor has brought deep expertise and steady leadership to one of the most complex and fast-growing areas of Tyler’s business. O’Connor brings more than 30 years of experience in the payments and SaaS markets, with executive leadership roles at some of the top payment processors, banks, and fintech companies in the U.S. In this elevated role, he will continue to advise the executive leadership team on transactions growth and oversee Tyler’s vendor partnerships while leading the company’s payments and holistic transactions strategy.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With nearly 47,000 successful installations across 15,000 locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

#TYL_General

Investors looking for stocks in the Internet - Software and Services sector might want to consider either NetEase (NTES - Free Report) or Tyler Technologies (TYL - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Currently, NetEase has a Zacks Rank of #1 (Strong Buy), while Tyler Technologies has a Zacks Rank of #3 (Hold). This means that NTES's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. However, value investors will care about much more than just this.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

NTES currently has a forward P/E ratio of 12.54, while TYL has a forward P/E of 24.06. We also note that NTES has a PEG ratio of 1.43. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. TYL currently has a PEG ratio of 1.60.

Another notable valuation metric for NTES is its P/B ratio of 3.09. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, TYL has a P/B of 3.6.

These are just a few of the metrics contributing to NTES's Value grade of B and TYL's Value grade of D.

NTES has seen stronger estimate revision activity and sports more attractive valuation metrics than TYL, so it seems like value investors will conclude that NTES is the superior option right now.

Tyler Technologies, Inc. (TYL) Analyst/Investor Day Transcript

Tyler Technologies, Inc. (TYL) Presents at D.A. Davidson 2nd Annual Technology & Consumer Conference 2026 Transcript