02-08-2025
New Buy Rating for Tyler Technologies (TYL), the Technology Giant
In a report released on July 31, Alexei Gogolev from J.P. Morgan maintained a Buy rating on Tyler Technologies, with a price target of $800.00. The company's shares closed yesterday at $581.65.
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According to TipRanks, Gogolev is a 5-star analyst with an average return of 12.8% and a 56.99% success rate. Gogolev covers the Technology sector, focusing on stocks such as Guidewire, Tyler Technologies, and CCC Intelligent Solutions Holdings.
In addition to J.P. Morgan, Tyler Technologies also received a Buy from Citizens JMP's Trevor J. Walsh in a report issued yesterday. However, on the same day, Evercore ISI maintained a Hold rating on Tyler Technologies (NYSE: TYL).
Based on Tyler Technologies' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $596.12 million and a net profit of $84.63 million. In comparison, last year the company earned a revenue of $540.98 million and had a net profit of $67.74 million
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TYL in relation to earlier this year. Most recently, in June 2025, Brian K. Miller, the EVP & CFO of TYL sold 1,200.00 shares for a total of $696,857.01.
