Tyler Technologies Expected to Reaffirm 2030 Revenue Guidance, Oppenheimer Says

MT Newswires Live

Jun 04

Tyler Technologies (TYL) is likely to reaffirm its 2030 revenue target of $3.6 billion to $3.8 billion at its June 9 investor day, with potential upward revisions to EBIT and free cash flow margin targets, Oppenheimer said in a note Thursday.

The company is also expected to reaffirm its cloud transition strategy through 2030, which is supporting revenue quality and SaaS durability, according to the note.

The brokerage said management is likely to highlight AI tailwinds, but it does not expect explicit AI revenue contribution given nascent adoption.

Oppenheimer has an outperform rating on the stock, with a price target of $450 per share.

Shares of Tyler Technologies were up 3% in Thursday trading.

Price: 312.94, Change: +9.17, Percent Change: +3.02

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