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With a whopping upside potential of 35.19%, Tyler Technologies, Inc. (NYSE:TYL) is among the 10 Tech Stocks That Could Make You a Millionaire.
On May 1, Truist analyst Terry Tillman raised the firm’s price target on Tyler Technologies, Inc. (NYSE:TYL) to $440 from $400 while maintaining a Buy rating. The company reported a strong start to 2026, with 11% revenue growth, accelerating SaaS growth of 23.5%, and a 10% increase in annualized recurring revenue.
On the same day, Baird raised its price target on Tyler Technologies, Inc. (NYSE:TYL) to $455 from $440 and maintained an Outperform rating. The firm cited robust first-quarter results and updated its financial model to reflect continued momentum across the company’s core segments.
Tyler Technologies, Inc. is an American technology company providing integrated software and services for the public sector. Founded in 1966 and headquartered in Plano, Texas, the company delivers solutions spanning enterprise resource planning, public safety, courts and justice, and data analytics.
Tyler Technologies, Inc. (NYSE:TYL) appears well-positioned for sustained growth as strong recurring revenue expansion and accelerating SaaS adoption reinforce its durable demand profile. Continued analyst optimism highlights confidence in the company’s ability to capitalize on ongoing digital transformation within government institutions.
While we acknowledge the potential of TYL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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