Tyler Technologies stock gets a USD 260 million buyback plan
Published on 09/25/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tyler Technologies stock stood at USD 326.85 on the NYSE on September 24, 2026, down 1.71 percent for the session. The company also adopted a USD 260.0 million share repurchase plan on September 15, 2026, with purchases scheduled through October 29, 2026, according to Stock Titan.
Buyback capacity reaches USD 260 million
The new Rule 10b5-1 plan gives Tyler Technologies a defined capital allocation instrument while the stock trades 38.6 percent below its 52-week high of USD 531.94. The board had USD 1.416 billion of remaining repurchase authorization as of September 15, 2026, adding scale beyond the newly announced plan.
The repurchase plan is the clearest current market event for shareholders. It does not change operating performance, but it can reduce the share count if purchases are completed and may influence how investors assess the companys use of cash and borrowing capacity.
Cloud growth remains the key metric
In the second quarter of 2026, total revenue rose 8.2 percent year over year to USD 645.1 million, while GAAP net income reached USD 93.5 million. GAAP diluted earnings per share came to USD 2.23 for the quarter, according to Stock Titan.
The growth mix was more important than the headline revenue increase. SaaS revenue climbed 21.7 percent year over year to USD 230.6 million, and subscription revenue increased 12.0 percent to USD 453.7 million in Q2 2026. Recurring revenue represented 86.7 percent of total revenue, giving the business a substantial contracted base.
Analyst target stays above the quote
Evercore ISI reiterated an In Line rating and a USD 375.00 price target on September 22, 2026, as reported by Investing.com. That target is USD 48.15 above the September 24 quote, a 14.7 percent difference, while the In Line rating points to a measured view of the valuation and near-term execution.
For investors, the central test is whether SaaS growth can remain above total company growth while repurchases support per-share results. The Q2 figures show that cloud expansion is still running at a faster rate than consolidated revenue.
Stock remains below its yearly high
Tyler Technologies stock stood at USD 326.85 on the NYSE on September 24, 2026, with a market capitalization of USD 13,385,259,255. The 52-week range was USD 270.71 to USD 531.94, placing the quote closer to the yearly low than the yearly high.
Tyler Technologies stock facts
- Company: Tyler Technologies, Inc.
- Ticker: TYL
- Trading venue: NYSE
- Price as of September 24, 2026: USD 326.85
- Market capitalization: USD 13,385,259,255 as of September 24, 2026
- 52-week range: USD 270.71-531.94
- Sector / Industry: Technology / Software - Application
