Barclays raises Tyler Tech stock price target to $715 on SaaS growth\n\nBarclays has raised its price target on Tyler Technologies (NYSE:TYL) to $715.00 from $695.00 while maintaining an Overweight rating on the stock. The new target represents significant upside potential from the current price of $583.10, though InvestingPro analysis suggests the stock is trading above its Fair Value.\n\nThe price target increase follows Tyler Tech’s second-quarter performance, which showed growth in Software as a Service (SaaS) bookings as some deals that had slipped from the first quarter closed successfully.\n\nBarclays noted that the funding environment has stabilized, contributing to the improved SaaS bookings performance for the company.\n\nThe research firm also highlighted that the reversal of Section 174 for domestic R&D by the Office of Business and Budget Administration (OBBBA) has positively impacted Tyler Tech’s free cash flow projections, which underpins the valuation increase.\n\nLooking ahead to fiscal year 2026, Barclays acknowledged that Tyler Tech’s Texas contract represents a larger headwind to revenue, but the firm expects continued strength in the company’s SaaS business.\n\nIn other recent news, Tyler Technologies reported impressive financial results for the second quarter of 2025. The company exceeded earnings expectations with an earnings per share (EPS) of $2.91, surpassing the forecasted $2.77. Revenue also outperformed projections, reaching $596.1 million compared to the anticipated $587.59 million. These figures highlight Tyler Technologies’ strong financial performance and have been well-received by investors. Additionally, the company’s stock experienced a rise in premarket trading, indicating investor confidence. While specific stock movements are not detailed here, the positive financial results have clearly impacted market perceptions. These developments reflect Tyler Technologies’ robust operational execution and financial health.

Barclays Raises Tyler Tech Stock Price Target to $715 on SaaS Growth

Barclays raised its price target on Tyler Technologies (TYL) to $715 from $695, citing growth in SaaS bookings and improved free cash flow projections. The company exceeded earnings expectations in Q2 2025 with $2.91 EPS and $596.1M revenue, driving investor confidence.