Wells Fargo Raises Tyler Technologies (TYL) Price Target to $400

Wells Fargo raises its rating on Tyler Technologies, Inc. to Overweight and sets a new price target of $400, a 11.81% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:27 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Wells Fargo raised its price target on Tyler Technologies, Inc. ($TYL) to $400 from $335 on October 12, 2026, and rates the stock "Overweight".

Since the rating, $TYL is up 6.2% to date (from the $339.94 close on Oct 12, 2026).

TYL Tyler Technologies, Inc.

$360.87 -17.20% year to date

Daily close · Oct 16, 2026

Key Points

On October 12, 2026, Wells Fargo upgraded Tyler Technologies, Inc. to an Overweight rating and increased its price target from $335 to $400.
Wells Fargo's $400 price target implies 11.81% upside from Tyler Technologies, Inc.'s ($TYL) current $357.74 share price.
As of October 16, 2026, Tyler Technologies traded recently around $357.74, which is about 10.6% below the new price target.
The company has a trailing twelve-month revenue of approximately $2.43 billion and an EPS of $7.61, reflecting solid financial health.

Get $TYL trade alerts by text

We text you when insiders, Congress or big funds trade $TYL. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Tyler Technologies, Inc. alert may contain errors. Disclosures

Wells Fargo upgraded Tyler Technologies, Inc. (NYSE: TYL) to an Overweight rating on October 12, 2026, raising its price target from $335 to $400. This marks a significant shift in the firm's outlook for the company, which provides integrated software solutions for the public sector in the United States.

Other Institutional Activity in Tyler Technologies

Norges Bank increased its holdings by 643,384 shares, bringing its total to 2,672,346 shares worth about $965.1 million. Meanwhile, Blackrock Inc. trimmed its position by 477,499 shares, ending with 3,863,402 shares valued at approximately $1.40 billion. Vanguard Capital Management LLC also reduced its stake by 34,044 shares, holding 2,756,465 shares worth around $995.5 million. State Street Corporation added 104,512 shares, increasing its total to 2,039,920 shares valued at about $736.7 million.

Tyler Technologies, Inc. Stock Up 6.0%

Tyler Technologies shares recently traded around $357.74 as of October 16, 2026. This price is about 10.6% below the new target set by Wells Fargo, indicating there may be room for growth if the market responds positively to the upgrade.

12-month forecast

$TYL price target

Tyler Technologies, Inc. daily closes and this analyst's $400 target. Not advice.

Recent Earnings

The company reported trailing twelve-month revenue of approximately $2.43 billion and an EPS of $7.61. The revenue growth year-over-year stands at 8.2%, with a net margin of 13.4%. The next earnings report is scheduled for October 28, 2026, which will provide further insights into the company's performance.

Insider Buying and Selling at Tyler Technologies, Inc.

Several insiders sold shares earlier this year. Chief Operating Officer Jeffrey David Puckett sold 5,174 shares on March 5, 2026, valued at about $1.91 million. He also sold 8,500 shares on August 24, 2026, for around $3.03 million at an average price of $356.44. CEO Horace Lynn Moore Jr. sold 9,250 shares on August 28, 2026, worth approximately $3.45 million at an average price of $372.79. Director Glenn A. Carter sold 1,624 shares on March 12, 2026, valued at about $567,003.

Analysts Set New Price Targets

On October 12, 2026, Wells Fargo upgraded its rating on Tyler Technologies to Overweight with a new price target of $400, up from a previous target of $335. Other firms have also shown interest; for instance, BTIG reiterated a Buy rating with a target of $400 on September 24, 2026. The consensus among analysts suggests a positive outlook, with multiple firms maintaining strong ratings.

About Tyler Technologies

Tyler Technologies, Inc. is a technology company headquartered in Plano, Texas, that specializes in software solutions for the public sector. It operates in two main segments: Enterprise Software and Platform Technologies, focusing on mission-critical back-office functions for government agencies.

Bottom Line

Investors will be watching for Tyler Technologies' next earnings report on October 28, 2026, which could impact its stock performance. The recent upgrade by Wells Fargo may signal confidence in the company's future prospects, especially given its solid financial metrics.