Tyler Technologies recently signed a significant agreement with the City of St. Petersburg, Florida, to provide multiple technological solutions aimed at enhancing governmental functions. This development aligns with Tyler's focus on expanding its public sector offerings and may have influenced its share price increase by 3% over the past month. During this period, the company announced robust financial results, with notable revenue and net income growth in the fourth quarter, which likely bolstered investor confidence. Executive changes, such as Rusty Smith's expanded role, may have also played a part in maintaining market interest. Despite market volatility, including a recent 3% decline in broader markets due to tariff and economic concerns, Tyler's performance diverged positively. While the broader market navigated uncertainties, Tyler's focused expansion and promising fiscal results potentially insulated its stock from greater losses seen elsewhere.

Take a closer look at Tyler Technologies's potential here.

Tyler Technologies’ shares have achieved a total return of 106.36% over the last five years, demonstrating strong growth compared to the broader market. This impressive performance may be attributed to several significant developments. Notable client agreements, such as with the City of St. Petersburg in March 2025 and the Kentucky Court of Justice in October 2024, have likely enhanced Tyler’s standing in the public sector. Furthermore, the partnership with AWS in January 2024 further solidified its technological capabilities and transition to cloud solutions.

Strong earnings announcements have also played a crucial role, with the full-year 2024 results showing substantial growth in both revenue and net income, reinforcing investor confidence. The completion of over 51% of its stock repurchase program by October 2024 may have also positively influenced shareholder returns by enhancing share value. These factors combined position Tyler favorably against the US Software industry and broader market trends.

• See how Tyler Technologies measures up with our analysis of its intrinsic value versus market price.
• Gain insight into the risks facing Tyler Technologies and how they might influence its performance—click here to read more.
• Are you invested in Tyler Technologies already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NYSE:TYL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com