NASDAQ:OTEX - Open Text Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $53.00
  • Forecasted Upside: 38.09 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$38.38
▲ +0.18 (0.47%)

This chart shows the closing price for OTEX by one month, three months, or twelve months.

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Analyst Price Target for OTEX

Analyst Price Target is $53.00
▲ +38.09% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is $53.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 38.09% upside from the last price of $38.38.

This chart shows the closing price for OTEX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Open Text. This rating has held steady since July 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/1/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/1/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/30/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/24/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/25/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/25/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/5/2022TD SecuritiesLower Price TargetBuy$58.00 ➝ $50.00High
5/5/2022Royal Bank of CanadaLower Price TargetOutperform$62.00 ➝ $52.00High
5/5/2022Raymond JamesSet Price TargetOutperform$60.00High
2/4/2022BMO Capital MarketsLower Price TargetC$58.00 ➝ C$53.00Medium
2/4/2022Raymond JamesLower Price TargetOutperform$63.00 ➝ $60.00Low
1/25/2022Raymond JamesSet Price TargetOutperform$63.00Medium
1/12/2022BarclaysLower Price Target$58.00 ➝ $50.00Low
11/5/2021Raymond JamesReiterated RatingOutperformLow
8/6/2021Raymond JamesBoost Price TargetOutperform$59.00 ➝ $63.00Low
8/6/2021TD SecuritiesBoost Price TargetBuy$57.00 ➝ $58.00Low
8/6/2021Royal Bank of CanadaBoost Price TargetOutperform$60.00 ➝ $62.00Low
8/6/2021BarclaysBoost Price TargetEqual Weight$56.00 ➝ $57.00Medium
7/19/2021Raymond JamesSet Price TargetOutperform$59.00Low
6/30/2021BarclaysDowngradeOverweight ➝ Equal Weight$56.00Low
5/7/2021Raymond JamesSet Price TargetOutperform$59.00Medium
4/20/2021Raymond JamesBoost Price TargetOutperform$55.00 ➝ $59.00Low
2/5/2021Raymond JamesBoost Price TargetOutperform$49.00 ➝ $55.00Medium
2/5/2021National Bank FinancialBoost Price TargetOutperform$55.00 ➝ $60.00Medium
2/5/2021Royal Bank of CanadaBoost Price TargetOutperform$53.00 ➝ $60.00Medium
2/5/2021TD SecuritiesBoost Price TargetBuy$52.00 ➝ $55.00Medium
2/5/2021BarclaysBoost Price TargetOverweight$51.00 ➝ $55.00High
12/23/2020Raymond JamesSet Price TargetOutperform$49.00N/A
11/6/2020Raymond JamesSet Price TargetOutperform$49.00Low
10/20/2020Raymond JamesSet Price TargetOutperform$49.00Low
8/10/2020Veritas Investment ResearchDowngradeBuy ➝ SellLow
8/10/2020CitigroupBoost Price TargetNeutral$41.00 ➝ $47.00Medium
8/7/2020Raymond JamesBoost Price TargetOutperform$45.00 ➝ $49.00Low
8/7/2020National Bank FinancialBoost Price TargetOutperform$54.00 ➝ $55.00Low
8/7/2020TD SecuritiesBoost Price TargetBuy$47.00 ➝ $52.00Low
8/7/2020BMO Capital MarketsBoost Price Target$44.00 ➝ $54.00Low
8/5/2020Pi FinancialReiterated RatingNeutralMedium
7/30/2020Beacon SecuritiesDowngradeBuy ➝ HoldLow
7/21/2020National Bank FinancialBoost Price TargetOutperform$40.00 ➝ $50.00Medium
7/20/2020BarclaysBoost Price TargetOverweight$44.00 ➝ $50.00High
5/1/2020Raymond JamesSet Price TargetOutperform$45.00Low
5/1/2020BMO Capital MarketsReiterated RatingOutperform$61.00Low
4/29/2020Pi FinancialReiterated RatingHold$58.00Low
4/29/2020TD SecuritiesLower Price TargetBuy$52.00 ➝ $45.00Medium
4/29/2020BMO Capital MarketsLower Price TargetBuy$51.00 ➝ $41.00Low
4/27/2020Royal Bank of CanadaLower Price TargetReduce ➝ Outperform$54.00 ➝ $45.00Low
4/22/2020Raymond JamesLower Price TargetOutperform$54.00 ➝ $45.00Low
4/9/2020National Bank FinancialLower Price TargetOutperform$55.00 ➝ $45.00Low
3/10/2020Pi FinancialUpgradeSell ➝ Neutral$44.00Medium
1/31/2020TD SecuritiesBoost Price TargetBuy$50.00 ➝ $52.00Low
1/31/2020National Bank FinancialBoost Price TargetOutperform$50.00 ➝ $55.00Low
1/31/2020Raymond JamesReiterated RatingOutperform$54.00Low
1/31/2020Royal Bank of CanadaBoost Price TargetOutperform$50.00 ➝ $54.00Low
1/24/2020CitigroupBoost Price TargetNeutral$43.00 ➝ $48.00Low
12/19/2019Raymond JamesSet Price TargetOutperform$48.00Low
11/13/2019TD SecuritiesBoost Price TargetBuy$48.00 ➝ $50.00Low
11/12/2019Royal Bank of CanadaBoost Price TargetOutperform$47.00 ➝ $50.00Low
11/12/2019Raymond JamesReiterated RatingOutperform$48.00Low
11/1/2019Raymond JamesSet Price TargetBuy$48.00Low
10/29/2019CIBCReiterated RatingBuyLow
10/21/2019Raymond JamesReiterated RatingOutperform$48.00Medium
9/9/2019Royal Bank of CanadaDowngradeBuy$47.00Low
8/6/2019Royal Bank of CanadaReiterated RatingOutperform$47.00Low
8/4/2019CIBCReiterated RatingBuy$53.00High
8/2/2019Raymond JamesSet Price TargetOutperform$48.00Low
8/2/2019TD SecuritiesBoost Price TargetBuy$45.00 ➝ $48.00Low
7/29/2019CIBCReiterated RatingBuy$53.00Low
7/19/2019Raymond JamesSet Price TargetOutperform$48.00Low
7/11/2019Raymond JamesReiterated RatingOutperform$48.00Low
7/11/2019BenchmarkReiterated RatingSell ➝ Buy$42.00 ➝ $48.00Low
5/2/2019Raymond JamesSet Price TargetOutperform$48.00Low
4/22/2019Raymond JamesReiterated RatingOutperform$48.00Low
2/4/2019Mitsubishi UFJ Financial GroupBoost Price Target$43.00Medium
2/2/2019BMO Capital MarketsSet Price TargetBuy$43.00Medium
2/1/2019Royal Bank of CanadaBoost Price TargetOutperform$45.00 ➝ $47.00Low
2/1/2019TD SecuritiesBoost Price TargetBuy$43.00 ➝ $45.00Low
1/25/2019Raymond JamesReiterated RatingOutperform$48.00Low
1/11/2019CIBCReiterated RatingAverage$49.00Low
11/19/2018CIBCReiterated RatingBuy ➝ Average$51.00Medium
11/1/2018BarclaysReiterated RatingBuyMedium
11/1/2018Raymond JamesSet Price TargetOutperform$48.00Medium
11/1/2018BMO Capital MarketsReiterated RatingBuy$40.00Low
10/22/2018Raymond JamesReiterated RatingOutperform$48.00Low
8/6/2018BarclaysBoost Price TargetOverweight ➝ Overweight$46.00 ➝ $48.00Medium
8/3/2018ScotiabankReiterated RatingBuy$46.00Low
8/3/2018Royal Bank of CanadaBoost Price TargetOutperform$44.00 ➝ $45.00Low
8/3/2018Raymond JamesBoost Price TargetOutperform$42.00 ➝ $48.00Low
8/3/2018Industrial Alliance SecuritiesBoost Price Target$40.00 ➝ $42.00Low
8/3/2018TD SecuritiesBoost Price TargetBuy$40.00 ➝ $43.00Medium
5/10/2018ScotiabankReiterated RatingOutperform$45.00High
5/10/2018Royal Bank of CanadaLower Price TargetOutperform$46.00 ➝ $44.00High
2/1/2018Raymond JamesBoost Price TargetOutperform$40.00 ➝ $44.00High
2/1/2018National Bank FinancialBoost Price TargetOutperform$45.00 ➝ $50.00High
2/1/2018Royal Bank of CanadaReiterated RatingBuy$40.00 ➝ $46.00High
2/1/2018BarclaysBoost Price TargetOverweight ➝ Overweight$44.00 ➝ $46.00Medium
2/1/2018BMO Capital MarketsReiterated RatingBuy$42.00High
11/23/2017MacquarieLower Price Target$43.00 ➝ $40.00N/A
11/22/2017Raymond JamesDowngradeUnderperform$40.00N/A
11/22/2017MacquarieDowngradeNeutral ➝ Underperform$31.50N/A
11/3/2017CIBCBoost Price Target$41.00 ➝ $42.00N/A
11/3/2017BMO Capital MarketsLower Price Target$40.00 ➝ $38.00N/A
11/3/2017BarclaysBoost Price Target$54.00 ➝ $55.00N/A
11/3/2017TD SecuritiesBoost Price TargetBuy$38.00 ➝ $51.00N/A
11/2/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweightN/A
10/30/2017Royal Bank of CanadaReiterated RatingBuy$40.00N/A
8/4/2017BarclaysBoost Price TargetOverweight$41.00 ➝ $43.00Low
8/4/2017BMO Capital MarketsReiterated RatingOutperform$40.00Medium
8/4/2017ScotiabankReiterated RatingOutperform$41.00 ➝ $50.00Medium
7/12/2017Royal Bank of CanadaReiterated RatingBuy$40.00High
7/5/2017Beacon SecuritiesUpgradeHold ➝ BuyLow
(Data available from 5/25/2017 forward)

News Sentiment Rating

0.42 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/27/2021
  • 2 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/26/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/25/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/24/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/26/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/25/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
5/25/2022

Current Sentiment

  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Open Text logo
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
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Today's Range

Now: $38.38
Low: $37.83
High: $38.66

50 Day Range

MA: $40.82
Low: $35.50
High: $43.68

52 Week Range

Now: $38.38
Low: $35.04
High: $55.25

Volume

550,871 shs

Average Volume

612,213 shs

Market Capitalization

$10.38 billion

P/E Ratio

21.95

Dividend Yield

2.25%

Beta

0.93

Frequently Asked Questions

What sell-side analysts currently cover shares of Open Text?

The following Wall Street analysts have issued stock ratings on Open Text in the last twelve months: Barclays PLC, BMO Capital Markets, Raymond James, Royal Bank of Canada, StockNews.com, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for OTEX.

What is the current price target for Open Text?

0 Wall Street analysts have set twelve-month price targets for Open Text in the last year. Their average twelve-month price target is $53.00, suggesting a possible upside of 38.1%.
View the latest price targets for OTEX.

What is the current consensus analyst rating for Open Text?

Open Text currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OTEX will outperform the market and that investors should add to their positions of Open Text.
View the latest ratings for OTEX.

How do I contact Open Text's investor relations team?

Open Text's physical mailing address is 275 FRANK TOMPA DRIVE, WATERLOO A6, N2L 0A1. The software maker's listed phone number is (416) 956-0322 and its investor relations email address is [email protected] The official website for Open Text is www.opentext.com. Learn More about contacing Open Text investor relations.