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NASDAQ:OTEX - Open Text Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $60.00
  • Forecasted Upside: 14.55 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$52.38 As of 09/16/2021 03:50 PM ET
▼ -0.43 (-0.81%)

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 $60.00
▲ +14.55% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is $60.00, with a high forecast of $63.00 and a low forecast of $57.00. The average price target represents a 14.55% upside from the last price of $52.38.

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 5 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
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
9/21/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
3/20/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/16/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
5/10/2017ScotiabankLower Price TargetOutperform$51.00 ➝ $41.00Low
5/9/2017Beacon SecuritiesDowngradeBuy ➝ HoldLow
5/9/2017BarclaysBoost Price Target$53.00 ➝ $56.00Low
5/9/2017BMO Capital MarketsSet Price TargetBuy$38.00Medium
5/9/2017CitigroupLower Price TargetNeutral$36.00 ➝ $35.00Low
5/4/2017ScotiabankReiterated RatingOutperform$41.00 ➝ $56.00Low
5/2/2017TD SecuritiesReiterated RatingBuy$52.00Low
2/16/2017CitigroupInitiated CoverageNeutral$36.00N/A
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$36.00N/A
1/24/2017BarclaysInitiated CoverageOverweight$38.00N/A
12/15/2016TD SecuritiesReiterated RatingBuy$36.00N/A
12/7/2016Royal Bank of CanadaReiterated RatingOutperform$45.50N/A
11/6/2016ScotiabankReiterated RatingOutperform$36.50 ➝ $36.00N/A
11/4/2016BMO Capital MarketsReiterated RatingBuy$36.50N/A
10/21/2016Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$37.00N/A
9/27/2016National Bank FinancialInitiated CoverageOutperform$45.00N/A
9/26/2016National Bank FinancialReiterated RatingOutperform OverweightN/A
(Data available from 9/16/2016 forward)

News Sentiment Rating

0.71 (Buy)

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
  • 3 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/19/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/18/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/18/2021
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/17/2021
  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/16/2021

Current Sentiment

  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Open Text logo
Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. It includes customer experience management (CEM), digital process automation, business network, and enterprise content management, discovery, security, and artificial intelligence (AI) and analytics solutions. It also offers consulting, managed, and learning services. The company was founded on June 26, 1991 and is headquartered in Waterloo, Canada.
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Today's Range

Now: $52.38
Low: $52.07
High: $52.84

50 Day Range

MA: $52.58
Low: $49.30
High: $54.98

52 Week Range

Now: $52.38
Low: $36.18
High: $55.25

Volume

19,622 shs

Average Volume

481,151 shs

Market Capitalization

$14.23 billion

P/E Ratio

46.35

Dividend Yield

1.67%

Beta

0.94

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, National Bank Financial, Raymond James, Royal Bank of Canada, TD Securities, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for OTEX.

What is the current price target for Open Text?

5 Wall Street analysts have set twelve-month price targets for Open Text in the last year. Their average twelve-month price target is $60.00, suggesting a possible upside of 14.5%. Raymond James has the highest price target set, predicting OTEX will reach $63.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $57.00 for Open Text in the next year.
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 4 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.

What other companies compete with Open Text?

Other companies that are similar to Open Text include Cerner, Leidos, Jack Henry & Associates, GoDaddy, TuSimple, Scientific Games, CACI International, Science Applications International, Parsons, Verint Systems, Telos, Sykes Enterprises, NetScout Systems, Allscripts Healthcare Solutions and Unisys.

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.