NASDAQ:OTEX - Open Text Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $55.71
  • Forecasted Upside: 12.03 %
  • Number of Analysts: 9
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$49.73
▲ +0.14 (0.28%)
1 month | 3 months | 12 months
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Analyst Price Target for OTEX

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$55.71
▲ +12.03% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is $55.71, with a high forecast of $60.00 and a low forecast of $47.00. The average price target represents a 12.03% upside from the last price of $49.73.

Hold

The current consensus among 9 investment analysts is to hold stock in Open Text. This rating has held steady since April 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/22/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/21/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/19/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/17/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/16/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/16/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
5/15/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/14/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/7/2021Raymond JamesSet Price TargetOutperform$59.00Medium
i
4/20/2021Raymond JamesBoost Price TargetOutperform$55.00 ➝ $59.00Low
i
2/5/2021Raymond JamesBoost Price TargetOutperform$49.00 ➝ $55.00Medium
i
2/5/2021National Bank FinancialBoost Price TargetOutperform$55.00 ➝ $60.00Medium
i
2/5/2021Royal Bank of CanadaBoost Price TargetOutperform$53.00 ➝ $60.00Medium
i
2/5/2021TD SecuritiesBoost Price TargetBuy$52.00 ➝ $55.00Medium
i
2/5/2021BarclaysBoost Price TargetOverweight$51.00 ➝ $55.00High
i
12/23/2020Raymond JamesSet Price TargetOutperform$49.00N/A
i
11/6/2020Raymond JamesSet Price TargetOutperform$49.00Low
i
10/20/2020Raymond JamesSet Price TargetOutperform$49.00Low
i
8/10/2020Veritas Investment ResearchDowngradeBuy ➝ SellLow
i
8/10/2020CitigroupBoost Price TargetNeutral$41.00 ➝ $47.00Medium
i
8/7/2020Raymond JamesBoost Price TargetOutperform$45.00 ➝ $49.00Low
i
8/7/2020National Bank FinancialBoost Price TargetOutperform$54.00 ➝ $55.00Low
i
8/7/2020TD SecuritiesBoost Price TargetBuy$47.00 ➝ $52.00Low
i
8/7/2020BMO Capital MarketsBoost Price Target$44.00 ➝ $54.00Low
i
8/5/2020Pi FinancialReiterated RatingNeutralMedium
i
Rating by G. Papageorgiou at Pi Financial
7/30/2020Beacon SecuritiesDowngradeBuy ➝ HoldLow
i
Rating by G. Leung at Beacon Securities
7/21/2020National Bank FinancialBoost Price TargetOutperform$40.00 ➝ $50.00Medium
i
Rating by Richard Tse at National Bank Financial
7/20/2020BarclaysBoost Price TargetOverweight$44.00 ➝ $50.00High
i
5/1/2020Raymond JamesSet Price TargetOutperform$45.00Low
i
Rating by Steven Li at Raymond James
5/1/2020BMO Capital MarketsReiterated RatingOutperform$61.00Low
i
4/29/2020Pi FinancialReiterated RatingHold$58.00Low
i
Rating by Gus Papageorgiou at Pi Financial
4/29/2020TD SecuritiesLower Price TargetBuy$52.00 ➝ $45.00Medium
i
4/29/2020BMO Capital MarketsLower Price TargetBuy$51.00 ➝ $41.00Low
i
4/27/2020Royal Bank of CanadaLower Price TargetReduce ➝ Outperform$54.00 ➝ $45.00Low
i
4/22/2020Raymond JamesLower Price TargetOutperform$54.00 ➝ $45.00Low
i
Rating by Steven Li at Raymond James
4/9/2020National Bank FinancialLower Price TargetOutperform$55.00 ➝ $45.00Low
i
Rating by Richard Tse at National Bank Financial
3/10/2020Pi FinancialUpgradeSell ➝ Neutral$44.00Medium
i
1/31/2020TD SecuritiesBoost Price TargetBuy$50.00 ➝ $52.00Low
i
1/31/2020National Bank FinancialBoost Price TargetOutperform$50.00 ➝ $55.00Low
i
1/31/2020Raymond JamesReiterated RatingOutperform$54.00Low
i
Rating by Steven Li at Raymond James
1/31/2020Royal Bank of CanadaBoost Price TargetOutperform$50.00 ➝ $54.00Low
i
Rating by Paul Treiber at Royal Bank of Canada
1/24/2020CitigroupBoost Price TargetNeutral$43.00 ➝ $48.00Low
i
12/19/2019Raymond JamesSet Price TargetOutperform$48.00Low
i
Rating by Steven Li at Raymond James
11/13/2019TD SecuritiesBoost Price TargetBuy$48.00 ➝ $50.00Low
i
11/12/2019Royal Bank of CanadaBoost Price TargetOutperform$47.00 ➝ $50.00Low
i
Rating by Paul Treiber at Royal Bank of Canada
11/12/2019Raymond JamesReiterated RatingOutperform$48.00Low
i
Rating by Steven Li at Raymond James
11/1/2019Raymond JamesSet Price TargetBuy$48.00Low
i
10/29/2019CIBCReiterated RatingBuyLow
i
10/21/2019Raymond JamesReiterated RatingOutperform$48.00Medium
i
9/9/2019Royal Bank of CanadaDowngradeBuy$47.00Low
i
Rating by Paul Treiber at Royal Bank of Canada
8/6/2019Royal Bank of CanadaReiterated RatingOutperform$47.00Low
i
8/4/2019CIBCReiterated RatingBuy$53.00High
i
8/2/2019Raymond JamesSet Price TargetOutperform$48.00Low
i
8/2/2019TD SecuritiesBoost Price TargetBuy$45.00 ➝ $48.00Low
i
7/29/2019CIBCReiterated RatingBuy$53.00Low
i
7/19/2019Raymond JamesSet Price TargetOutperform$48.00Low
i
7/11/2019Raymond JamesReiterated RatingOutperform$48.00Low
i
7/11/2019BenchmarkReiterated RatingSell ➝ Buy$42.00 ➝ $48.00Low
i
5/2/2019Raymond JamesSet Price TargetOutperform$48.00Low
i
4/22/2019Raymond JamesReiterated RatingOutperform$48.00Low
i
2/4/2019Mitsubishi UFJ Financial GroupBoost Price Target$43.00Medium
i
2/2/2019BMO Capital MarketsSet Price TargetBuy$43.00Medium
i
Rating by Thanos Moschopoulos at BMO Capital Markets
2/1/2019Royal Bank of CanadaBoost Price TargetOutperform$45.00 ➝ $47.00Low
i
2/1/2019TD SecuritiesBoost Price TargetBuy$43.00 ➝ $45.00Low
i
1/25/2019Raymond JamesReiterated RatingOutperform$48.00Low
i
1/11/2019CIBCReiterated RatingAverage$49.00Low
i
11/19/2018CIBCReiterated RatingBuy ➝ Average$51.00Medium
i
11/1/2018BarclaysReiterated RatingBuyMedium
i
11/1/2018Raymond JamesSet Price TargetOutperform$48.00Medium
i
11/1/2018BMO Capital MarketsReiterated RatingBuy$40.00Low
i
Rating by Thanos Moschopoulos at BMO Capital Markets
10/22/2018Raymond JamesReiterated RatingOutperform$48.00Low
i
8/6/2018BarclaysBoost Price TargetOverweight ➝ Overweight$46.00 ➝ $48.00Medium
i
8/3/2018ScotiabankReiterated RatingBuy$46.00Low
i
8/3/2018Royal Bank of CanadaBoost Price TargetOutperform$44.00 ➝ $45.00Low
i
8/3/2018Raymond JamesBoost Price TargetOutperform$42.00 ➝ $48.00Low
i
8/3/2018Industrial Alliance SecuritiesBoost Price Target$40.00 ➝ $42.00Low
i
8/3/2018TD SecuritiesBoost Price TargetBuy$40.00 ➝ $43.00Medium
i
5/10/2018ScotiabankReiterated RatingOutperform$45.00High
i
5/10/2018Royal Bank of CanadaLower Price TargetOutperform$46.00 ➝ $44.00High
i
2/1/2018Raymond JamesBoost Price TargetOutperform$40.00 ➝ $44.00High
i
2/1/2018National Bank FinancialBoost Price TargetOutperform$45.00 ➝ $50.00High
i
2/1/2018Royal Bank of CanadaReiterated RatingBuy$40.00 ➝ $46.00High
i
2/1/2018BarclaysBoost Price TargetOverweight ➝ Overweight$44.00 ➝ $46.00Medium
i
2/1/2018BMO Capital MarketsReiterated RatingBuy$42.00High
i
11/23/2017MacquarieLower Price Target$43.00 ➝ $40.00N/A
i
11/22/2017Raymond JamesDowngradeUnderperform$40.00N/A
i
11/22/2017MacquarieDowngradeNeutral ➝ Underperform$31.50N/A
i
11/3/2017CIBCBoost Price Target$41.00 ➝ $42.00N/A
i
11/3/2017BMO Capital MarketsLower Price Target$40.00 ➝ $38.00N/A
i
Rating by Thanos Moschopoulos at BMO Capital Markets
11/3/2017BarclaysBoost Price Target$54.00 ➝ $55.00N/A
i
11/3/2017TD SecuritiesBoost Price TargetBuy$38.00 ➝ $51.00N/A
i
11/2/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweightN/A
i
Rating by S. Bersey at Mitsubishi UFJ Financial Group
10/30/2017Royal Bank of CanadaReiterated RatingBuy$40.00N/A
i
8/4/2017BarclaysBoost Price TargetOverweight$41.00 ➝ $43.00Low
i
8/4/2017BMO Capital MarketsReiterated RatingOutperform$40.00Medium
i
Rating by Thanos Moschopoulos at BMO Capital Markets
8/4/2017ScotiabankReiterated RatingOutperform$41.00 ➝ $50.00Medium
i
7/12/2017Royal Bank of CanadaReiterated RatingBuy$40.00High
i
7/5/2017Beacon SecuritiesUpgradeHold ➝ BuyLow
i
Rating by G. Leung at Beacon Securities
5/10/2017ScotiabankLower Price TargetOutperform$51.00 ➝ $41.00Low
i
5/9/2017Beacon SecuritiesDowngradeBuy ➝ HoldLow
i
Rating by G. Leung at Beacon Securities
5/9/2017BarclaysBoost Price Target$53.00 ➝ $56.00Low
i
5/9/2017BMO Capital MarketsSet Price TargetBuy$38.00Medium
i
Rating by Thanos Moschopoulos at BMO Capital Markets
5/9/2017CitigroupLower Price TargetNeutral$36.00 ➝ $35.00Low
i
5/4/2017ScotiabankReiterated RatingOutperform$41.00 ➝ $56.00Low
i
5/2/2017TD SecuritiesReiterated RatingBuy$52.00Low
i
2/16/2017CitigroupInitiated CoverageNeutral$36.00N/A
i
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$36.00N/A
i
1/24/2017BarclaysInitiated CoverageOverweight$38.00N/A
i
12/15/2016TD SecuritiesReiterated RatingBuy$36.00N/A
i
12/7/2016Royal Bank of CanadaReiterated RatingOutperform$45.50N/A
i
11/6/2016ScotiabankReiterated RatingOutperform$36.50 ➝ $36.00N/A
i
11/4/2016BMO Capital MarketsReiterated RatingBuy$36.50N/A
i
Rating by thanos moschopoulos at BMO Capital Markets
10/21/2016Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$37.00N/A
i
9/27/2016National Bank FinancialInitiated CoverageOutperform$45.00N/A
i
9/26/2016National Bank FinancialReiterated RatingOutperform OverweightN/A
i
Rating by K. Thompson at National Bank Financial
9/13/2016BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$31.50 ➝ $36.50N/A
i
Rating by Thanos Moschopoulos at BMO Capital Markets
9/12/2016Dundee SecuritiesUpgradeNeutral ➝ BuyN/A
i
7/28/2016BenchmarkBoost Price TargetBuy$32.50 ➝ $37.50N/A
i
6/21/2016Royal Bank of CanadaBoost Price TargetOutperform$30.00 ➝ $35.00N/A
i
(Data available from 6/14/2016 forward)
Open Text logo
Open Text Corporation provides a suite of software products and services. The company offers content services; business network that manages and connects data within the organization; Cyber Resilience, a solution for defending against cyber threats and preparing for business continuity and response in the event of a breach; OpenText security solutions that addresses information security and digital investigations; AI and analytics that leverages structured or unstructured data; and OpenText Information Management software platform that provides multi-level, multi-role, and multi context security information platforms. It also offers digital process automation, which enables organizations to transform into digital data-driven businesses through automation; Customer Experience Management, a set of processes used to track customer interactions throughout the customer journey; and Discovery suite that provides forensics and unstructured data analytics for searching, collecting, and investigating enterprise data to manage legal obligations and risk. In addition, the company offers customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it provides professional services, such as 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 companies, mid-market companies, and public sector agencies worldwide. It has strategic partnerships with SAP SE, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Google Cloud, Amazon AWS, Accenture plc, Deloitte Consulting LLP, Tata Consultancy Services, ATOS, ATOS International S.A.S., Capgemini Technology Services SAS, and Cognizant Technology Solutions U.S. Corp. The company was founded in 1991 and is headquartered in Waterloo, Canada.
Read More

Today's Range

Now: $49.73
$49.41
$49.77

50 Day Range

MA: $47.75
$45.26
$49.92

52 Week Range

Now: $49.73
$36.18
$50.21

Volume

167,600 shs

Average Volume

553,086 shs

Market Capitalization

$13.59 billion

P/E Ratio

87.25

Dividend Yield

0.76%

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, Beacon Securities, BMO Capital Markets, Citigroup Inc., National Bank Financial, Pi Financial, Raymond James, Royal Bank of Canada, TD Securities, TheStreet, Veritas Investment Research, and Zacks Investment Research.
View the latest analyst ratings for OTEX.

What is the current price target for Open Text?

7 Wall Street analysts have set twelve-month price targets for Open Text in the last year. Their average twelve-month price target is $55.71, suggesting a possible upside of 12.0%. Royal Bank of Canada has the highest price target set, predicting OTEX will reach $60.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $47.00 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 sell rating, 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in OTEX, but not buy more shares or sell existing shares.
View the latest ratings for OTEX.

What other companies compete with Open Text?

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 519-888-7111 and its investor relations email address is [email protected] The official website for Open Text is www.opentext.com.