TSE:OTEX - Open Text Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$70.92
  • Forecasted Upside: 45.65 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
C$48.69
▼ -0.47 (-0.96%)

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 C$70.92
▲ +45.65% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is C$70.92, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 45.65% upside from the last price of C$48.69.

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 6 contributing investment analysts is to buy stock in Open Text. This rating has held steady since January 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
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/3/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/17/2022National BanksharesReiterated RatingBuyC$60.00
2/4/2022Raymond JamesBoost Price TargetOutperformC$74.50
1/25/2022Raymond JamesBoost Price TargetOutperformC$79.00
8/6/2021TD SecuritiesBoost Price TargetBuyC$72.50
8/6/2021Raymond JamesBoost Price TargetOutperformC$79.00
8/6/2021CIBCBoost Price TargetOutperformC$81.00
8/6/2021Royal Bank of CanadaBoost Price TargetOutperformC$77.50
7/22/2021National Bank FinancialBoost Price TargetOutperformC$60.00
7/22/2021National BanksharesBoost Price TargetOutperformC$50.75 ➝ C$60.00
7/19/2021Raymond JamesBoost Price TargetOutperformC$74.00
5/7/2021Raymond JamesBoost Price TargetOutperformC$72.00
2/8/2021Raymond JamesBoost Price TargetOutperformC$55.00
2/8/2021National Bank FinancialBoost Price TargetOutperformC$60.00
2/8/2021Royal Bank of CanadaBoost Price TargetOutperformC$60.00
2/8/2021TD SecuritiesBoost Price TargetNAC$55.00
8/11/2020Pi FinancialBoost Price TargetNeutralC$58.00 ➝ C$63.00
8/5/2020Pi FinancialSet Price TargetNeutralC$58.00
4/29/2020Pi FinancialReiterated RatingNeutralC$58.00
3/10/2020Pi FinancialUpgradeSell ➝ Neutral
2/3/2020Pi FinancialBoost Price TargetSellC$53.00 ➝ C$58.00
1/28/2020Pi FinancialReiterated RatingSellC$53.00
5/3/2019BMO Capital MarketsSet Price TargetOutperformC$45.00
2/4/2019BarclaysBoost Price TargetC$63.00 ➝ C$64.00
11/1/2018BarclaysBoost Price TargetC$62.00 ➝ C$63.00
5/10/2018BarclaysBoost Price TargetC$57.00 ➝ C$59.00
5/10/2018BMO Capital MarketsLower Price TargetC$42.00 ➝ C$39.00
2/1/2018BMO Capital MarketsSet Price TargetOutperformC$42.00
11/23/2017MacquarieLower Price TargetC$43.00 ➝ C$40.00
7/5/2017Beacon SecuritiesUpgradeHold ➝ Buy
(Data available from 7/3/2017 forward)

News Sentiment Rating

0.34 (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
  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/5/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
1/4/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/3/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/5/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/4/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/4/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/3/2022
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022

Current Sentiment

  • 0 very positive mentions
  • 6 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.

Very Positive

  • No very positive mentions tracked during this time.
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: C$48.69
Low: C$47.80
High: C$48.88

50 Day Range

MA: C$49.69
Low: C$46.27
High: C$53.04

52 Week Range

Now: C$48.69
Low: C$45.80
High: C$69.79

Volume

646,100 shs

Average Volume

650,152 shs

Market Capitalization

C$13.03 billion

P/E Ratio

21.54

Dividend Yield

2.34%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street research analysts have issued stock ratings on Open Text in the last year: CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and TD Securities.
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 C$70.92, suggesting a possible upside of 45.6%.
View the latest price targets for OTEX.

What is the current consensus analyst rating for Open Text?

Open Text currently has 6 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 Dr, WATERLOO, ON N2L 0A1, Canada. The company's listed phone number is +1-519-8887111. The official website for Open Text is www.opentext.com. Learn More about contacing Open Text investor relations.