• Consensus Rating: Buy
  • Consensus Price Target: C$53.00
  • Forecasted Upside: 23.31%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$42.98
▲ +0.51 (1.20%)

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$53.00
▲ +23.31% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Open Text in the last 3 months. The average price target is C$53.00, with a high forecast of C$53.00 and a low forecast of C$53.00. The average price target represents a 23.31% upside from the last price of C$42.98.

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 1 polled investment analysts is to buy stock in Open Text. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/22/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/22/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/30/2023Royal Bank of CanadaBoost TargetOutperformC$50.00 ➝ C$53.00
5/8/2023ScotiabankBoost TargetC$43.00 ➝ C$50.00
6/17/2022National BanksharesReiterated RatingBuyC$60.00
2/4/2022Raymond JamesBoost TargetOutperformC$74.50
1/25/2022Raymond JamesBoost TargetOutperformC$79.00
8/6/2021TD SecuritiesBoost TargetBuyC$72.50
8/6/2021Raymond JamesBoost TargetOutperformC$79.00
8/6/2021CIBCBoost TargetOutperformC$81.00
8/6/2021Royal Bank of CanadaBoost TargetOutperformC$77.50
7/22/2021National Bank FinancialBoost TargetOutperformC$60.00
7/22/2021National BanksharesBoost TargetOutperformC$50.75 ➝ C$60.00
7/19/2021Raymond JamesBoost TargetOutperformC$74.00
5/7/2021Raymond JamesBoost TargetOutperformC$72.00
2/8/2021Raymond JamesBoost TargetOutperformC$55.00
2/8/2021National Bank FinancialBoost TargetOutperformC$60.00
2/8/2021Royal Bank of CanadaBoost TargetOutperformC$60.00
2/8/2021TD SecuritiesBoost TargetNAC$55.00
8/11/2020Pi FinancialBoost TargetNeutralC$58.00 ➝ C$63.00
8/5/2020Pi FinancialSet TargetNeutralC$58.00
4/29/2020Pi FinancialReiterated RatingNeutralC$58.00
3/10/2020Pi FinancialUpgradeSell ➝ Neutral
2/3/2020Pi FinancialBoost TargetSellC$53.00 ➝ C$58.00
1/28/2020Pi FinancialReiterated RatingSellC$53.00
(Data available from 7/23/2019 forward)

News Sentiment Rating

0.30 (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
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/26/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/25/2024
  • 5 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/24/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/25/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/24/2024
  • 2 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
5/24/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/23/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2024

Current Sentiment

  • 0 very positive mentions
  • 2 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 provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
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Today's Range

Now: C$42.98
Low: C$42.41
High: C$43.09

50 Day Range

MA: C$40.96
Low: C$38.05
High: C$43.34

52 Week Range

Now: C$42.98
Low: C$37.92
High: C$60.00

Volume

278,425 shs

Average Volume

643,620 shs

Market Capitalization

C$11.58 billion

P/E Ratio

51.17

Dividend Yield

3.30%

Beta

1.12

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: Royal Bank of Canada.
View the latest analyst ratings for OTEX.

What is the current price target for Open Text?

1 Wall Street analysts have set twelve-month price targets for Open Text in the last year. Their average twelve-month price target is C$53.00, suggesting a possible upside of 23.3%. Royal Bank of Canada has the highest price target set, predicting OTEX will reach C$53.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$53.00 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 buy rating 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?

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.