Open Text (OTEX) Stock Forecast, Price Target & Predictions
OTEX Stock Forecast
Open Text (OTEX) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $33.00, with a high of $33.00 and a low of $33.00. This represents a 8.59% increase from the last price of $30.39.
OTEX Stock Rating
Open Text stock's rating consensus is Hold, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (33.33%), 6 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
OTEX Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Open Text | 8.59% |
Sector | Technology Stocks | 13.91% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 5 |
Avg Price Target | - | - | $41.40 |
Last Closing Price | $30.39 | $30.39 | $30.39 |
Upside/Downside | - | - | 36.23% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 2 | 3 | 8 | - | - | 13 |
Jan, 25 | 2 | 4 | 9 | - | - | 15 |
Dec, 24 | 1 | 4 | 9 | - | - | 14 |
Nov, 24 | 2 | 13 | 7 | - | - | 22 |
Oct, 24 | 3 | 13 | 7 | - | - | 23 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 01, 2024 | Paul Treiber | RBC Capital | $33.00 | $28.98 | 13.87% | 8.59% |
May 03, 2024 | Steven Li | Raymond James | $48.00 | $29.24 | 64.16% | 57.95% |
May 03, 2024 | Raimo Lenschow | Barclays | $38.00 | $35.47 | 7.13% | 25.04% |
May 03, 2024 | Richard Tse | National Bank | $50.00 | $35.47 | 40.96% | 64.53% |
May 03, 2024 | Thanos Moschopoulos | BMO Capital | $38.00 | $35.47 | 7.13% | 25.04% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 01, 2024 | Scotiabank | Sector Perform | Sector Perform | hold |
Nov 01, 2024 | RBC Capital | Outperform | Sector Perform | downgrade |
Sep 25, 2024 | Citigroup | Neutral | Neutral | hold |
Aug 02, 2024 | National Bank | Outperform | Sector Perform | downgrade |
Jun 26, 2024 | Citigroup | Neutral | Neutral | hold |
May 06, 2024 | Scotiabank | Sector Perform | downgrade | |
May 03, 2024 | Cowen & Co. | Buy | Buy | hold |
May 03, 2024 | Raymond James | Outperform | Outperform | hold |
May 03, 2024 | Citigroup | Neutral | Neutral | hold |
May 03, 2024 | Barclays | Equal-Weight | Equal-Weight | hold |
Financial Forecast
EPS Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $0.85 | $1.18 | $1.44 | $0.56 | $1.71 | - | - | - |
Avg Forecast | $2.72 | $3.33 | $3.18 | $3.28 | $4.24 | $3.60 | $4.08 | $4.64 |
High Forecast | $2.69 | $3.29 | $3.14 | $3.24 | $4.21 | $3.55 | $4.04 | $4.37 |
Low Forecast | $2.75 | $3.36 | $3.21 | $3.31 | $4.29 | $3.64 | $4.15 | $5.17 |
Surprise % | -68.75% | -64.56% | -54.72% | -82.93% | -59.67% | - | - | - |
Revenue Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $3.11B | $3.39B | $3.49B | $4.48B | $5.77B | - | - | - |
Avg Forecast | $3.11B | $3.35B | $3.48B | $4.52B | $5.83B | $5.24B | $5.34B | $5.44B |
High Forecast | $3.09B | $3.32B | $3.45B | $4.47B | $5.77B | $5.22B | $5.32B | $5.37B |
Low Forecast | $3.14B | $3.38B | $3.50B | $4.55B | $5.84B | $5.27B | $5.36B | $5.50B |
Surprise % | -0.11% | 1.08% | 0.47% | -0.74% | -1.02% | - | - | - |
Net Income Forecast
Annual
Jun 20 | Jun 21 | Jun 22 | Jun 23 | Jun 24 | Jun 25 | Jun 26 | Jun 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $234.22M | $310.67M | $397.09M | $150.38M | $465.09M | - | - | - |
Avg Forecast | $313.78M | $53.97M | $469.55M | $894.91M | $468.56M | $979.51M | $1.12B | $1.30B |
High Forecast | $251.02M | $20.07M | $375.64M | $883.13M | $374.85M | $967.68M | $1.10B | $1.19B |
Low Forecast | $376.54M | $87.88M | $563.46M | $902.32M | $562.27M | $991.34M | $1.13B | $1.41B |
Surprise % | -25.35% | 475.61% | -15.43% | -83.20% | -0.74% | - | - | - |