Open Text (OTEX) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

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.

$25 $29 $33 $37 $41 $45 High: $33 Avg: $33 Low: $33 Last Closed Price: $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
Total 9 0 6 3 Strong Sell Sell Hold Buy Strong Buy

OTEX Price Target Upside V Benchmarks


TypeNameUpside
StockOpen Text8.59%
SectorTechnology Stocks 13.91%

Price Target Trends


1M3M12M
# Anlaysts--5
Avg Price Target--$41.40
Last Closing Price$30.39$30.39$30.39
Upside/Downside--36.23%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25238--13
Jan, 25249--15
Dec, 24149--14
Nov, 242137--22
Oct, 243137--23
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Paul TreiberRBC Capital$33.00$28.9813.87%8.59%
May 03, 2024Steven LiRaymond James$48.00$29.2464.16%57.95%
May 03, 2024Raimo LenschowBarclays$38.00$35.477.13%25.04%
May 03, 2024Richard TseNational Bank$50.00$35.4740.96%64.53%
May 03, 2024Thanos MoschopoulosBMO Capital$38.00$35.477.13%25.04%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Nov 01, 2024ScotiabankSector PerformSector Performhold
Nov 01, 2024RBC CapitalOutperformSector Performdowngrade
Sep 25, 2024CitigroupNeutralNeutralhold
Aug 02, 2024National BankOutperformSector Performdowngrade
Jun 26, 2024CitigroupNeutralNeutralhold
May 06, 2024ScotiabankSector Performdowngrade
May 03, 2024Cowen & Co.BuyBuyhold
May 03, 2024Raymond JamesOutperformOutperformhold
May 03, 2024CitigroupNeutralNeutralhold
May 03, 2024BarclaysEqual-WeightEqual-Weighthold

Financial Forecast


EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 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

$3B $4B $4B $5B $5B $6B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 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

$0 $300M $600M $900M $1B $2B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 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%---

OTEX Forecast FAQ


Is Open Text stock a buy?

Open Text stock has a consensus rating of Hold, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 6 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Open Text is a neutral investment for most analysts.

What is Open Text's price target?

Open Text's price target, set by 9 Wall Street analysts, averages $33 over the next 12 months. The price target range spans from $33 at the low end to $33 at the high end, suggesting a potential 8.59% change from the previous closing price of $30.39.

How does Open Text stock forecast compare to its benchmarks?

Open Text's stock forecast shows a 8.59% upside, underperforming the average forecast for the technology stocks sector (13.91%).

What is the breakdown of analyst ratings for Open Text over the past three months?

  • February 2025: 15.38% Strong Buy, 23.08% Buy, 61.54% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 13.33% Strong Buy, 26.67% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 7.14% Strong Buy, 28.57% Buy, 64.29% Hold, 0% Sell, 0% Strong Sell.

What is Open Text’s EPS forecast?

Open Text's average annual EPS forecast for its fiscal year ending in June is $3.6 for 2025, a 110.53% increase from the reported $1.71 in 2024. The prediction for 2026 is $4.08, and $4.64 for 2027.

What is Open Text’s revenue forecast?

Open Text's average annual revenue forecast for its fiscal year ending in June is $5.24B for 2025, a -9.11% decrease from the reported $5.77B in 2024. The forecast for 2026 is $5.34B, and $5.44B for 2027.

What is Open Text’s net income forecast?

For its fiscal year ending in June, Open Text's average annual net income forecast is $979.51M for 2025, reflecting an 110.61% increase from the reported $465.09M in 2024. The projection for 2026 is $1.12B, and $1.3B for 2027.