Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Open Text Corp has a consensus price target of $33.88 based on the ratings of 9 analysts. The high is $38 issued by Citigroup on October 16, 2023. The low is $32 issued by UBS on December 17, 2024. The 3 most-recent analyst ratings were released by UBS, Barclays, and BMO Capital on December 17, 2024, November 1, 2024, and November 1, 2024, respectively. With an average price target of $32.67 between UBS, Barclays, and BMO Capital, there's an implied 18.36% upside for Open Text Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Open Text (NASDAQ:OTEX) was reported by UBS on December 17, 2024. The analyst firm set a price target for $32.00 expecting OTEX to rise to within 12 months (a possible 15.94% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Open Text (NASDAQ:OTEX) was provided by UBS, and Open Text initiated their neutral rating.
There is no last upgrade for Open Text
The last downgrade for Open Text Corp happened on November 1, 2024 when RBC Capital changed their price target from $45 to $33 for Open Text Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Open Text, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Open Text was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Open Text (OTEX) rating was a initiated with a price target of $0.00 to $32.00. The current price Open Text (OTEX) is trading at is $27.60, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.