The latest price target for Open Text (NASDAQ:OTEX) was reported by Barclays on November 1, 2024. The analyst firm set a price target for $34.00 expecting OTEX to rise to within 12 months (a possible 16.52% upside). 16 analyst firms have reported ratings in the last year.

The latest analyst rating for Open Text (NASDAQ:OTEX) was provided by Barclays, and Open Text maintained their equal-weight 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 November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

While ratings are subjective and will change, the latest Open Text (OTEX) rating was a maintained with a price target of $36.00 to $34.00. The current price Open Text (OTEX) is trading at is $29.18, which is out of the analyst’s predicted range.