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Open Text

OTEXNASDAQ
Logo brought to you by Benzinga Data
$27.60
0.180.66%
At close: -
$27.60
0.000.00%
After Hours: Dec 20, 4:01 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$38.00
Lowest Price Target1
$32.00
Consensus Price Target1
$33.88

Open Text (NASDAQ:OTEX) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Aug
1
Sep
2
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.5
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Barclays
BMO Capital
RBC Capital
Scotiabank

1calculated from analyst ratings

Analyst Ratings for Open Text

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FAQ

Q

What is the target price for Open Text (OTEX) stock?

A

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.

Q

What is the most recent analyst rating for Open Text (OTEX)?

A

The latest analyst rating for Open Text (NASDAQ:OTEX) was provided by UBS, and Open Text initiated their neutral rating.

Q

When was the last upgrade for Open Text (OTEX)?

A

There is no last upgrade for Open Text

Q

When was the last downgrade for Open Text (OTEX)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Open Text (OTEX)?

A

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.

Q

Is the Analyst Rating Open Text (OTEX) correct?

A

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.