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Home โบ Stocks โบ Open Text Corporation (OTEX) Stock Forecast & Price Prediction Canada | NASDAQ | Technology | Software - Application
$27.15
-0.25 (-0.93%)10 Quality Stocks Worth Considering Now
Researching Open Text (OTEX) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 11 Wall Street analysts, OTEX has a neutral consensus with a median price target of $30.00 (ranging from $28.00 to $48.00). The overall analyst rating is Buy (7.0/10). Currently trading at $27.15, the median forecast implies a 10.5% upside. This outlook is supported by 4 Buy, 8 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Thanos Moschopoulos at BMO Capital, projecting a 76.8% upside. Conversely, the most conservative target is provided by Seth Gilbert at UBS, suggesting a 3.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for OTEX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 2, 2025 | CIBC | Stephanie Price | Neutral | Maintains | $31.00 |
May 2, 2025 | UBS | Seth Gilbert | Neutral | Maintains | $28.00 |
Apr 21, 2025 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $29.00 |
Feb 7, 2025 | RBC Capital | Paul Treiber | Sector Perform | Maintains | $31.00 |
Feb 7, 2025 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $36.00 |
Jan 16, 2025 | Citigroup | Steven Enders | Neutral | Maintains | $30.00 |
Dec 17, 2024 | UBS | Seth Gilbert | Neutral | Initiates | $32.00 |
Nov 1, 2024 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $34.00 |
Nov 1, 2024 | RBC Capital | Paul Treiber | Sector Perform | Downgrade | $33.00 |
Nov 1, 2024 | BMO Capital | Thanos Moschopoulos | Market Perform | Maintains | $32.00 |
Nov 1, 2024 | Scotiabank | Kevin Krishnaratne | Sector Perform | Maintains | $35.00 |
Sep 25, 2024 | Citigroup | Steven Enders | Neutral | Maintains | $34.00 |
Aug 5, 2024 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $36.00 |
Jul 19, 2024 | CIBC | Stephanie Price | Neutral | Maintains | $33.00 |
Jun 26, 2024 | Citigroup | Steven Enders | Neutral | Maintains | $32.00 |
Jun 21, 2024 | CIBC | Stephanie Price | Neutral | Maintains | $36.00 |
May 3, 2024 | Scotiabank | Paul Steep | Sector Perform | Downgrade | $0.00 |
May 3, 2024 | BMO Capital | Thanos Moschopoulos | Market Perform | Downgrade | $38.00 |
May 3, 2024 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $38.00 |
Mar 22, 2024 | Citigroup | Steven Enders | Neutral | Maintains | $42.00 |
The following stocks are similar to Open Text based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Open Text Corporation has a market capitalization of $7.04B with a P/E ratio of 11.1x. The company generates $5.22B in trailing twelve-month revenue with a 12.6% profit margin.
Revenue growth is -13.3% quarter-over-quarter, while maintaining an operating margin of +16.7% and return on equity of +15.9%.
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Provides enterprise information management software solutions.
Open Text generates revenue by offering a wide array of software products that help organizations manage, secure, and leverage their data. Their solutions include enterprise content management, digital asset management, and compliance software, which are essential for businesses looking to optimize their information lifecycle and improve operational efficiency.
The company serves various sectors, including healthcare, financial services, and manufacturing, and is known for its role in supporting digital transformation. Headquartered in Waterloo, Canada, Open Text emphasizes innovation and strategic acquisitions to enhance its product offerings and expand its global presence.
Technology
Software - Application
21,800
Mr. Mark J. Barrenechea
Canada
1996
Open Text (OTEX) delivered earnings and revenue surprises of 1.23% and 2.04%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Open Text Corporation (NASDAQ: OTEX) will hold its Q3 2025 Earnings Conference Call on May 1, 2025, at 8:30 AM ET, featuring key executives and financial analysts.
The earnings call indicates upcoming financial performance insights for Open Text Corporation, which can impact stock valuation and investor sentiment.
OpenText reported Q3 FY2025 results: Cloud revenues at $463M (+1.8% Y/Y), A-EBITDA margin at 31.5%, EPS at $0.35. Total revenues missed expectations due to demand volatility.
OpenText's mixed Q3 results highlight strong cloud revenue and margins but disappointing total revenue, indicating demand volatility. This could impact future growth projections and investor sentiment.
Open Text (OTEX) reported quarterly earnings of $0.82 per share, surpassing estimates of $0.81, but down from $0.94 per share year-over-year.
Open Text's earnings beat estimates, indicating strong performance, but the year-over-year decline could raise concerns about growth sustainability, impacting investor sentiment and stock valuation.
BMO and Catalent Pharma Solutions are partnering with OpenText to enhance business operations using its information management solutions, including the latest OpenText Cloud Editions 25.2.
BMO and Catalent's partnership with OpenText signals enhanced operational efficiency and innovation, potentially boosting their competitiveness and profitability, which could positively influence their stock performance.
OpenText will participate in RSA Conference 2025, a leading cybersecurity event in North America, focusing on the theme "Unite."
OpenText's participation in RSA Conference 2025 highlights its commitment to cybersecurity, potentially enhancing brand reputation and attracting investors focused on tech resilience and security solutions.
Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) will release its Q3 fiscal year 2025 financial results on April 30, 2025, after market close.
OpenText's upcoming financial results can impact stock performance, influencing investor sentiment and market valuation, particularly if results differ from expectations.
Based on our analysis of 11 Wall Street analysts, Open Text Corporation (OTEX) has a median price target of $30.00. The highest price target is $48.00 and the lowest is $28.00.
According to current analyst ratings, OTEX has 4 Buy ratings, 8 Hold ratings, and 0 Sell ratings. The stock is currently trading at $27.15. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict OTEX stock could reach $30.00 in the next 12 months. This represents a 10.5% increase from the current price of $27.15. Please note that this is a projection by Wall Street analysts and not a guarantee.
Open Text generates revenue by offering a wide array of software products that help organizations manage, secure, and leverage their data. Their solutions include enterprise content management, digital asset management, and compliance software, which are essential for businesses looking to optimize their information lifecycle and improve operational efficiency.
The highest price target for OTEX is $48.00 from Thanos Moschopoulos at BMO Capital, which represents a 76.8% increase from the current price of $27.15.
The lowest price target for OTEX is $28.00 from Seth Gilbert at UBS, which represents a 3.1% increase from the current price of $27.15.
The overall analyst consensus for OTEX is neutral. Out of 11 Wall Street analysts, 4 rate it as Buy, 8 as Hold, and 0 as Sell, with a median price target of $30.00.
Stock price projections, including those for Open Text Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.