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OTEX Stock Forecast: Open Text Corp. Price Predictions for 2026-2027

Last close, 5 Oct 2026
$23
+1.26% on the day

The 12 Wall Street analysts covering Open Text Corp. hold a median 12-month price target of $27 — +20.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 3 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$5.4B
Ticker Nerd rank
76 / 100
Median analyst target
$27
Analysts covering
12
Revenue$1.3B+2.9% y/y
Operating income$338.6M
Net income$155.7M
Free cash flow$122.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.3%
1M
−6.1%
YTD
−28.6%
1Y
−38.2%
From 52W high
−40.9%
From 52W low
+13.7%
$20
$38
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

OTEX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Open Text Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Oct 2026
76 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
99
Value
98
Volatility
88
Accruals
72
Growth
69
Quality
57
Revisions
45
Momentum
26
Size
22

Issuance (99): The share count has been shrinking and the company is not leaning on new borrowing.

Momentum (26): The shares have been drifting down relative to others.

Size (22): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

OTEX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on OTEX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$25$30$35$40Jan 26Apr 26Jul 26Oct 26OTEXHigh $33Median $27Low $25

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says12 analysts
2 Buy10 Hold0 Sell
Low $25Median $27High $33

The green dot is the last close — the median target sits +20.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
8 Aug 2026ScotiabankMaintainsSector Outperform—
7 Aug 2026CitigroupMaintainsNeutral$25 → $28
7 Aug 2026ScotiabankMaintainsSector Outperform$40 → $33
7 Aug 2026UBSMaintainsNeutral$25 → $27
11 May 2026BarclaysMaintainsEqual-Weight—
11 May 2026BarclaysMaintainsEqual-Weight$25 → $27
11 May 2026CitigroupMaintainsNeutral$26 → $25
11 May 2026CitigroupMaintainsNeutral—
8 May 2026RBC CapitalMaintainsSector Perform—
8 May 2026RBC CapitalMaintainsSector Perform$30 → $27
8 May 2026ScotiabankMaintainsSector Outperform$50 → $40
8 May 2026ScotiabankMaintainsSector Outperform—
21 Apr 2026BarclaysMaintainsEqual-Weight—
9 Feb 2026CitigroupMaintainsNeutral—
6 Feb 2026RBC CapitalMaintainsSector Perform—
16 Jan 2026CIBCMaintainsNeutral—
23 Dec 2025CitigroupMaintainsNeutral—
7 Nov 2025UBSMaintainsNeutral—
6 Nov 2025JefferiesMaintainsHold—
30 Oct 2025CitigroupMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. OTEX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

OTEX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 5 Oct 2026, Open Text Corp. returned −38.2% against +16.2% for the S&P 500, dividends included.

OTEX vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120Jan 26Apr 26Jul 26Oct 26OTEXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

OTEX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−13.0%
Analysts raising
0
Analysts cutting
6
Fundamentals

Open Text Corp. (OTEX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
8.6×

Cheaper than 60% of US stocks

Price / sales
1.0×

Cheaper than 68% of US stocks

Price / book
1.3×

Cheaper than 61% of US stocks

EV / EBITDA
6.3×

Cheaper than 50% of US stocks

Growth & margins
Revenue growth (YoY)
2.9%

Higher than 34% of US stocks

Earnings growth (YoY)
439.9%

Higher than 95% of US stocks

Gross margin
75.0%

Higher than 87% of US stocks

Operating margin
24.1%

Higher than 83% of US stocks

Net margin
12.3%

Higher than 74% of US stocks

Returns & dividend
Return on equity
16.2%

Higher than 76% of US stocks

Return on assets
5.6%

Higher than 79% of US stocks

Dividend yield
5.0%

Higher than 89% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Open Text Corp. (OTEX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Open Text Corp. has a market value of $5.4B and an enterprise value of $10.3B.

  • Revenue in the twelve months to 30 June 2026: $5.2B. The latest quarter grew 2.9% year on year.

  • Net income over the same four quarters: $643.3M, a 12.3% net margin.

  • Diluted earnings per share, trailing twelve months: $2.58.

  • Free cash flow in the twelve months to 30 June 2026: $807.5M.

  • Open Text Corp. spent $469.3M on share buybacks and $268.4M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 242.1M.

  • Trailing P/E: 8.6×; forward P/E: 5.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 5.04%, paying out 43% of earnings.

  • Open Text Corp. employs 19,900 people — $264K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 5 Oct 2026

Data provided by Twelve Data

Peers

OTEX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application
CompanyMarket capTKN rank
OTEXOpen Text Corp.$5.4B
76
NAVNNavan, Inc.$5.3B
29
YOUClear Secure, Inc.$5.6B
94
PEGAPegasystems, Inc.$5.7B
64
OCTVOctave Intelligence plc$5.1B
1
NIQNIQ Global Intelligence plc$4.9B
81
LYFTLyft, Inc.$6.2B
54

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Open Text Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest OTEX news & analysis

OpenText Completes $1.0 Billion Senior Secured Notes Offering

PRNewsWire · 1 Oct 2026neutral

OpenText announced the closing of its offering of $500 million in 6.700% senior secured notes due 2031 and $500 million in 7.150% senior secured notes due 2033, totalling $1.0 billion. The Company also executed an amendment to its revolving credit facility extending its maturity from December 19, 2028 to October 1, 2031.

Why it matters — OpenText watchers would care because this debt financing and the extended revolver maturity affect the company's capital structure and debt obligations.

Open Text: Debt Explains The Discount, Not All Of It

Seeking Alpha · 1 Oct 2026positive

Seeking Alpha rates Open Text Corporation as Buy, noting its shares trade at a steep discount to historical and sector multiples despite strong cloud momentum, with cloud bookings up 22.5% in fiscal 2026 and 24.1% in Q4 driven by new customer engagements. Management is prioritizing growth through increased sales investment, accepting near-term margin and cash flow pressure to reignite organic expansion.

Why it matters — OTEX watchers would care because the article highlights improving cloud and AI momentum alongside a discounted valuation, while noting the company is accepting short-term margin and cash flow pressure to prioritize organic growth.

OpenText Announces Pricing Terms and Results of Cash Tender Offer

PRNewsWire · 30 Sept 2026neutral

OpenText announced the pricing terms and results of its cash tender offer to purchase up to $300,000,000 in aggregate principal amount of its outstanding 3.875% Senior Notes due 2028. The offer was made under the terms of the previously announced Offer to Purchase dated September 23, 2026, as amended.

Why it matters — OTEX watchers would follow this because it reflects the company's debt management activity involving its outstanding senior notes.

OpenText Announces Amendments to its Previously Announced Tender Offer for a Portion of its Outstanding 3.875% Senior Notes due 2028

PRNewsWire · 25 Sept 2026neutral

OpenText announced amendments to the terms of its previously announced cash tender offer for a portion of its outstanding 3.875% Senior Notes due 2028. The company, headquartered in Waterloo, Ontario, disclosed the changes on September 25, 2026.

Why it matters — Investors tracking OTEX will want to note the revised terms of the tender offer as it affects the company's debt management and capital structure.

OpenText Announces Pricing of Senior Secured Notes Offering to Redeem its Outstanding 2027 Notes and Fund Tender Offer for a Portion of its Outstanding 2028 Notes

PRNewsWire · 23 Sept 2026neutral

OpenText Corporation announced the pricing of a senior secured notes offering, consisting of $500 million of 6.700% notes due 2031 and $500 million of 7.150% notes due 2033. Proceeds will be used to redeem its outstanding 2027 notes and fund a tender offer for a portion of its outstanding 2028 notes.

Why it matters — OTEX watchers would care because the refinancing reshapes the company's debt maturity profile, replacing near-term obligations with longer-dated senior secured notes.

FAQ

Frequently asked questions about OTEX stock

What is the OTEX stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Open Text Corp. have a median 12-month price target of $27, with estimates ranging from $25 to $33. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is OTEX stock a buy right now?

Of the 12 analysts covering Open Text Corp., 2 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Open Text Corp. 76 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank OTEX?

As at 3 Oct 2026, Open Text Corp. ranks 76 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (99 of 100).

Will OTEX stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +20.0% from the last close, and Ticker Nerd's factor model ranks Open Text Corp. 76 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the OTEX stock forecast for 2030?

No analyst covering Open Text Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for OTEX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $25 to $33 over the next 12 months.

How has OTEX stock performed over the past year?

Open Text Corp. returned -38.2% over the 12 months to 5 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Open Text Corp. do?

Open Text Corp. is a Canadian enterprise software company focused on information management, cloud services, and AI-enabled business solutions.

What is the latest news on OTEX?

The most recent item we track (PRNewsWire, 1 Oct 2026): "OpenText Completes $1.0 Billion Senior Secured Notes Offering". OpenText announced the closing of its offering of $500 million in 6.700% senior secured notes due 2031 and $500 million in 7.150% senior secured notes due 2033, totalling $1.0 billion. The Company also executed an amendment to its revolving credit facility extending its maturity from December 19, 2028 to October 1, 2031.

Company

About Open Text Corp.

Open Text Corp. is a Canadian enterprise software company focused on information management, cloud services, and AI-enabled business solutions. Open Text Corp. provides organizations with tools to collect, connect, secure, govern, and use data across content, business network, cybersecurity, IT operations, application automation, and analytics workflows. Its products support document and records management, digital process automation, enterprise content management, secure file sharing, email encryption, and information discovery for businesses, governments, and other large organizations. The company also offers managed services, consulting, and cloud-based subscriptions that help customers organize unstructured information and integrate it into daily operations. Open Text Corp. plays a significant role in the enterprise software market by helping companies manage critical information assets in secure, scalable environments.

CEO Mr. Ayman Antoun · 19,900 employees · Canada · https://www.opentext.com