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OTEX Stock Forecast 2026-2027
$23.47
Current Price
$5.97B
Market Cap
Buy 3
Hold 9
Sell 0
Wall St Analyst Ratings
Distance to OTEX Price Targets
+113.0%
To High Target of $50.00
+19.3%
To Median Target of $28.00
+10.8%
To Low Target of $26.00
OTEX Price Momentum
+12.6%
1 Week Change
+3.8%
1 Month Change
-8.0%
1 Year Change
-28.0%
Year-to-Date Change
-41.2%
From 52W High of $39.90
+17.4%
From 52W Low of $20.00
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Latest OTEX Stock Price Targets & Analyst Predictions
Based on our analysis of 14 Wall Street analysts, OTEX has a neutral consensus with a median price target of $28.00 (ranging from $26.00 to $50.00). The overall analyst rating is Buy (6.5/10). Currently trading at $23.47, the median forecast implies a 19.3% upside. This outlook is supported by 3 Buy, 9 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Paul Steep at Scotiabank, projecting a 113.0% upside. Conversely, the most conservative target is provided by Steven Enders at Citigroup, suggesting a 10.8% 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.
OTEX Analyst Ratings
3
Buy
9
Hold
0
Sell
OTEX Price Target Range
Low
$26.00
Average
$28.00
High
$50.00
Current: $23.47
Latest OTEX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for OTEX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Feb 9, 2026 | Citigroup | Steven Enders | Neutral | Maintains | $26.00 |
| Feb 6, 2026 | RBC Capital | Paul Treiber | Sector Perform | Maintains | $30.00 |
| Jan 16, 2026 | CIBC | Stephanie Price | Neutral | Maintains | $37.00 |
| Dec 23, 2025 | Citigroup | Steven Enders | Neutral | Maintains | $36.00 |
| Nov 7, 2025 | UBS | Seth Gilbert | Neutral | Maintains | $38.00 |
| Nov 6, 2025 | Jefferies | Samad Samana | Hold | Maintains | $35.00 |
| Oct 30, 2025 | Citigroup | Steven Enders | Neutral | Maintains | $38.00 |
| Oct 29, 2025 | CIBC | Stephanie Price | Neutral | Maintains | $40.00 |
| Oct 21, 2025 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $39.00 |
| Oct 3, 2025 | TD Securities | Daniel Chan | Hold | Downgrade | $40.00 |
| Oct 3, 2025 | TD Cowen | Daniel Chan | Hold | Reinstates | $40.00 |
| Sep 24, 2025 | Scotiabank | Paul Steep | Sector Outperform | Upgrade | $50.00 |
| Sep 15, 2025 | National Bank Financial Inc | Richard Tse | Outperform | Upgrade | $45.00 |
| Sep 2, 2025 | RBC Capital | Paul Treiber | Sector Perform | Maintains | $35.00 |
| Aug 12, 2025 | Scotiabank | Kevin Krishnaratne | Sector Perform | Maintains | $35.00 |
| Aug 12, 2025 | Jefferies | Samad Samana | Hold | Downgrade | $33.00 |
| 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 |
Open Text Corporation (OTEX) Competitors
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.
OTEX
OpenText
mkt cap
5.97B
Open Text Corporation (OTEX) Financial Data
Open Text Corporation has a market capitalization of $5.97B with a P/E ratio of 13.7x. The company generates $5.18B in trailing twelve-month revenue with a 8.4% profit margin.
Revenue growth is -0.6% quarter-over-quarter, while maintaining an operating margin of +23.5% and return on equity of +10.5%.
Valuation Metrics
Market Cap
$5.97B
Enterprise Value
$11.20B
P/E Ratio
13.7x
PEG Ratio
-0.6x
Price/Sales
1.2x
Growth & Margins
Revenue Growth (YoY)
-0.6%
Gross Margin
+74.0%
Operating Margin
+23.5%
Net Margin
+8.4%
EPS Growth
-26.9%
Financial Health
Cash/Price Ratio
+21.7%
Current Ratio
0.9x
Debt/Equity
163.0x
ROE
+10.5%
ROA
+4.9%
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Open Text Corporation (OTEX) Business Model
About Open Text Corporation
What They Do
Develops cloud and AI information management solutions.
Business Model
The company generates revenue by offering a comprehensive suite of information management software and cloud solutions that assist organizations in managing and leveraging their data securely and efficiently. Its business model is built around subscription-based services and licensing for its various specialized cloud platforms, which cater to a wide range of industries, including enterprise and government sectors.
Additional Information
Founded in 1991 and headquartered in Waterloo, Ontario, Open Text Corporation focuses on digital transformation and compliance solutions, emphasizing security and efficiency. Its diverse offerings include cloud platforms for content management, cybersecurity, application automation, and analytics, positioning it as a key player in the information management landscape.
Company Information
Sector
Technology
Industry
Software - Application
Employees
21,200
CEO
Mr. Mark J. Barrenechea
Country
Canada
IPO Year
1996
Website
www.opentext.comOpen Text Corporation (OTEX) Latest News & Analysis
Latest News
OpenText and S3NS Partner to Deliver European Sovereign Cloud Solutions with Google Cloud
6 days ago
Quick Summary
OpenText partnered with S3NS (Thales and Google Cloud) to offer a secure hybrid cloud platform for European organizations, ensuring data residency and compliance while utilizing cloud services.
Why It Matters
The partnership enhances OpenText's position in the growing European cloud market, offering secure AI solutions, which could drive revenue growth and attract investors focused on tech and cybersecurity.
Source: PRNewsWire
Market Sentiment:
Neutral
OpenText Enterprise Data and AI Solutions to be Available on AWS European Sovereign Cloud
6 days ago
Quick Summary
OpenText will launch a hybrid sovereign cloud architecture for EU organizations, leveraging AWS European Sovereign Cloud to provide secure, AI-ready data solutions while ensuring data governance in Europe.
Why It Matters
OpenText's hybrid sovereign cloud for EU organizations enhances its market position, catering to regulatory needs and expanding AI capabilities, potentially driving growth and investor confidence.
Source: PRNewsWire
Market Sentiment:
Neutral
OpenText to Report Third Quarter Fiscal Year 2026 Financial Results on Thursday, May 7, 2026
9 days ago
Quick Summary
Open Text Corporation (NASDAQ: OTEX) expects Q3 FY26 revenue of around US$1.28 billion. Full financial results will be released on May 7, 2026, at 4:00 p.m.
Why It Matters
Preliminary revenue expectations of $1.28 billion indicate potential growth or stability for OpenText, influencing investor sentiment and stock performance ahead of the full earnings release.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
OpenText's report with Ponemon Institute reveals 52% of enterprises have deployed GenAI, but security and governance measures are lagging, highlighting risks in AI scalability.
Why It Matters
The report highlights the gap between AI adoption and security measures, indicating potential risks for companies and investors. Poor security could lead to significant financial losses and reputational damage.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Open Text Corporation (OTEX) participated in the 29th Annual Scotiabank Telecom, Media & Technology Conference, presenting key insights and updates relevant to investors.
Why It Matters
Open Text's presentation at a major conference signals potential insights into its growth strategy and market positioning, influencing investor sentiment and stock performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
OpenText (NASDAQ: OTEX, TSX: OTEX) has increased its Fiscal 2026 share repurchase program by $200 million, now totaling $500 million, with a cap of 24,906,456 shares for cancellation.
Why It Matters
OpenText's increased share repurchase program signals strong financial health and confidence in future performance, potentially boosting share value and appealing to shareholders.
Source: PRNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About OTEX Stock
What is Open Text Corporation's (OTEX) stock forecast for 2026?
Based on our analysis of 14 Wall Street analysts, Open Text Corporation (OTEX) has a median price target of $28.00. The highest price target is $50.00 and the lowest is $26.00.
Is OTEX stock a good investment in 2026?
According to current analyst ratings, OTEX has 3 Buy ratings, 9 Hold ratings, and 0 Sell ratings. The stock is currently trading at $23.47. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for OTEX stock?
Wall Street analysts predict OTEX stock could reach $28.00 in the next 12 months. This represents a 19.3% increase from the current price of $23.47. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Open Text Corporation's business model?
The company generates revenue by offering a comprehensive suite of information management software and cloud solutions that assist organizations in managing and leveraging their data securely and efficiently. Its business model is built around subscription-based services and licensing for its various specialized cloud platforms, which cater to a wide range of industries, including enterprise and government sectors.
What is the highest forecasted price for OTEX Open Text Corporation?
The highest price target for OTEX is $50.00 from Paul Steep at Scotiabank, which represents a 113.0% increase from the current price of $23.47.
What is the lowest forecasted price for OTEX Open Text Corporation?
The lowest price target for OTEX is $26.00 from Steven Enders at Citigroup, which represents a 10.8% increase from the current price of $23.47.
What is the overall OTEX consensus from analysts for Open Text Corporation?
The overall analyst consensus for OTEX is neutral. Out of 14 Wall Street analysts, 3 rate it as Buy, 9 as Hold, and 0 as Sell, with a median price target of $28.00.
How accurate are OTEX stock price projections?
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.
Important Disclaimer
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.
Last updated: April 19, 2026 7:09 PM UTC