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Home โบ Stocks โบ Open Text Corporation (OTEX) Stock Forecast & Price Prediction Canada | NASDAQ | Technology | Software - Application
$33.52
-0.25 (-0.74%)Did OTEX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if OpenText is one of their latest high-conviction picks.
Based on our analysis of 14 Wall Street analysts, OTEX has a neutral consensus with a median price target of $39.00 (ranging from $35.00 to $50.00). The overall analyst rating is Buy (6.5/10). Currently trading at $33.52, the median forecast implies a 16.3% 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 49.2% upside. Conversely, the most conservative target is provided by Samad Samana at Jefferies, suggesting a 4.4% 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 |
|---|---|---|---|---|---|
| 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 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $36.00 |
| Feb 7, 2025 | RBC Capital | Paul Treiber | Sector Perform | Maintains | $31.00 |
| Jan 16, 2025 | Citigroup | Steven Enders | Neutral | Maintains | $30.00 |
| Dec 17, 2024 | UBS | Seth Gilbert | Neutral | Initiates | $32.00 |
| Nov 1, 2024 | BMO Capital | Thanos Moschopoulos | Market Perform | Maintains | $32.00 |
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Open Text Corporation has a market capitalization of $8.55B with a P/E ratio of 17.5x. The company generates $5.19B in trailing twelve-month revenue with a 9.6% profit margin.
Revenue growth is +1.5% quarter-over-quarter, while maintaining an operating margin of +22.5% and return on equity of +12.3%.
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Provides enterprise information management software solutions.
The company generates revenue by offering a wide range of software products that help organizations manage, secure, and leverage their data effectively. Key offerings include enterprise content management, compliance software, and analytics, which enable businesses to enhance productivity and reduce operational costs.
Open Text serves various sectors, including healthcare and finance, and supports digital transformation initiatives by ensuring seamless integration across IT environments. Headquartered in Waterloo, Canada, the company focuses on continuous innovation and strategic acquisitions to expand its market presence.
Technology
Software - Application
21,200
Mr. Mark J. Barrenechea
Canada
1996
CRM's Q3 results are expected to reflect the benefits of accelerated AI and cloud adoptions. However, macro headwinds and slower deal cycles may limit the upside.
Open Text Corporation (OTEX) presented at the UBS Global Technology and AI Conference 2025, highlighting its strategies and developments in technology and AI.
Open Text's presentation at a major tech conference highlights its strategic position in AI and technology, potentially influencing investor sentiment and stock performance.
OpenText (NASDAQ: OTEX, TSX: OTEX) has been named a Leader in the IDC MarketScape for Worldwide Analytical Databases 2025, highlighting its AI-powered analytics capabilities.
OpenText's recognition as a leader in the IDC MarketScape enhances its credibility and market position, potentially driving stock performance and attracting investment in AI-driven analytics solutions.
OpenText announced the launch of its AI Data Platform (AIDP), designed to securely integrate data management and AI for scalable enterprise automation.
OpenText's AI Data Platform enhances data management and security, potentially increasing enterprise efficiency and market competitiveness, influencing investor confidence and stock performance.
OpenText has expanded its partnership with Google Cloud to provide new AI solutions, enhanced data protection for retailers, and sovereign cloud integration globally.
OpenText's partnership with Google Cloud enhances its AI capabilities and data protection, potentially boosting revenue and market share in the fast-growing tech sector.
Open Text (OTEX) may be nearing a trend reversal as it is in oversold territory, with Wall Street analysts raising earnings estimates.
Open Text (OTEX) may be poised for a rebound, with oversold conditions and analysts raising earnings estimates, suggesting potential upside for investors seeking value.
Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
The emphasis on earnings estimates and revisions highlights potential stock performance, guiding investors to identify promising investment opportunities based on current market trends.
Based on our analysis of 14 Wall Street analysts, Open Text Corporation (OTEX) has a median price target of $39.00. The highest price target is $50.00 and the lowest is $35.00.
According to current analyst ratings, OTEX has 3 Buy ratings, 9 Hold ratings, and 0 Sell ratings. The stock is currently trading at $33.52. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict OTEX stock could reach $39.00 in the next 12 months. This represents a 16.3% increase from the current price of $33.52. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by offering a wide range of software products that help organizations manage, secure, and leverage their data effectively. Key offerings include enterprise content management, compliance software, and analytics, which enable businesses to enhance productivity and reduce operational costs.
The highest price target for OTEX is $50.00 from Paul Steep at Scotiabank, which represents a 49.2% increase from the current price of $33.52.
The lowest price target for OTEX is $35.00 from Samad Samana at Jefferies, which represents a 4.4% increase from the current price of $33.52.
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 $39.00.
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.