Open Text Corp has a consensus price target of $33.38 based on the ratings of 9 analysts. The high is $38 issued by Citigroup on October 16, 2023. The low is $30 issued by Citigroup on January 16, 2025. The 3 most-recent analyst ratings were released by Barclays, RBC Capital, and Citigroup on February 7, 2025, February 7, 2025, and January 16, 2025, respectively. With an average price target of $32.33 between Barclays, RBC Capital, and Citigroup, there's an implied 26.75% upside for Open Text Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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02/07/2025 | Buy Now | 41.12% | Barclays | Raimo Lenschow70% | $34 → $36 | Maintains | Equal-Weight | Get Alert |
02/07/2025 | Buy Now | 21.52% | RBC Capital | Paul Treiber58% | $33 → $31 | Maintains | Sector Perform | Get Alert |
01/16/2025 | Buy Now | 17.6% | Citigroup | Steven Enders64% | $33 → $30 | Maintains | Neutral | Get Alert |
12/17/2024 | Buy Now | 25.44% | UBS | Seth Gilbert1% | → $32 | Initiates | → Neutral | Get Alert |
11/01/2024 | Buy Now | 33.28% | Barclays | Raimo Lenschow70% | $36 → $34 | Maintains | Equal-Weight | Get Alert |
11/01/2024 | Buy Now | 25.44% | BMO Capital | Thanos Moschopoulos74% | $33 → $32 | Maintains | Market Perform | Get Alert |
11/01/2024 | Buy Now | 29.36% | RBC Capital | Paul Treiber58% | $45 → $33 | Downgrade | Outperform → Sector Perform | Get Alert |
11/01/2024 | Buy Now | 37.2% | Scotiabank | Kevin Krishnaratne32% | $40 → $35 | Maintains | Sector Perform | Get Alert |
09/25/2024 | Buy Now | 33.28% | Citigroup | Steven Enders64% | $32 → $34 | Maintains | Neutral | Get Alert |
08/05/2024 | Buy Now | 41.12% | Barclays | Raimo Lenschow70% | $38 → $36 | Maintains | Equal-Weight | Get Alert |
07/19/2024 | Buy Now | 29.36% | CIBC | Stephanie Price49% | $36 → $33 | Maintains | Neutral | Get Alert |
06/26/2024 | Buy Now | 25.44% | Citigroup | Steven Enders64% | $37 → $32 | Maintains | Neutral | Get Alert |
06/21/2024 | Buy Now | 41.12% | CIBC | Stephanie Price49% | $38.5 → $36 | Maintains | Neutral | Get Alert |
05/03/2024 | Buy Now | — | Scotiabank | Paul Steep27% | — | Downgrade | Sector Outperform → Sector Perform | Get Alert |
05/03/2024 | Buy Now | 48.96% | Barclays | Raimo Lenschow70% | $44 → $38 | Maintains | Equal-Weight | Get Alert |
05/03/2024 | Buy Now | 48.96% | BMO Capital | Thanos Moschopoulos74% | $50 → $38 | Downgrade | Outperform → Market Perform | Get Alert |
03/22/2024 | Buy Now | 64.64% | Citigroup | Steven Enders64% | $44 → $42 | Maintains | Neutral | Get Alert |
02/02/2024 | Buy Now | 107.76% | RBC Capital | Paul Treiber58% | $53 → $53 | Reiterates | Outperform → Outperform | Get Alert |
11/30/2023 | Buy Now | 107.76% | RBC Capital | Paul Treiber58% | $50 → $53 | Maintains | Outperform | Get Alert |
11/29/2023 | Buy Now | 88.16% | BMO Capital | Thanos Moschopoulos74% | $45 → $48 | Maintains | Outperform | Get Alert |
10/17/2023 | Buy Now | 76.4% | BMO Capital | Thanos Moschopoulos74% | $50 → $45 | Maintains | Outperform | Get Alert |
10/16/2023 | Buy Now | 48.96% | Citigroup | Steve Enders39% | $44 → $38 | Maintains | Neutral | Get Alert |
10/12/2023 | Buy Now | 56.8% | Barclays | Raimo Lenschow70% | $44 → $40 | Maintains | Equal-Weight | Get Alert |
08/07/2023 | Buy Now | 72.48% | Barclays | Raimo Lenschow70% | $43 → $44 | Maintains | Equal-Weight | Get Alert |
08/01/2023 | Buy Now | 88.16% | BMO Capital | Thanos Moschopoulos74% | $43 → $48 | Maintains | Outperform | Get Alert |
06/22/2023 | Buy Now | 72.48% | Citigroup | Steve Enders39% | $41 → $44 | Maintains | Neutral | Get Alert |
02/06/2023 | Buy Now | 37.2% | Citigroup | Steve Enders39% | $33 → $35 | Maintains | Neutral | Get Alert |
11/04/2022 | Buy Now | 33.28% | BMO Capital | Thanos Moschopoulos74% | $43 → $34 | Maintains | Outperform | Get Alert |
09/01/2022 | Buy Now | 33.28% | Citigroup | Steven Enders64% | → $34 | Initiates | → Neutral | Get Alert |
08/26/2022 | Buy Now | 72.48% | CIBC | Stephanie Price49% | $51 → $44 | Downgrade | Outperformer → Neutral | Get Alert |
08/26/2022 | Buy Now | 68.56% | BMO Capital | Thanos Moschopoulos74% | $46 → $43 | Maintains | Outperform | Get Alert |
The latest price target for Open Text (NASDAQ:OTEX) was reported by Barclays on February 7, 2025. The analyst firm set a price target for $36.00 expecting OTEX to rise to within 12 months (a possible 41.12% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Open Text (NASDAQ:OTEX) was provided by Barclays, and Open Text maintained their equal-weight rating.
There is no last upgrade for Open Text
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.
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 February 7, 2025 so you should expect the next rating to be made available sometime around February 7, 2026.
While ratings are subjective and will change, the latest Open Text (OTEX) rating was a maintained with a price target of $34.00 to $36.00. The current price Open Text (OTEX) is trading at is $25.51, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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