Open Text Corp (OTEX) Stock Forecast & Price Target
Open Text Corp · NASDAQ
$24.79+1.17 (+4.93%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Open Text Corp, 2 rate it Buy or better, 8 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $25.00 to $45.00, a moderate spread. The average target of $35.40 sits 43% above the current $24.79. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.08 next quarter toward $4.47 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy220%
Hold880%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Open Text Corp.
As of Jul, 2 of 10 firms rate OTEX a Buy (8 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
OTEX EPS & revenue forecast
EPS · NEXT QUARTER
$1.08
Range $0.97 – $1.18 · 7 analysts · +3% YoY
Next period, 7 analysts expect Open Text Corp to earn $1.08 a share (range $0.97 – $1.18), versus $1.05 a year earlier. , growing to $4.47 the year after.
REVENUE · NEXT QUARTER
$1.3B
Range $1.3B – $1.3B · 7 analysts · -0% YoY
Revenue is expected to reach $1.3B (range $1.3B – $1.3B), -0.2% year-over-year., rising to $5.3B next year.
Top analysts covering Open Text Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on OTEX.
#1
Raimo Lenschow
Barclays · Rank #285
Hold
$27.00+8.9% to target
Overall win rate
37%
+ Follow
#2
Steven Enders
Citigroup
Hold
$25.00+0.9% to target
Coverage
—
+ Follow
#3
PT
Paul Treiber
RBC Capital
Hold
$27.00+8.9% to target
Coverage
—
+ Follow
#4
SP
Stephanie Price
CIBC
Hold
$27.00+8.9% to target
Coverage
—
+ Follow
#5
SG
Seth Gilbert
UBS
Hold
$38.00+53.3% to target
Coverage
—
+ Follow
OTEX stock forecast FAQ
What is OTEX's average 12-month price target?+
The 10 analysts with a live target average $35.40 for Open Text Corp over the next 12 months, ranging from a $45.00 high to a $25.00 low.
Is OTEX stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 2 are Buy or Strong Buy, 8 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for OTEX?+
The Street-high target is $45.00 (National Bank Financial Inc), and the Street-low is $25.00 (Citigroup). The average of all 10 active targets is $35.40.
How many Wall Street analysts cover OTEX?+
10 analysts have an active rating on Open Text Corp, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering OTEX?+
Among analysts who currently cover OTEX, Raimo Lenschow of Barclays has the strongest overall Quantellect track record (Rank #285). Their current call is Hold with a $27.00 target.
What is Open Text Corp's projected EPS for next quarter?+
The consensus estimate is $1.08 per share (range $0.97 – $1.18) across 7 analysts, rising to $4.47 the following year.
How much revenue is Open Text Corp expected to report next quarter?+
Consensus revenue is $1.3B (range $1.3B – $1.3B), growing to $5.3B next year.
Have analysts been upgrading or downgrading OTEX lately?+
As of Jul, 2 of 10 firms rate OTEX a Buy (8 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their OTEX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
