Open Text Corporation (OTEX) Social Stream
OPEN TEXT CORP (OTEX) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering OPEN TEXT CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-03 | 5 | $63 | $55 | $58.833 | $40.88 | 43.92% |
| 2022-02-04 | 4 | $62 | $56.001 | $59 | $40.88 | 44.32% |
| 2022-04-25 | 3 | $62 | $56.001 | $59 | $40.88 | 44.32% |
| 2022-05-05 | 4 | $62 | $57 | $59.75 | $40.88 | 46.16% |
| 2022-08-04 | 3 | $60 | $60 | $60 | $40.88 | 46.77% |
| 2022-08-05 | 3 | $60 | $48 | $54.333 | $40.88 | 32.91% |
| 2022-08-26 | 5 | $60 | $43 | $51.5 | $40.88 | 25.98% |
| 2022-11-03 | 6 | $60 | $34 | $47 | $40.88 | 14.97% |
| 2022-11-04 | 6 | $60 | $30 | $46.333 | $40.88 | 13.34% |
| 2023-02-03 | 6 | $60 | $30 | $41.666 | $40.88 | 1.92% |
| 2023-02-06 | 6 | $60 | $34 | $42.5 | $40.88 | 3.96% |
| 2023-03-22 | 7 | $60 | $34 | $42.285 | $40.88 | 3.44% |
| 2023-05-04 | 8 | $60 | $34 | $42.375 | $40.88 | 3.66% |
| 2023-05-05 | 8 | $60 | $34 | $43.375 | $40.88 | 6.1% |
| 2023-05-11 | 8 | $60 | $34 | $42.927 | $40.88 | 5.01% |
| 2023-07-23 | 8 | $60 | $34 | $44.052 | $40.88 | 7.76% |
| 2023-08-03 | 8 | $60 | $37.42 | $45.802 | $40.88 | 12.04% |
| 2023-10-12 | 8 | $60 | $37.42 | $46.052 | $40.88 | 12.65% |
| 2023-10-16 | 8 | $60 | $37.42 | $45.302 | $40.88 | 10.82% |
| 2023-10-25 | 8 | $60 | $37.42 | $44.677 | $40.88 | 9.29% |
| 2023-11-03 | 8 | $60 | $37.42 | $46.177 | $40.88 | 12.96% |
| 2023-11-29 | 8 | $60 | $37.42 | $46.552 | $40.88 | 13.87% |
| 2023-12-01 | 9 | $60 | $37.42 | $47.052 | $40.88 | 15.1% |
The Trend in the Analyst Price Target
OTEX's average price target has moved down $5.27 over the prior 35 months.
Over the past 44 weeks, OTEX's average upside potential has been 17.69%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-25 | 6 | 60 | 30.00 | 42.666 | 33.03 | 29.17% |
| 2023-04-20 | 8 | 60 | 34.00 | 42.375 | 38.23 | 10.84% |
| 2023-08-03 | 8 | 60 | 37.42 | 45.802 | 40.48 | 13.15% |
| 2023-09-06 | 8 | 60 | 37.42 | 46.552 | 39.94 | 16.55% |
| 2023-11-03 | 8 | 60 | 37.42 | 46.177 | 36.30 | 27.21% |
OTEX Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.88 | 4 | 1 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 31 weeks, OTEX's average broker recommendation rating worsened by 0.01.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- OTEX has a lower variance in analysts' estimates than -1529.77% of all US stocks.
- In terms of how OPEN TEXT CORP fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is higher than 303.83% of that group.
- In terms of how OPEN TEXT CORP fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 959.97% of that group.
- In terms of how OPEN TEXT CORP fares relative to stocks in the large market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 1802.92% of that group.
Stocks similar to OPEN TEXT CORP in the Computers industry regarding analyst recommendations and price targets are JKHY, UIS, and PANW.
View All Top Stocks by Price Target
What is the outlook for OTEX? Use POWR Ratings for clearer insight into price direction.