Open Text Corporation (OTEX) Social Stream



Open Text Corporation (OTEX): $29.91

0.16 (-0.53%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Software - Application

Industry

C

Ranked

#32 of 137

in industry

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.

What is the outlook for OTEX? Use POWR Ratings for clearer insight into price direction.


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