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NASDAQ: OTEX
Open Text Corp Stock Forecast, Predictions & Price Target

Analyst price target for OTEX

Based on 2 analysts offering 12 month price targets for Open Text Corp.
Min Forecast
$34.00-8.99%
Avg Forecast
$34.50-7.66%
Max Forecast
$35.00-6.32%

Should I buy or sell OTEX stock?

Based on 2 analysts offering ratings for Open Text Corp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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OTEX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 3%
3
HoldMaintains$35.00-6.32%2023-02-06
BMO Capital
Top 34%
67
BuyMaintains$34.00-8.99%2022-11-04

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OTEX vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
OTEX$37.36$34.50-7.66%Buy
PCTY$181.39$293.67+61.90%Buy
U$28.07$39.95+42.32%Buy
CDAY$68.81$82.40+19.75%Buy
GRAB$2.77$3.75+35.38%Buy

Open Text Stock Forecast FAQ

Is Open Text Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: OTEX) stock is to Buy OTEX stock.

Out of 2 analysts, 0 (0%) are recommending OTEX as a Strong Buy, 1 (50%) are recommending OTEX as a Buy, 1 (50%) are recommending OTEX as a Hold, 0 (0%) are recommending OTEX as a Sell, and 0 (0%) are recommending OTEX as a Strong Sell.

If you're new to stock investing, here's how to buy Open Text stock.

What is OTEX's Price Target?

According to 2 Wall Street analysts that have issued a 1 year OTEX price target, the average OTEX price target is $34.50, with the highest OTEX stock price forecast at $35.00 and the lowest OTEX stock price forecast at $34.00.

On average, Wall Street analysts predict that Open Text's share price could fall to $34.50 by Feb 6, 2024. The average Open Text stock price prediction forecasts a potential downside of 7.66% from the current OTEX share price of $37.36.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.