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

OverviewForecast
EarningsDividendOwnership

Analyst price target for OTEX

Based on 2 analysts offering 12 month price targets for Open Text Corp.
Min Forecast
$48.00+39.25%
Avg Forecast
$50.50+46.5%
Max Forecast
$53.00+53.76%

Should I buy or sell OTEX stock?

Based on 2 analysts offering ratings for Open Text Corp.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their OTEX stock forecasts and price targets.

OTEX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-02
lockedlocked$00.00+00.00%2023-11-29

1 of 1

Forecast return on equity

Is OTEX forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
20.01%

Forecast return on assets

Is OTEX forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

OTEX revenue forecast

What is OTEX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.9B+4.19%
Avg 2 year Forecast
$5.9B+4.2%
Avg 3 year Forecast
$5.8B+1.83%
OTEX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OTEX earnings growth forecast

How is OTEX forecast to perform vs Software - Application companies and vs the US market?
Company
264.66%
Industry
12.04%
Market
28.52%
OTEX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
OTEX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
OTEX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

OTEX revenue growth forecast

How is OTEX forecast to perform vs Software - Application companies and vs the US market?
Company
1.79%
Industry
14.04%
Market
9.45%
OTEX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OTEX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OTEX vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
OTEX$34.47$50.50+46.50%Buy
U$23.94$30.32+26.64%Buy
MNDY$187.92$235.15+25.14%Strong Buy
DAY$58.60$76.88+31.19%Buy
ESTC$95.18$117.07+23.00%Strong Buy
View Top App Stocks

Open Text Stock Forecast FAQ

Is Open Text Stock a good buy in 2024, 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, 2 (100%) are recommending OTEX as a Buy, 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: OTEX) Open Text's forecast annual revenue growth rate of 1.79% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.45%.

Open Text's revenue in 2024 is $5,695,801,000.On average, 3 Wall Street analysts forecast OTEX's revenue for 2024 to be $1,614,511,738,681, with the lowest OTEX revenue forecast at $1,605,062,815,500, and the highest OTEX revenue forecast at $1,623,017,755,470. On average, 3 Wall Street analysts forecast OTEX's revenue for 2025 to be $1,614,557,170,121, with the lowest OTEX revenue forecast at $1,529,325,614,172, and the highest OTEX revenue forecast at $1,661,131,196,225.

In 2026, OTEX is forecast to generate $1,577,912,769,909 in revenue, with the lowest revenue forecast at $1,577,912,769,909 and the highest revenue forecast at $1,577,912,769,909.

What is OTEX's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: OTEX) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

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 $50.50, with the highest OTEX stock price forecast at $53.00 and the lowest OTEX stock price forecast at $48.00.

On average, Wall Street analysts predict that Open Text's share price could reach $50.50 by Feb 2, 2025. The average Open Text stock price prediction forecasts a potential upside of 46.5% from the current OTEX share price of $34.47.

What is OTEX's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: OTEX) forecast ROE is N/A, which is considered weak.
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