Open Text Corporation (OTEX)

Open Text Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Open Text stock have an average target of 33.5, with a low estimate of 32 and a high estimate of 35. The average target predicts an increase of 13.75% from the current stock price of 29.45.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$33.5	$34	$35
Change	+8.66%	+13.75%	+15.45%	+18.85%

Analyst Ratings

The average analyst rating for Open Text stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	6	6	6	6	6	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raimo Lenschow Barclays	Barclays	Hold Maintains $36 → $34	Hold	Maintains	$36 → $34	+15.45%	Nov 1, 2024
Thanos Moschopoulos BMO Capital	BMO Capital	Hold Maintains $33 → $32	Hold	Maintains	$33 → $32	+8.66%	Nov 1, 2024
Paul Treiber RBC Capital	RBC Capital	Buy → Hold Downgrades $45 → $33	Buy → Hold	Downgrades	$45 → $33	+12.05%	Nov 1, 2024
Kevin Krishnaratne Scotiabank	Scotiabank	Hold Maintains $40 → $35	Hold	Maintains	$40 → $35	+18.85%	Nov 1, 2024
Steven Enders Citigroup	Citigroup	Hold Maintains $32 → $34	Hold	Maintains	$32 → $34	+15.45%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.45B

Decreased by -5.59%

from 5.77B

Revenue Next Year

5.59B

Increased by 2.70%

from 5.45B

EPS This Year

3.67

Increased by 114.81%

from 1.71

EPS Next Year

4.28

Increased by 16.56%

from 3.67

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	3.11B	3.39B	3.49B	4.48B	5.77B	5.45B	5.59B	5.79B
Revenue Growth	8.40%	8.89%	3.18%	28.37%	28.64%	-5.59%	2.70%	3.47%
EPS	0.86	1.14	1.46	0.56	1.71	3.67	4.28	5.01
EPS Growth	-18.87%	32.55%	28.08%	-61.89%	207.36%	114.81%	16.56%	16.97%
Forward PE	-	-	-	-	-	8.02	6.88	5.88
No. Analysts	-	-	-	-	-	11	11	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	5.7B	5.8B	6.0B
Avg	5.4B	5.6B	5.8B
Low	5.2B	5.3B	5.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-2.1%	6.9%	6.5%
Avg	-5.6%	2.7%	3.5%
Low	-9.9%	-3.1%	-0.6%

EPS Forecast

EPS	2025	2026	2027
High	3.91	4.90	5.16
Avg	3.67	4.28	5.01
Low	3.27	3.81	4.81

EPS Growth

EPS Growth	2025	2026	2027
High	128.4%	33.5%	20.4%
Avg	114.8%	16.6%	17.0%
Low	91.4%	3.8%	12.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.