On May 2, 2025, CIBC analyst Stephanie Price released an update on Open Text (OTEX, Financial), maintaining a 'Neutral' rating on the stock. This rating remains unchanged from the previous assessment.
However, there has been a notable adjustment in the price target for OTEX. CIBC has lowered the price target to $31.00 USD, down from the previous target of $33.00 USD. This represents a percentage change of -6.06% from the prior target.
Investors and market observers are advised to note the updated price target and continued 'Neutral' rating as they consider their investments in Open Text (OTEX, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Open Text Corp (OTEX, Financial) is $32.82 with a high estimate of $48.00 and a low estimate of $28.00. The average target implies an upside of 26.54% from the current price of $25.94. More detailed estimate data can be found on the Open Text Corp (OTEX) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Open Text Corp's (OTEX, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Open Text Corp (OTEX, Financial) in one year is $43.10, suggesting a upside of 66.15% from the current price of $25.94. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Open Text Corp (OTEX) Summary page.
