OPEN TEXT CORP (OTEX.CA) Forecast, Price Target & Analyst Ratings

TSX:OTEXCA6837151068

Current stock price

30.53 CAD
+0.26 (+0.86%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for OPEN TEXT CORP (OTEX.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$55.08
+ 80.41% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q3 / 2026
EPS Estimate
$0.94
Revenue Estimate
1.299B

ChartMill Buy Consensus

Rating
78.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$55.08
Upside
+ 80.41%
From current price of CA$30.53 to mean target of CA$55.08, Based on 10 analyst forecasts
Low
CA$54.54
Median
CA$55.08
High
CA$56.70

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for OTEX.CA. The average price target is 55.08 CAD. This implies a price increase of 80.41% is expected in the next year compared to the current price of 30.53.

Analyst Ratings & History

Current Analyst Ratings

OTEX Current Analyst RatingOTEX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

OTEX Historical Analyst RatingsOTEX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
78.00%
OTEX.CA was analyzed by 10 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about OTEX.CA.
In the previous month the buy percentage consensus was at a similar level.
OTEX.CA was analyzed by 10 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-21Scotiabank CapitalDowngrade Outperform
2022-11-07Scotiabank CapitalMaintains Outperform
2022-11-04Raymond James CapitalUpgrade Outperform
2022-11-04TD ResearchMaintains Buy
2022-10-07Scotiabank CapitalMaintains Outperform
2022-08-30RBC RoyalbankDowngrade Outperform
2022-08-26Raymond James CapitalDowngrade Outperform
2022-08-26BMO FinancialUpgrade Outperform
2022-08-05Raymond James CapitalDowngrade Outperform
2022-08-05BMO FinancialInitiate Outperform
2022-08-05TD ResearchUpgrade Buy
2022-06-18National Bank of Canada FinancialReiterate Buy
2022-05-05Raymond James CapitalUpgrade Outperform
2022-05-05RBC RoyalbankDowngrade Outperform
2022-05-05TD ResearchDowngrade Buy
2022-03-02Scotiabank CapitalMaintains Outperform
2022-02-04Scotiabank CapitalMaintains Outperform
2022-02-04Raymond James FinancialUpgrade Outperform
2022-01-25Raymond James FinancialUpgrade Outperform
2022-01-19Scotiabank CapitalMaintains Outperform
2021-11-25ScotiaBankFinancialMaintains Outperform
2021-11-09SbankInitiate Outperform
2021-11-05RJ FinancialInitiate Outperform
2021-08-06RBC CapitalUpgrade Outperform
2021-08-06CIBC World MarketsUpgrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q3 / 2026
EPS Estimate
$0.94
Revenue Estimate
1.299B
Revenue Q2Q
3.56%
EPS Q2Q
14.26%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-1.22%
EPS (1 Month)
0.03%
EPS (3 Months)
-5.86%

Next Earnings Summary

OTEX.CA is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 0.94 CAD and the consensus revenue estimate is 1.30B CAD.
The next earnings revenue estimate has been revised downward by 1.22% in the past 3 months.

Full Analyst Estimates 2026 - 2031

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2030 2031
Revenue
YoY % growth
OTEX.CA revenue by date.OTEX.CA revenue by date.
4.485B
28.37%
5.77B
28.64%
5.168B
-10.42%
5.313B
2.80%
5.369B
1.05%
5.424B
1.02%
6.546B6.693B
2.25%
EBITDA
YoY % growth
OTEX.CA ebitda by date.OTEX.CA ebitda by date.
1.343B
12.31%
1.83B
36.31%
1.68B
-8.22%
1.886B
12.27%
1.951B
3.45%
2.02B
3.54%
N/AN/A
EBIT
YoY % growth
OTEX.CA ebit by date.OTEX.CA ebit by date.
685.451M
-0.90%
1.022B
49.16%
1.039B
1.58%
1.734B
66.96%
1.678B
-3.23%
1.812B
7.99%
2.446B2.517B
2.90%
Operating Margin
OTEX.CA operating margin by date.OTEX.CA operating margin by date.
15.28%17.72%20.09%32.64%31.25%33.41%37.37%37.61%
EPS
YoY % growth
OTEX.CA eps by date.OTEX.CA eps by date.
3.30
2.48%
4.17
26.36%
3.83
-8.15%
4.22
10.07%
4.44
5.36%
5.88
32.36%
N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
0.94
14.26%
1.06
9.15%
1.15
9.45%
1.13
-0.41%
1.15
22.29%
1.24
17.21%
Revenue
Q2Q % growth
1.299B
3.56%
1.357B
3.55%
1.329B
3.17%
1.351B
1.83%
1.336B
2.85%
1.399B
3.10%
EBITDA
Q2Q % growth
431.88M
-37.71%
470.83M
-47.83%
478.94M
6.48%
492.07M
-21.85%
476.73M
10.38%
516.05M
9.60%
EBIT
Q2Q % growth
396.88M
86.38%
441.2M
68.90%
448.8M
54.71%
445.74M
42.92%
436.56M
10.00%
481.44M
9.12%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

OTEX.CA Yearly Revenue VS EstimatesOTEX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2030 2031 2B 4B 6B
OTEX.CA Yearly EPS VS EstimatesOTEX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
15.35%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.13%
Revenue Next 5 Year
4.54%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
7.06%
EBIT Next 5 Year
N/A

OPEN TEXT CORP / OTEX.CA Forecast FAQ

What is the average price target for OPEN TEXT CORP (OTEX.CA) stock?

10 analysts have analysed OTEX.CA and the average price target is 55.08 CAD. This implies a price increase of 80.41% is expected in the next year compared to the current price of 30.53.

When does OPEN TEXT CORP (OTEX.CA) report earnings?

OPEN TEXT CORP (OTEX.CA) will report earnings on 2026-04-28, after the market close.

Can you provide the consensus estimates for OPEN TEXT CORP next earnings?

The consensus EPS estimate for the next earnings of OPEN TEXT CORP (OTEX.CA) is 0.94 CAD and the consensus revenue estimate is 1.30B CAD.

How many analysts have analysed OPEN TEXT CORP (OTEX.CA)?

The number of analysts covering OPEN TEXT CORP (OTEX.CA) is 10.