OPEN TEXT CORP (OTEX.CA) Forecast, Price Target & Analyst Ratings
TSX:OTEX • CA6837151068
33.84 CAD
+0.34 (+1.01%)
Last: Mar 3, 2026, 07:00 PM
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
CA$55.08
+ 62.77% Upside
Next Earnings Forecast
Release DateApr 28, 2026
PeriodQ3 / 2026
EPS Estimate$0.94
Revenue Estimate1.299B
ChartMill Buy Consensus
78.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$55.08
Upside
+ 62.77%
From current price of CA$33.84 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
-12.32%
Price Target Summary
10 analysts have analysed OTEX.CA and the average price target is 55.08 CAD. This implies a price increase of 62.77% is expected in the next year compared to the current price of 33.84.
The average price target has been revised downward by 12.32% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
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
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-11-21 | Scotiabank Capital | Downgrade | Outperform |
| 2022-11-07 | Scotiabank Capital | Maintains | Outperform |
| 2022-11-04 | Raymond James Capital | Upgrade | Outperform |
| 2022-11-04 | TD Research | Maintains | Buy |
| 2022-10-07 | Scotiabank Capital | Maintains | Outperform |
| 2022-08-30 | RBC Royalbank | Downgrade | Outperform |
| 2022-08-26 | Raymond James Capital | Downgrade | Outperform |
| 2022-08-26 | BMO Financial | Upgrade | Outperform |
| 2022-08-05 | Raymond James Capital | Downgrade | Outperform |
| 2022-08-05 | BMO Financial | Initiate | Outperform |
| 2022-08-05 | TD Research | Upgrade | Buy |
| 2022-06-18 | National Bank of Canada Financial | Reiterate | Buy |
| 2022-05-05 | Raymond James Capital | Upgrade | Outperform |
| 2022-05-05 | RBC Royalbank | Downgrade | Outperform |
| 2022-05-05 | TD Research | Downgrade | Buy |
| 2022-03-02 | Scotiabank Capital | Maintains | Outperform |
| 2022-02-04 | Scotiabank Capital | Maintains | Outperform |
| 2022-02-04 | Raymond James Financial | Upgrade | Outperform |
| 2022-01-25 | Raymond James Financial | Upgrade | Outperform |
| 2022-01-19 | Scotiabank Capital | Maintains | Outperform |
| 2021-11-25 | ScotiaBankFinancial | Maintains | Outperform |
| 2021-11-09 | Sbank | Initiate | Outperform |
| 2021-11-05 | RJ Financial | Initiate | Outperform |
| 2021-08-06 | RBC Capital | Upgrade | Outperform |
| 2021-08-06 | CIBC World Markets | Upgrade | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 28, 2026
PeriodQ3 / 2026
EPS Estimate$0.94
Revenue Estimate1.299B
Revenue Q2Q3.56%
EPS Q2Q14.23%
Number of Analysts9
Next Earnings Revisions
Revenue (1 Month)
-1.22%
Revenue (3 Months)
-1.52%
EPS (1 Month)
-7.86%
EPS (3 Months)
-6.13%
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 1.52% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2030 | 2031 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 4.485B 28.37% | 5.77B 28.64% | 5.168B -10.42% | 5.313B 2.80% | 5.369B 1.05% | 5.424B 1.02% | 6.546B | 6.693B 2.25% | |
| EBITDA YoY % growth | 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/A | N/A | |
| EBIT YoY % growth | 685.451M -0.90% | 1.022B 49.16% | 1.039B 1.58% | 1.745B 68.02% | 1.797B 2.98% | 1.812B 0.83% | 2.446B | 2.517B 2.90% | |
| Operating Margin | 15.28% | 17.72% | 20.09% | 32.84% | 33.47% | 33.41% | 37.37% | 37.61% | |
| EPS YoY % growth | 3.30 2.48% | 4.17 26.36% | 3.83 -8.15% | 4.21 9.99% | 4.56 8.20% | 4.87 6.82% | N/A | N/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 14.23% | 1.06 9.15% | 1.15 9.45% | 1.13 -0.41% | 1.15 22.32% | 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 | 431.89M -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 | 397.55M 86.69% | 441.2M 68.90% | 448.8M 54.71% | 445.74M 42.92% | 436.56M 9.81% | 481.44M 9.12% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
8.33%
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 62.77% is expected in the next year compared to the current price of 33.84.
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.