Open Text Corp [OTEX] stock prices are down -0.34% to $31.91 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OTEX shares have gain 2.80% over the last week, with a monthly amount glided 5.59%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Open Text Corp [NASDAQ: OTEX] stock has seen the most recent analyst activity on August 12, 2025, when Jefferies downgraded its rating to a Hold but kept the price target unchanged to $33 for it. Previously, UBS started tracking the stock with Neutral rating on December 17, 2024, and set its price target to $32. On November 01, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $33 on the stock. National Bank Financial downgraded its rating to a Sector Perform. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $38 on May 03, 2024. Jefferies started tracking with a Buy rating for this stock on February 27, 2024, and assigned it a price target of $45.
The stock price of Open Text Corp [OTEX] has been fluctuating between $22.79 and $34.20 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Open Text Corp [NASDAQ: OTEX] shares were valued at $31.91 at the most recent close of the market. An investor can expect a potential return of 9.68% based on the average OTEX price forecast.
Analyzing the OTEX fundamentals
The Open Text Corp [NASDAQ:OTEX] reported sales of 5.17B for trailing twelve months, representing a drop of -3.79%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.68 points at the first support level, and at 31.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.19, and for the 2nd resistance point, it is at 32.46.
Ratios To Look Out For
It’s worth pointing out that Open Text Corp [NASDAQ:OTEX]’s Current Ratio is 0.79. Also, the Quick Ratio is 0.79, while the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 19.39.
Transactions by insiders
Recent insider trading involved BRIAN SWEENEY, Officer, that happened on Nov 05 ’24 when 6787.0 shares were purchased.