
Open Text (OTEX) Stock Forecast & Price Target
Open Text (OTEX) Analyst Ratings
Bulls say
OpenText Corp reported a significant increase in enterprise cloud bookings, rising 10% year-over-year to reach $772 million in FY25. Additionally, the cloud revenue from DevOps and OSM experienced a robust growth of over 10% year-over-year during the same fiscal year. These developments indicate strong demand for OpenText's Information Management solutions, positioning the company favorably in the competitive technology landscape.
Bears say
Open Text is facing a challenging outlook as its anticipated organic growth rates appear to be lagging behind consensus expectations, with projections indicating a decline in its Application Development and Maintenance (ADM) product group by 0% to 5% annually over the medium term. Furthermore, the company's current leverage is positioned at 2.9x net debt to EBITDA, which would only marginally improve to 2.3x if it divests certain businesses at a valuation of 2x sales. This combination of underwhelming growth and elevated leverage levels raises concerns about Open Text's financial stability and overall market performance.
This aggregate rating is based on analysts' research of Open Text and is not a guaranteed prediction by Public.com or investment advice.
Open Text (OTEX) Analyst Forecast & Price Prediction
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