Barclays keeps USD 27.00 target for Open Text stock
Published on 10/15/2026 at 22:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly figures
- Barclays analyst Raimo Lenschow maintained a USD 27.00 target on October 12, 2026.
- Open Text revenue reached USD 1.33 billion in the quarter ended June 30, 2026, up 2.90 percent year over year.
- Open Text stock was last at USD 25.83 on October 15, 2026, up 3.44 percent on Nasdaq versus its prior close.
- Open Text had a USD 6.3 billion market capitalization and a P/E ratio of 5.73 on October 15, 2026.
Barclays analyst Raimo Lenschow maintained a Hold rating and a USD 27.00 price target for Open Text on October 12, 2026, according to Markets Insider. The target stood 4.53 percent above the USD 25.83 Nasdaq price. Open Text was last at USD 25.83 on October 15, 2026 at 4:00 p.m. ET, up 3.44 percent on Nasdaq versus its prior close.
Quarterly revenue reached USD 1.33 billion
Open Text's latest reported quarter ended June 30, 2026. MarketBeat reported revenue of USD 1.33 billion, up 2.90 percent from the same quarter a year earlier. The report also cited earnings per share of USD 1.23 against a USD 1.02 consensus estimate.
Price position on Nasdaq
The October 15, 2026 Nasdaq price remained inside the 52-week range of USD 19.77 to USD 39.90 cited by MarketBeat on October 7, 2026. The current level was USD 6.06 above the reported low and USD 14.07 below the reported high.
Valuation and trading scale
Open Text had a market capitalization of USD 6.3 billion on October 15, 2026, with a P/E ratio of 5.73. The quarterly revenue comparison gives the valuation a concrete operating reference, while Barclays' USD 27.00 target provides a separate market benchmark.
Comparison with peers
Open Text (NASDAQ, USD): plus 3.44 percent, P/E 5.73, market capitalization USD 6.3 billion
DocuSign (NASDAQ, USD): plus 3.04 percent, P/E 47.27, market capitalization USD 14.5 billion
Salesforce (NYSE, USD): plus 4.57 percent, P/E 22.51, market capitalization USD 203.1 billion
Open Text stock in context
The market picture combines a 3.44 percent daily rise with a target that stood 4.53 percent above the latest Nasdaq price. Revenue growth of 2.90 percent in the quarter ended June 30, 2026 was positive, but the reported USD 1.33 billion still came with a wide gap between the market value of Open Text and its larger software peers.
The further course of trading is shown by the continuously updated real-time quote of Open Text stock.
Open Text market data
- Company: Open Text Corporation
- ISIN: CA6837151068
- Ticker: OTEX
- Primary exchange: NASDAQ
- Price Nasdaq (as of October 15, 2026, 4:00 p.m. ET): USD 25.83
- Nasdaq daily change: plus 3.44 percent
- Market capitalization: USD 6.3 billion (as of October 15, 2026)
- 52-week range: USD 19.77-USD 39.90 (as of October 7, 2026)
- Sector / Industry: Technology / Software - Application
Market context: Market report Nasdaq Composite.
