Investment Analysts’ Recent Ratings Changes for Open Text (OTEX)

Several analysts have recently updated their ratings and price targets for Open Text (NASDAQ: OTEX):

• 8/8/2026 – Open Text was downgraded by Wall Street Zen from “buy” to “hold”.
• 8/7/2026 – Open Text had its price target lowered by Scotiabank from $40.00 to $33.00. They now have a “sector outperform” rating on the stock.
• 8/7/2026 – Open Text had its price target raised by UBS Group AG from $25.00 to $27.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Open Text had its price target raised by Citigroup Inc. from $25.00 to $28.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Open Text had its price target lowered by Scotia from $40.00 to $33.00. They now have a “sector outperform” rating on the stock.
• 8/6/2026 – Open Text was downgraded by Raymond James Financial, Inc. from “outperform” to “market perform”. They now have a $29.50 price target on the stock, down from $35.00.
• 8/6/2026 – Open Text was downgraded by Raymond James Financial, Inc. from “outperform” to “market perform”. They now have a $29.50 price target on the stock, down from $35.00.
• 7/28/2026 – Open Text was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 7/20/2026 – Open Text was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 7/12/2026 – Open Text was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 6/24/2026 – Open Text had its “hold (c-)” rating reaffirmed by Weiss Ratings.

Open Text Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be paid a $0.28 dividend. This is an increase from Open Text’s previous quarterly dividend of $0.28. This represents a $1.12 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, September 4th. Open Text’s dividend payout ratio is 42.64%.

Open Text Corporation is a Canadian enterprise information management (EIM) software company that develops solutions for organizations seeking to manage, protect and extract insight from their unstructured and structured data. The company’s platform encompasses document management, records management, digital asset management and archiving, enabling companies to govern information across its lifecycle.

Open Text’s product suite includes content services, business process management, customer experience management, analytics and security products.