Open TextOTEX
OTEX
About: Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
Employees: 12,900
0
Funds holding %
of 7,321 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
97% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $9.76M
22% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 91
2.58% more ownership
Funds ownership: 65.75% [Q4 2024] → 68.33% (+2.58%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
7% less funds holding
Funds holding: 278 [Q4 2024] → 259 (-19) [Q1 2025]
7% less capital invested
Capital invested by funds: $4.95B [Q4 2024] → $4.6B (-$350M) [Q1 2025]
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
2%
downside
Avg. target
$29
3%
upside
High target
$31
9%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
UBS Seth Gilbert | 2%downside $28 | Neutral Maintained | 2 May 2025 |
CIBC Stephanie Price | 9%upside $31 | Neutral Maintained | 2 May 2025 |
Barclays Raimo Lenschow | 2%upside $29 | Equal-Weight Maintained | 21 Apr 2025 |
Financial journalist opinion
Based on 6 articles about OTEX published over the past 30 days
Positive
Seeking Alpha
2 days ago
Open Text: Beyond The Headlines Lies A Profit-Focused Bargain
Open Text's recent pullback offers an attractive valuation leading into Q4 earnings despite the company's Q3 revenue miss and lowered guidance. Open Text is aggressively pursuing AI-driven cost savings, aiming for up to $400 million in annualized expense reductions and improved bottom-line performance. The company trades at a steep discount to sector and direct competitors, with robust cash flows and a diversified Fortune 500-heavy customer base.
Positive
24/7 Wall Street
3 days ago
3 AI Dividend Stocks With Healthy Yields
These three companies pay handsome dividends and also have AI exposure. They also don't come with nosebleed valuations.
Positive
Seeking Alpha
3 days ago
Open Text: Solid Margins And AI Ambitions, But Still Waiting For A Turn
I recommend a cautious buy, because of a relatively cheap valuation, expanding margins, and solid free cash flow generation. The company's leadership in its sector, coupled with effective cost controls, supports my positive outlook for continued earnings growth. Management's guidance for the next fiscal year is conservative, providing potential for upside surprises as macroeconomic conditions improve.
Neutral
PRNewsWire
1 week ago
OpenText Announces Chadwick Westlake to pursue CEO opportunity in Canadian banking sector
Fourth Quarter Fiscal Year 2025 Financial Results to be Released on Thursday, August 7, 2025 Company Reports Strong Preliminary Q4FY25 Revenue Expectations of approximately US$1.31 Billion WATERLOO, ON , July 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) announced today that Chadwick Westlake will step down as EVP, Chief Financial Officer to assume the President & Chief Executive Officer role at his former employer, EQB, following the unexpected passing of its CEO. Mr. Westlake's departure will be effective August 15, 2025, post-completion of OpenText's fiscal year-end reporting.
Neutral
PRNewsWire
1 week ago
AI in Action: OpenText Empowers Knowledge Workers Across Industries with Personalized AI Productivity Tools
Company expands Aviator strategy with the introduction of MyAviator, a Secure Personal AI Assistant WATERLOO, ON , July 8, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), continues to set the benchmark in Information Management with its AI-first strategy, leveraging agentic AI and its suite of Aviator solutions. By embedding AI-driven automation into diverse industry use cases, OpenText is redefining work by enabling organizations to bring Digital Knowledge Workers into their daily workflows to realize the benefits of complex multi-layered process automation.
Neutral
PRNewsWire
3 weeks ago
OpenText Appoints Kristen Ludgate to Board of Directors
WATERLOO, ON , June 26, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Kristen Ludgate to its board of directors. Ms. Ludgate is a seasoned executive and strategic advisor on global workforce and human resource strategies.
Neutral
Seeking Alpha
1 month ago
Open Text Corporation (OTEX) Jefferies Public Technology Conference (Transcript)
Open Text Corporation (NASDAQ:OTEX ) Jefferies Public Technology Conference Call May 29, 2025 2:00 PM ET Company Participants Chadwick Westlake - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Samad Samana Hi, everybody. Thank you for joining us.
Neutral
Seeking Alpha
2 months ago
Open Text Corporation (OTEX) Q3 2025 Earnings Call Transcript
Open Text Corporation (NASDAQ:OTEX ) Q3 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Greg Secord - Head of Investor Relations Mark Barrenechea - Chief Executive Officer, Chief Technology Officer Chadwick Westlake - Executive Vice President, Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Samad Samana - Jefferies Richard Tse - Nashville Bank Financials Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Operator Thank you for standing by. This is the conference operator.
Positive
Zacks Investment Research
2 months ago
Open Text (OTEX) Q3 Earnings Surpass Estimates
Open Text (OTEX) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.94 per share a year ago.
Neutral
PRNewsWire
2 months ago
OpenText Reports Third Quarter Fiscal Year 2025 Financial Results
Announces Expansion and Final Phase of Business Optimization Plan Fiscal 2025 Third Quarter Highlights (in millions(1)) Cloud Revenues Profitability EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $463 $93 $395 $0.35 $0.82 $402 $374 +1.8% Y/Y 7.4% margin 31.5% margin -2.8% Y/Y -12.8% Y/Y +4.6% Y/Y +7.4% Y/Y "On the strength of our operating model, OpenText delivered solid Q3 Cloud revenues, A-EBITDA margin and free cash flows, however, total revenues fell short of our expectations given demand volatility," said Mark J. Barrenechea, OpenText CEO & CTO.
Charts implemented using Lightweight Charts™