OTEX icon

Open Text

28.46 USD
-0.23
0.80%
At close Jul 18, 4:00 PM EDT
After hours
28.46
+0.00
0.00%
1 day
-0.80%
5 days
2.01%
1 month
0.49%
3 months
14.34%
6 months
0.35%
Year to date
0.74%
1 year
-7.75%
5 years
-35.81%
10 years
48.23%
 

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

positive
0%
neutral
100%
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.
Open Text: Beyond The Headlines Lies A Profit-Focused Bargain
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.
3 AI Dividend Stocks With Healthy Yields
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.
Open Text: Solid Margins And AI Ambitions, But Still Waiting For A Turn
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.
OpenText Announces Chadwick Westlake to pursue CEO opportunity in Canadian banking sector
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.
AI in Action: OpenText Empowers Knowledge Workers Across Industries with Personalized AI Productivity Tools
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.
OpenText Appoints Kristen Ludgate to Board of Directors
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.
Open Text Corporation (OTEX) Jefferies Public Technology Conference (Transcript)
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.
Open Text Corporation (OTEX) Q3 2025 Earnings Call Transcript
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.
Open Text (OTEX) Q3 Earnings Surpass Estimates
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.
OpenText Reports Third Quarter Fiscal Year 2025 Financial Results
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