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OTEX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
24.815
Open
23.180
VWAP
24.20
Vol
5.15M
Mkt Cap
6.00B
Low
23.065
Amount
124.72M
EV/EBITDA(TTM)
6.23
Total Shares
242.66M
EV
10.96B
EV/OCF(TTM)
11.19
P/S(TTM)
1.20
Open Text Corporation is a Canada-based information management company, which provides software and services. Its comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, information technology (IT) operations management cloud, application modernization cloud and analytics cloud. It also accelerates information modernization with intelligent tools and services for moving off paper, automating classification and building clean data lakes for Artificial Intelligence (AI), analytics and automation.
Show More

Events Timeline

(ET)
2026-05-07
16:10:00
OpenText Reports Q3 Revenue of $1.28B, Exceeding Expectations
select
2026-04-20 (ET)
2026-04-20
07:20:00
OpenText Appoints James McGourlay as President and Chief Client Officer
select
2026-04-13 (ET)
2026-04-13
05:30:00
OpenText Forms Strategic Partnership with S3NS
select
2026-04-13
05:20:00
OpenText Launches Data and AI Solutions on AWS European Sovereign Cloud
select
2026-02-10 (ET)
2026-02-10
08:10:00
OpenText Increases FY26 Share Repurchase Program by $200M to $500M
select

News

NASDAQ.COM
2.0
05-08NASDAQ.COM
Open Text (OTEX) Q3 2026 Earnings Transcript
seekingalpha
8.0
05-08seekingalpha
Open Text Declares Quarterly Dividend of $0.275 per Share
  • Quarterly Dividend Announcement: Open Text has declared a quarterly dividend of $0.275 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flows, which is likely to attract more investor interest.
  • Dividend Yield: The forward yield of 4.64% reflects the company's appeal in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
  • Payment Schedule: The dividend will be payable on June 19, with a record date of June 5 and an ex-dividend date also on June 5, ensuring shareholders receive timely returns and further solidifying the relationship between the company and its investors.
  • Future Cash Flow Expectations: Open Text anticipates a 22%-25% growth in free cash flow for fiscal 2026, indicating an uplift in cloud targets, which may provide stronger support for future dividend payments.
seekingalpha
9.5
05-08seekingalpha
OpenText Reports Record Cloud Revenue in Q3 Earnings Call
  • Strong Financial Performance: OpenText generated approximately $1.28 billion in total revenues for Q3, exceeding expectations, with cloud revenue reaching $493 million, a 6.6% year-over-year increase, indicating sustained growth potential in its cloud business.
  • Increased Share Buyback Program: The company expanded its share buyback program from $300 million to $500 million and repurchased 9.7 million shares in Q3, reducing the share count by 6.7% year-over-year, reflecting confidence in its stock value.
  • Upgraded Cloud Revenue Growth Outlook: OpenText raised its fiscal 2026 cloud revenue growth forecast from 3%-4% to 4%-5%, while also increasing the enterprise cloud bookings growth range from 12%-16% to 16%-20%, demonstrating strong market demand.
  • Leadership Transition and Strategic Restructuring: New CEO Ayman Antoun emphasized a focus on enhancing engagement with ecosystem partners and strengthening execution across the company's operating model to drive future growth and competitive positioning.
seekingalpha
9.5
05-07seekingalpha
Open Text Q3 Earnings Exceed Expectations
  • Strong Earnings Performance: Open Text reported a Q3 non-GAAP EPS of $1.01, beating expectations by $0.09, indicating a sustained enhancement in profitability that could boost investor confidence and drive stock price appreciation.
  • Stable Revenue Growth: The company achieved Q3 revenues of $1.28 billion, a 2.4% year-over-year increase, exceeding market expectations by $10 million, demonstrating its ability to maintain stable revenue growth in a competitive market, thereby strengthening its market position.
  • Cloud Business Expansion: Cloud revenues reached $493 million, up 6.6% year-over-year, marking 21 consecutive quarters of organic growth, reflecting the company's robust performance in the cloud computing sector, which may attract more enterprise clients.
  • Robust Enterprise Cloud Bookings: Quarterly enterprise cloud bookings totaled $196 million, a remarkable 29.6% year-over-year increase, indicating strong demand in the enterprise market that could lay the groundwork for future revenue growth.
PRnewswire
5.0
04-20PRnewswire
OpenText Appoints New President and Chief Client Officer
  • Leadership Transition: Effective April 20, 2026, James McGourlay transitions from Interim CEO to President and Chief Client Officer, overseeing global client experience and professional services, aimed at enhancing client satisfaction and driving growth in core products.
  • Accelerating Cloud Migration: In his new role, McGourlay will focus on supporting clients' cloud adoption, further solidifying OpenText's position as a trusted partner in enterprise AI data and security, thereby enhancing market competitiveness.
  • Extensive Leadership Experience: With over 30 years at OpenText, McGourlay has held various senior leadership roles, ensuring continuity in client engagement and execution of strategic priorities during the leadership transition.
  • Acknowledgment of Former Leadership: Paul Duggan will step down as President and Chief Customer Officer on April 20, 2026, continuing as Executive Vice President, Special Advisor, with OpenText expressing gratitude for his contributions during the leadership transition, ensuring team stability.
seekingalpha
7.5
04-13seekingalpha
Open Text Partners with S3NS for Trusted Cloud Platform
  • Strategic Partnership: Open Text (OTX) has formed a strategic partnership with S3NS, a collaboration between Thales and Google Cloud, to create a trusted cloud platform for European organizations, leveraging Google Cloud technology to ensure high security and compliance standards.
  • Compliance Assurance: The platform meets France's stringent data residency and regulatory compliance standards, particularly suited for sensitive data management in sectors like finance and healthcare, ensuring clients' compliance while utilizing cloud services.
  • Hybrid Cloud Architecture: The hybrid trusted cloud architecture offered by Open Text and S3NS allows organizations to manage sensitive data locally while using cloud services for less sensitive information, enhancing flexibility in data management.
  • Initial Service Offerings: The initial services will include dedicated private cloud solutions and sovereign SaaS, supporting GDPR and SecNum 3.2 compliance, thereby boosting clients' confidence in data security and privacy protection.
Wall Street analysts forecast OTEX stock price to rise
8 Analyst Rating
Wall Street analysts forecast OTEX stock price to rise
1 Buy
7 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
26.00
Averages
31.88
High
50.00
Current: 0.000
sliders
Low
26.00
Averages
31.88
High
50.00
TD Securities
Hold
downgrade
$28 -> $27
AI Analysis
2026-05-11
New
Reason
TD Securities
Price Target
$28 -> $27
AI Analysis
2026-05-11
New
downgrade
Hold
Reason
TD Securities lowered the firm's price target on OpenText to $27 from $28 and keeps a Hold rating on the shares. The firm sees the company's growth challenges remaining post the fiscal Q3 report.
Citi
Hold
to
Neutral
downgrade
$26 -> $25
2026-05-11
New
Reason
Citi
Price Target
$26 -> $25
2026-05-11
New
downgrade
Hold
to
Neutral
Reason
Citi lowered the firm's price target on OpenText to $25 from $26 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OTEX
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Valuation Metrics

The current forward P/E ratio for Open Text Corp (OTEX.O) is 5.20, compared to its 5-year average forward P/E of 10.07. For a more detailed relative valuation and DCF analysis to assess Open Text Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.07
Current PE
5.20
Overvalued PE
12.86
Undervalued PE
7.28

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.74
Current EV/EBITDA
2.83
Overvalued EV/EBITDA
10.60
Undervalued EV/EBITDA
6.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.09
Current PS
1.19
Overvalued PS
2.97
Undervalued PS
1.22

Financials

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Whales Holding OTEX

N
NewSouth Capital Management, Inc.
Holding
OTEX
+14.91%
3M Return
L
Letko, Brosseau & Associates Inc.
Holding
OTEX
+12.08%
3M Return
L
Lyrical Asset Management LP
Holding
OTEX
+10.58%
3M Return
1
1832 Asset Management L.P.
Holding
OTEX
+7.68%
3M Return
S
Scheer, Rowlett & Associates Investment Management Ltd.
Holding
OTEX
+7.65%
3M Return
G
Guardian Capital LP
Holding
OTEX
+5.92%
3M Return

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Frequently Asked Questions

What is Open Text Corp (OTEX) stock price today?

The current price of OTEX is 24.72 USD — it has increased 4.35

What is Open Text Corp (OTEX)'s business?

Open Text Corporation is a Canada-based information management company, which provides software and services. Its comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, information technology (IT) operations management cloud, application modernization cloud and analytics cloud. It also accelerates information modernization with intelligent tools and services for moving off paper, automating classification and building clean data lakes for Artificial Intelligence (AI), analytics and automation.

What is the price predicton of OTEX Stock?

Wall Street analysts forecast OTEX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OTEX is31.88 USD with a low forecast of 26.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Open Text Corp (OTEX)'s revenue for the last quarter?

Open Text Corp revenue for the last quarter amounts to 1.28B USD, increased 2.24

What is Open Text Corp (OTEX)'s earnings per share (EPS) for the last quarter?

Open Text Corp. EPS for the last quarter amounts to 0.70 USD, increased 100.00

How many employees does Open Text Corp (OTEX). have?

Open Text Corp (OTEX) has 21400 emplpoyees as of May 11 2026.

What is Open Text Corp (OTEX) market cap?

Today OTEX has the market capitalization of 6.00B USD.