Open Text Corporation (OTEX)
Market Cap | 7.06B |
Revenue (ttm) | 5.41B |
Net Income (ttm) | 660.74M |
Shares Out | 259.77M |
EPS (ttm) | 2.45 |
PE Ratio | 11.09 |
Forward PE | 7.41 |
Dividend | $1.05 (3.87%) |
Ex-Dividend Date | Mar 7, 2025 |
Volume | 789,934 |
Open | 27.09 |
Previous Close | 26.93 |
Day's Range | 27.06 - 27.36 |
52-Week Range | 24.86 - 39.87 |
Beta | 1.17 |
Analysts | Hold |
Price Target | 32.71 (+20.43%) |
Earnings Date | May 1, 2025 |
About OTEX
Open Text Corporation engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testin... [Read more]
Financial Performance
In 2024, Open Text's revenue was $5.77 billion, an increase of 28.64% compared to the previous year's $4.48 billion. Earnings were $465.09 million, an increase of 209.28%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for OTEX stock is "Hold." The 12-month stock price forecast is $32.71, which is an increase of 20.43% from the latest price.
News

OpenText Increases Share Repurchase Program to US$450 Million and Establishes Automatic Share Purchase Plan
WATERLOO, ON , March 13, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2025 normal course issuer bid (...

OpenText to Showcase New Innovations to Empower Healthcare Providers at HIMSS 2025
WATERLOO, ON , Feb. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional pa...

OpenText Appoints Chadwick Westlake Chief Financial Officer To Reinforce Top Priorities
WATERLOO, ON , Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to ...

OpenText Strengthens Consumer Cybersecurity Portfolio with Comprehensive Digital Life Protection
New Webroot Total Protection safeguards personal and financial information WATERLOO, ON , Feb. 25, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, ...

OpenText Launches Next Generation OpenText Cybersecurity Cloud With AI Powered Threat Detection and Response Capabilities
AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security t...

Open Text: Still Decent Risk Reward
I rate Open Text a 'Buy' with a 1-year price target of $31.46 per share, projecting a 14.4% upside and a quarterly dividend of $0.26. OTEX's fundamentals have been choppy post-AMC divestiture, but liq...
OTEX CFO on A.I. in Software & Hyperscaler Partnerships
Mandu Ranganathan, CFO of Open Text (OTEX), discusses how the company has evolved through A.I. integration.

Open Text Corporation (OTEX) Q2 2025 Earnings Call Transcript
Open Text Corporation (NASDAQ:OTEX) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Greg Secord - Head, IR Mark Barrenechea - CEO and CTO Madhu Ranganathan - Preside...

OpenText Reports Second Quarter Fiscal Year 2025 Financial Results
Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6% GAAP EPS of $0.87, Non-GAAP EPS of $1.11 Operating ...

OpenText named one of Canada's Best Employers 2025 for the fifth consecutive year by Forbes
WATERLOO, ON , Feb. 5, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of Canada's Best Employers 2025 by Forbes. The list, which is generated by Forbe...

OpenText appoints Savinay Berry as EVP & Chief Product Officer
WATERLOO, ON , Jan. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Savinay Berry as EVP & Chief Product Officer for the global information...

OpenText Recognized as a Leader in Four 2024 IDC MarketScape Reports
OpenText delivers seamless, personalized and secure digital experiences across its portfolio WATERLOO, ON , Jan. 24, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has been recognized as a...

OpenText to Report Second Quarter Fiscal Year 2025 Financial Results on Thursday, February 6, 2025
WATERLOO, ON , Jan. 13, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2025 will be released on Thurs...

Open Text Corporation (OTEX) Barclays 22nd Annual Global Technology Conference (Transcript)
Open Text Corporation (NASDAQ:OTEX) Barclays 22nd Annual Global Technology Conference December 12, 2024 4:20 PM ET Company Participants Greg Secord - Vice President, Investor Relations Madhu Ranganat...

OpenText Partners with Secure Code Warrior to Deliver Comprehensive Application Security and Customized Developer Risk Management
The new agreement empowers development teams with continuous upskilling to turn security into a strategic advantage, reduce risks, and elevate customer trust WATERLOO, ON , Dec. 5, 2024 /PRNewswire/ -...

Open Text: Not Quite As Cheap As It Seems, But Still A Buy
Open Text appears to be exceptionally cheap based on its single-digit non-GAAP P/E ratio and strong growth prospects. I believe shares aren't quite as discounted as they might seem at first glance. Th...

OpenText Appoints Fletcher Previn to Board of Directors
WATERLOO, ON , Nov. 26, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Fletcher Previn to its board of directors. Mr. Previn is Senior Vice ...

OpenText Makes Multi-Cloud Work with Cloud Editions 24.4
Next-generation cloud, security, AI-integrated innovations unveiled at OpenText World 2024 WATERLOO, ON , Nov. 19, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today unveiled Cloud Editi...

OpenText Expands Partner Ecosystem access across Full OpenText Product Suite
WATERLOO, ON , Nov. 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that the OpenText Partner Network now has expanded access to sell OpenText's entire portfolio of solu...

OpenText Launches New Partner Enterprise Learning Subscription
New program helps Partners build skills and gives customers confidence in their Partner choice WATERLOO, ON , Nov. 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced a new Partne...

OpenText to Elevate Human Potential with Robust AI Masterclasses at OpenText World 2024
Google Cloud and SAP confirmed as Innovator-level sponsors, supporting the future of AI and digital transformation WATERLOO, ON , Nov. 15, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), t...

OpenText World 2024 Unites Industry Leaders to Tackle AI and Information Management
Pioneering experts gather in Las Vegas to explore a future driven by AI knowledge workers, cloud, and next-generation security WATERLOO, ON , Nov. 15, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (T...

Open Text Corporation (OTEX) Q1 2025 Earnings Call Transcript
Open Text Corporation (NASDAQ:OTEX) Q1 2025 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Greg Secord - Vice President, Investor Relations Mark Barrenechea - Chief Executi...

OpenText Cybersecurity Unveils 2024's Nastiest Malware: Ransomware Threats Escalate Against Critical Infrastructure
As cyberattacks grow more insidious, organizations are ramping up cybersecurity investments to defend essential services WATERLOO, ON , Oct. 31, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTE...

OpenText Reports First Quarter Fiscal Year 2025 Financial Results
Total Revenues of $1.27B, 15 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 7%, Robust Adjusted EBITDA Margin of 35.0% GAAP EPS of $0.32, Non-GAAP EPS of $0.93 Purchased an...