Open Text Corporation (OTEX)

NASDAQ: OTEX · Real-Time Price · USD
27.16
+0.23 (0.85%)
Mar 25, 2025, 4:00 PM EST - Market closed
0.85%
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]

Sector Technology
IPO Date Sep 9, 1998
Employees 22,900
Stock Exchange NASDAQ
Ticker Symbol OTEX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$32.71
(20.43% upside)
Analyst Consensus: Hold
Stock Forecasts

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 (...

12 days ago - PRNewsWire

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...

26 days ago - PRNewsWire

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 ...

27 days ago - PRNewsWire

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, ...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - Seeking Alpha

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.

6 weeks ago - Schwab Network

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...

6 weeks ago - Seeking Alpha

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 ...

6 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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/ -...

3 months ago - 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...

3 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire