Open Text Corporation (OTEX)
| Market Cap | 5.70B -19.8% |
| Revenue (ttm) | 5.21B -0.2% |
| Net Income | 516.19M -21.2% |
| EPS | 2.04 -16.6% |
| Shares Out | 242.66M |
| PE Ratio | 11.50 |
| Forward PE | 5.39 |
| Dividend | $1.10 (4.69%) |
| Ex-Dividend Date | Jun 5, 2026 |
| Volume | 2,604,494 |
| Open | 23.28 |
| Previous Close | 23.22 |
| Day's Range | 23.28 - 24.20 |
| 52-Week Range | 20.00 - 39.90 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 30.09 (+28.21%) |
| Earnings Date | May 7, 2026 |
About OTEX
Open Text Corporation designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private, public, and off-cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business appli... [Read more]
Financial Performance
In fiscal year 2025, Open Text's revenue was $5.17 billion, a decrease of -10.42% compared to the previous year's $5.77 billion. Earnings were $435.87 million, a decrease of -6.28%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for OTEX stock is "Hold." The 12-month stock price target is $30.09, which is an increase of 28.21% from the latest price.
News
OpenText price target lowered to $27 from $28 at TD Securities
TD Securities lowered the firm’s price target on OpenText (OTEX) to $27 from $28 and keeps a Hold rating on the shares. The firm sees the company’s growth challenges remaining…
Rocket Software Completes Acquisition of Vertica, Expanding High-Performance Analytics and AI for Mission-Critical Systems
WALTHAM, Mass., May 11, 2026 (GLOBE NEWSWIRE) -- Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, today announced the completion of its acquisition of V...
OpenText Completes US$150 Million Divestiture of Non-Core Vertica to Rocket Software
Transaction advances OpenText's strategy, divesting non-core structured data analytics platform WATERLOO, ON, May 11, 2026 /PRNewswire/ -- Open Text™ Corporation (NASDAQ/TSX: OTEX), a global leader in...
OpenText price target lowered to $25 from $26 at Citi
Citi lowered the firm’s price target on OpenText (OTEX) to $25 from $26 and keeps a Neutral rating on the shares.
OpenText price target raised to $27 from $25 at Barclays
Barclays raised the firm’s price target on OpenText (OTEX) to $27 from $25 and keeps an Equal Weight rating on the shares.
OpenText price target lowered to $25 from $26 at UBS
UBS lowered the firm’s price target on OpenText (OTEX) to $25 from $26 and keeps a Neutral rating on the shares.
OpenText price target lowered to $40 from $50 at Scotiabank
Scotiabank lowered the firm’s price target on OpenText (OTEX) to $40 from $50 and keeps an Outperform rating on the shares. Following Q3 results, which demonstrated strength in Content and…
OpenText price target lowered to $27 from $30 at RBC Capital
RBC Capital lowered the firm’s price target on OpenText (OTEX) to $27 from $30 and keeps a Sector Perform rating on the shares. The company’s Q3 revenue was in line…
Open Text Q3 Earnings Call Highlights
Open Text NASDAQ: OTEX used its fiscal third-quarter 2026 earnings call to highlight record cloud metrics, expanding margins, and a steady full-year revenue outlook, while newly appointed CEO Ayman An...
Terex OpenText reports Q3 non-GAAP EPS $1.01, consensus 92c
Reports Q3 revenue $1.28B, consensus $1.27B. Former interim CEO and CCO James McGourlay said, “OpenText (OTEX) had a strong quarter, driven by 6.6% year-over-year revenue growth in our cloud business…
Open Text Earnings Call Transcript: Q3 2026
Q3 saw record cloud revenue and adjusted EPS, with strong growth in content and cloud bookings. FY 2026 guidance was raised for cloud revenue, bookings, and free cash flow, while the company continues disciplined capital allocation and portfolio reshaping amid macro uncertainty.
Open Text Earnings release: Q3 2026
Open Text released its Q3 2026 earnings on May 7, 2026, summarizing the period's financial results.
Open Text Slides: Q3 2026
Open Text has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on May 7, 2026.
Open Text Quarterly report: Q3 2026
Open Text has published its Q3 2026 quarterly earnings report on May 7, 2026.
OpenText Reports Third Quarter Fiscal Year 2026 Financial Results
Total Revenues of $1.28B, Cloud Revenue Grows 6.6% Y/Y Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 34% Ayman Antoun Officially Joins as OpenText CEO effective April 20, 2026 F...
OpenText price target lowered to $25 from $30 at Barclays
Barclays analyst Raimo Lenschow lowered the firm’s price target on OpenText (OTEX) to $25 from $30 and keeps an Equal Weight rating on the shares. The firm adjusted targets in…
OpenText Appoints James McGourlay as President, Chief Client Officer
WATERLOO, ON, April 20, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that James McGourlay will transition from Interim Chief Executive Officer to President, C...
OpenText enterprise data, AI to be available on AWS European Sovereign Cloud
OpenText (OTEX) announced that it will make a number of its enterprise data and AI solutions available on the AWS (AMZN) European Sovereign Cloud, a new independent cloud for Europe.
OpenText announces strategic partnership with S3NS
OpenText (OTEX) announced a strategic partnership with S3NS, an alliance between Thales, a French leader in cybersecurity in Europe, and Google Cloud (GOOGL), to bring European organizations a trusted...
OpenText Enterprise Data and AI Solutions to be Available on AWS European Sovereign Cloud
OpenText will offer customers a hybrid sovereign cloud architecture that supports regulated European Union organizations with secure, AI‑ready data platforms, complementing what is available in North ...
OpenText and S3NS Partner to Deliver European Sovereign Cloud Solutions with Google Cloud
Strategic Partnership to Expand European Trusted Cloud with Hybrid Architecture for Secure AI at Scale WATERLOO, Ontario, April 13, 2026 /PRNewswire/ -- OpenText™ (NASDAQ/TSX: OTEX), a global leader i...
OpenText to Report Third Quarter Fiscal Year 2026 Financial Results on Thursday, May 7, 2026
Company Reports Preliminary Q3FY26 Revenue Expectations of Approximately US$1.28 Billion WATERLOO, ON, April 10, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today...
Enterprises Rush into GenAI Without Security Foundations, New Ponemon Study Finds
Global research from OpenText and Ponemon shows strong security foundations are critical to scaling Enterprise AI WATERLOO, ON, March 23, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) toda...
Open Text Transcript: 29th Annual Scotiabank TMT Conference
The company is accelerating its transition from on-premises to cloud, driven by enterprise AI adoption and regulatory demands for curated, permissioned content. Strong cloud growth, ongoing divestitures, and disciplined capital allocation—including debt reduction and share buybacks—are positioning it for long-term expansion under new leadership.
OpenText increases share repurchase program to $500M
OpenText (OTEX) has increased its FY26 share repurchase program by $200M, whereby it intends to purchase for cancellation up to a maximum aggregate value of $500M of its common shares…