Open Text Corporation (OTEX)
| Market Cap | 5.83B -30.7% |
| Revenue (ttm) | 5.25B +1.5% |
| Net Income | 643.02M +47.5% |
| EPS | 2.58 +56.4% |
| Shares Out | 237.38M |
| PE Ratio | 9.49 |
| Forward PE | 6.27 |
| Dividend | $1.12 (4.57%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 828,921 |
| Open | 23.87 |
| Previous Close | 23.58 |
| Day's Range | 23.87 - 24.53 |
| 52-Week Range | 19.78 - 39.90 |
| Beta | 1.03 |
| Analysts | Hold |
| Price Target | 27.95 (+13.85%) |
| Earnings Date | Aug 6, 2026 |
About OTEX
Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private cloud products, such as hosted services and managed se... [Read more]
Financial Performance
In fiscal year 2026, Open Text's revenue was $5.25 billion, an increase of 1.51% compared to the previous year's $5.17 billion. Earnings were $643.02 million, an increase of 47.53%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for OTEX stock is "Hold." The 12-month stock price target is $27.95, which is an increase of 13.85% from the latest price.
News
OpenText price target lowered to $33 from $40 at Scotiabank
Scotiabank lowered the firm’s price target on OpenText (OTEX) to $33 from $40 and keeps an Outperform rating on the shares. The firm remains optimistic on the company’s AI opportunity…
OpenText price target raised to $27 from $25 at UBS
UBS raised the firm’s price target on OpenText (OTEX) to $27 from $25 and keeps a Neutral rating on the shares.
OpenText price target raised to $28 from $25 at Citi
Citi analyst Steven Enders raised the firm’s price target on OpenText (OTEX) to $28 from $25 and keeps a Neutral rating on the shares.
Raymond James downgrades OpenText given ‘insufficient return’
Raymond James analyst Steven Li downgraded OpenText (OTEX) to Market Perform from Outperform with a price target of $29.50, down from $35. The Q4 beat is less meaningful as OpenText…
OpenText downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded OpenText (OTEX) to Market Perform from Outperform with a price target of $29.50, down from $35.
Open Text Earnings Call Transcript: Q4 2026
Q4 and FY2026 saw steady revenue and margin growth, driven by cloud and AI integration, with strong cash flow and significant debt reduction. FY2027 guidance projects core revenue growth of 2%-3% and core cloud growth of 8%-10%, supported by major investments in sales and partner ecosystem.
Open Text Slides: Q4 2026
Open Text has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on August 6, 2026.
Open Text Earnings release: Q4 2026
Open Text released its Q4 2026 earnings on August 6, 2026, summarizing the period's financial results.
Open Text Annual report: Q4 2026
Open Text has published its Q4 2026 annual report on August 6, 2026.
OpenText reports Q4 adjusted EPS $1.23, consensus $1.04
Reports Q4 revenue $1.35B, consensus $1.32B. “AI is creating urgency for every organization, but trusted data determines whether AI delivers value. OpenText (OTEX) is the secure data foundation in the...
OpenText renews share repurchase plan
OpenText (OTEX) announced the renewal of its share repurchase plan pursuant to which it is authorized to purchase for cancellation in open market transactions, from time to time over the…
OpenText Reports Fourth Quarter and Fiscal Year 2026 Financial Results
$1.96B of Cloud Revenues, growth of 5.5% Y/Y Core Revenue* growth of 3% Y/Y Fiscal 2026 Fourth Quarter Highlights (in millions)(1) Total Revenues CloudRevenues Profitability EPS Cash Flows Net Income...
OpenText Appoints Jill Larsen to Board of Directors
WATERLOO, ON, July 17, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in data management for enterprise AI, today announced the appointment of Jill Larsen to i...
OpenText to Report Fourth Quarter Fiscal Year 2026 Financial Results on Thursday, August 6, 2026
WATERLOO, ON, July 9, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter fiscal year 2026 will be released before mar...
OpenText to Create 400 Jobs with €105 Million Investment in Cork and Galway to Expand Agentic AI and Sovereign Cloud in Europe
Taoiseach Micheál Martin TD and CEO of IDA Ireland Michael Lohan join OpenText to announce new Cork Centre of Excellence for EMEA Investment marks the largest in Ireland by a Canadian-headquartered te...
OpenText Among First Canadian Companies to Join OECD Global Safe AI Reporting Framework
WATERLOO, ON, May 29, 2026 /PRNewswire/ -- OpenText™ (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today joined the OECD's Hiroshima AI Process (HAIP) Reporting Framework, ...
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…
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…