Open Text Corporation (OTEX)

NASDAQ: OTEX · Real-Time Price · USD
22.68
+0.29 (1.30%)
At close: May 15, 2026, 4:00 PM EDT
23.13
+0.45 (1.98%)
After-hours: May 15, 2026, 7:59 PM EDT
Market Cap5.50B -17.8%
Revenue (ttm)5.21B -0.2%
Net Income516.19M -21.2%
EPS2.04 -16.6%
Shares Out 242.66M
PE Ratio11.11
Forward PE5.20
Dividend$1.10 (4.85%)
Ex-Dividend DateJun 5, 2026
Volume3,163,674
Open22.44
Previous Close22.39
Day's Range22.23 - 22.75
52-Week Range20.00 - 39.90
Beta1.05
AnalystsHold
Price Target34.90 (+53.88%)
Earnings DateMay 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]

Sector Technology
IPO Date Sep 9, 1998
Employees 20,500
Stock Exchange NASDAQ
Ticker Symbol OTEX
Full Company Profile

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 Statements

Analyst Summary

According to 10 analysts, the average rating for OTEX stock is "Hold." The 12-month stock price target is $34.9, which is an increase of 53.88% from the latest price.

Price Target
$34.9
(53.88% upside)
Analyst Consensus: Hold
Stock Forecasts

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…

Other symbols: OTEX
5 days ago - TheFly

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...

5 days ago - GlobeNewsWire

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...

5 days ago - PRNewsWire

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.

Other symbols: OTEX
5 days ago - TheFly

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.

Other symbols: OTEX
5 days ago - TheFly

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.

Other symbols: OTEX
7 days ago - TheFly

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…

Other symbols: OTEX
7 days ago - TheFly

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…

Other symbols: OTEX
7 days ago - TheFly

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…

Other symbols: OTEX
8 days ago - TheFly

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...

9 days ago - PRNewsWire

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…

Other symbols: OTEX
26 days ago - TheFly

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...

26 days ago - PRNewsWire

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.

Other symbols: AMZNOTEX
4 weeks ago - TheFly

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...

Other symbols: GOOGGOOGLOTEX
4 weeks ago - TheFly

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 ...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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…

Other symbols: OTEX
3 months ago - TheFly

OpenText Increases Share Repurchase Program to US$500 Million

WATERLOO, ON, Feb. 10, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2026 share repurchase program by ...

3 months ago - PRNewsWire

OpenText Names Carahsoft U.S. Public Sector Partner of the Year for 2025

Company Recognized for Providing Outstanding Innovation for the Public Sector Company Recognized for Providing Outstanding Innovation for the Public Sector

3 months ago - GlobeNewsWire

OpenText price target lowered to $30 from $33 at RBC Capital

RBC Capital lowered the firm’s price target on OpenText (OTEX) to $30 from $33 and keeps a Sector Perform rating on the shares. The company reported Q2 above consensus due…

Other symbols: OTEX
3 months ago - TheFly

OpenText price target lowered to $26 from $38 at UBS

UBS lowered the firm’s price target on OpenText (OTEX) to $26 from $38 and keeps a Neutral rating on the shares.

Other symbols: OTEX
3 months ago - TheFly

OpenText price target lowered to $26 from $36 at Citi

Citi analyst Steven Enders lowered the firm’s price target on OpenText (OTEX) to $26 from $36 and keeps a Neutral rating on the shares. The firm updated the company’s model…

Other symbols: OTEX
3 months ago - TheFly

OpenText price target lowered to $30 from $39 at Barclays

Barclays lowered the firm’s price target on OpenText (OTEX) to $30 from $39 and keeps an Equal Weight rating on the shares. The firm views the company’s fiscal Q2 report…

Other symbols: OTEX
3 months ago - TheFly