Open Text Corporation (OTEX)
| Market Cap | 6.00B -15.4% |
| Revenue (ttm) | 5.21B -0.2% |
| Net Income | 516.19M -21.2% |
| EPS | 2.04 -16.6% |
| Shares Out | 242.66M |
| PE Ratio | 12.11 |
| Forward PE | 5.71 |
| Dividend | $1.10 (4.45%) |
| Ex-Dividend Date | Mar 6, 2026 |
| Volume | 5,089,976 |
| Open | 23.18 |
| Previous Close | 23.69 |
| Day's Range | 23.07 - 24.82 |
| 52-Week Range | 20.00 - 39.90 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 34.80 (+40.78%) |
| 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 10 analysts, the average rating for OTEX stock is "Hold." The 12-month stock price target is $34.8, which is an increase of 40.78% from the latest price.
News
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
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.
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
Positioned as a content provider, the firm is advancing a major cloud migration to support AI adoption, driving strong Content Cloud growth and planning a decade-long transition from maintenance to cloud revenue. Divestitures, debt reduction, and a refreshed leadership team support this strategy.
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
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 ...
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
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
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.
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
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
Open Text Earnings Call Transcript: Q2 2026
Q2 saw revenue of $1.33B, led by 18% growth in enterprise cloud bookings and strong content cloud performance. Portfolio reshaping continued with Vertica and eDOCS divestitures, while FY26 guidance for 1%-2% revenue growth was reaffirmed.
OpenText reports Q2 non-GAAP EPS $1.13, consensus $1.03
Reports Q2 revenue $1.33B, consensus $1.29B. “We had an excellent quarter, led by 18% revenue growth in our Content Management cloud business,” said James McGourlay, Interim CEO. “OpenText (OTEX) is
OpenText Reports Second Quarter Fiscal Year 2026 Financial Results
Total Revenues of $1.33B, 20 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 37.0% Fiscal 2026 Second Quarter Highlights (in millions)...