Open Text (OTEX) Stock Price, News & Analysis

Company Overview

Open Text Corporation is a Canada-based enterprise information management (EIM) software company that provides a wide range of solutions designed to help organizations securely capture, manage, store, and analyze business information. Founded in 1991 in Waterloo, Ontario, the company has grown into a global provider of content services, digital process automation, and cloud-based applications. Open Text’s platform is designed to support enterprise-scale deployments, enabling businesses to improve information governance, reduce compliance risks, and drive digital transformation initiatives.

Core offerings from Open Text include content management, which allows companies to organize and deliver both structured and unstructured data; business network services for secure B2B integration; digital experience solutions that power customer engagement; and analytics tools that extract insights from large volumes of information. The company also provides specialized applications for legal discovery, customer communications management, and information exchange, all delivered through on-premises, hybrid, and cloud-native environments. Its technology stack leverages artificial intelligence and machine learning capabilities to automate document classification, metadata extraction, and process workflows.

With operations spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East, Open Text serves customers in industries such as financial services, healthcare, manufacturing, government, and energy. The company’s global network of professional services teams assists clients in system integration, migration, and ongoing support, ensuring that large-scale deployments meet performance, security, and regulatory requirements. Partnerships with major cloud providers and technology integrators further extend Open Text’s reach and interoperability with other enterprise systems.

Open Text is led by CEO and CTO Mark J. Barrenechea, who joined the company in 2012 and has steered its strategy toward cloud expansion and strategic acquisitions. Under his leadership, Open Text has acquired a number of firms to enhance its portfolio—targeting capabilities in areas like AI-driven analytics, secure file sharing, and digital process automation. This focus on innovation and integration continues to position Open Text as a key player in the enterprise content and information management market.

Key Stats

• Today's Range: $28.67 to $29.24
• 50-Day Range: $26.16 to $30.19
• 52-Week Range: $22.79 to $34.20
• Volume: 1.03 million shs
• Average Volume: 954,457 shs
• Market Capitalization: $7.50 billion
• P/E Ratio: 11.93
• Dividend Yield: 3.59%
• Price Target: $32.30
• Consensus Rating: Hold

Open Text Stock Analysis - MarketRank™

Open Text scored higher than 95% of companies evaluated by MarketBeat, and ranked 48th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Open Text has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Open Text has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.57%

Earnings Growth

Earnings for Open Text are expected to grow by 9.57% in the coming year, from $3.45 to $3.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Open Text is 11.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Open Text is 11.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.24.

Price to Book Value per Share Ratio

Open Text has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.39% of the float of Open Text has been sold short.

Short Interest Ratio / Days to Cover

Open Text has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in Open Text has recently increased by 5.93%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Open Text pays a meaningful dividend of 3.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Open Text does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Open Text is 42.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Open Text will have a dividend payout ratio of 27.78% next year. This indicates that Open Text will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.36

Percentage of Shares Shorted

3.39% of the float of Open Text has been sold short.

Short Interest Ratio / Days to Cover

Open Text has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in Open Text has recently increased by 5.93%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.62

News Sentiment

Open Text has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Open Text this week, compared to 6 articles on an average week.

Search Interest

7 people have searched for OTEX on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

1 people have added Open Text to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Open Text insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.58% of the stock of Open Text is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.37% of the stock of Open Text is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OTEX Stock Analysis - Frequently Asked Questions

How have OTEX shares performed this year?

Open Text's stock was trading at $28.32 at the start of the year. Since then, OTEX stock has increased by 3.2% and is now trading at $29.23.

How were Open Text's earnings last quarter?

Open Text Corporation (NASDAQ:OTEX) released its quarterly earnings results on Wednesday, April, 30th. The software maker reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.01. Open Text's revenue for the quarter was down 13.3% on a year-over-year basis.
Read the conference call transcript.

Does Open Text have any subsidiaries?

Open Text subsidiaries include XMedius, Carbonite, Catalyst Repository Systems, Liaison Technologies, Hightail, OpenText Security, Covisint, and more.

Who are Open Text's major shareholders?

Open Text's top institutional investors include Value Partners Investments Inc. (1.00%) and Parallel Advisors LLC.

How do I buy shares of Open Text?

Shares of OTEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Open Text own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Open Text investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 4/30/2025
• Record date for 6/20 Dividend: 6/06/2025
• Ex-Dividend for 6/20 Dividend: 6/06/2025
• Dividend Payable: 6/20/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: COMP - SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:OTEX
• CIK: 1002638
• Web: www.opentext.com
• Phone: (519) 888-7111
• Fax: 519-888-0677
• Employees: 22,900
• Year Founded: 1991

Price Target and Rating

• Average Price Target for Open Text: $32.30
• High Price Target: $43.00
• Low Price Target: $28.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.09
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.45
• Trailing P/E Ratio: 11.93
• Forward P/E Ratio: 8.47
• P/E Growth: N/A
• Net Income: $465.09 million
• Net Margins: 12.55%
• Pretax Margin: 18.36%
• Return on Equity: 22.49%
• Return on Assets: 6.77%

Debt

• Debt-to-Equity Ratio: 1.54
• Current Ratio: 0.86
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $5.77 billion
• Price / Sales: 1.30
• Cash Flow: $6.72 per share
• Price / Cash Flow: 4.35
• Book Value: $15.66 per share
• Price / Book: 1.87

Miscellaneous

• Outstanding Shares: 256,500,000
• Free Float: 229,359,000
• Market Cap: $7.50 billion
• Optionable: Optionable
• Beta: 1.13