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Open Text (OTEX) Stock Price, News & Analysis

Open Text logo
$28.87 -1.32 (-4.37%)
Closing price 04:00 PM Eastern
Extended Trading
$28.88 +0.00 (+0.02%)
As of 07:09 PM Eastern
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About Open Text Stock (NASDAQ:OTEX)

Key Stats

Today's Range
$28.46
$30.26
50-Day Range
$25.85
$30.19
52-Week Range
$22.79
$34.20
Volume
3.48 million shs
Average Volume
956,899 shs
Market Capitalization
$7.41 billion
P/E Ratio
8.58
Dividend Yield
3.64%
Price Target
$32.30
Consensus Rating
Hold

Company Overview

Open Text Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

OTEX MarketRank™: 

Open Text scored higher than 96% of companies evaluated by MarketBeat, and ranked 73rd out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Open Text's stock forecast and price target.
  • 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 11.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.93.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Open Text is 11.78, 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 37.38.

  • Price to Book Value per Share Ratio

    Open Text has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Open Text's valuation and earnings.
  • 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 Leadership

    Open Text is a leading dividend payer. It pays a dividend yield of 3.52%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • 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.

  • Read more about Open Text's dividend.
  • 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 Sentiment

    Open Text has a news sentiment score of 0.72. 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.
  • 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.

  • Read more about Open Text's insider trading history.
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OTEX Stock News Headlines

A grave, grave error.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
OTEX - Open Text Corp Dividends - Morningstar
Open Text Corporation (OTEX) - Yahoo Finance
OTEX Open Text Corporation - Seeking Alpha
Citi Keeps Their Hold Rating on Open Text (OTEX)
See More Headlines

OTEX Stock Analysis - Frequently Asked Questions

Open Text's stock was trading at $28.32 on January 1st, 2025. Since then, OTEX shares have increased by 1.9% and is now trading at $28.87.

Open Text Corporation (NASDAQ:OTEX) issued its earnings results on Wednesday, April, 30th. The software maker reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.01. Open Text's quarterly revenue was down 13.3% compared to the same quarter last year.
Read the conference call transcript
.

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

Top institutional shareholders of Open Text include Value Partners Investments Inc. (1.00%) and Parallel Advisors LLC.

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.

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
7/09/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
6/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
COMP - SOFTWARE
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OTEX
CIK
1002638
Employees
22,900
Year Founded
1991

Price Target and Rating

High Price Target
$43.00
Low Price Target
$28.00
Potential Upside/Downside
+11.9%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Trailing P/E Ratio
11.78
Forward P/E Ratio
8.37
P/E Growth
N/A
Net Income
$465.09 million
Pretax Margin
18.36%

Debt

Sales & Book Value

Annual Sales
$5.77 billion
Cash Flow
$6.71 per share
Price / Cash Flow
4.30
Book Value
$15.66 per share
Price / Book
1.84

Miscellaneous

Free Float
229,359,000
Market Cap
$7.41 billion
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:OTEX) was last updated on 7/9/2025 by MarketBeat.com Staff
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