Open Text (OTEX) Stock Price, News & Analysis

Company Overview

Open Text Corporation (NASDAQ: OTEX) is a Canadian software company that develops enterprise information management solutions. Its products help organizations capture, manage, secure, govern and exchange business information across content, processes and communications.

The company offers software and services through areas that include content management, business process automation, customer experience management, business-to-business integration, data protection and cybersecurity. OpenText’s portfolio supports cloud and on-premises deployments and is designed for use by businesses, governments and other large organizations.

Founded in 1991 and headquartered in Waterloo, Ontario, OpenText serves customers internationally across a broad range of industries and geographies. The company expanded substantially through acquisitions, including its 2023 acquisition of Micro Focus, which added enterprise software and cybersecurity technologies to its portfolio. Mark J. Barrenechea has served as OpenText’s chief executive officer and chief technology officer since 2012.

Key Stats

• Today's Range: $22.45 to $22.79
• 50-Day Range: $21.52 to $26.42
• 52-Week Range: $19.77 to $39.90
• Volume: 849,040 shs
• Average Volume: 1.26 million shs
• Market Capitalization: $5.44 billion
• P/E Ratio: 8.72
• Dividend Yield: 4.98%
• Price Target: $32.46
• Consensus Rating: Hold

Open Text Stock Analysis - MarketRank™

Open Text scored higher than 90% of companies evaluated by MarketBeat, and ranked 81st out of 602 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

Open Text has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on no strong buy ratings, 3 buy ratings, 10 hold ratings, and 1 sell rating.

Upside Potential

Open Text has a consensus price target of $32.46, representing about 44.2% upside from its current price of $22.51.

Amount of Analyst Coverage

Open Text has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.76%

Earnings Growth

Earnings for Open Text are expected to grow by 3.76% in the coming year, from $3.72 to $3.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Open Text is 8.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.27.

Price to Earnings Ratio vs. Sector

The P/E ratio of Open Text is 8.72, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 70.75.

Price to Book Value per Share Ratio

Open Text has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.50% 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 9.97.

Change versus previous month

Short interest in Open Text has recently decreased by 16.47%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Open Text is a leading dividend payer. It pays a dividend yield of 4.94%, 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 43.41%. 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 29.02% next year. This indicates that Open Text will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.44

News Sentiment

Open Text has a news sentiment score of 0.44. 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 is a lower news sentiment than the 0.68 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Open Text this week, compared to 3 articles on an average week.

Search Interest

Only 5 people have searched for OTEX on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

Company Ownership

• Score: 1.1 / 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.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 9/18 Dividend: 9/04/2026
• Ex-Dividend for 9/18 Dividend: 9/04/2026
• Dividend Payable: 9/18/2026
• Today: 9/25/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:OTEX
• CIK: 1002638
• Web: www.opentext.com
• Phone: (519) 888-7111
• Fax: 519-888-0677
• Employees: 19,900
• Year Founded: 1991

Price Target and Rating

• Average Price Target for Open Text: $32.46
• High Price Target: $40.00
• Low Price Target: $27.00
• Potential Upside/Downside: +44.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.58
• Trailing P/E Ratio: 8.72
• Forward P/E Ratio: 6.05
• P/E Growth: N/A
• Net Income: $643.02 million
• Net Margins: 12.26%
• Pretax Margin: 16.37%
• Return on Equity: 25.76%
• Return on Assets: 7.70%

Debt

• Debt-to-Equity Ratio: 1.43
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $5.25 billion
• Price / Sales: 1.04
• Cash Flow: $6.84 per share
• Price / Cash Flow: 3.29
• Book Value: $16.59 per share
• Price / Book: 1.36

Miscellaneous

• Outstanding Shares: 241,870,000
• Free Float: 216,277,000
• Market Cap: $5.44 billion
• Optionable: Optionable
• Beta: 1.02