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Open Text (OTEX) Stock Price, News & Analysis

Open Text logo
$25.10 -0.08 (-0.32%)
As of 08/28/2026 04:00 PM Eastern

About Open Text Stock (NASDAQ:OTEX)

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Key Stats

Today's Range
$25.01
$25.57
50-Day Range
$20.01
$26.42
52-Week Range
$19.77
$39.90
Volume
1.36 million shs
Average Volume
1.77 million shs
Market Capitalization
$6.08 billion
P/E Ratio
9.73
Dividend Yield
4.38%
Price Target
$32.46
Consensus Rating
Hold

Company Overview

Open Text Corporation is a Canadian enterprise information management (EIM) software company that develops solutions for organizations seeking to manage, protect and extract insight from their unstructured and structured data. The company’s platform encompasses document management, records management, digital asset management and archiving, enabling companies to govern information across its lifecycle.

Open Text’s product suite includes content services, business process management, customer experience management, analytics and security products. Its cloud-native offerings provide flexible deployment options, allowing customers to run workloads on public, private or hybrid cloud environments. The company also integrates artificial intelligence and machine learning into its solutions to automate classification, extraction and advanced analytics.

Serving more than 100,000 customers worldwide, Open Text has a presence in North America, Europe, Asia Pacific and Latin America. Its software supports a broad range of industries, including financial services, healthcare, manufacturing, energy, government and telecommunications. The global footprint is supported by regional offices, consulting services and partner networks that assist clients with implementation, customization and ongoing maintenance.

Founded in 1991 and headquartered in Waterloo, Ontario, Open Text has expanded through both organic growth and strategic acquisitions to broaden its technology portfolio. Since 2012, Mark J. Barrenechea has served as chief executive officer and chief technology officer, guiding the company’s focus on innovation and cloud transformation. Under his leadership, Open Text has continued to invest in R&D and extend its capabilities in information security, AI and digital experience management.

AI Generated. May Contain Errors.

Open Text Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
88th Percentile Overall Score

OTEX MarketRank™: 

Open Text scored higher than 88% of companies evaluated by MarketBeat, and ranked 106th out of 606 stocks in the 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 2.14, 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 29.3% upside from its current price of $25.10.

  • 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.

  • Read more about Open Text's stock forecast and price target.
  • 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 9.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.13.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Open Text is 9.73, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 76.44.

  • Price to Book Value per Share Ratio

    Open Text has a P/B Ratio of 1.51. 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

    6.55% 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 6.36.
  • Change versus previous month

    Short interest in Open Text has recently increased by 23.43%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Open Text is a leading dividend payer. It pays a dividend yield of 4.38%, 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 42.64%. 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 28.50% next year. This indicates that Open Text will be able to sustain or increase its dividend.

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

    Open Text has a news sentiment score of 1.55. 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 higher news sentiment than the 0.87 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Open Text this week, compared to 3 articles on an average week.
  • Search Interest

    Only 3 people have searched for OTEX on MarketBeat in the last 30 days. This is a decrease of -82% 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

Why major institutions are piling into this digital asset now
BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid. The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned.tc pixel
RBC Capital Keeps Their Hold Rating on Open Text (OTEX)
See More Headlines

OTEX Stock Analysis - Frequently Asked Questions

Open Text's stock was trading at $32.58 at the start of the year. Since then, OTEX shares have decreased by 23.0% and is now trading at $25.10.

Open Text Corporation (NASDAQ:OTEX) announced its quarterly earnings results on Thursday, August, 6th. The software maker reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.21. The firm's quarterly revenue was up 2.9% 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 others.

Open Text's top institutional investors include The Manufacturers Life Insurance Company (4.97%), Cibc World Market Inc. (1.32%), Amundi (0.93%) and BlackRock Inc. (0.86%).

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

Record date for 6/19 Dividend
6/05/2026
Ex-Dividend for 6/19 Dividend
6/05/2026
Dividend Payable
6/19/2026
Last Earnings
8/06/2026
Today
8/29/2026
Record date for 9/18 Dividend
9/04/2026
Ex-Dividend for 9/18 Dividend
9/04/2026
Dividend Payable
9/18/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
6/30/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:OTEX
CIK
1002638
Employees
19,900
Year Founded
1991

Price Target and Rating

High Price Target
$40.00
Low Price Target
$27.00
Potential Upside/Downside
+29.3%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
14 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.58
Trailing P/E Ratio
9.73
Forward P/E Ratio
6.75
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
1.16
Cash Flow
$6.90 per share
Price / Cash Flow
3.64
Book Value
$16.59 per share
Price / Book
1.51

Miscellaneous

Outstanding Shares
242,130,000
Free Float
216,510,000
Market Cap
$6.08 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:OTEX) was last updated on 8/30/2026 by MarketBeat.com Staff.
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