Open Text (OTEX) Stock Price, News & Analysis

Company Overview

OpenText Corporation is a Canadian enterprise software company that develops solutions for managing, securing and exchanging business information. Its offerings help organizations organize content, automate business processes, connect with customers and partners, and manage information across cloud, on-premises and hybrid environments.

The company’s portfolio includes enterprise content management, business network and integration services, customer experience tools, cybersecurity and information governance solutions, and software for managing enterprise applications and information technology operations. OpenText also provides artificial intelligence and automation capabilities designed to help businesses search, analyze and use information more effectively.

Founded in 1991 and headquartered in Waterloo, Ontario, OpenText serves businesses, government organizations and other institutions in North America, Europe, the Asia-Pacific region and other international markets. The company expanded its enterprise software portfolio through the acquisition of Micro Focus in 2023. OpenText is led by Mark J. Barrenechea, who has served as chief executive officer since 2012.

Key Stats

• Today's Range: $26.87 to $27.95
• 50-Day Range: $22.22 to $27.94
• 52-Week Range: $19.77 to $39.81
• Volume: 1.92 million shs
• Average Volume: 1.27 million shs
• Market Capitalization: $6.76 billion
• P/E Ratio: 6.48
• Dividend Yield: 4.01%
• Price Target: $30.95
• Consensus Rating: Hold

Open Text Stock Analysis - MarketRank™

Open Text scored higher than 79% of companies evaluated by MarketBeat, and ranked 142nd out of 591 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Open Text has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on no strong buy ratings, 3 buy ratings, 10 hold ratings, and no sell ratings.

Upside Potential

Open Text has a consensus price target of $30.95, representing about 10.8% upside from its current price of $27.94.

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 10.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Open Text is 10.83, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 77.76.

Price to Book Value per Share Ratio

Open Text has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.26% 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 8.48.

Change versus previous month

Short interest in Open Text has recently decreased by 34.52%, 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 4.35%, 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: 1.6 / 5
• News Sentiment: 0.54

News Sentiment

Open Text has a news sentiment score of 0.54. 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 Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Open Text this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for OTEX on MarketBeat in the last 30 days. This is a decrease of -60% 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: 10/22/2026
• Next Earnings (Estimated): 11/05/2026
• AGM 2026: 12/08/2026
• 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: $30.95
• High Price Target: $37.00
• Low Price Target: $27.00
• Potential Upside/Downside: +10.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.58
• Trailing P/E Ratio: 6.48
• Forward P/E Ratio: 7.51
• 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: 1.29
• Cash Flow: $7.20 per share
• Price / Cash Flow: 3.88
• Book Value: $16.59 per share
• Price / Book: 1.68

Miscellaneous

• Outstanding Shares: 241,870,000
• Free Float: 216,277,000
• Market Cap: $6.76 billion
• Optionable: Optionable
• Beta: 1.01