QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
TSE:OTEX

Open Text - OTEX Stock Forecast, Price & News

C$51.68
+0.29 (+0.56%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
C$50.72
C$51.75
50-Day Range
C$47.43
C$53.54
52-Week Range
C$45.80
C$69.79
Volume
347,042 shs
Average Volume
599,905 shs
Market Capitalization
C$13.94 billion
P/E Ratio
27.64
Dividend Yield
2.43%
Price Target
C$67.25
OTEX stock logo

About Open Text (TSE:OTEX) Stock

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

Wall Street Analyst Weigh In

Separately, National Bankshares reiterated a "buy" rating and issued a C$60.00 price target on shares of Open Text in a research note on Friday, June 17th.

Open Text Trading Up 1.1 %

Shares of OTEX Stock opened at C$51.39 on Tuesday. Open Text has a 1 year low of C$45.80 and a 1 year high of C$69.79. The stock has a market cap of C$13.87 billion and a P/E ratio of 27.48. The company has a current ratio of 1.56, a quick ratio of 1.48 and a debt-to-equity ratio of 110.97. The stock has a 50 day simple moving average of C$50.29 and a 200 day simple moving average of C$52.15.

Receive OTEX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Open Text and its competitors with MarketBeat's FREE daily newsletter.

OTEX Stock News Headlines

Open Text Corp stock advanced on Thursday.
Open Text Corp stock lost on Tuesday.
Open Text Corp stock eased on Friday.
Open Text Corp stock advanced on Tuesday.
Open Text Corp stock dipped on Monday.
Stocks in play: Open Text Corp.
Open Text Misses Q3 EPS by 16c
Open Text Earnings Preview
Open Text Q3 2022 Earnings Preview
See More Headlines
Receive OTEX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Open Text and its competitors with MarketBeat's FREE daily newsletter.

OTEX Company Calendar

Today
8/16/2022
Next Earnings (Estimated)
11/02/2022

Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
15,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$67.25
High Stock Price Forecast
C$74.50
Low Stock Price Forecast
C$60.00
Forecasted Upside/Downside
+30.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.49 billion
Cash Flow
C$6.49 per share
Book Value
C$15.17 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.94 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Mark J. Barrenechea (Age 57)
    Vice Chairman, CEO & CTO
    Comp: $9.91M
  • Ms. Madhu Ranganathan CPA (Age 57)
    M.B.A., Exec. VP & CFO
    Comp: $2.23M
  • Mr. Simon David Harrison (Age 52)
    Exec. VP of Enterprise Sales
    Comp: $2.14M
  • Mr. Gordon Allan Davies (Age 60)
    Exec. VP & Special Advisor to the CEO
    Comp: $1.74M
  • Mr. Muhi S. Majzoub (Age 62)
    Exec. VP & Chief Product Officer
    Comp: $1.78M
  • Mr. Howard D. Rosen CPA (Age 58)
    Sr. VP & Chief Accounting Officer
  • Ms. Renee Dione McKenzie
    Sr. VP & Chief Information Officer
  • Mr. Harry Edward Blount
    Sr. VP & Global Head of Investor Relations
  • Mr. Michael F. Acedo
    Sr. VP, Chief Legal Officer & Corp. Sec.
  • Jen Bell
    VP & Chief Communications Officer













OTEX Stock - Frequently Asked Questions

Should I buy or sell Open Text stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OTEX shares.
View OTEX analyst ratings
or view top-rated stocks.

What is Open Text's stock price forecast for 2022?

2 analysts have issued 12 month price targets for Open Text's shares. Their OTEX share price forecasts range from C$60.00 to C$74.50. On average, they anticipate the company's share price to reach C$67.25 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for OTEX
or view top-rated stocks among Wall Street analysts.

How have OTEX shares performed in 2022?

Open Text's stock was trading at C$60.04 at the beginning of 2022. Since then, OTEX shares have decreased by 13.9% and is now trading at C$51.68.
View the best growth stocks for 2022 here
.

When is Open Text's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our OTEX earnings forecast
.

Is Open Text a good dividend stock?

Open Text (TSE:OTEX) pays an annual dividend of C$0.88 per share and currently has a dividend yield of 2.43%. The dividend payout ratio is 47.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OTEX.

What other stocks do shareholders of Open Text own?
What is Open Text's stock symbol?

Open Text trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OTEX."

How do I buy shares of Open Text?

Shares of OTEX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Open Text's stock price today?

One share of OTEX stock can currently be purchased for approximately C$51.68.

How much money does Open Text make?

Open Text (TSE:OTEX) has a market capitalization of C$13.94 billion and generates C$3.49 billion in revenue each year.

How many employees does Open Text have?

The company employs 15,000 workers across the globe.

How can I contact Open Text?

Open Text's mailing address is 275 Frank Tompa Dr, WATERLOO, ON N2L 0A1, Canada. The official website for the company is www.opentext.com. The company can be reached via phone at +1-519-8887111.

This page (TSE:OTEX) was last updated on 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.