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MU   67.88 (-0.22%)
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GE   109.23 (-1.19%)
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PFE   33.16 (-0.03%)
PYPL   59.14 (+1.16%)
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TSE:OTEX

Open Text (OTEX) Stock Forecast, Price & News

C$47.73
+0.06 (+0.13%)
(As of 10:32 AM ET)
Compare
Today's Range
C$47.59
C$48.12
50-Day Range
C$46.80
C$56.81
52-Week Range
C$34.72
C$57.96
Volume
46,035 shs
Average Volume
691,008 shs
Market Capitalization
C$12.94 billion
P/E Ratio
63.64
Dividend Yield
2.83%
Price Target
C$50.00

Open Text MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
4.8% Upside
C$50.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.69 out of 5 stars


OTEX stock logo

About Open Text (TSE:OTEX) Stock

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

OTEX Price History

OTEX Stock News Headlines

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Open Text (OTEX) Earnings Dates & Reports
Open Text goes ex-dividend tomorrow
Closing Bell: Open Text Corp up on Wednesday (OTEX)
Closing Bell: Open Text Corp up on Tuesday (OTEX)
Closing Bell: Open Text Corp up on Monday (OTEX)
See More Headlines
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Industry, Sector and Symbol

Industry
Software—Application
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
24,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$50.00
High Stock Price Forecast
C$50.00
Low Stock Price Forecast
C$50.00
Forecasted Upside/Downside
+4.8%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
C$150.38 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.48 billion
Cash Flow
C$8.03 per share
Book Value
C$15.04 per share

Miscellaneous

Free Float
N/A
Market Cap
C$12.94 billion
Optionable
Optionable
Beta
1.05
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Key Executives

  • Mr. Mark J. Barrenechea (Age 58)
    Vice Chairman, CEO & CTO
    Comp: $3.47M
  • Ms. Madhu Ranganathan CPA (Age 58)
    M.B.A., Exec. VP & CFO
    Comp: $1.8M
  • Mr. Muhi S. Majzoub (Age 63)
    Exec. VP & Chief Product Officer
    Comp: $1.58M
  • Mr. Simon David Harrison (Age 53)
    Exec. VP of Enterprise Sales
    Comp: $1.6M
  • Mr. Paul Michael Duggan (Age 48)
    Exec. VP & Chief Customer Officer
    Comp: $1.86M
  • Mr. Cosmin Balota (Age 49)
    Sr. VP & Chief Accounting Officer
  • Ms. Renee Dione McKenzie (Age 48)
    Exec. VP of IT & Chief Information Officer
  • Mr. Harry Edward Blount
    Sr. VP & Global Head of Investor Relations
  • Mr. Michael F. Acedo (Age 42)
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Jen Bell
    VP & Chief Communications Officer













OTEX Stock - Frequently Asked Questions

What is Open Text's stock price forecast for 2023?

0 Wall Street analysts have issued 12 month price objectives for Open Text's stock. Their OTEX share price forecasts range from C$50.00 to C$50.00. On average, they anticipate the company's stock price to reach C$50.00 in the next year. This suggests a possible upside of 4.8% 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 2023?

Open Text's stock was trading at C$40.12 at the start of the year. Since then, OTEX stock has increased by 19.0% and is now trading at C$47.73.
View the best growth stocks for 2023 here
.

Is Open Text a good dividend stock?

Open Text (TSE:OTEX) pays an annual dividend of C$1.35 per share and currently has a dividend yield of 2.88%. The dividend payout ratio is 180.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
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$47.73.

How much money does Open Text make?

Open Text (TSE:OTEX) has a market capitalization of C$12.94 billion and generates C$4.48 billion in revenue each year. The company earns C$150.38 million in net income (profit) each year or C$0.75 on an earnings per share basis.

How many employees does Open Text have?

The company employs 24,100 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 10/2/2023 by MarketBeat.com Staff

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