×
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
TSE:OTEX

Open Text Stock Forecast, Price & News

C$49.16
-0.39 (-0.79%)
(As of 06/29/2022 12:00 AM ET)
Add
Compare
Today's Range
C$48.97
C$50.32
50-Day Range
C$46.27
C$53.04
52-Week Range
C$45.80
C$69.79
Volume
581,480 shs
Average Volume
650,185 shs
Market Capitalization
C$13.16 billion
P/E Ratio
21.75
Dividend Yield
2.32%
Price Target
C$70.92
30 days | 90 days | 365 days | Advanced Chart

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 Forecast (MarketRank)

Overall MarketRank

2.24 out of 5 stars

Analyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
Open Text logo

About Open Text (TSE:OTEX)

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.

OTEX Stock News Headlines

See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Today
6/30/2022
Next Earnings (Estimated)
8/03/2022

Price Target and Rating

Average Stock Price Forecast
C$70.92
High Stock Price Forecast
C$81.00
Low Stock Price Forecast
C$60.00
Forecasted Upside/Downside
+44.3%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.48 billion
Cash Flow
C$6.08 per share
Book Value
C$15.16 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.16 billion
Optionable
Optionable
Beta
N/A














Open Text Frequently Asked Questions

Should I buy or sell Open Text stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Open Text stock.
View analyst ratings for Open Text
or view top-rated stocks.

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

6 brokers have issued 12 month price targets for Open Text's shares. Their OTEX stock forecasts range from C$60.00 to C$81.00. On average, they anticipate Open Text's share price to reach C$70.92 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price.
View analysts' price targets for Open Text
or view top-rated stocks among Wall Street analysts.

How has Open Text's stock performed in 2022?

Open Text's stock was trading at C$60.04 at the beginning of the year. Since then, OTEX shares have decreased by 18.1% and is now trading at C$49.16.
View the best growth stocks for 2022 here
.

When is Open Text's next earnings date?

Open Text is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Open Text
.

Is Open Text a good dividend stock?

Open Text(TSE:OTEX) pays an annual dividend of C$0.86 per share and currently has a dividend yield of 2.32%. The dividend payout ratio of Open Text is 38.21%. This payout ratio is at a healthy, sustainable level, below 75%.
View Open Text's dividend history.

Who are Open Text's key executives?

Open Text's management team includes the following people:
  • Mr. Mark J. Barrenechea, Vice Chairman, CEO & CTO (Age 57, Pay $9.91M)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 57, Pay $2.23M)
  • Mr. Simon David Harrison, Exec. VP of Enterprise Sales (Age 52, Pay $2.14M)
  • Mr. Gordon Allan Davies, Exec. VP & Special Advisor to the CEO (Age 60, Pay $1.74M)
  • Mr. Muhi S. Majzoub, Exec. VP & Chief Product Officer (Age 62, Pay $1.78M)
  • Mr. Howard D. Rosen CPA, Sr. VP & Chief Accounting Officer (Age 58)
  • 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

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 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$49.16.

How much money does Open Text make?

Open Text (TSE:OTEX) has a market capitalization of C$13.16 billion and generates C$3.48 billion in revenue each year.

How many employees does Open Text have?

Open Text 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 Open Text is www.opentext.com. The company can be reached via phone at +1-519-8887111.

This page (TSE:OTEX) was last updated on 6/30/2022 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 | U.S. Based Support Team at [email protected] | (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 | 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 disclaimer.