Open Text (OTEX) Competitors

Open Text logo
C$30.07 +1.73 (+6.10%)
As of 06/23/2026 04:30 PM Eastern

OTEX vs. DSG, TOI, KXS, LWRK, and LSPD

Should you buy Open Text stock or one of its competitors? MarketBeat compares Open Text with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Open Text include The Descartes Systems Group (DSG), Topicus.com (TOI), Kinaxis (KXS), LifeWorks (LWRK), and Lightspeed Commerce (LSPD). These companies are all part of the "software - application" industry.

How does Open Text compare to The Descartes Systems Group?

The Descartes Systems Group (TSE:DSG) and Open Text (TSE:OTEX) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, media sentiment, profitability, earnings and valuation.

In the previous week, The Descartes Systems Group's average media sentiment score of 0.00 equaled Open Text'saverage media sentiment score.

Company Overall Sentiment
The Descartes Systems Group Neutral
Open Text Neutral

The Descartes Systems Group has a net margin of 23.35% compared to Open Text's net margin of 9.89%. Open Text's return on equity of 12.88% beat The Descartes Systems Group's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group23.35% 11.26% 7.51%
Open Text 9.89%12.88%4.03%

Open Text has a consensus price target of C$27.50, indicating a potential downside of 8.55%. Given Open Text's higher possible upside, analysts clearly believe Open Text is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
3 Strong Buy rating(s)
3.75
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

The Descartes Systems Group has a beta of 0.108249, meaning that its share price is 89% less volatile than the broader market. Comparatively, Open Text has a beta of 1.253652, meaning that its share price is 25% more volatile than the broader market.

66.4% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 62.8% of Open Text shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by company insiders. Comparatively, 2.1% of Open Text shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Open Text has higher revenue and earnings than The Descartes Systems Group. Open Text is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$753.87M10.94C$97.67MC$2.0147.87
Open TextC$5.21B1.40C$455.93MC$2.0614.60

Summary

The Descartes Systems Group beats Open Text on 8 of the 15 factors compared between the two stocks.

How does Open Text compare to Topicus.com?

Topicus.com (CVE:TOI) and Open Text (TSE:OTEX) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, valuation, media sentiment, analyst recommendations, earnings, institutional ownership and profitability.

Open Text has higher revenue and earnings than Topicus.com. Open Text is trading at a lower price-to-earnings ratio than Topicus.com, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Topicus.comC$1.63B4.90C$30.84MC$0.37259.16
Open TextC$5.21B1.40C$455.93MC$2.0614.60

Topicus.com currently has a consensus target price of C$145.00, indicating a potential upside of 51.21%. Open Text has a consensus target price of C$27.50, indicating a potential downside of 8.55%. Given Topicus.com's stronger consensus rating and higher probable upside, equities analysts plainly believe Topicus.com is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Topicus.com
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

23.5% of Topicus.com shares are held by institutional investors. Comparatively, 62.8% of Open Text shares are held by institutional investors. 2.1% of Open Text shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Topicus.com had 1 more articles in the media than Open Text. MarketBeat recorded 1 mentions for Topicus.com and 0 mentions for Open Text. Topicus.com's average media sentiment score of 0.00 equaled Open Text'saverage media sentiment score.

Company Overall Sentiment
Topicus.com Neutral
Open Text Neutral

Topicus.com has a beta of 0.060454, indicating that its share price is 94% less volatile than the broader market. Comparatively, Open Text has a beta of 1.253652, indicating that its share price is 25% more volatile than the broader market.

Open Text has a net margin of 9.89% compared to Topicus.com's net margin of 0.00%. Open Text's return on equity of 12.88% beat Topicus.com's return on equity.

Company Net Margins Return on Equity Return on Assets
Topicus.comN/A N/A N/A
Open Text 9.89%12.88%4.03%

Summary

Open Text beats Topicus.com on 9 of the 15 factors compared between the two stocks.

How does Open Text compare to Kinaxis?

Kinaxis (TSE:KXS) and Open Text (TSE:OTEX) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, profitability, valuation, media sentiment, risk, institutional ownership and earnings.

51.3% of Kinaxis shares are held by institutional investors. Comparatively, 62.8% of Open Text shares are held by institutional investors. 1.2% of Kinaxis shares are held by insiders. Comparatively, 2.1% of Open Text shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Open Text has higher revenue and earnings than Kinaxis. Open Text is trading at a lower price-to-earnings ratio than Kinaxis, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KinaxisC$580.81M6.89C$14.53MC$2.9449.80
Open TextC$5.21B1.40C$455.93MC$2.0614.60

In the previous week, Kinaxis had 2 more articles in the media than Open Text. MarketBeat recorded 2 mentions for Kinaxis and 0 mentions for Open Text. Kinaxis' average media sentiment score of 0.40 beat Open Text's score of 0.00 indicating that Kinaxis is being referred to more favorably in the media.

Company Overall Sentiment
Kinaxis Neutral
Open Text Neutral

Kinaxis has a beta of 0.715968, suggesting that its stock price is 28% less volatile than the broader market. Comparatively, Open Text has a beta of 1.253652, suggesting that its stock price is 25% more volatile than the broader market.

Kinaxis currently has a consensus price target of C$200.00, suggesting a potential upside of 36.61%. Open Text has a consensus price target of C$27.50, suggesting a potential downside of 8.55%. Given Kinaxis' stronger consensus rating and higher possible upside, equities analysts plainly believe Kinaxis is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Kinaxis
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Kinaxis has a net margin of 14.48% compared to Open Text's net margin of 9.89%. Kinaxis' return on equity of 19.72% beat Open Text's return on equity.

Company Net Margins Return on Equity Return on Assets
Kinaxis14.48% 19.72% 1.88%
Open Text 9.89%12.88%4.03%

Summary

Kinaxis beats Open Text on 10 of the 16 factors compared between the two stocks.

How does Open Text compare to LifeWorks?

Open Text (TSE:OTEX) and LifeWorks (TSE:LWRK) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, earnings, profitability, media sentiment and institutional ownership.

62.8% of Open Text shares are owned by institutional investors. 2.1% of Open Text shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Open Text has higher revenue and earnings than LifeWorks. LifeWorks is trading at a lower price-to-earnings ratio than Open Text, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Open TextC$5.21B1.40C$455.93MC$2.0614.60
LifeWorksC$1.03B0.00C$25.72MC$0.37N/A

Open Text has a net margin of 9.89% compared to LifeWorks' net margin of 0.00%. Open Text's return on equity of 12.88% beat LifeWorks' return on equity.

Company Net Margins Return on Equity Return on Assets
Open Text9.89% 12.88% 4.03%
LifeWorks N/A N/A N/A

Open Text pays an annual dividend of C$1.09 per share and has a dividend yield of 3.6%. LifeWorks pays an annual dividend of C$0.78 per share. Open Text pays out 52.8% of its earnings in the form of a dividend. LifeWorks pays out 210.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Open Text is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Open Text's average media sentiment score of 0.00 equaled LifeWorks'average media sentiment score.

Company Overall Sentiment
Open Text Neutral
LifeWorks Neutral

Open Text presently has a consensus target price of C$27.50, suggesting a potential downside of 8.55%. Given LifeWorks' higher possible upside, analysts clearly believe LifeWorks is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
LifeWorks
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Summary

Open Text beats LifeWorks on 11 of the 13 factors compared between the two stocks.

How does Open Text compare to Lightspeed Commerce?

Lightspeed Commerce (TSE:LSPD) and Open Text (TSE:OTEX) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, earnings, dividends, analyst recommendations, valuation and media sentiment.

Lightspeed Commerce has a beta of 1.961905, meaning that its stock price is 96% more volatile than the broader market. Comparatively, Open Text has a beta of 1.253652, meaning that its stock price is 25% more volatile than the broader market.

32.5% of Lightspeed Commerce shares are held by institutional investors. Comparatively, 62.8% of Open Text shares are held by institutional investors. 9.9% of Lightspeed Commerce shares are held by company insiders. Comparatively, 2.1% of Open Text shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Open Text has a net margin of 9.89% compared to Lightspeed Commerce's net margin of -11.77%. Open Text's return on equity of 12.88% beat Lightspeed Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Lightspeed Commerce-11.77% -9.57% -3.79%
Open Text 9.89%12.88%4.03%

Open Text has higher revenue and earnings than Lightspeed Commerce. Lightspeed Commerce is trading at a lower price-to-earnings ratio than Open Text, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lightspeed CommerceC$1.23B1.50-C$86.99M-C$1.04N/A
Open TextC$5.21B1.40C$455.93MC$2.0614.60

Lightspeed Commerce presently has a consensus target price of C$16.45, indicating a potential upside of 22.94%. Open Text has a consensus target price of C$27.50, indicating a potential downside of 8.55%. Given Lightspeed Commerce's stronger consensus rating and higher possible upside, equities research analysts clearly believe Lightspeed Commerce is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lightspeed Commerce
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Open Text
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Lightspeed Commerce's average media sentiment score of 0.00 equaled Open Text'saverage media sentiment score.

Company Overall Sentiment
Lightspeed Commerce Neutral
Open Text Neutral

Summary

Open Text beats Lightspeed Commerce on 8 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OTEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OTEX vs. The Competition

MetricOpen TextSoftware IndustryComputer SectorTSE Exchange
Market CapC$6.88BC$4.70BC$39.31BC$12.42B
Dividend Yield5.49%4.05%3.27%6.19%
P/E Ratio14.6025.7379.2335.65
Price / Sales1.40241.84624.4310.56
Price / Cash5.9417.3948.5382.29
Price / Book1.884.239.584.42
Net IncomeC$455.93MC$22.26MC$1.07BC$299.09M
7 Day Performance1.18%-0.43%-0.82%-1.19%
1 Month Performance-7.25%9.00%0.98%-1.42%
1 Year Performance-23.52%-10.75%156.64%39.62%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTEX
Open Text
1.2258 of 5 stars
C$30.07
+6.1%
C$27.50
-8.5%
-21.1%C$6.88BC$5.21B14.6022,900
DSG
The Descartes Systems Group
1.2845 of 5 stars
C$99.86
-1.5%
N/A-30.5%C$8.56BC$753.87M49.6850,800
TOI
Topicus.com
1.502 of 5 stars
C$101.98
-0.6%
C$145.00
+42.2%
N/AC$8.50BC$1.63B275.62N/A
KXS
Kinaxis
3.2442 of 5 stars
C$155.73
+0.1%
C$200.00
+28.4%
-26.5%C$4.25BC$580.81M52.97662
LWRK
LifeWorks
N/AN/AN/AN/AC$2.24BC$1.03B87.22N/A

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This page (TSE:OTEX) was last updated on 6/24/2026 by MarketBeat.com Staff.
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