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NASDAQ:OTEX

Open Text (OTEX) Stock Price, News & Analysis

Open Text logo
$26.93 +0.55 (+2.08%)
Closing price 03/24/2025 04:00 PM Eastern
Extended Trading
$27.07 +0.14 (+0.52%)
As of 08:08 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Open Text Stock (NASDAQ:OTEX)

Key Stats

Today's Range
$26.63
$27.07
50-Day Range
$25.11
$30.39
52-Week Range
$24.86
$39.87
Volume
709,639 shs
Average Volume
754,061 shs
Market Capitalization
$7.11 billion
P/E Ratio
10.95
Dividend Yield
3.90%
Price Target
$35.18
Consensus Rating
Hold

Company Overview

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.

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Open Text Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

OTEX MarketRank™: 

Open Text scored higher than 94% of companies evaluated by MarketBeat, and ranked 58th out of 655 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Open Text has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Open Text has only been the subject of 4 research reports in the past 90 days.

  • Read more about Open Text's stock forecast and price target.
  • Earnings Growth

    Earnings for Open Text are expected to grow by 9.57% in the coming year, from $3.45 to $3.78 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Open Text is 10.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Open Text is 10.95, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 43.10.

  • 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.

  • Read more about Open Text's valuation and earnings.
  • Percentage of Shares Shorted

    2.87% 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 7.6.
  • Change versus previous month

    Short interest in Open Text has recently increased by 37.87%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Open Text is a leading dividend payer. It pays a dividend yield of 3.99%, 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 42.68%. 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 27.78% next year. This indicates that Open Text will be able to sustain or increase its dividend.

  • Read more about Open Text's dividend.
  • Percentage of Shares Shorted

    2.87% 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 7.6.
  • Change versus previous month

    Short interest in Open Text has recently increased by 37.87%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Open Text has a news sentiment score of 1.22. 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 is a higher news sentiment than the 0.74 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Open Text this week, compared to 5 articles on an average week.
  • Search Interest

    Only 3 people have searched for OTEX on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Open Text to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • 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.

  • Read more about Open Text's insider trading history.
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OTEX Stock News Headlines

$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates... but could soon have an enormous impact on your wealth.
OpenText increases buyback program to $450M
OpenText names Chadwick Westlake as CFO, succeeding Madhu Ranganathan
Barclays Sticks to Their Hold Rating for Open Text (OTEX)
See More Headlines

OTEX Stock Analysis - Frequently Asked Questions

Open Text's stock was trading at $28.32 at the beginning of 2025. Since then, OTEX shares have decreased by 4.9% and is now trading at $26.93.
View the best growth stocks for 2025 here
.

Open Text Co. (NASDAQ:OTEX) posted its earnings results on Thursday, February, 6th. The software maker reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.10. Open Text had a net margin of 12.21% and a trailing twelve-month return on equity of 23.23%.

The following companies are subsidiaries of Open Text: XMedius, Carbonite, Catalyst Repository Systems, Liaison Technologies, Hightail, OpenText Security, Covisint, and others.

Open Text's top institutional investors include JARISLOWSKY FRASER Ltd (7.03%), Vanguard Group Inc. (3.99%), Beutel Goodman & Co Ltd. (2.86%) and First Trust Advisors LP (2.76%).

Shares of OTEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Open Text investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and NVIDIA (NVDA).

Company Calendar

Last Earnings
2/06/2025
Ex-Dividend for 3/21 Dividend
3/07/2025
Dividend Payable
3/21/2025
Today
3/25/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OTEX
Employees
14,800
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$35.18
High Stock Price Target
$48.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+30.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
10.95
Forward P/E Ratio
7.81
P/E Growth
N/A
Net Income
$465.09 million
Pretax Margin
17.72%

Debt

Sales & Book Value

Annual Sales
$5.41 billion
Cash Flow
$6.80 per share
Price / Cash Flow
3.96
Book Value
$16.03 per share
Price / Book
1.68

Miscellaneous

Free Float
236,069,000
Market Cap
$7.11 billion
Optionable
Optionable
Beta
1.17

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This page (NASDAQ:OTEX) was last updated on 3/25/2025 by MarketBeat.com Staff
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