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Market Cap 11.07B P/E 36.80 EPS this Y -13.70% Ern Qtrly Grth -
Income 465.09M Forward P/E 8.92 EPS next Y 16.90% 50D Avg Chg -1.00%
Sales 5.77B PEG 1.08 EPS past 5Y 7.19% 200D Avg Chg 15.00%
Dividend 2.00% Price/Book 2.65 EPS next 5Y 8.40% 52W High Chg -6.00%
Recommedations 2.30 Quick Ratio 0.73 Shares Outstanding 268.19M 52W Low Chg 64.00%
Insider Own 2.11% ROA 4.03% Shares Float 259.86M Beta 1.12
Inst Own 77.79% ROE 11.32% Shares Shorted/Prior 6.54M/3.81M Price 40.85
Gross Margin 76.87% Profit Margin 8.06% Avg. Volume 454,400 Target Price 40.31
Oper. Margin 16.74% Earnings Date Oct 31 Volume 551,464 Change -3.75%
About Open Text Corporation

Open Text Corporation engages in the provision of information management products and services. The company offers content services, including 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; analytics and 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; and 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. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

Open Text Corporation News
09/12/24 OpenText Announces Voting Results for Election of Directors
09/12/24 OpenText Named One of the World's Best Companies by TIME Magazine for the Second Consecutive Year
09/11/24 OpenText IT Management Platform Receives FedRAMP Authorization
09/11/24 OpenText IT Management Platform Achieves FedRAMP® Authorization
09/10/24 OpenText Harnesses AI to Revolutionize DevSecOps at Global Virtual Summit
09/09/24 OpenText Named a Leader in IDC MarketScape: Worldwide Intelligent Content Services 2024
09/06/24 OpenText Analytics Digital Summit 2024 Provides Insight for Revolutionizing Business Analytics with AI
09/05/24 Nippon Gases Deutschland Aligns with OpenText to Accelerate E-Invoicing Compliance Ahead of German Mandates
08/20/24 OpenText (OTEX) to Secure Serica Energy's Operations in UK
08/19/24 Serica Energy Partners with OpenText to Fuel Operational Excellence
08/12/24 Pick n Pay Achieves 95% Automation in Software Testing with OpenText AI innovation
08/08/24 Legal Professionals Gain a Strategic Advantage with AI-Powered OpenText Axcelerate with Aviator
08/02/24 Open Text Downgraded to Sector Perform at National Bank After Fiscal Q4 Results; Price Target Kept at US$38.00
08/01/24 Open Text (OTEX) Q4 Earnings and Revenues Miss Estimates
08/01/24 Open Text: Fiscal Q4 Earnings Snapshot
08/01/24 Open Text Reports Higher Q4 Adjusted Profit, Revenue Declines 8.6%; Announces 5% Dividend Increase
08/01/24 OpenText Reports Fourth Quarter and Fiscal Year 2024 Financial Results, Raises Fiscal 2025 Margin Targets
07/30/24 3 Emerging Tech Stocks to Consider This Earnings Season
07/26/24 Export Development Bank of Egypt enhances operations with OpenText
07/25/24 Export Development Bank of Egypt Transforms Traditional Banking with OpenText
OTEX Chatroom

User Image Stock_Titan Posted - 1 week ago

$OTEX OpenText Harnesses AI to Revolutionize DevSecOps at Global Virtual Summit https://www.stocktitan.net/news/OTEX/open-text-harnesses-ai-to-revolutionize-dev-sec-ops-at-global-j7e6m5y6liep.html

User Image 11thestate Posted - 1 week ago

$OTEX is accepting claims for a $27.5M settlement it is paying to investors over claims that $CARB deceived investors about a faulty data backup program before being acquired by OpenText in 2019. Even if the deadline has passed, if you bought between October 18, 2018 and July 25, 2019, you can still file for payment here: https://11thestate.com/cases/carbonite-shareholder-settlement

User Image Price2Book Posted - 2 weeks ago

$OTEX looking like it's time to buy soon.

User Image Stock_Titan Posted - 2 weeks ago

$OTEX OpenText Analytics Digital Summit 2024 Provides Insight for Revolutionizing Business Analytics with AI https://www.stocktitan.net/news/OTEX/open-text-analytics-digital-summit-2024-provides-insight-for-mpvri32pfmnk.html

User Image Stock_Titan Posted - 2 weeks ago

$OTEX Nippon Gases Deutschland Aligns with OpenText to Accelerate E-Invoicing Compliance Ahead of German Mandates https://www.stocktitan.net/news/OTEX/nippon-gases-deutschland-aligns-with-open-text-to-accelerate-e-xe390zduisji.html

User Image insidemoney Posted - 08/27/24

$OTEX Open Text Corporation 14-Day RSI: 62.6 % from 52-Week Low: +18.5% % from 52-Week High: -28.3% Open Interest: 8,715 % Change: 0% Put/Call Ratio: 1.08 % Change: -0.1%

User Image 11thestate Posted - 1 month ago

$OTEX recently agreed to pay $27.5M to settle claims that $CARB deceived investors about a faulty data backup program before being acquired by OpenText in 2019. And even if you missed the deadline, you can still file a late claim: https://11thestate.com/cases/carbonite-shareholder-settlement FAQ for the settlement: 1. Do you need to sell/lose my shares to get this settlement? - No, if you have purchased during the class period, you are eligible. 2. How much money do I get per share? - The average sum is $1.79 per share, but usually, only 25% of all shareholders claim it, so you can get 4x more than this. 3. Who can claim this settlement? - All persons and entities who purchased or otherwise acquired Carbonite common stock between October 18, 2018 and July 25, 2019, inclusive. 4. How long does the payout process take? - The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration. 5. Can I claim even if I missed the deadline? - Yes. It is still possible to file a late claim. The court will decide whether to accept late claims or not. To file a late claim: https://11thestate.com/cases/carbonite-shareholder-settlement

User Image Stock_Titan Posted - 1 month ago

$OTEX Legal Professionals Gain a Strategic Advantage with AI-Powered OpenText Axcelerate with Aviator https://www.stocktitan.net/news/OTEX/legal-professionals-gain-a-strategic-advantage-with-ai-powered-open-nygvlh4t3weh.html

User Image GPS_hawkeye Posted - 1 month ago

$OTEX price now same as in 2015 ?? or Yahoo chart smth wrong? or OTEX late to the cloud and not so robust growth as its earlier years ? CEO said mid single-digit growth . That's not in the same zome as many semi-conductor and AI type companies

User Image Avocado_smash Posted - 1 month ago

$OTEX Same story.

User Image JoeS11 Posted - 1 month ago

$OTEX How is a company in this industry with an eps of $4/year trading at $29 and still dropping?

User Image NVDAMillionaire Posted - 1 month ago

$OTEX Open Text Corporation (OTEX): A Comprehensive Analysis of the Leading Information Management Company http://beyondspx.com/2024/08/01/open-text-corporation-otex-a-comprehensive-analysis-of-the-leading-information-management-company/

User Image DonCorleone77 Posted - 1 month ago

$OTEX OpenText downgraded to Sector Perform from Outperform at National Bank National Bank downgraded OpenText to Sector Perform from Outperform with an unchanged price target of $38. The company's former acquisition growth story is pivoting towards a more challenging organic growth strategy, the analyst tells investors in a research note. The firm believes the change in strategy towards organic growth is "admirable," but says "an aspirational organic growth target" of 2%-4% in fiscal 2027 "makes it challenging to see a material valuation re-rating."

User Image epsguid Posted - 1 month ago

$OTEX reported earnings of $0.98, consensus was $1.01, Earnings Whisper was $1.00 via @eWhispers #whispermiss http://eps.sh/d/otex

User Image Stock_Titan Posted - 1 month ago

$OTEX OpenText Reports Fourth Quarter and Fiscal Year 2024 Financial Results, Raises Fiscal 2025 Margin Targets https://www.stocktitan.net/news/OTEX/open-text-reports-fourth-quarter-and-fiscal-year-2024-financial-pqmgmpdemc8k.html

User Image PippPucky Posted - 1 month ago

Solid numbers coming in today, the leadership is going to announce revenue growth and future profitability growth on the top and bottom line. This is a great opportunity to ride this stock upwards.

User Image Avocado_smash Posted - 07/31/24

$OTEX This stock is weird, the last 2 ER, it beat but stock went down $5 or 15%, How about tomorrow?

User Image 11thestate Posted - 07/24/24

$OTEX will pay $27.5M to settle claims that $CARB deceived investors about a faulty data backup program before being acquired by OpenText in 2019. Even if you missed the deadline, you can still file a late claim: https://11thestate.com/cases/carbonite-shareholder-settlement

User Image StockConsultant Posted - 07/23/24

$OTEX Open Text stock watch for a bottom breakout, good upside price gap at https://stockconsultant.com/?OTEX

User Image Stock_Titan Posted - 2 months ago

$OTEX OpenText Cloud Editions 24.3 Unlocks Innovation and Productivity for Developers and Knowledge Workers Through Trusted Data https://www.stocktitan.net/news/OTEX/open-text-cloud-editions-24-3-unlocks-innovation-and-productivity-xdkl3k9whw70.html

User Image InvestorPlace Posted - 2 months ago

3 Moonshot Stocks That Could Turn $5,000 Into $25,000 $PLUG $OPFI $OTEX https://investorplace.com/2024/07/3-moonshot-stocks-that-could-turn-5000-into-25000/

User Image 50bps Posted - 2 months ago

$OTEX 👀

User Image Stock_Titan Posted - 2 months ago

$OTEX OpenText to Report Fourth Quarter Fiscal Year 2024 Financial Results on Thursday, August 1, 2024 https://www.stocktitan.net/news/OTEX/open-text-to-report-fourth-quarter-fiscal-year-2024-financial-kiwzzwe3qdws.html

User Image Atcl Posted - 2 months ago

$OTEX.TSX $OTEX IN- Looking for the up gap to fill now, lets see- GLTA

User Image Atcl Posted - 2 months ago

$OTEX $OTEX.TSX Will look to buy at that gap, lets see- GLTA

User Image PippPucky Posted - 2 months ago

$OTEX Gentlemen I am back. We have hit the momentum but sadly it's time to re-test the lows before Earnings... buy the dip end of July.

User Image vipbackchannel Posted - 2 months ago

$OTEX https://seekingalpha.com/news/4122064-open-text-plans-to-cut-1200-positions

User Image Aigner_Andreas Posted - 2 months ago

TF BUY $OTEX at 30.64 : 30.36 MidCap -92% Shp 1.24 S 8.89 N 0.97 RSI 59.6% SRSI 100% ADXR 34.47 #stocks #trading #finance #market

User Image Thestocktraderhubzee Posted - 06/26/24

JUN 27 2024. $AAPL B of A Securities Maintains Buy on Apple, Maintains $230 Price Target $RS B of A Securities Maintains Neutral on Reliance, Lowers Price Target to $335 $MRUS Citigroup Maintains Buy on Merus, Raises Price Target to $93 $CLF Citigroup Maintains Buy on Merus, Raises Price Target to $93 $OTEX Citigroup Maintains Neutral on Open Text, Lowers Price Target to $32

User Image Thestocktraderhubzee Posted - 06/24/24

WATCHLIST JUN 24 2024… $NET Cantor Fitzgerald Reiterates Neutral on Cloudflare, Maintains $80 Price Target $MSTR TD Cowen Maintains Buy on MicroStrategy, Raises Price Target to $1880 $CPAY B of A Securities Maintains Buy on Corpay, Raises Price Target to $331 $JBL B of A Securities Maintains Buy on Jabil, Lowers Price Target to $135 $OTEX CIBC Maintains Neutral on Open Text, Lowers Price Target to $36

Analyst Ratings
Barclays Equal-Weight Aug 5, 24
CIBC Neutral Jul 19, 24
Citigroup Neutral Jun 26, 24
CIBC Neutral Jun 21, 24
Scotiabank Sector Perform May 3, 24
Barclays Equal-Weight May 3, 24
BMO Capital Market Perform May 3, 24
Citigroup Neutral Mar 22, 24
RBC Capital Outperform Feb 2, 24