Open Text Corp OTEX

$27.95 +0.01 (0.04%)

Valuation

Market cap
6,760,183,000
Revenue TTM
$5,246,400,000
Net income TTM
$643,020,000
PE ratio
6.77
Forward PE
7.51
Profit margin
12.26%
Debt to equity
1.44

Trading

Volume
1,793,700
Avg volume
1,322,506
Day's range
$27.51 – $28.32
Shares out
241,867,000
Stochastic %K
91%
Beta
1.01
Analysts
Sell
Price target
$27.95

Price

Company profile

Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service o...

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Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also engages in licensing software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer's systems. In addition, the company offers content, business network, observability and service management, cybersecurity, application delivery management, and analytics. It has partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and SALESFORCE, INC., as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves global 10,000 organizations, enterprise companies, public sector agencies, mid-market companies, SMBS, and direct consumers. The company has a strategic partnership with Cohere to develops and provides agentic AI to governments and regulated industries. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Industry
Software - Application
Sector
Technology
Phone
519-888-7111
Website
https://www.opentext.com
Address
275 Frank Tompa Drive, Waterloo, Canada

Latest news

Stocktwits

cleggatt Oct 23, 8:52 PM 0 replies
algo888 Oct 8, 11:55 AM
$OTEX must call broker to Buy????
0 replies
AlertsAndNews Oct 5, 11:26 PM
Gappers here in after hours trading $OLOX $OTEX $JAGX $WHLR $EPOW I'll update later this evening.
0 replies
mnopqrst Sep 30, 8:43 PM
$OTEX in talks to divest Webroot/Carbonite. Fingers crossed, the influx of cash increases the stock price!
0 replies
topstockalerts Sep 21, 8:41 PM
OpenText is gaining investor attention following its strategic partnership with Cohere, announced earlier this week. The companies said at the ALL IN AI conference in Montreal that they will combine OpenText’s enterprise data-management capabilities with Cohere’s North agentic AI platform and models, targeting governments and regulated industries seeking to move agentic AI deployments from pilots into full production. The partnership includes joint product development, integration of Cohere’s AI models and orchestration platform into OpenText’s Aviator AI agents, coordinated go-to-market efforts and a strategic resale agreement through SOLEX. This will allow OpenText to offer Cohere-powered solutions both on-premises and through OpenText Cloud. CEO Ayman Antoun emphasized that enterprise data provides the context needed for agentic AI to operate effectively. $OTEX $COHEZZX.P
0 replies
Ed_Ng Sep 16, 7:33 PM
$OTEX dead stock
0 replies
mnopqrst Sep 16, 2:38 PM
$OTEX OpenText, Cohere Partner to Combine Trusted Data with Agentic AI https://www.prnewswire.com/news-releases/opentext-cohere-partner-to-combine-trusted-data-with-agentic-ai-302880201.html
0 replies
dbeelz123 Sep 10, 9:43 AM
$OTEX The maths are really very simple for OTEX investors - figure out where the 3B+ they spent on MicrFocus went. By any reckoning the terms of the acquisition and subsequent piecemeal sell off of the tiny fraction that had any real value leaves OT with a $3B “AI” solution - Aviator - that isn’t making them anywhere near enough money to even service the debt. To the person who said they have great AI, that’s laughable- they are so far behind and it’s all hype and coattails, nothing under the cover. This story ends poorly for investors, you should really look at their longer history of performance if the takeaway is they are not a growth stock. Once you realize that a couple of washed up execs from Canada’s finest tech companies are supposed to turnaround a global software company with a massive debt load to service, is that a wise investment?
0 replies