Open TextOTEX
OTEX
About: Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
Employees: 12,900
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
94% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $5.56M
7% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 42
3% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 96
0.76% more ownership
Funds ownership: 67.01% [Q3] → 67.78% (+0.76%) [Q4]
0% more funds holding
Funds holding: 277 [Q3] → 277 (+0) [Q4]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 6 (-1) [Q4]
15% less capital invested
Capital invested by funds: $6.02B [Q3] → $5.12B (-$896M) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$30
19%
upside
Avg. target
$32
28%
upside
High target
$36
43%
upside
4 analyst ratings
0 positive
0%
4 neutral
100%
0 negative
0%
Barclays Raimo Lenschow 35% 1-year accuracy 29 / 82 met price target | 43%upside $36 | Equal-Weight Maintained | 7 Feb 2025 |
RBC Capital Paul Treiber 37% 1-year accuracy 7 / 19 met price target | 23%upside $31 | Sector Perform Maintained | 7 Feb 2025 |
Citigroup Steven Enders 43% 1-year accuracy 12 / 28 met price target | 19%upside $30 | Neutral Maintained | 16 Jan 2025 |
UBS Seth Gilbert 0 / 0 met price target | 27%upside $32 | Neutral Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 6 articles about OTEX published over the past 30 days
Neutral
PRNewsWire
2 weeks ago
OpenText to Showcase New Innovations to Empower Healthcare Providers at HIMSS 2025
WATERLOO, ON , Feb. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional patient experiences to healthcare providers at the Healthcare Information and Management Systems Society Conference (HIMSS) 2025 in Las Vegas, March 3-6. Providers are facing myriad challenges and strong economic pressures, including fragmented communications across providers; paper-based administrative workflows; and rising ransomware threats.
Neutral
PRNewsWire
2 weeks ago
OpenText Appoints Chadwick Westlake Chief Financial Officer To Reinforce Top Priorities
WATERLOO, ON , Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns.
Neutral
PRNewsWire
2 weeks ago
OpenText Strengthens Consumer Cybersecurity Portfolio with Comprehensive Digital Life Protection
New Webroot Total Protection safeguards personal and financial information WATERLOO, ON , Feb. 25, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, an all-in-one cybersecurity solution built to go beyond traditional device security to deliver comprehensive digital life protection for individuals and families. With identity protection, VPN, parental controls, and unlimited cloud backup, users can safeguard their data, privacy, and online activities—all from a single, seamless platform.
Neutral
PRNewsWire
3 weeks ago
OpenText Launches Next Generation OpenText Cybersecurity Cloud With AI Powered Threat Detection and Response Capabilities
AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security tools WATERLOO, ON , Feb. 20, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally availability with Cloud Editions 25.2. OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities.
Positive
Seeking Alpha
3 weeks ago
Open Text: Still Decent Risk Reward
I rate Open Text a 'Buy' with a 1-year price target of $31.46 per share, projecting a 14.4% upside and a quarterly dividend of $0.26. OTEX's fundamentals have been choppy post-AMC divestiture, but liquidity and net margin improvements highlight potential for recovery. Key catalysts include the launch of Titanium X and a new licensing model, both expected to drive growth and margin expansion.
Positive
Schwab Network
4 weeks ago
OTEX CFO on A.I. in Software & Hyperscaler Partnerships
Mandu Ranganathan, CFO of Open Text (OTEX), discusses how the company has evolved through A.I. integration.
Neutral
Seeking Alpha
1 month ago
Open Text Corporation (OTEX) Q2 2025 Earnings Call Transcript
Open Text Corporation (NASDAQ:OTEX ) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Greg Secord - Head, IR Mark Barrenechea - CEO and CTO Madhu Ranganathan - President and Leader, Corporate Development Todd Cione - President, Worldwide Sales Conference Call Participants Raimo Lenschow - Barclays Bill Fitzsimmons - Jefferies Thanos Moschopoulos - BMO Capital Markets Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Seth Gilbert - UBS Kevin Krishnaratne - Scotiabank Richard Tse - National Bank Financial Operator Thank you for standing by. This is the conference operator.
Positive
Zacks Investment Research
1 month ago
Open Text (OTEX) Beats Q2 Earnings and Revenue Estimates
Open Text (OTEX) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.24 per share a year ago.
Neutral
PRNewsWire
1 month ago
OpenText Reports Second Quarter Fiscal Year 2025 Financial Results
Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6% GAAP EPS of $0.87, Non-GAAP EPS of $1.11 Operating Cash Flows of $348M and Free Cash Flows of $307M Fiscal 2025 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,335 $1,053 $462 (13.1) % (8.1) % +2.7 % Annual Recurring Revenues represent 79% of Total Revenues "OpenText's Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company's top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns," said Mark J.
Positive
24/7 Wall Street
1 month ago
3 Top Tech Stocks to Buy in February
The technology sector is projected to experience significant growth in 2025, with worldwide IT spending expected to reach approximately
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