Open TextOTEX
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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
97% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $9.76M
22% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 91
2.58% more ownership
Funds ownership: 65.75% [Q4 2024] → 68.33% (+2.58%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
7% less funds holding
Funds holding: 278 [Q4 2024] → 259 (-19) [Q1 2025]
7% less capital invested
Capital invested by funds: $4.95B [Q4 2024] → $4.6B (-$350M) [Q1 2025]
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
UBS Seth Gilbert | 7%downside $28 | Neutral Maintained | 2 May 2025 |
CIBC Stephanie Price | 3%upside $31 | Neutral Maintained | 2 May 2025 |
Barclays Raimo Lenschow | 3%downside $29 | Equal-Weight Maintained | 21 Apr 2025 |
Financial journalist opinion
