Open Text Corp (OTEX) Shares Surge 5.0% -- What GF Score of 87 Tells Investors
On May 18, 2026, Open Text Corp (OTEX) shares rose 5.0% to $23.81. The stock has experienced a 52-week range of $20.00 to $39.90, reflecting considerable volati
OTEX - Open Text Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$31.20
DETAILS
HIGH:
$40.00
LOW:
$25.00
MEDIAN:
$27.00
CONSENSUS:
$31.20
UPSIDE:
32.94%
Stock News
Rocket Software Completes Acquisition of Vertica, Expanding High-Performance Analytics and AI for Mission-Critical Systems
WALTHAM, Mass., May 11, 2026 (GLOBE NEWSWIRE) -- Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, today announced the completion of its acquisition of Vertica®, an enterprise-grade analytics database platform, from OpenText (NASDAQ: OTEX), (TSX: OTEX).
OpenText Completes US$150 Million Divestiture of Non-Core Vertica to Rocket Software
Transaction advances OpenText's strategy, divesting non-core structured data analytics platform WATERLOO, ON, May 11, 2026 /PRNewswire/ -- Open Text™ Corporation (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today announced the completion of its divestiture of Vertica to Rocket Software Inc., a Bain Capital portfolio company, for US$150 million in cash before taxes, fees, and other adjustments. "This transaction is consistent with our non-core divestiture strategy and our disciplined approach to capital allocation.
Open Text Q3 Earnings Call Highlights
Open Text NASDAQ: OTEX used its fiscal third-quarter 2026 earnings call to highlight record cloud metrics, expanding margins, and a steady full-year revenue outlook, while newly appointed CEO Ayman Antoun outlined early priorities focused on clients, execution, and building an organic growth plan. Get Open Text alerts:Sign UpNew CEO outlines priorities centered on clients, partners, and execution Antoun, speaking on his 14th working day as CEO, said his near-term focus is guided by four priorities: “listen,” “learn,” “assess,” and “build.
Open Text Corporation (OTEX) Q3 2026 Earnings Call Transcript
Open Text Corporation (OTEX) Q3 2026 Earnings Call Transcript
OpenText Reports Third Quarter Fiscal Year 2026 Financial Results
Total Revenues of $1.28B, Cloud Revenue Grows 6.6% Y/Y Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 34% Ayman Antoun Officially Joins as OpenText CEO effective April 20, 2026 Fiscal 2026 Third Quarter Highlights (in millions)(1) Total Revenues Cloud Revenues Profitability Diluted EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $1,283 $493 $173 $438 $0.70 $1.01 $355 $305 +2.2% Y/Y +6.6% Y/Y 13.5% margin 34.1% margin +100.0% Y/Y +23.2% Y/Y -11.8% Y/Y -18.4% Y/Y WATERLOO, ON, May 7, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the third quarter ended March 31, 2026. "I am delighted to join OpenText at a defining moment for our clients and our industry.
Open Text: Deep Value Software Showing Signs Of Life
Open Text is repositioning around Content Cloud and AI, simplifying its portfolio, and trading at distressed-level multiples despite ongoing profitability. OTEX is executing divestitures, paying down debt, buying back shares, and increasing dividends, with Content Cloud now accounting for 43% of revenue and 18% YoY growth. Restoring revenue growth and stabilizing the top line are critical for rerating; management guides for 1-2% revenue growth in 2026, with Q3 earnings a key catalyst.
OpenText Appoints James McGourlay as President, Chief Client Officer
WATERLOO, ON, April 20, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that James McGourlay will transition from Interim Chief Executive Officer to President, Chief Client Officer, effective April 20, 2026. In this role, Mr.
OpenText Enterprise Data and AI Solutions to be Available on AWS European Sovereign Cloud
/PRNewswire/ -- OpenText (NASDAQ/TSX: OTEX), a global leader in secure information management for AI, announced today that it will make a number of its world
OpenText and S3NS Partner to Deliver European Sovereign Cloud Solutions with Google Cloud
/PRNewswire/ -- OpenText (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today announced a strategic partnership with S3NS, an
OpenText to Report Third Quarter Fiscal Year 2026 Financial Results on Thursday, May 7, 2026
Company Reports Preliminary Q3FY26 Revenue Expectations of Approximately US$1.28 Billion WATERLOO, ON, April 10, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today preliminary third quarter fiscal year 2026 revenue expectation of approximately US$1.28 billion. OpenText will release its full financial results for its third quarter fiscal year 2026 on Thursday, May 7, 2026, at approximately 4:00 p.m.
Open Text (TSE:OTEX) Share Price Crosses Below 200 Day Moving Average – What’s Next?
Open Text Co. (TSE: OTEX - Get Free Report) (NASDAQ: OTEX)'s share price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$43.55 and traded as low as C$30.20. Open Text shares last traded at C$31.00, with a volume of 1,323,078 shares trading
Head-To-Head Review: Open Text (NASDAQ:OTEX) & Smith Micro Software (NASDAQ:SMSI)
Smith Micro Software (NASDAQ: SMSI - Get Free Report) and Open Text (NASDAQ: OTEX - Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership. Institutional and Insider Ownership 20.8%
Open Text Corporation (NASDAQ:OTEX) Receives Average Recommendation of “Hold” from Analysts
Shares of Open Text Corporation (NASDAQ: OTEX - Get Free Report) (TSE: OTC) have been assigned an average recommendation of "Hold" from the fourteen brokerages that are currently covering the company, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average
Enterprises Rush into GenAI Without Security Foundations, New Ponemon Study Finds
Global research from OpenText and Ponemon shows strong security foundations are critical to scaling Enterprise AI WATERLOO, ON, March 23, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today released a new global report, "Managing Risks and Optimizing the Value of AI, GenAI & Agentic AI," developed in partnership with the Ponemon Institute. The research revealed that, while more than half of enterprises (52%) have fully or partially deployed GenAI, security and governance is falling behind.
Open Text (NASDAQ:OTEX) and Unitronix (OTCMKTS:UTRX) Head-To-Head Analysis
Unitronix (OTCMKTS:UTRX - Get Free Report) and Open Text (NASDAQ: OTEX - Get Free Report) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Analyst Ratings This is a breakdown of
Bank of Nova Scotia Decreases Stock Position in Open Text Corporation $OTEX
Bank of Nova Scotia lessened its holdings in Open Text Corporation (NASDAQ: OTEX) (TSE: OTC) by 53.4% in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 800,753 shares of the software maker's stock after selling 918,685 shares during the quarter. Bank
Open Text Corporation (OTEX) Presents at 29th Annual Scotiabank Telecom, Media & Technology Conference Transcript
Open Text Corporation (OTEX) Presents at 29th Annual Scotiabank Telecom, Media & Technology Conference Transcript
Open Text Corporation (NASDAQ:OTEX) Given Consensus Rating of “Hold” by Brokerages
Shares of Open Text Corporation (NASDAQ: OTEX - Get Free Report) (TSE: OTC) have been given a consensus recommendation of "Hold" by the fourteen ratings firms that are covering the stock, MarketBeat reports. Eleven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month
Comparing Unitronix (OTCMKTS:UTRX) and Open Text (NASDAQ:OTEX)
Open Text (NASDAQ: OTEX - Get Free Report) and Unitronix (OTCMKTS:UTRX - Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, analyst recommendations and risk. Earnings and Valuation This table compares Open
Price Targets
OpenText price target raised to $27 from $25 at Barclays
$27.00
(was $24.71)
Barclays
OpenText price target lowered to $27 from $30 at RBC Capital
$27.00
(was $24.19)
RBC Capital
OpenText price target lowered to $40 from $50 at Scotiabank
$40.00
(was $24.21)
Scotiabank
OpenText price target lowered to $25 from $26 at UBS
$25.00
(was $24.34)
UBS
OpenText price target lowered to $25 from $30 at Barclays
$25.00
(was $23.40)
Raimo Lenschow
·
Barclays
OpenText price target lowered to $30 from $33 at RBC Capital
$30.00
(was $24.22)
RBC Capital
OpenText price target lowered to $26 from $38 at UBS
$26.00
(was $23.98)
UBS
OpenText price target lowered to $30 from $39 at Barclays
$30.00
(was $22.79)
Barclays
OpenText price target lowered to $37 from $40 at CIBC
$37.00
(was $30.30)
Stephanie Price
·
CIBC
OpenText price target raised to $35 from $33 at Jefferies
$35.00
(was $35.98)
Samad Samana
·
Jefferies
OpenText price target raised to $40 from $34 at CIBC
$40.00
(was $38.89)
Stephanie Price
·
CIBC
OpenText price target raised to $39 from $33 at Barclays
$39.00
(was $39.13)
Raimo Lenschow
·
Barclays
OpenText resumed with Hold from Buy at TD Securities
$40.00
(was $37.66)
TD Securities
OpenText price target raised to $35 from $30 at RBC Capital
$35.00
(was $32.89)
RBC Capital
OpenText price target raised to $35 from $30 at Scotiabank
$35.00
(was $29.22)
Kevin Krishnaratne
·
Scotiabank
RBC Capital Downgrades Open Text (OTEX) to Sector Perform
$33.00
(was $28.98)
Paul Treiber
·
RBC Capital
OpenText price target lowered to $48 from $55 at Raymond James
$48.00
(was $29.24)
Steven Li
·
Raymond James
OpenText price target lowered to $38 from $44 at Barclays
$38.00
(was $35.47)
Raimo Lenschow
·
Barclays
OpenText price target lowered to $50 from $60 at National Bank
$50.00
(was $35.47)
Richard Tse
·
National Bank
OpenText downgraded to Market Perform from Outperform at BMO Capital
$38.00
(was $35.47)
Thanos Moschopoulos
·
BMO Capital