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Open Text Corporation
OTEXTechnologyNASDAQCA
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FAF, CAL, CVE, UGP and OTEX stand out with attractive EV-to-EBITDA ratios and strong earnings outlooks.
WATERLOO, ON, May 29, 2026 /PRNewswire/ -- OpenText™ (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today joined the OECD's Hiroshima AI Process (HAIP) Reporting Framework, the international mechanism where organizations demonstrate alignment with the G7's voluntary code of conduct for the safe development and deployment of advanced AI. "Trust in AI begins with the data underneath the model and how it is governed, protected and contextualized," said Ayman Antoun, Chief Executive Officer of OpenText.
Open Text (OTEX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The average of price targets set by Wall Street analysts indicates a potential upside of 30.7% in Open Text (OTEX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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
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).
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 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
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 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.
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 will offer customers a hybrid sovereign cloud architecture that supports regulated European Union organizations with secure, AI‑ready data platforms, complementing what is available in North America today WATERLOO, ON, April 13, 2026 /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 leading enterprise data and AI solutions available on the AWS European Sovereign Cloud, a new independent cloud for Europe. By making its hybrid sovereign cloud offering available via the AWS European Sovereign Cloud, Canada-based OpenText expands its ability to provide a hybrid sovereign cloud in Europe, giving customers the flexibility to leverage the cloud capabilities of AWS while keeping sensitive data and governance firmly anchored within European boundaries.
Strategic Partnership to Expand European Trusted Cloud with Hybrid Architecture for Secure AI at Scale WATERLOO, Ontario, April 13, 2026 /PRNewswire/ -- OpenText™ (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today announced a strategic partnership with S3NS, an alliance between Thales, a French leader in cybersecurity in Europe, and Google Cloud, to bring European organizations a trusted cloud platform based on Google Cloud technology, that meets the highest security and compliance criteria in France to offer strict data residency, regulatory compliance, and operational controls. The partnership delivers a hybrid trusted cloud architecture for Europe out of France, enabling organizations to keep their most sensitive data workloads within a locally governed environment, while securely leveraging hyperscaler cloud services for non-sensitive workloads, innovation, and scale.
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 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
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%
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
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.
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 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
