OTEX 📈 Open Text - Overview

Exchange: NASDAQ • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6837151068

OTEX: Content Management, Cybersecurity, Cloud Computing, Analytics, Automation

Open Text Corporation is a leading provider of information management solutions, offering a wide range of products and services that enable organizations to manage their content, data, and processes more effectively. The company's content services include content collaboration, intelligent capture, records management, and archiving, which help organizations to streamline their content management processes and improve productivity. Additionally, Open Text's experience cloud platform provides a suite of tools for customer experience management, including web content management, digital asset management, customer analytics, and AI-driven insights, allowing organizations to deliver personalized and engaging customer experiences.

Open Text also provides a comprehensive cybersecurity cloud solution that protects organizations from threats across endpoints, networks, applications, and IT infrastructure. This solution includes AI-led threat intelligence, threat forensics, identity management, encryption, and cloud-based application security, ensuring that critical information and processes are secure. Furthermore, the company's business network cloud enables digital supply chains and secure e-commerce ecosystems, allowing organizations to digitize and automate their procure-to-pay and order-to-cash processes. The IT operations management cloud provides automation and advancement of IT support and asset management, while the analytics and AI cloud solutions offer practical applications of artificial intelligence to provide organizations with actionable insights and better automation.

The company's product portfolio also includes application automation cloud, developers cloud, and services, which cater to the needs of developers and organizations looking to automate and streamline their application development and deployment processes. Open Text has established strategic partnerships with leading technology companies such as SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, and Oracle Corporation, among others. These partnerships enable the company to provide integrated solutions that meet the evolving needs of its customers. With its headquarters in Waterloo, Canada, and a global presence, Open Text Corporation is well-positioned to serve the information management needs of organizations worldwide.

As a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol OTEX, Open Text Corporation is committed to delivering value to its shareholders and customers. The company's common stock is traded under the ISIN code CA6837151068 and is classified under the GICS sub-industry of application software. With a strong track record of innovation and customer satisfaction, Open Text Corporation continues to be a leader in the information management industry, providing solutions that help organizations to manage their information, data, and processes more effectively. For more information, please visit the company's website at https://www.opentext.com.

Additional Sources for OTEX Stock

OTEX Stock Overview

Market Cap in USD 7,871m
Sector Technology
Industry Software - Application
GiC Sub-Industry Application Software
IPO / Inception 1998-09-09

OTEX Stock Ratings

Growth 5y -48.6%
Fundamental 40.2%
Dividend 68.4%
Rel. Strength Industry -225
Analysts 3.69/5
Fair Price Momentum 25.10 USD
Fair Price DCF 65.91 USD

OTEX Dividends

Dividend Yield 12m 3.66%
Yield on Cost 5y 2.63%
Annual Growth 5y 7.81%
Payout Consistency 98.0%

OTEX Growth Ratios

Growth Correlation 3m -69%
Growth Correlation 12m -65.6%
Growth Correlation 5y -49%
CAGR 5y -6.37%
CAGR/Mean DD 5y -0.29
Sharpe Ratio 12m -1.25
Alpha -61.75
Beta 1.08
Volatility 33.30%
Current Volume 232.3k
Average Volume 20d 727k
What is the price of OTEX stocks?
As of December 27, 2024, the stock is trading at USD 28.01 with a total of 232,259 shares traded.
Over the past week, the price has changed by +2.34%, over one month by -6.70%, over three months by -14.40% and over the past year by -31.85%.
Is Open Text a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Open Text (NASDAQ:OTEX) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 40.17 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OTEX as of December 2024 is 25.10. This means that OTEX is currently overvalued and has a potential downside of -10.39%.
Is OTEX a buy, sell or hold?
Open Text has received a consensus analysts rating of 3.69. Therefor, it is recommend to hold OTEX.
  • Strong Buy: 4
  • Buy: 1
  • Hold: 8
  • Sell: 0
  • Strong Sell: 0
What are the forecast for OTEX stock price target?
According to ValueRays Forecast Model, OTEX Open Text will be worth about 27.2 in December 2025. The stock is currently trading at 28.01. This means that the stock has a potential downside of -3%.
Issuer Forecast Upside
Wallstreet Target Price 35.7 27.3%
Analysts Target Price 48.2 72.1%
ValueRay Target Price 27.2 -3%