OTEX Stock - Open Text Corporation
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $5.30B | $5.71B | $4.53B | $3.43B | $3.51B |
| Gross Profit | $3.36B | $3.59B | $2.76B | $2.09B | $2.12B |
| Gross Margin | 63.5% | 62.9% | 61.0% | 60.9% | 60.5% |
| Operating Income | $1.07B | $1.01B | $696.44M | $680.37M | $764.80M |
| Net Income | $446.57M | $460.50M | $151.97M | $390.33M | $321.87M |
| Net Margin | 8.4% | 8.1% | 3.4% | 11.4% | 9.2% |
| EPS | $1.66 | $1.71 | $0.56 | $1.44 | $1.18 |
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides eDiscovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 15th 2025 | National Bank Financial | Upgrade | Outperform | $45 |
| August 12th 2025 | Jefferies | Downgrade | Hold | $33 |
| December 17th 2024 | UBS | Initiation | Neutral | $32 |
| November 1st 2024 | RBC Capital Mkts | Downgrade | Sector Perform | $33← $45 |
| August 2nd 2024 | National Bank Financial | Downgrade | Sector Perform | - |
| May 3rd 2024 | BMO Capital Markets | Downgrade | Market Perform | $38← $50 |
| February 27th 2024 | Jefferies | Initiation | Buy | $45 |
| March 22nd 2023 | Barclays | Resumed | Equal Weight | $41 |
| September 1st 2022 | Citigroup | Initiation | Neutral | $34 |
| August 26th 2022 | CIBC | Downgrade | Neutral | - |
Earnings History & Surprises
OTEXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $1.04 | — | — | — |
Q4 2025 | Nov 5, 2025 | $1.00 | $1.05 | +5.0% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $0.86 | $0.97 | +12.8% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $0.81 | $0.82 | +1.2% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $0.92 | $1.11 | +20.7% | ✓ BEAT |
Q4 2024 | Oct 31, 2024 | $0.81 | $0.93 | +14.8% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $1.01 | $0.98 | -3.0% | ✗ MISS |
Q2 2024 | May 2, 2024 | $0.94 | $0.94 | 0.0% | = MET |
Q1 2024 | Feb 1, 2024 | $1.21 | $1.24 | +2.5% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $0.91 | $1.01 | +11.0% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $0.94 | $0.91 | -3.2% | ✗ MISS |
Q2 2023 | May 4, 2023 | $0.51 | $0.73 | +43.1% | ✓ BEAT |
Q1 2023 | Feb 2, 2023 | $0.78 | $0.89 | +14.1% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $0.76 | $0.77 | +1.3% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $0.79 | $0.80 | +1.3% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.67 | $0.70 | +4.5% | ✓ BEAT |
Q1 2022 | Feb 3, 2022 | $0.90 | $0.89 | -1.1% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.81 | $0.83 | +2.5% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $0.72 | $0.80 | +11.1% | ✓ BEAT |
Latest News
OpenText Expands Collaboration With Google Cloud To Integrate Its Enterprise Information Management Expertise With Google Cloud's AI, Infrastructure Technologies
📈 PositiveUBS Maintains Neutral on Open Text, Raises Price Target to $38
➖ NeutralOpen Text shares are trading lower. The company reported Q1 financial results.
📉 NegativeOpen Text Q1 Adj. EPS $1.05 Beats $0.97 Estimate, Sales $1.288B Beat $1.277B Estimate
📈 PositiveOpen Text Q1 Adj. EPS $1.05 Beats $0.99 Estimate, Sales $1.288B Beat $1.275B Estimate
📈 PositiveCitigroup Maintains Neutral on Open Text, Raises Price Target to $38
➖ NeutralCIBC Maintains Neutral on Open Text, Raises Price Target to $40
➖ NeutralBarclays Maintains Equal-Weight on Open Text, Raises Price Target to $39
➖ NeutralOpenText Signs Strategic MOU With Core42 To Accelerate AI, Cloud, And Automation Initiatives Across UAE Public Sector
📈 PositiveTD Cowen Reinstates Hold on Open Text, Announces $40 Price Target
➖ NeutralOpen Text Reaches Definitive Agreement To Divest Non-Core Unit for $163M
📈 PositiveOpen Text Appoints Steve Rai As EVP, CFO, Effective October 6
➖ NeutralFiserv Launches Content Management And Workflow Tool Content Next In Collaboration With OpenText
📈 PositiveScotiabank Upgrades Open Text to Sector Outperform, Raises Price Target to $50
📈 PositiveOpen Text shares are trading higher after National Bank Financial upgraded the stock from Sector Perform to Outperform and raised its price target from $34 to $45.
📈 PositiveNational Bank Financial Inc Upgrades Open Text to Outperform, Raises Price Target to $45
📈 PositiveRBC Capital Maintains Sector Perform on Open Text, Raises Price Target to C$35
➖ NeutralRBC Capital Maintains Sector Perform on Open Text, Raises Price Target to $35
➖ NeutralFrequently Asked Questions about OTEX
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