• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    OpenText Report Raises Awareness for Consumer Digital Life Protection as Privacy Concerns Increase with Generative AI Use

    10/3/24 8:45:00 AM ET
    $OTEX
    EDP Services
    Technology
    Get the next $OTEX alert in real time by email

    As generative AI usage becomes more widespread, two-thirds of respondents expressed concern about AI systems collecting their data 

    WATERLOO, ON, Oct. 3, 2024 /PRNewswire/ -- OpenText™ (NASDAQ:OTEX), (TSX:OTEX) today released the results of Webroot's 2024 GenAI Consumer Trends and Privacy Report. The survey of over 1,000 U.S. consumers found that 39% of consumers use generative AI at least weekly, but significant privacy concerns persist, especially among parents. Additionally, while consumers have taken steps to protect their personal information, only 27% use privacy tools and settings to protect workplace information when using generative AI.

    OpenText (PRNewsfoto/Open Text Corporation)

    As artificial intelligence becomes more integrated into our daily lives, it's crucial for consumers to stay informed about its implications for privacy and data security. According to the Federal Trade Commission (FTC), consumers are becoming a main target for AI fraud and recently announced five new cases of AI deception aimed at targeting consumer services. With AI systems often processing vast amounts of personal information, individuals must recognize the potential risks of data misuse and surveillance. Consumers can better protect their sensitive information from unauthorized access and exploitation through active management of their device privacy settings and installing comprehensive device, privacy and identity protection software such as Webroot Premium.

    "The accessibility of generative AI has transformed how people engage with new technology in their personal and work lives," said Muhi Majzoub, executive vice president and chief product officer, OpenText. "These findings show that as personal and family AI use increases, it's essential to have straightforward privacy and security solutions and transparent data collection practices so everyone can use generative AI safely."

    Findings from the survey include:

    More consumers rely on generative AI as widespread use grows, but privacy concerns remain.

    • Generative AI usage is common, with 39% of respondents using AI at least weekly, and almost half (46%) are using it regularly. Text generation tools like ChatGPT dominate, with 62% ranking them as the most frequently used AI tool.
    • Generative AI use varies by age. Only 22% of respondents aged 20-30 and 25% of those aged 31-40 have never used generative AI, compared to 41% of respondents aged 41-50.
    • AI usage is expected to grow: Over half (56%) expect to increase AI usage in the next year, while nearly two-thirds (63%) expect growth in five years. Yet, 20% of respondents aged 41 to 50 years old don't use generative AI tools and never will.
    • However, concerns about AI's impact on privacy are significant: 90% of respondents are concerned or neutral about AI systems collecting their data, with two-thirds expressing concern.

    Privacy tools and settings to protect data collection from generative AI systems are used more in personal life than in the workplace.

    • When asked if they have taken steps or used privacy tools and settings to protect personal information when using generative AI, 43% of respondents reported using privacy tools and settings, 32% are considering it, 16% do not know how to protect their information, and 9% do not and are not concerned.
    • Privacy tools and settings are underutilized at work: Only 27% of employed respondents use privacy tools and settings to protect workplace information when using generative AI.
    • For those who do use privacy tools and settings in the workplace, the most popular tools include password managers (64%), antivirus software (63%), VPNs (62%), ad blockers (61%), and identity theft protection (57%).
    • Personal protection is higher: 76% use strong, unique passwords, 69% regularly update software, and 64% use two-factor authentication to safeguard their data.

    Parents are worried about their children's AI use. Over three-quarters of parents (77%) are concerned about their children's privacy when using generative AI tools.

    • About half (49%) of parents are very concerned, and only 8% are not concerned.
    • A majority of parents (52%) monitor their children's activity when using AI, while others rely on parental controls (50%) or educate their children on privacy (45%).
    • Generative AI has quickly become a concern for most parents, even surpassing video game use for some. When generative AI systems are compared to video games for collecting and using their children's personal data, 85% of parents are more concerned about generative AI or equally concerned about generative AI than video games.

    To learn more about the findings of OpenText's 2024 Gen AI Consumer Trends and Privacy Report, view the blog. To learn more about protecting your online identity, visit Webroot's site here.

    Survey Methodology

    Webroot polled 1,014 consumers in the U.S. Of those surveyed, 30% are aged 20 to 30 years old, 35% are 31 to 40 years old, and 35% are 41 to 50 years old; 51% identify as female and 48% identify as male; 53% have children and 47% do not have children. Respondents come from diverse job roles: 8% are business owners or founders, 6% are in C-level positions, 4% are directors or VPs, 19% are managers or team leaders, 29% are individual contributors, and 34% are not employed. Of those who are owners or founders, 88% own a small business.

    About OpenText Cybersecurity

    OpenText Cybersecurity provides comprehensive security solutions for companies and partners of all sizes. OpenText Cybersecurity provides comprehensive security solutions for companies and partners of all sizes. From prevention, detection and response to recovery, investigation and compliance, our unified/end-to-end platform helps customers build cyber resilience via a holistic security portfolio. Powered by actionable insights from our real-time and contextual threat intelligence, OpenText Cybersecurity customers benefit from high efficacy products, a compliant experience and simplified security to help manage business risk.

    About OpenText 

    OpenText™ is the leading Information Management software and services company in the world.  We help organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology.  For more information about OpenText (TSX:OTEX), please visit us at www.opentext.com.

    Connect with us:

    OpenText CEO Mark Barrenechea's blog

    Twitter | LinkedIn 

    Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies, and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company's or our CEO's blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.

    Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

    OTEX-G

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/opentext-report-raises-awareness-for-consumer-digital-life-protection-as-privacy-concerns-increase-with-generative-ai-use-302266175.html

    SOURCE Open Text Corporation

    Get the next $OTEX alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $OTEX

    DatePrice TargetRatingAnalyst
    9/15/2025$45.00Sector Perform → Outperform
    National Bank Financial
    8/12/2025$33.00Buy → Hold
    Jefferies
    12/17/2024$32.00Neutral
    UBS
    11/1/2024$45.00 → $33.00Outperform → Sector Perform
    RBC Capital Mkts
    8/2/2024Outperform → Sector Perform
    National Bank Financial
    5/3/2024$50.00 → $38.00Outperform → Market Perform
    BMO Capital Markets
    2/27/2024$45.00Buy
    Jefferies
    3/22/2023$41.00Equal Weight
    Barclays
    More analyst ratings

    $OTEX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    OpenText Increases Share Repurchase Program to US$500 Million

    WATERLOO, ON, Feb. 10, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2026 share repurchase program by US$200 million, whereby it intends to purchase for cancellation up to a maximum aggregate value of US$500 million of its common shares (Common Shares) pursuant to a normal course issuer bid (NCIB). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 24,906,456 Common Shares, which was previously approved by the Toronto Stock Exchange (TSX).

    2/10/26 8:00:00 AM ET
    $OTEX
    EDP Services
    Technology

    OpenText Reports Second Quarter Fiscal Year 2026 Financial Results

    Total Revenues of $1.33B, 20 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 37.0%  Fiscal 2026 Second 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 $1,327 $478 $168 $491 $0.66 $1.13 $319 $279 -0.6% Y/Y +3.4% Y/Y 12.7% margin 37.0% margin -24.1% Y/Y +1.8% Y/Y -8.4% Y/Y -8.9% Y/Y WATERLOO, ON, Feb. 5, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced its financial results for the second quarter ended December 31, 2025.

    2/5/26 4:01:00 PM ET
    $OTEX
    EDP Services
    Technology

    Rocket Software to Acquire Vertica Analytics Database Platform from OpenText

    WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ:OTEX), (TSX:OTEX). Vertica is an enterprise-grade analytics database platform trusted by leading global organizations for its proven technology and industrial-strength performance for mission-critical analytical workloads. The technology sits at the center of many of today's investments and helps enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance, and cost requirement

    2/2/26 9:10:52 AM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Open Text upgraded by National Bank Financial with a new price target

    National Bank Financial upgraded Open Text from Sector Perform to Outperform and set a new price target of $45.00

    9/15/25 8:01:48 AM ET
    $OTEX
    EDP Services
    Technology

    Open Text downgraded by Jefferies with a new price target

    Jefferies downgraded Open Text from Buy to Hold and set a new price target of $33.00

    8/12/25 7:56:21 AM ET
    $OTEX
    EDP Services
    Technology

    UBS initiated coverage on Open Text with a new price target

    UBS initiated coverage of Open Text with a rating of Neutral and set a new price target of $32.00

    12/17/24 8:15:27 AM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 3: New insider Open Text Corp claimed ownership of 1,000 shares

    3 - OPEN TEXT CORP (0001002638) (Reporting)

    12/23/21 4:05:16 PM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    SEC Filings

    View All

    Open Text Corporation filed SEC Form 8-K: Other Events

    8-K - OPEN TEXT CORP (0001002638) (Filer)

    2/10/26 8:13:34 AM ET
    $OTEX
    EDP Services
    Technology

    SEC Form 10-Q filed by Open Text Corporation

    10-Q - OPEN TEXT CORP (0001002638) (Filer)

    2/5/26 4:03:26 PM ET
    $OTEX
    EDP Services
    Technology

    Open Text Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events

    8-K - OPEN TEXT CORP (0001002638) (Filer)

    2/5/26 4:02:09 PM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    Leadership Updates

    Live Leadership Updates

    View All

    OpenText Appoints Ayman Antoun as Chief Executive Officer

    Proven global technology leader to drive disciplined growth in cloud modernization and enterprise AI WATERLOO, ON, Jan. 29, 2026 /PRNewswire/ -- OpenText Corporation (NASDAQ:OTEX) (TSX:OTEX) ("OpenText" or the "Company") today announced that its Board of Directors ("Board") has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20, 2026. Mr. Antoun brings more than three decades of global technology, operating discipline and transformation leadership to OpenText, built over a seasoned career in the information technology industry. As P

    1/29/26 8:30:00 AM ET
    $OTEX
    EDP Services
    Technology

    OpenText Appoints George Schindler to Board of Directors

    WATERLOO, ON, Oct. 6, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced the appointment of George Schindler to its board of directors. Mr. Schindler previously served as President and Chief Executive Officer of CGI Inc. ("CGI") from 2016 to 2024 and currently serves as a member of the board of directors of CGI. In his capacity as President and Chief Executive Officer, he led the development and implementation of CGI's profitable growth strategy to strengthen its market position as one of the world's leading global business and strategic IT consulting services firms.

    10/6/25 5:00:00 PM ET
    $OTEX
    EDP Services
    Technology

    OpenText Appoints Steve Rai EVP, Chief Financial Officer

    WATERLOO, ON, Oct. 1, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), a global leader in secure information management for AI, today announced Steve Rai as Executive Vice President, Chief Financial Officer, effective October 6, 2025.  Mr. Rai brings over 30 years of global finance experience and a proven track record as a technology industry veteran. He has built a reputation for strong leadership, integrity, and deep operational expertise across both high-growth environments and established global enterprises. Mr. Rai most recently served as Chief Financ

    10/1/25 4:01:00 PM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    Financials

    Live finance-specific insights

    View All

    OpenText Increases Share Repurchase Program to US$500 Million

    WATERLOO, ON, Feb. 10, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2026 share repurchase program by US$200 million, whereby it intends to purchase for cancellation up to a maximum aggregate value of US$500 million of its common shares (Common Shares) pursuant to a normal course issuer bid (NCIB). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 24,906,456 Common Shares, which was previously approved by the Toronto Stock Exchange (TSX).

    2/10/26 8:00:00 AM ET
    $OTEX
    EDP Services
    Technology

    OpenText Reports Second Quarter Fiscal Year 2026 Financial Results

    Total Revenues of $1.33B, 20 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 37.0%  Fiscal 2026 Second 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 $1,327 $478 $168 $491 $0.66 $1.13 $319 $279 -0.6% Y/Y +3.4% Y/Y 12.7% margin 37.0% margin -24.1% Y/Y +1.8% Y/Y -8.4% Y/Y -8.9% Y/Y WATERLOO, ON, Feb. 5, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced its financial results for the second quarter ended December 31, 2025.

    2/5/26 4:01:00 PM ET
    $OTEX
    EDP Services
    Technology

    OpenText to Report Second Quarter Fiscal Year 2026 Financial Results on Thursday, February 5, 2026

    WATERLOO, ON, Jan. 7, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its second quarter fiscal year 2026 will be released on Thursday, February 5, 2026, at approximately 4:00 p.m. ET. OpenText to Host Conference Call WebcastThe earnings call will be hosted on February 5, 2026, at 5:00 p.m. ET by OpenText Executive Chair & Chief Strategy Officer, Tom Jenkins, OpenText Interim Chief Executive Officer, James McGourlay and OpenText Executive Vice President & Chief Financial Officer, Steve Rai. The webcast will be ac

    1/7/26 4:01:00 PM ET
    $OTEX
    EDP Services
    Technology

    $OTEX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Open Text Corporation

    SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)

    10/10/24 10:45:34 AM ET
    $OTEX
    EDP Services
    Technology

    Amendment: SEC Form SC 13G/A filed by Open Text Corporation

    SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)

    10/10/24 10:44:11 AM ET
    $OTEX
    EDP Services
    Technology

    SEC Form SC 13G/A filed by Open Text Corporation (Amendment)

    SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)

    2/14/24 4:15:39 PM ET
    $OTEX
    EDP Services
    Technology