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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $32.00 | Neutral | UBS |
| 11/1/2024 | $45.00 → $33.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 8/2/2024 | Outperform → Sector Perform | National Bank Financial | |
| 5/3/2024 | $50.00 → $38.00 | Outperform → Market Perform | BMO Capital Markets |
| 2/27/2024 | $45.00 | Buy | Jefferies |
| 3/22/2023 | $41.00 | Equal Weight | Barclays |
| 9/1/2022 | $34.00 | Neutral | Citigroup |
| 8/26/2022 | Sector Outperform → Neutral | CIBC |
WATERLOO, ON, Jan. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX), today announced the strategic appointment of Savinay Berry as EVP & Chief Product Officer for the global information management leader. Mr. Berry will lead a charter focused on products and innovation across the company's wide set of data-oriented domains to help drive growth. Further, Muhi Majzoub has taken on a new role as EVP, Security Products, increasing the company's focus and accelerating its opportunity in this critical market. Berry has deep experience leading technology and engineering
OpenText delivers seamless, personalized and secure digital experiences across its portfolio WATERLOO, ON, Jan. 24, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX) has been recognized as a Leader in four 2024 IDC MarketScape reports solidifying the company's delivering against today's biggest industry challenges. The OpenText Experience Cloud suite of solutions, in which the evaluated solutions are inclusive of, is designed to help organizations optimize their customer journeys with actionable, data-driven insights, empower teams to create exceptional customer experiences and engage with customers through tailored, preference-based interactions. In this recently released set of rep
WATERLOO, ON, Jan. 13, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its second quarter fiscal year 2025 will be released on Thursday, February 6, 2025, at approximately 4:00 p.m. ET. OpenText to Host Conference Call WebcastMark J. Barrenechea, OpenText CEO & CTO and Madhu Ranganathan, OpenText President, CFO & Corporate Development will host a conference call webcast on February 6, 2025, at 5:00 p.m. ET from its Investor Relations website. Date: Thursday, February 6, 2025 Time: 5:00 p.m. ET / 2:00 p.m. PT Le
WATERLOO, ON, Jan. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX), today announced the strategic appointment of Savinay Berry as EVP & Chief Product Officer for the global information management leader. Mr. Berry will lead a charter focused on products and innovation across the company's wide set of data-oriented domains to help drive growth. Further, Muhi Majzoub has taken on a new role as EVP, Security Products, increasing the company's focus and accelerating its opportunity in this critical market. Berry has deep experience leading technology and engineering
WATERLOO, ON, Nov. 26, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced the appointment of Fletcher Previn to its board of directors. Mr. Previn is Senior Vice President & Chief Information Officer of Cisco Systems, Inc., a worldwide technology leader that connects a broad range of technologies that help to power, secure, and draw insights from the Internet. "I am very pleased to welcome Fletcher to the OpenText Board," said Tom Jenkins, Chair of the Board of Directors. "He is a highly qualified executive with over 20 years of experience in
Next-generation cloud, security, AI-integrated innovations unveiled at OpenText World 2024 WATERLOO, ON, Nov. 19, 2024 /PRNewswire/ -- OpenText™ (NASDAQ:OTEX), (TSX:OTEX) today unveiled Cloud Editions (CE) 24.4 at OpenText World 2024, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work. This release delivers secure, AI-integrated solutions that strengthen data connectivity, streamlines workflows, and enhances human potential—addressing the needs of forward-thinking CIOs and business leaders navigating multi-cloud environments.
UBS initiated coverage of Open Text with a rating of Neutral and set a new price target of $32.00
RBC Capital Mkts downgraded Open Text from Outperform to Sector Perform and set a new price target of $33.00 from $45.00 previously
National Bank Financial downgraded Open Text from Outperform to Sector Perform
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8-K - OPEN TEXT CORP (0001002638) (Filer)
10-Q - OPEN TEXT CORP (0001002638) (Filer)
3 - OPEN TEXT CORP (0001002638) (Reporting)
WATERLOO, ON, Jan. 13, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its second quarter fiscal year 2025 will be released on Thursday, February 6, 2025, at approximately 4:00 p.m. ET. OpenText to Host Conference Call WebcastMark J. Barrenechea, OpenText CEO & CTO and Madhu Ranganathan, OpenText President, CFO & Corporate Development will host a conference call webcast on February 6, 2025, at 5:00 p.m. ET from its Investor Relations website. Date: Thursday, February 6, 2025 Time: 5:00 p.m. ET / 2:00 p.m. PT Le
Total Revenues of $1.27B, 15 Consecutive Quarters of Cloud Organic GrowthDelivers Net Income Margin of 7%, Robust Adjusted EBITDA Margin of 35.0%GAAP EPS of $0.32, Non-GAAP EPS of $0.93Purchased and Canceled 7.72M Shares Over the Last Two Quarters Fiscal 2025 First Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,269 $1,053 $457 (11.0) % (8.4) % +1.3 % Annual Recurring Revenues represent 83% of Total Revenues "In our first full quarter after the AMC divestiture, we delivered $1.27 billion in total revenues, 35% Adjusted EBITDA Margin, and our 15th consecutive quarter of organic cloud revenue growth," said Mark J. Barr
WATERLOO, ON, Oct. 9, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its first quarter fiscal year 2025 will be released on Thursday, October 31, 2024, at approximately 7:00 a.m. ET. OpenText to Host Conference Call WebcastMark J. Barrenechea, OpenText CEO & CTO and Madhu Ranganathan, OpenText President, CFO & Corporate Development will host a conference call webcast on October 31, 2024, at 9:00 a.m. ET from its Investor Relations website. Date: Thursday, October 31, 2024 Time: 9:00 a.m. ET/6:00 a.m. PT Length: