Overview
Open Text Corporation, based in Canada, operates primarily in the technology sector, focusing on enterprise information management software. The company serves a diverse client base across various industries, providing solutions that facilitate the efficient management of content, business processes, and data. Key projects and products include content services, digital process automation, and discovery solutions. These offerings support organizations in optimizing operations, improving decision-making, and ensuring compliance with regulatory requirements. Open Text's strategic acquisitions, such as the purchase of Documentum and Carbonite, have broadened its product portfolio and market reach, reinforcing its position as a leader in managing and leveraging enterprise information and data across global platforms.
Basic Stats
The share price of Open Text Corporation as of September 5, 2025 is $33.23 / share. This is an increase of 0.48% from the prior week. The market cap (or net worth) of Open Text Corporation as of September 5, 2025 is $8,465.21 MM.
The Factor Analysis chart (below right) shows a view of Open Text Corporation from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 8,465.21 MM |
| EV | 13,688.36 MM |
| Shares Out. | 254.78 MM |
| Earnings Date | |
| EPS (TTM) | 1.71 |
| Dividend Yield | 3.31 % |
| Ex-Dividend Date | 2025-09-05 |
| Borrow Rate | 3.47 |
| Short Shares Avail. | 4.70 MM |
| Short Interest | 9.52 MM |
| Short Float | 3.81 % |
| Days to Cover | 5.06 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 4.48 % |
| Volatility (1 yr) | 0.32 |
| Beta | 1.21 |
| Sharpe Ratio (1 yr) | 0.01 |
| Sortino Ratio (1 yr) | 0.01 |
| PE Ratio | 19.42 |
| Price/Book | 2.15 |
| Price/TBV | -1.49 |
| Book/Market | 0.46 |
| EBIT/EV | 0.04 |
| EBIT(3yr avg)/EV | 0.03 |
| ROA | 0.03 |
| ROE | 0.10 |
| ROIC | 0.04 |
| CROIC | -0.01 |
| OCROIC | 0.08 |
| Implied Volatility | 32.08 % |
| Put/Call OI Ratio | 0.77 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Open Text Corporation is $40.50. The forecasts range from a low of $29.84 to a high of $52.35. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Open Text Corporation. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-11-29 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-11-29 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-04 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-08-03 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-08-03 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-02 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-10 | ARC INDEPENDENT RESEARCH | Hold | Hold | Maintains |
| 2023-05-09 | ARC INDEPENDENT RESEARCH | Hold | Hold | Maintains |
| 2023-05-04 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-05-04 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-03 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-05-03 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-02-03 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-02-02 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-11-07 | Scotiabank Capital | Outperform | Maintains | |
| 2022-11-04 | TD Research | Buy | Maintains | |
| 2022-10-07 | Scotiabank Capital | Outperform | Maintains | |
| 2022-08-05 | BMO Financial | Outperform | Initiate | |
| 2022-06-18 | National Bank of Canada Financial | Buy | Reiterate | |
| 2022-03-02 | Scotiabank Capital | Outperform | Maintains | |
| 2022-02-07 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2022-02-06 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2022-02-04 | Scotiabank Capital | Outperform | Maintains | |
| 2022-01-19 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-01-19 | Scotiabank Capital | Outperform | Maintains | |
| 2022-01-18 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2021-11-25 | ScotiaBankFinancial | Outperform | Maintains | |
| 2021-11-09 | Sbank | Outperform | Initiate | |
| 2021-11-08 | TD SECURITIES | Buy | Buy | Maintains |
| 2021-11-07 | TD SECURITIES | Buy | Buy | Maintains |
| 2021-11-05 | RJ Financial | Outperform | Initiate | |
| 2021-08-20 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-07-23 | National Bank Financial | Outperform | Initiate | |
| 2021-07-20 | Raymond James Financial | Outperform | Initiate | |
| 2020-08-10 | Citigroup | Neutral | Maintains | |
| 2020-07-20 | Barclays | Overweight | Maintains | |
| 2020-04-29 | PI Financial | Neutral | Initiate | |
| 2020-04-29 | BMO Capital | Outperform | Maintains | |
| 2020-03-10 | PI Financial | Sell | Neutral | Upgrade |
| 2020-01-28 | PI Financial | Sell | Initiate | |
| 2020-01-24 | Citigroup | Neutral | Maintains | |
| 2019-11-12 | RBC Capital | Outperform | Maintains | |
| 2019-11-01 | Raymond James Financial | Outperform | Initiate | |
| 2019-02-04 | Barclays | 63 | 64 | Upgrade |
| 2018-11-01 | Barclays | 62 | 63 | Upgrade |
| 2018-08-06 | Barclays | Overweight | Overweight | Maintains |
| 2018-05-10 | Barclays | 57 | 59 | Upgrade |
| 2018-05-10 | BMO Capital Markets | 42 | 39 | Downgrade |
| 2018-02-01 | BMO Capital Markets | Outperform | Initiate | |
| 2018-02-01 | Barclays | Overweight | Overweight | Maintains |
| 2017-11-23 | Macquarie Research | 43 | 40 | Downgrade |
| 2017-11-22 | Macquarie | Neutral | Underperform | Downgrade |
| 2017-08-04 | Barclays | Overweight | Maintains | |
| 2017-02-17 | Citigroup | Neutral | Initiate | |
| 2016-10-21 | Mitsubishi UFJ | Overweight | Initiate | |
| 2016-09-27 | National Bank Financial | Outperform | Initiate | |
| 2016-09-13 | BMO Capital | Market Perform | Outperform | Upgrade |
| 2016-09-12 | Dundee | Neutral | Buy | Upgrade |
| 2016-04-04 | TD Securities | Buy | Initiate | |
| 2016-02-10 | Barclays | Overweight | Maintains | |
| 2015-10-29 | Barclays | Overweight | Maintains | |
| 2015-07-30 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2015-07-28 | Barclays | Overweight | Maintains | |
| 2015-05-22 | Barclays | Overweight | Maintains | |
| 2015-05-21 | RBC Capital | Sector Perform | Maintains | |
| 2015-05-21 | Susquehanna | Neutral | Maintains | |
| 2015-04-29 | Barclays | Overweight | Maintains | |
| 2015-02-25 | Dundee | Buy | Initiate | |
| 2015-01-28 | Barclays | Overweight | Maintains | |
| 2015-01-28 | Credit Suisse | Outperform | Neutral | Downgrade |
| 2015-01-20 | Beacon Securities | Hold | Initiate | |
| 2014-11-18 | Barclays | Overweight | Initiate | |
| 2014-07-31 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2013-12-12 | PI Financial | Buy | Neutral | Downgrade |
| 2013-12-05 | Susquehanna | Negative | Neutral | Upgrade |
| 2013-11-06 | BMO Capital | Market Perform | Maintains | |
| 2013-11-05 | PI Financial | Neutral | Buy | Upgrade |
| 2013-10-31 | BMO Capital | Market Perform | Maintains | |
| 2013-09-23 | Credit Suisse | Underperform | Neutral | Upgrade |
| 2013-09-09 | Paradigm Capital | Hold | Buy | Upgrade |
| 2013-08-19 | BMO Capital | Market Perform | Maintains | |
| 2013-08-01 | Cantor Fitzgerald | Buy | Hold | Downgrade |
| 2013-07-31 | Benchmark | Hold | Buy | Upgrade |
| 2013-06-24 | Paradigm Capital | Buy | Hold | Downgrade |
| 2013-05-28 | Clarus Securities | Buy | Initiate | |
| 2013-04-25 | Cantor Fitzgerald | Hold | Buy | Upgrade |
| 2013-01-25 | Credit Suisse | Neutral | Underperform | Downgrade |
| 2013-01-22 | Stifel | Buy | Hold | Downgrade |
| 2012-11-01 | PI Financial | Buy | Neutral | Downgrade |
| 2012-11-01 | BMO Capital | Market Perform | Maintains | |
| 2012-11-01 | Stifel Nicolaus | Buy | Maintains | |
| 2012-10-23 | Cantor Fitzgerald | Hold | Initiate | |
| 2012-09-06 | Benchmark | Hold | Maintains | |
| 2012-08-13 | Versant Partners | Neutral | Buy | Upgrade |
| 2012-08-10 | Versant Partners | Neutral | Buy | Upgrade |
| 2012-08-10 | Stifel Nicolaus | Buy | Maintains | |
| 2012-08-10 | Raymond James | Outperform | Maintains | |
| 2012-08-08 | Versant Partners | Neutral | Maintains | |
| 2012-07-23 | Credit Suisse | Neutral | Initiate | |
| 2012-07-20 | Credit Suisse | Neutral | Initiate | |
| 2012-07-03 | Paradigm Capital | Buy | Maintains | |
| 2012-05-02 | BMO Capital | Market Perform | Maintains | |
| 2012-05-02 | Stifel Nicolaus | Buy | Maintains | |
| 2012-05-02 | PI Financial | Buy | Maintains | |
| 2012-05-02 | Raymond James | Outperform | Maintains | |
| 2025-02-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-02 | UBS | Neutral | Neutral | Maintains |
| 2024-12-17 | UBS | Neutral | Initiate | |
| 2025-02-07 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2024-08-01 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-07-19 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-28 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-11-28 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-01-16 | Citigroup | Neutral | Neutral | Maintains |
| 2024-11-17 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-11-11 | ARC INDEPENDENT RESEARCH | Hold | Buy | Upgrade |
| 2025-02-12 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-02-05 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-04-21 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-08-12 | Scotiabank | Sector Perform | Sector Perform | Maintains |
| 2025-05-02 | CIBC | Neutral | Neutral | Maintains |
| 2025-04-29 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-08-12 | Jefferies | Buy | Hold | Downgrade |
| 2025-09-02 | RBC Capital | Sector Perform | Sector Perform | Maintains |
