Open Text Corporation (OTEX)

In the past six months, Open Text Corp. stock experienced several notable events. OpenText reported its Q2 2026 financial results, surpassing analyst expectations for both EPS and revenue, driven by strong cloud growth, although the stock price saw a slight decline. Ayman Antoun was appointed as the new CEO. OpenText announced its plan to divest Vertica for US$150 million. The share price was down -24.02% over a period where it set a new 52-week low. Open Text has received an average rating of "Hold" from fourteen brokerages, with an average twelve-month price objective of $38.83.

Open Text Corp. experiences demand seasonality for its products and services, with variability in quarterly results due to the timing of large deals. There is a typical seasonality at play in their quarterly results. Cloud migration deals tend to have a longer cycle time.

Open Text Corporation is a global software company based in Canada, specializing in information management software and services, operating within the technology sector with a focus on enterprise information management (EIM) solutions. OpenText's Information Management platform and services provide secure and scalable solutions for global organizations. Its major products are delivered through the OpenText Cloud and include solutions to manage modern work, automate application delivery, and optimize digital supply chains. Key product areas include Content Cloud, Cybersecurity Cloud, Business Network Cloud, IT Operations Management Cloud, Application Modernization Cloud, Analytics Cloud, Experience solutions, and AI and Software Developers API. OpenText serves a diverse client base and maintains strategic partnerships with major technology companies and global systems integrators.

Open Text Corporation has a significant global geographic footprint, designing, developing, marketing, and selling its information management software and solutions across numerous regions, including North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. The company serves over 100,000 customers worldwide and has a presence in North America, Europe, Asia Pacific, and Latin America. This global reach is supported by regional offices, consulting services, and partner networks.

Open Text Corporation generally maintains a positive brand reputation within the enterprise information management sector and is recognized as a leader in the information management market. OpenText was also recognized as one of Canada's top 100 employers in 2025. OpenText has received positive feedback from clients and partners regarding its new product cycle release. Customers like IBM and Honda have publicly discussed their use of OpenText AI solutions. No specific events negatively impacting Open Text Corp.'s brand reputation in the past year were found.

Open Text Corporation has a significant institutional ownership presence, with 455 institutional owners and shareholders holding a total of 197,285,734 shares, representing approximately 70.37% of the stock. Major institutional shareholders include Jarislowsky, Fraser Ltd., Vanguard Group Inc., and FIL Ltd. Information on major individual owners was not explicitly detailed.