Stock events for Open Text Corp. (OTEX)
Over the past six months, Open Text Corp.'s stock price has been impacted by several events. The company reported its Q1 and Q2 Fiscal Year 2026 earnings. An annual general meeting was held. OpenText completed the divestiture of its on-premise solution eDOCS and announced the divestiture of Vertica. Several analysts adjusted their price targets and ratings for OTEX. OpenText increased its Fiscal 2026 share repurchase program. The company declared a quarterly dividend. The stock traded between a low of $22.44 and a high of $39.90 over the past year.
Demand Seasonality affecting Open Text Corp.’s stock price
Open Text Corp. experiences seasonality in its demand due to the timing of large deals and inherent seasonality. Cloud migration deals, in particular, tend to have longer sales cycles, which can contribute to this seasonality.
Overview of Open Text Corp.’s business
Open Text Corporation (OTEX) is a Canada-based global software company specializing in information management software and services. It operates in the Technology sector, specifically in the Software - Application industry, designing, developing, marketing, and selling Information Management software and solutions. The OpenText Cloud comprises six key business clouds: Content Cloud, Cybersecurity Cloud, Business Network Cloud, IT Operations Management Cloud, Application Automation Cloud, and Analytics and Artificial Intelligence (AI) Cloud. Other key products and offerings include Customer Experience Management (CEM), Digital Process Automation solutions, and Discovery suite. The company has bolstered its security offerings through acquisitions.
OTEX’s Geographic footprint
Open Text Corporation is headquartered in Waterloo, Ontario, Canada, and has a global presence with regional headquarters and offices in the USA, Europe, Middle East, Africa, Asia Pacific, Japan, and Latin America. The company derives its maximum revenue from the United States.
OTEX Corporate Image Assessment
Open Text is recognized as a global leader in information management. The company was recognized as one of Canada's top 100 employers in 2025. OpenText Analytics Database was recognized by IDC MarketScape for its strengths in performance, scalability, and deployment flexibility across hybrid environments. No specific negative events significantly impacting Open Text Corp.'s brand reputation in the past year were found.
Ownership
Open Text Corp. has a mixed ownership structure, with institutional investors holding a significant portion. Major institutional owners include 1832 Asset Management L.P., Jarislowsky, Fraser Ltd., FIL Ltd, Vanguard Group Inc., First Trust Advisors Lp, Brandes Investment Partners, Lp, Royal Bank Of Canada, Letko, Brosseau & Associates Inc., Beutel, Goodman & Co Ltd., and Manulife Financial Corp. Individual investors and public companies also hold portions of the stock, while insiders hold a smaller percentage.
