UBS initiated coverage of Open Text with a rating of Neutral and set a new price target of $32.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/15/2025 | $45.00 | Sector Perform → Outperform | National Bank Financial |
| 8/12/2025 | $33.00 | Buy → Hold | Jefferies |
| 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 |
WATERLOO, ON, July 17, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), a global leader in data management for enterprise AI, today announced the appointment of Jill Larsen to its board of directors (the Board) effective immediately. Ms. Larsen is a seasoned executive, currently serving as Chief People Officer at Synopsys, Inc., a publicly traded global technology company and leader in engineering solutions from silicon to systems. At Synopsys, Ms. Larsen focuses on organizational strategy and talent planning, cultural vitality, employee experience, total rewards and leadership development, serving a global workforce of over 25,000 employees.
WATERLOO, ON, July 9, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its fourth quarter fiscal year 2026 will be released before market open on Thursday, August 6, 2026. OpenText to Host Conference Call WebcastThe earnings call will be hosted on August 6, 2026, at 8:00 a.m. ET by OpenText Chief Executive Officer, Ayman Antoun, and OpenText Executive Vice President & Chief Financial Officer, Steve Rai. The webcast will be accessible via the OpenText Investor Relations website.Date:Thursday, August 6, 2026Time:8:00 a.m. ET
Taoiseach Micheál Martin TD and CEO of IDA Ireland Michael Lohan join OpenText to announce new Cork Centre of Excellence for EMEA Investment marks the largest in Ireland by a Canadian-headquartered technology company, advancing R&D in agentic AI, sovereign cloud and cyber resilience for EMEA clientsDUBLIN, June 12, 2026 /CNW/ -- OpenText™ (NASDAQ/TSX:OTEX), a Waterloo, Ontario, Canada headquartered global leader in data management for enterprise AI, today announced a €105 million investment that will create 400 new jobs across the company's sites in Ireland over the next three years. The commitment, which doubles OpenText's investment in Ireland, will significantly expand the company's agent
3 - OPEN TEXT CORP (0001002638) (Reporting)
National Bank Financial upgraded Open Text from Sector Perform to Outperform and set a new price target of $45.00
Jefferies downgraded Open Text from Buy to Hold and set a new price target of $33.00
UBS initiated coverage of Open Text with a rating of Neutral and set a new price target of $32.00
8-K - OPEN TEXT CORP (0001002638) (Filer)
8-K - OPEN TEXT CORP (0001002638) (Filer)
10-Q - OPEN TEXT CORP (0001002638) (Filer)
WATERLOO, ON, July 9, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today that financial results for its fourth quarter fiscal year 2026 will be released before market open on Thursday, August 6, 2026. OpenText to Host Conference Call WebcastThe earnings call will be hosted on August 6, 2026, at 8:00 a.m. ET by OpenText Chief Executive Officer, Ayman Antoun, and OpenText Executive Vice President & Chief Financial Officer, Steve Rai. The webcast will be accessible via the OpenText Investor Relations website.Date:Thursday, August 6, 2026Time:8:00 a.m. ET
Total Revenues of $1.28B, Cloud Revenue Grows 6.6% Y/Y Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 34% Ayman Antoun Officially Joins as OpenText CEO effective April 20, 2026 Fiscal 2026 Third Quarter Highlights (in millions)(1)Total RevenuesCloud RevenuesProfitabilityDiluted EPSCash FlowsNet IncomeA-EBITDAGAAPNon-GAAPOperatingFree Cash Flows$1,283$493$173$438$0.70$1.01$355$305+2.2% Y/Y+6.6% Y/Y13.5% margin34.1% margin+100.0% Y/Y+23.2% Y/Y-11.8% Y/Y-18.4% Y/Y WATERLOO, ON, May 7, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced its financial results for the third quarter ended March 31, 2026.
Company Reports Preliminary Q3FY26 Revenue Expectations of Approximately US$1.28 BillionWATERLOO, ON, April 10, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), announced today preliminary third quarter fiscal year 2026 revenue expectation of approximately US$1.28 billion. OpenText will release its full financial results for its third quarter fiscal year 2026 on Thursday, May 7, 2026, at approximately 4:00 p.m. ET. "We thank our clients for their continued partnership and look forward to discussing our full fiscal Q3 results in early May," said James McGourlay, Int
SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)
SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)
SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)
WATERLOO, ON, July 17, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), a global leader in data management for enterprise AI, today announced the appointment of Jill Larsen to its board of directors (the Board) effective immediately. Ms. Larsen is a seasoned executive, currently serving as Chief People Officer at Synopsys, Inc., a publicly traded global technology company and leader in engineering solutions from silicon to systems. At Synopsys, Ms. Larsen focuses on organizational strategy and talent planning, cultural vitality, employee experience, total rewards and leadership development, serving a global workforce of over 25,000 employees.
WATERLOO, ON, May 29, 2026 /CNW/ -- OpenText™ (NASDAQ/TSX:OTEX), a global leader in data management for enterprise AI, today joined the OECD's Hiroshima AI Process (HAIP) Reporting Framework, the international mechanism where organizations demonstrate alignment with the G7's voluntary code of conduct for the safe development and deployment of advanced AI. "Trust in AI begins with the data underneath the model and how it is governed, protected and contextualized," said Ayman Antoun, Chief Executive Officer of OpenText. "OpenText has been building that foundation for 35 years. Our participation in HAIP is a natural extension of t
WATERLOO, ON, April 20, 2026 /CNW/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX) today announced that James McGourlay will transition from Interim Chief Executive Officer to President, Chief Client Officer, effective April 20, 2026. In this role, Mr. McGourlay will lead OpenText's global client experience, professional services, and renewals organization. This appointment reinforces OpenText's focus on delivering strong client outcomes as the company drives growth across its core products and accelerates cloud migration. Mr. McGourlay will report to Ayman Antoun, CEO of Ope