Analysts’ Weekly Ratings Updates for Open Text (OTEX)

Open Text (NASDAQ: OTEX) recently received a number of ratings updates from brokerages and research firms:

• 5/13/2025 – Open Text was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 5/5/2025 – Open Text was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 5/2/2025 – Open Text had its price target lowered by analysts at UBS Group AG from $32.00 to $28.00. They now have a “neutral” rating on the stock.
• 5/2/2025 – Open Text had its price target lowered by analysts at CIBC from $33.00 to $31.00. They now have a “neutral” rating on the stock.
• 5/2/2025 – Open Text had its price target raised by analysts at Citigroup Inc. from $29.00 to $43.00. They now have a “negative” rating on the stock.
• 5/2/2025 – Open Text had its price target lowered by analysts at BMO Capital Markets from $30.00 to $28.00. They now have a “market perform” rating on the stock.
• 4/28/2025 – Open Text had its price target lowered by analysts at Scotiabank from $35.00 to $30.00. They now have a “sector perform” rating on the stock.
• 4/25/2025 – Open Text had its price target lowered by analysts at National Bankshares, Inc. from $38.00 to $34.00. They now have a “sector perform” rating on the stock.
• 4/22/2025 – Open Text had its price target lowered by analysts at Royal Bank of Canada from $31.00 to $30.00. They now have a “sector perform” rating on the stock.
• 4/21/2025 – Open Text had its price target lowered by analysts at Barclays PLC from $36.00 to $29.00. They now have an “equal weight” rating on the stock.

Open Text Trading Up 0.4%

Shares of Open Text stock opened at $27.97 on Friday. Open Text Co. has a fifty-two week low of $22.79 and a fifty-two week high of $34.20. The firm has a market cap of $7.26 billion, a PE ratio of 11.37 and a beta of 1.15. The business’s fifty day moving average is $25.99 and its two-hundred day moving average is $27.77. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.50.

Open Text (NASDAQ:OTEX) (TSE:OTC) last issued its quarterly earnings results on Wednesday, April 30th. The software maker reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.01. Open Text had a return on equity of 23.23% and a net margin of 12.21%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the company posted $0.94 EPS. The business’s revenue for the quarter was down 13.3% compared to the same quarter last year. Analysts anticipate that Open Text Co. will post 3.45 earnings per share for the current year.

Open Text Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be given a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 3.75%. The ex-dividend date is Friday, June 6th. Open Text’s dividend payout ratio (DPR) is currently 42.86%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. JARISLOWSKY FRASER Ltd raised its position in shares of Open Text by 11.8% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 18,547,256 shares of the software maker’s stock worth $522,879,000 after buying an additional 1,957,695 shares during the period. Vanguard Group Inc. raised its position in shares of Open Text by 6.1% in the 1st quarter. Vanguard Group Inc. now owns 11,151,279 shares of the software maker’s stock worth $281,447,000 after buying an additional 639,514 shares during the period. First Trust Advisors LP raised its position in shares of Open Text by 9.5% in the 4th quarter. First Trust Advisors LP now owns 7,275,908 shares of the software maker’s stock worth $205,925,000 after buying an additional 632,437 shares during the period. Cooke & Bieler LP raised its position in shares of Open Text by 6.6% in the 4th quarter. Cooke & Bieler LP now owns 6,308,967 shares of the software maker’s stock worth $178,670,000 after buying an additional 389,220 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Open Text by 75.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,994,675 shares of the software maker’s stock worth $169,555,000 after buying an additional 2,586,549 shares during the period. 70.37% of the stock is owned by hedge funds and other institutional investors.

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation.