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    Open Text Corporation

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    $OTEX
    EDP Services
    Technology

    Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

    IPO Year: 1996

    Exchange: NASDAQ

    Website: opentext.com

    Peers

    $NICE

    Recent Analyst Ratings for Open Text Corporation

    DatePrice TargetRatingAnalyst
    12/17/2024$32.00Neutral
    UBS
    11/1/2024$45.00 → $33.00Outperform → Sector Perform
    RBC Capital Mkts
    8/2/2024Outperform → Sector Perform
    National Bank Financial
    5/3/2024$50.00 → $38.00Outperform → Market Perform
    BMO Capital Markets
    2/27/2024$45.00Buy
    Jefferies
    3/22/2023$41.00Equal Weight
    Barclays
    9/1/2022$34.00Neutral
    Citigroup
    8/26/2022Sector Outperform → Neutral
    CIBC
    8/6/2021$60.00 → $62.00Outperform
    RBC Capital
    8/6/2021$56.00 → $57.00Equal-Weight
    Barclays
    See more ratings