National Bank Financial upgraded Open Text from Sector Perform to Outperform and set a new price target of $45.00
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| 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 |
OpenText will offer customers a hybrid sovereign cloud architecture that supports regulated European Union organizations with secure, AI‑ready data platforms, complementing what is available in North America todayWATERLOO, ON, April 13, 2026 /CNW/ -- OpenText™ (NASDAQ/TSX:OTEX), a global leader in secure information management for AI, announced today that it will make a number of its world leading enterprise data and AI solutions available on the AWS European Sovereign Cloud, a new independent cloud for Europe. By making its hybrid sovereign cloud offering available via the AWS
Strategic Partnership to Expand European Trusted Cloud with Hybrid Architecture for Secure AI at ScaleWATERLOO, Ontario, April 13, 2026 /CNW/ -- OpenText™ (NASDAQ/TSX:OTEX), a global leader in data management for enterprise AI, today announced a strategic partnership with S3NS, an alliance between Thales, a French leader in cybersecurity in Europe, and Google Cloud, to bring European organizations a trusted cloud platform based on Google Cloud technology, that meets the highest security and compliance criteria in France to offer strict data residency, regulatory compliance, and operational controls.
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
3 - OPEN TEXT CORP (0001002638) (Reporting)
8-K - OPEN TEXT CORP (0001002638) (Filer)
8-K - OPEN TEXT CORP (0001002638) (Filer)
10-Q - OPEN TEXT CORP (0001002638) (Filer)
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
Proven global technology leader to drive disciplined growth in cloud modernization and enterprise AI WATERLOO, ON, Jan. 29, 2026 /PRNewswire/ -- OpenText Corporation (NASDAQ:OTEX) (TSX:OTEX) ("OpenText" or the "Company") today announced that its Board of Directors ("Board") has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20, 2026. Mr. Antoun brings more than three decades of global technology, operating discipline and transformation leadership to OpenText, built over a seasoned career in the information technology industry. As P
WATERLOO, ON, Oct. 6, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced the appointment of George Schindler to its board of directors. Mr. Schindler previously served as President and Chief Executive Officer of CGI Inc. ("CGI") from 2016 to 2024 and currently serves as a member of the board of directors of CGI. In his capacity as President and Chief Executive Officer, he led the development and implementation of CGI's profitable growth strategy to strengthen its market position as one of the world's leading global business and strategic IT consulting services firms.
WATERLOO, ON, Oct. 1, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), a global leader in secure information management for AI, today announced Steve Rai as Executive Vice President, Chief Financial Officer, effective October 6, 2025. Mr. Rai brings over 30 years of global finance experience and a proven track record as a technology industry veteran. He has built a reputation for strong leadership, integrity, and deep operational expertise across both high-growth environments and established global enterprises. Mr. Rai most recently served as Chief Financ
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SC 13G/A - OPEN TEXT CORP (0001002638) (Subject)
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
WATERLOO, ON, Feb. 10, 2026 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX:OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2026 share repurchase program by US$200 million, whereby it intends to purchase for cancellation up to a maximum aggregate value of US$500 million of its common shares (Common Shares) pursuant to a normal course issuer bid (NCIB). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 24,906,456 Common Shares, which was previously approved by the Toronto Stock Exchange (TSX).
Total Revenues of $1.33B, 20 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 37.0% Fiscal 2026 Second Quarter Highlights (in millions)(1) Total Revenues Cloud Revenues Profitability Diluted EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $1,327 $478 $168 $491 $0.66 $1.13 $319 $279 -0.6% Y/Y +3.4% Y/Y 12.7% margin 37.0% margin -24.1% Y/Y +1.8% Y/Y -8.4% Y/Y -8.9% Y/Y WATERLOO, ON, Feb. 5, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), today announced its financial results for the second quarter ended December 31, 2025.