Price$23.11-1.97 (-7.85%)
2026-03-042026-06-05
News · 26 weeks30-90%
2025-12-142026-06-07
Mix1790d
- Other8(47%)
- SEC Filings5(29%)
- Earnings2(12%)
- Leadership2(12%)
Latest news
25 items- PROpenText Among First Canadian Companies to Join OECD Global Safe AI Reporting FrameworkWATERLOO, 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
- SECOpen Text Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits8-K - OPEN TEXT CORP (0001002638) (Filer)
- PRRocket Software Completes Acquisition of Vertica, Expanding High-Performance Analytics and AI for Mission-Critical SystemsWALTHAM, Mass., May 11, 2026 (GLOBE NEWSWIRE) -- Rocket Software, Inc. ("Rocket Software"), a global technology leader in modernization software, today announced the completion of its acquisition of Vertica®, an enterprise-grade analytics database platform, from OpenText (NASDAQ:OTEX), (TSX:OTEX). The acquisition advances Rocket Software's strategy to bring intelligence to modernization by combining trusted core systems with high-performance analytics and AI to help enterprises unlock the full potential of their data. The acquisition brings more than 600 global customers and 170 employees to Rocket Software's global organization. "For more than 35 years, Rocket Software has been the mod
- PROpenText Completes US$150 Million Divestiture of Non-Core Vertica to Rocket SoftwareTransaction advances OpenText's strategy, divesting non-core structured data analytics platformWATERLOO, ON, May 11, 2026 /CNW/ -- Open Text™ Corporation (NASDAQ/TSX:OTEX), a global leader in data management for enterprise AI, today announced the completion of its divestiture of Vertica to Rocket Software Inc., a Bain Capital portfolio company, for US$150 million in cash before taxes, fees, and other adjustments. "This transaction is consistent with our non-core divestiture strategy and our disciplined approach to capital allocation. The divestiture of Vertica demonstrates that
- SECSEC Form 10-Q filed by Open Text Corporation10-Q - OPEN TEXT CORP (0001002638) (Filer)
- SECOpen Text Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText Reports Third Quarter Fiscal Year 2026 Financial ResultsTotal 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.
- SECSEC Form SCHEDULE 13G filed by Open Text CorporationSCHEDULE 13G - OPEN TEXT CORP (0001002638) (Subject)
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Open Text CorporationSCHEDULE 13G/A - OPEN TEXT CORP (0001002638) (Subject)
- SECOpen Text Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText Appoints James McGourlay as President, Chief Client OfficerWATERLOO, 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
- PROpenText Enterprise Data and AI Solutions to be Available on AWS European Sovereign CloudOpenText 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
- PROpenText and S3NS Partner to Deliver European Sovereign Cloud Solutions with Google CloudStrategic 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.
- SECOpen Text Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText to Report Third Quarter Fiscal Year 2026 Financial Results on Thursday, May 7, 2026Company 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
- PRThe Quiet Shift That's Repricing the Entire Cybersecurity StackIssued on behalf of Quantum Secure Encryption Corp.USANewsGroup.com News CommentaryVANCOUVER, BC, March 30, 2026 /CNW/ -- Cybersecurity budgets aren't just growing anymore; they're being yanked forward. Global spending is on pace to hit $240 billion in 2026, a 12.5% jump that Gartner ties directly to tighter regulations and a new breed of autonomous threats that move faster than any human analyst can react[1]. That kind of acceleration doesn't happen in a mature market unless something foundational has changed. Something has. The $220 billion cybersecurity sector is being structurally rewired as enterprises scramble to lock down agentic AI systems, tools that can operate across identity, inf
- PREnterprises Rush into GenAI Without Security Foundations, New Ponemon Study FindsGlobal research from OpenText and Ponemon shows strong security foundations are critical to scaling Enterprise AIWATERLOO, ON, March 23, 2026 /CNW/ -- OpenText™ (NASDAQ:OTEX) (TSX:OTEX) today released a new global report, "Managing Risks and Optimizing the Value of AI, GenAI & Agentic AI," developed in partnership with the Ponemon Institute. The research revealed that, while more than half of enterprises (52%) have fully or partially deployed GenAI, security and governance is falling behind. This gap highlights a growing challenge for the industry as organizations are adopting g
- SECOpen Text Corporation filed SEC Form 8-K: Other Events8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText Increases Share Repurchase Program to US$500 MillionWATERLOO, 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).
- SECSEC Form 10-Q filed by Open Text Corporation10-Q - OPEN TEXT CORP (0001002638) (Filer)
- SECOpen Text Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText Reports Second Quarter Fiscal Year 2026 Financial ResultsTotal 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.
- PRRocket Software to Acquire Vertica Analytics Database Platform from OpenTextWALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ:OTEX), (TSX:OTEX). Vertica is an enterprise-grade analytics database platform trusted by leading global organizations for its proven technology and industrial-strength performance for mission-critical analytical workloads. The technology sits at the center of many of today's investments and helps enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance, and cost requirement
- SECOpen Text Corporation filed SEC Form 8-K: Other Events8-K - OPEN TEXT CORP (0001002638) (Filer)
- PROpenText to Divest Vertica for US$150 millionOpenText to Continue Focusing on Core Cloud Products for Secure, Trusted Data for Enterprise AI WATERLOO, ON, Feb. 2, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ:OTEX), (TSX:OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc., a Bain Capital portfolio company ("Rocket Software") for US$150 million in cash, before taxes, fees and other adjustments. "We are executing on our strategic plan, focusing on our core produ
OTEX FAQ
7 questionsWhat does Open Text Corporation do?
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...Where does OTEX stock trade?
Open Text Corporation (OTEX) is listed on NASDAQ.What sector and industry is OTEX in?
Open Text Corporation operates in the Technology sector, EDP Services industry.When did Open Text Corporation go public?
Open Text Corporation (OTEX) completed its IPO in 1996.What are analysts saying about OTEX?
Open Text Corporation has had 8 recent analyst actions on file. The most recent action was from National Bank Financial: Outperform with a $4500.00 price target on 2025-09-15. Recent price targets range from $3200.00 to $4500.00.What companies are similar to OTEX?
Notable peers in the same industry include NEE (NextEra Energy Inc.), PDD (PDD Holdings Inc.), INFY (Infosys Limited), WDAY (Workday Inc.), DASH (DoorDash Inc.). Compare OTEX side-by-side with any of them on Quantisnow.How can I track OTEX on Quantisnow?
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