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22.52 USD
P/E
12.65
EPS
1.71
Yield
4.83%
Safety Score
78
P/B
1.33
ROE
10.55
Beta
1.08
Target Price
33.09 USD
Open Text Corporation logo

Open Text Corporation

🧾 Earnings Recap – Q2 2026

OpenText's Q2 fiscal 2026 results surpassed expectations, highlighted by a strong cloud growth trajectory and a strategic divestiture that positions the company for focused future growth.

  • Total revenues reached approximately $1.33 billion, with cloud revenue growing 3.4% year over year.
  • Enterprise cloud bookings increased 18%, totaling $295 million, reflecting robust demand for core offerings.
  • The recently announced divestiture of Vertica for $150 million is aimed at sharpening focus on OpenText's primary growth areas.
  • Core content business, accounting for 43% of total revenues, grew 4.5% year over year with cloud content revenues up 18%.
  • The company reaffirms its FY 2026 revenue growth target of 1% to 2% year over year, indicating confidence in ongoing strategic initiatives.
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Key Metrics
Earnings dateApril 29, 2026
P/E12.65
EPS1.71
Book Value16.23
Price to Book1.33
Debt/Equity163.02
% Insiders2.082%
Growth
Revenue Growth-0.01%
Earnings Growth-0.24%
Estimates
Forward P/E4.92
Forward EPS4.40
Target Mean Price33.09
Dividend
Dividend Yield4.83%
Annual dividends1.09 USD
Ex-Div. DateMarch 6, 2026
Payout62.25%
5y avg Yield2.42%

DCF Valuation

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DCF Result

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Terminal PV
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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Open Text Corporation Logo Open Text Corporation Analysis (OTEX)

Canada Information Technology Official Website Stock

Is Open Text Corporation a good investment? Open Text Corporation (OTEX) is currently trading at 22.52 USD. Market analysts have a consensus price target of 33.09 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 12.65. This relatively low multiple may signal that Open Text Corporation is undervalued compared to historical market norms.

Earnings Schedule: Open Text Corporation is expected to release its next earnings report on April 29, 2026. The market consensus estimate for Forward EPS is 4.40.

For income investors, Open Text Corporation pays a dividend yield of 4.83%. With a payout ratio of 62%, the dividend appears sustainable.

Investor FAQ

Does Open Text Corporation pay a dividend?

Yes, it pays an annual dividend of 1.09 USD (4.83% yield).

What asset class is Open Text Corporation?

Open Text Corporation is classified as a Stock. You can compare it against 4 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be April 29, 2026. The company currently has a trailing EPS of 1.71.

Company Profile

Open Text Corporation designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private, public, and off-cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also provides fees earned from the licensing of software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer's systems. In addition, the company offers various business clouds, including content, cybersecurity, DevOps, business network, observability and service management, and analytics; and artificial intelligence, software developers API, and other related services. It has strategic partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and Salesforce.com Corporation, as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves G10K organizations, enterprise companies, public sector agencies, mid-market companies, small and medium-sized businesses, and direct consumers. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Exchange Ticker
NMS (United States) OTEX
TOR (Canada) OTEX.TO
SES (Singapore) OTX.SI
FRA (Germany) OTX.F
Dividend Yield

4.83% (5y avg: 2.42%)

Annual Dividends

1.09 USD

Next ex. div date

March 6, 2026

Payout Ratio

62.25%

Historical Dividends
Year Total Dividends
2027 0.30 USD
2026 1.16 USD
2025 1.08 USD
2024 1.03 USD
2023 0.99 USD
2022 0.93 USD
2021 0.84 USD
2020 0.73 USD
2019 0.68 USD
2018 0.59 USD
2017 0.51 USD
2016 0.89 USD
2015 0.77 USD
2014 0.67 USD
2013 0.90 USD

Yearly aggregated dividends

Dividends

Open Text Corporation
Mar 20, 2026 Paid
Dividend
0.275 USD
Open Text Corporation
Dec 19, 2025 Paid
Dividend
0.275 USD
Open Text Corporation
Sep 19, 2025 Paid
Dividend
0.275 USD
Open Text Corporation
Jun 20, 2025 Paid
Dividend
0.2625 USD

Historical Split Corporate Actions

Split Date Split Ratio to 1
Oct. 29, 2003 2.000000
Feb. 19, 2014 2.000000
Jan. 25, 2017 2.000000
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