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HMP.TO 0.03SPGP 1ZUQ.TO 0.55NVDA 0.32GL 1.66MRK -1.71IEMG 0.5GEV 33.87
Open Text (OTEX.TO)

TSE:OTEX

Open Text (OTEX.TO)

31.06
+0.54 (1.77%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
501 watching
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Investor Insights
star iconJun 14, 2026, 12:00 am

This summary was created by AI, based on 20 opinions in the last 12 months.

Open Text (OTEX) faces significant challenges as the company navigates a disruptive AI landscape that is reshaping software pricing models and contract renewals. Experts highlight a recent selloff, with concerns about its growth strategy, predominantly driven by acquisitions that have not yielded substantial success. The stock has experienced technical breakdowns, slipping below key support levels, and the company's management changes add to investor uncertainty. Despite some potential for recovery, many experts suggest exploring higher-quality software companies with better execution and growth prospects. Overall, OTEX is perceived as struggling with organic growth while competing with stronger players in the industry.

consensus icon
Consensus
Avoid
valuation icon
Valuation
Overvalued
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Similar
Salesforce, CRM
TOP PICK

Open Text(OTEX.TO)

Jul 24, 2019

It's trading near 52-week highs, though held back a little compared to its peers. This will change given their focus on the cloud and maybe an acqusition. They will grow around 5% organically. They will buy back a lot of stock. Their Google partnership in the cloud holds great potential. Trades at 11x EBITDA vs. 17x peers. (Analysts’ price target is $59.97)

Photo of James TelfserJames Telfser
Owned
Unlock Rating
$57.51

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Jul 22, 2019
Sell CGI to buy OTEX? He watches it. OTEX is a leader in its field in Canada, but the stock is pricey. Buy in the mid-$40s. It reports on August 1.
Photo of Kim BoltonKim Bolton
No
Unlock Rating
$56.91

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY

Open Text(OTEX.TO)

Jul 15, 2019

Fine company. They buy companies to grow, paid by excess free cash flow. Low valuation, too. There's good growth; they just struck a partnership with Google.

Photo of John ZechnerJohn Zechner
Owned
Unlock Rating
$55.75

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY

Open Text(OTEX.TO)

Jul 11, 2019

Their partnership with Google and Mastercard He's followed this many years and once owned it. Their partnership with Google is excellent; Google is number three in the cloud space. This partnership may accelerate OTEX's organic growth which has traditionally been tepid and done through acqusitions. This trades at 14x earnings when the software space is much higher. He likes OTEX.

Photo of Brian MaddenBrian Madden
No
Unlock Rating
$55.98

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
TOP PICK

Open Text(OTEX.TO)

Jul 05, 2019

They've done a really good job on recurring revenue.  Fantastic balance sheet.   Street consensus is BUY. Price target : $60.64

Photo of Hap (Robert) Sneddon FCSIHap (Robert) Sneddon FCSIUnlock Rating
$54.90

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
HOLD

Open Text(OTEX.TO)

May 24, 2019
If you bought it as a trade, you might want to take some profits. But technically, there's nothing he can point to that says sell it.
Photo of Elliott FishmanElliott FishmanUnlock Rating
$54.35

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
PAST TOP PICK

Open Text(OTEX.TO)

May 22, 2019
(A Top Pick May 29/18, Up 26%) They grow by acquisition. The CEO is a little off-putting, but he is brilliant and does a great job identifying targets.
Photo of Norman LevineNorman Levine
Owned
Unlock Rating
$55.07

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
STRONG BUY

Open Text(OTEX.TO)

May 14, 2019
Loves it and it is slightly undervalued. They continue to make a lot of money off software licensing. They sit on a lot of cash, but get into debt when they make acquisitions. A high-quality Canadian tech name, which are rare.
Photo of Mike S. Newton, CIM FCSIMike S. Newton, CIM FCSI
Owned
Unlock Rating
$53.51

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
TOP PICK

Open Text(OTEX.TO)

May 07, 2019

An underloved Canadian software stock that is now focusing on the cloud, reducing lumpiness in their business. Trading at 11x EBITDA vs. peers at 17-18x. They close the valuation gap. (Analysts’ price target is $60.91)

Photo of James TelfserJames Telfser
Owned
Unlock Rating
$52.99

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
SHORT

Open Text(OTEX.TO)

Apr 29, 2019
They have 2x debt-to-EBITDA. He's shorting the stock. It's pretty expensive, and their access to capital will decline since we are late in the cycle.
Photo of James HodginsJames Hodgins
Owned
Unlock Rating
$51.45

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Apr 17, 2019
Makes him mad that they don't own it. In the right place in the right time. They sell Enterprise information Management software. It allows the companies to digitize their processes. He would buy it in the high $30s
Photo of Kim BoltonKim Bolton
No
Unlock Rating
$50.74

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
WAIT

Open Text(OTEX.TO)

Apr 03, 2019
Follows it very closely, but doesn't own it. Software for enterprise information management, and they're extremely good at it. Fabulous Canadian story. Clients all over the world. Well diversified. Recurring revenues. Gartner Research has it as one of the leaders. Double digit recurring growth. But it's expensive. He'd buy in mid-30s.
Photo of Kim BoltonKim Bolton
No
Unlock Rating
$51.59

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Mar 25, 2019
Good acquisitions. He recently sold it, because of fears of the US dollar weighing on their earnings. He regrets this, because it has since moved up 10%. He likes the company and is looking for a better entry point than the current price. A good growth company.
Photo of Cole KachurCole Kachur
No
Unlock Rating
$50.31

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Mar 19, 2019
A company tech company. A good serial acquirer in Europe and North America. He's waiting for a pullback, say to $45.
Photo of Bruce Campbell (1)Bruce Campbell (1)
No
Unlock Rating
$51.04

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Feb 25, 2019
Strong fundamentals, but it's running into resistance now.
Photo of Andrew PyleAndrew Pyle
No
Unlock Rating
$50.24

Stock price when the opinion was issued

$31.06

As of Jun 12, 2026. Market Open.

computer softwareprocessing
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Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at: [email protected].

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