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Open Text (OTEX.TO)

TSE:OTEX

Open Text (OTEX.TO)

34.64
+1.28 (3.84%)
as of Aug 13, 2026, 8:00:00 pm Market Open.
500 watching
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Investor Insights
star iconAug 13, 2026, 12:00 am

This summary was created by AI, based on 22 opinions in the last 12 months.

Open Text (OTEX) is experiencing significant investor skepticism due to various factors, primarily associated with the impact of artificial intelligence (AI) on traditional software models. While some analysts see potential value in the company's low price-to-earnings (PE) ratio of 5.2x and a 4% dividend yield, others express concern over the lack of organic growth and the failure of acquisitions to boost operational performance. The stock is currently positioned below important resistance at $35, and many recommendations suggest either waiting for better entry points or looking to invest elsewhere. The recent management changes add to uncertainties about its direction, leading experts to recommend caution with investments in Open Text. Overall, the sentiment remains mixed, reflecting both potential for recovery and significant risks ahead.

consensus icon
Consensus
Negative
valuation icon
Valuation
Undervalued
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Similar
CRM
BUY ON WEAKNESS

Open Text(OTEX.TO)

Nov 11, 2022
Company has navigated tech boom and bust. Tech infrastructure will remain in demand. Current dividend valuable. Valuation presenting good buying opportunity. Waiting for shares to fall further before buying.
Photo of Ryan BushellRyan Bushell
No
Unlock Rating
$39.73

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
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BUY ON WEAKNESS

Open Text(OTEX.TO)

Oct 28, 2022
Great Canadian tech story. Doesn't own shares in company. Currently going through merger of A&D opportunity. Current tech selloff might be presenting good time to buy.
Photo of Brendan CaldwellBrendan Caldwell
No
Unlock Rating
$40.75

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
TOP PICK

Open Text(OTEX.TO)

Oct 11, 2022
More of a spec play, but pays a dividend over 3%. It has been unfairly beaten up this year. Their Google deal is a positive. Has decent fundamentals. Trades at only an 8.3x PE. He will enter this shortly. It's a valuation play. (Analysts’ price target is $61.40)
Photo of Andrew PyleAndrew Pyle
No
Unlock Rating
$35.40

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
PAST TOP PICK

Open Text(OTEX.TO)

Oct 04, 2022
(A Top Pick Oct 05/21, Down 37%) It's down because it faces tough earnings comps. They did well during Covid--and still are--but aren't growing as fast. Also, they made a big purchase (they've made 80 over the past decade) of Microfocus, a large UK turnaround story. OTEX paid a lot for it and will finance it through debt and raise money in the high-yield market (at a rocky time). There's some worry over this deal, but he expects the deal to close and it will be very accretive.
Photo of Brian MaddenBrian Madden
Owned
Unlock Rating
$38.05

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
WAIT

Open Text(OTEX.TO)

Sep 29, 2022
A fan. Safe and steady. Likes the verticalization. Big selloff from expensive valuation. Recent sizeable acquisition may take a while to digest, though management has a good track record. Stock may trade down further. He'd need to see progress on debt repayment.
Photo of Darren SissonsDarren Sissons
No
Unlock Rating
$36.99

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
COMMENT

Open Text(OTEX.TO)

Sep 07, 2022
Because of the volatility, a tradable security, not an investment. You could buy it down here. Recently named a leader in the Gartner magic quadrant. Double-digit growth rate, very strong balance sheet. (Analysts’ price target is $59.00)
Photo of Kim BoltonKim BoltonUnlock Rating
$38.80

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
BUY ON WEAKNESS

Open Text(OTEX.TO)

Jun 17, 2022
Likes company but would be hesitant to buy before market calms down. All tech names being sold off. If already own shares, continue to hold. Quality company that expects to do well in the future.
Photo of Darren SissonsDarren Sissons
No
Unlock Rating
$47.87

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
WATCH

Open Text(OTEX.TO)

May 16, 2022
It has 75 000 customers which is only 10% penetration of the software business. It also wants to increase its contact (has 40% right now) with more of the Global 10 000 companies. Its software offering is broader. Is an aquisitor. Would seriously consider buying. Regarding interest rates, he feels that the effect of rising rates is overblown. Even at 2, 3 or 4% rates are still at historical lows. These rates were normal in the late 1990's (4 1/2%) but the stock market was booming and was at a much higher valuation.
Photo of Teal LindeTeal Linde
No
Unlock Rating
$47.59

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
BUY

Open Text(OTEX.TO)

Mar 28, 2022
Added to their position 7 to 10 days ago. Software companies have been dragged down with tech. Sells to medium and large size businesses globally. Has compounded with 80 acquisitions over the decade. A good combination of growth and value at 12 to13 times earnings.
Photo of Brian MaddenBrian Madden
Owned
Unlock Rating
$53.65

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
PARTIAL BUY

Open Text(OTEX.TO)

Feb 02, 2022
Develop and sell enterprise information management software. Price target of $61.75 USD. You could buy some here at $45, and some at 43. Use a stop of $40. Last week, Gartner Research named it as a leader in content services platforms. A quality name, he just doesn't have room for it. (Price targets refer to the NASDAQ listing in USD.)
Photo of Kim BoltonKim Bolton
No
Unlock Rating
$60.50

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
HOLD

Open Text(OTEX.TO)

Jan 14, 2022
Believes company multiple is coming down due to interest rate increases. Owns the stock, but would not rush out to buy more stock.
Photo of Norman LevineNorman Levine
Owned
Unlock Rating
$59.55

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
BUY

Open Text(OTEX.TO)

Dec 13, 2021
Although it has not gone up as much as the high flyers, it has not gone down as much these days. Its growth has been by acquisition in the software management space. Very slow growth and there is a slow migration to on-going SAS recurring revenues. He loves their margins, however. It is trading in a fair range here. Unexciting, but a stable company.
Photo of Stephen Takacsy, B. Eng, MBAStephen Takacsy, B. Eng, MBAUnlock Rating
$60.02

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
BUY

Open Text(OTEX.TO)

Nov 26, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company continues to show solid and stable growth. Cash flow is strong and they are able to grow by acquisitions. It will probably not grow as quickly as before and it does have sizable debt. Unlock Premium - Try 5i Free

Photo of Stockchase InsightsStockchase Insights
Unknown
Unlock Rating
$61.86

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
TOP PICK

Open Text(OTEX.TO)

Oct 05, 2021
Over 95% recurring revenues. Global business and serial acquirer. 14.5% total compound return over 20 years, double the TSX and tech sector. It's boring tech but beautiful. (Analysts’ price target is $73.36)
Photo of Brian MaddenBrian Madden
Owned
Unlock Rating
$61.23

Stock price when the opinion was issued

$34.64

As of Aug 13, 2026. Market Open.

computer softwareprocessing
HOLD

Open Text(OTEX.TO)

Sep 22, 2021
Quality business. 15x 2022 earnings, quite cheap. Trouble is there aren't many catalysts for growth. He's modelling only 3% EPS growth. Better places for new money. If you own it, it will continue to work. So hold it, or sell some covered call options. The stock isn't going to run away.
Photo of Greg NewmanGreg NewmanUnlock Rating
$65.22

Stock price when the opinion was issued

$34.64

As of Aug 13, 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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