TSE:OTEX
Open Text (OTEX.TO)
Financials 
Technical Analysis 
Sep 3, 2026, 12:00 amThis summary was created by AI, based on 21 opinions in the last 12 months.
Open Text (OTEX) has received mixed reviews from analysts, with a consensus indicating significant caution regarding its future performance. The stock has climbed above $28 but struggles against a resistance level at $35, with some experts suggesting a breakout above this point could signal a positive uptrend. However, there are concerns about the company's organic growth, which sits at a meager 1-2%. Additionally, analysts highlight potential disruptions in the software industry due to AI and a recent management shuffle. While there are opportunities for trading and potential recovery, many experts urge caution and recommend focusing on other tech stocks that exhibit better growth and execution.
Brian MaddenBrian Madden
He just bought a lot of this and likes tech, especially those that grow by acquiring like OTEX. It's been good at finding additional products to include in their packages. He likes this for the long-haul. Tech is a safe space in the coming 12-18 months. Canadian tech is cheaper than the U.S. FAANGs, though he owns Netflix and Disney.
Michael Decter
Robert McWhirter
David Driscoll
Andrew PinkHe's owned this for a while. Any dip, he buys. It went up today during a wide market sell-off. They can expand organically with existing customers. They always do well during market volatility, and always a take-out candidate (and one day it will happen). (Analysts’ price target is $63.36)
James Telfser
Darren SissonsPrefers this to Shopify. Less demanding multiple at 14-15x. Doesn't have the 30-40% gut-wrenching pullbacks, and sometimes boring is beautiful.
Brian Madden
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They reported Q3 earnings last night and they were strong results. They do enterprise content and information management through site and cloud based delivery. They have 10,000 companies and 97% of revenue comes from outside Canada. Over 20 years their ROE has averaged over 14% -- triple the TSX average. They are partnering with Amazon web services. Boring tech can be beautiful. Yield 1.86% (Analysts’ price target is $62.51)