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Model output · Signal date 2026-11-06

Open Text Corp (OTEX) Stock Forecast Nov. 6, 2026

Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 5150 stocks scored
Rank correlation · 90D 10.0% Spearman, 357 dates
Market Cap $6.02B mid-cap · #11 of 43 peers
Summary

Open Text Corp (OTEX) stock forecast summary

Our AI scores Open Text Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Open Text Corp is a mid-cap company with a market capitalization of $6.02B. It ranks number 11 by market capitalization among the 43 Services-Computer Integrated Systems Design issuers in our coverage with a current forecast.

For OTEX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, OTEX included.

Price

OTEX price chart and AI forecast

OTEX
Cross-section · 2026-11-06

How OTEX ranks among 5150 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-09-30

Open Text Corp (OTEX) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Computer Integrated Systems Design peers listed below that report each metric.

Valuation & Market

MetricOTEXIndustry medianRank
Market Cap $6.02B $291M 11/43
P/E Ratio 9.41x 21.02x 15/16
P/B Ratio 1.46x 2.01x 21/31
Dividend Yield 4.43% 2.29% 1/5
EPS $2.64 – –
Book Value/Share $16.97 – –
Revenue/Share $21.46 – –
FCF/Share $3.49 – –

Profitability & Margins

MetricOTEXIndustry medianRank
ROE 15.9% 4.2% 6/22
ROA 5.0% -1.6% 8/28
ROIC 10.1% -4.8% 10/36
Gross Margin 73.8% 37.9% 6/33
Operating Margin 20.5% -9.9% 4/37
Net Margin 12.5% -1.0% 7/27
EBT Margin 16.8% -2.6% 7/38
Tax Rate 25.2% – –

Financial Health

MetricOTEXIndustry medianRank
Current Ratio 0.85x 1.58x 32/40
D/E Ratio 2.14x 0.59x 8/33
Financial Leverage 3.15x 1.63x 9/33
Interest Coverage 4.3x 0.4x 11/35
Working Capital -$360M $37M 39/40

Cash Flow

MetricOTEXIndustry medianRank
Operating Cash Flow $1.03B $4M 3/41
Free Cash Flow $845M $39M 3/26
Capital Spending -$187M -$25M 25/26
OCF Growth YoY -2.4% 16.4% 13/17
FCF Growth YoY -6.7% 13.4% 11/15
FCF/Sales 16.3% 6.5% 8/25
CapEx/Sales 3.6% 1.3% 9/25

Operational Efficiency

MetricOTEXIndustry medianRank
Asset Turnover 0.40x 0.67x 22/29
Receivables Turnover 7.8x 6.8x 9/27
Fixed Assets Turnover 9.9x 21.0x 20/29
Days Sales Outstanding 47 days 54 days 19/27
Payables Period 37 days 54 days 20/31

Income Statement

MetricOTEXIndustry medianRank
Total Revenue $5.19B $344M 6/29
Operating Income $1.06B -$5M 3/39
Net Income $652M -$410K 3/28
R&D Expense $621M $27M 2/29
SG&A Expense $1.76B $131M 4/36
Cost of Goods Sold $1.36B $87M 8/37

Dividend & Shareholder Information

MetricOTEXIndustry medianRank
Dividends Per Share $1.10 – –
Payout Ratio 41.7% 27.2% 1/5
Shares Outstanding 242M – –
Net Income Growth 30.8% 22.1% 5/12
EPS Growth 38.2% 8.5% 2/12

Balance Sheet Highlights (USD millions)

Total Current Assets$2.02B15.6% of assets
Cash & Short-term Investments$983M7.6% of assets
Accounts Receivable$663M5.1% of assets
Total Liabilities$8.81B68.2% of assets
Short-term Debt$2.24B17.3% of assets
Quarterly Financial Reports

OTEX quarterly financials and insider trading

Industry Peers · Services-Computer Integrated Systems Design

Open Text Corp (OTEX) industry peers

Companies classified under the same SEC industry code as Open Text Corp (Services-Computer Integrated Systems Design): 45 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
OTEX Open Text Corp $6.02B 9.4x 1.5x
IOT Samsara Inc. $24.00B 1024.5x 15.0x
LDOS Leidos Holdings, Inc. $16.65B 11.9x 3.2x
IONQ Ionq, Inc. $14.11B 40.8x 2.8x
GDDY Godaddy Inc. $13.87B 13.0x –
CACI Caci International Inc /De/ $13.57B 25.1x 2.9x
JKHY Jack Henry & Associates Inc $12.15B 23.8x 5.8x
QNT Quantinuum Inc. $9.89B – 24.0x
AUR Aurora Innovation, Inc. $8.91B – 5.0x
LNWO Light & Wonder, Inc. $6.45B 17.7x 15.3x
SAIC Science Applications International Corp $6.15B 17.2x 4.3x
WAY Waystar Holding Corp. $5.54B 48.1x 1.4x
PSN Parsons Corp $5.31B 31.1x 2.0x
KD Kyndryl Holdings, Inc. $3.55B 19.6x 3.3x
AGYS Agilysys Inc $3.42B 85.3x 9.6x
NTCT Netscout Systems Inc $2.31B 22.4x 1.4x
WRD Weride Inc. $1.38B – –
OSPN Onespan Inc. $797M 11.3x 2.8x
TLS Telos Corp $357M – 3.8x
ECX Ecarx Holdings Inc. $315M – –
SMRT Smartrent, Inc. $308M – 1.4x
ASUR Asure Software Inc $291M – 1.5x
KDK Kodiak Ai, Inc. $257M – –
RBBN Ribbon Communications Inc. $247M 5.8x 0.6x
UIS Unisys Corp $179M – –
MRLN Merlin, Inc. $88M – –
AIOS Aios Tech Inc. $73M – 0.8x
CSPI Csp Inc /Ma/ $72M – 1.6x
WYY Widepoint Corp $62M – 5.3x
ARBE Arbe Robotics Ltd. $52M – 1.3x
MBAI Mbody Ai Ltd. $37M – 1.2x
ODYS Odysight.Ai Inc. $36M – 2.1x
TSPH Tusimple Holdings Inc. $33M – –
BNAI Brand Engagement Network Inc. $33M – 1.7x
CREX Creative Realities, Inc. $27M – 1.4x
STEM Stem, Inc. $21M – –
VEEA Veea Inc. $14M – 1.7x
SLE Super League Enterprise, Inc. $9M – 0.7x
FUSE Fusemachines Inc. $8M – –
GRHI Gold Rock Holdings, Inc. $4M – –
HCTI Healthcare Triangle, Inc. $3M – 0.1x
RIME Algorhythm Holdings, Inc. $1M – –
OMQS Omniq Corp. $1M – –
DAIC Cid Holdco, Inc. N/A – –
SEII Sharing Economy International Inc. N/A – –

Where OTEX sits on the market map

Technology · Services-Computer Integrated Systems Design
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News

Open Text Corp (OTEX) stock news

source: Financial Post

Open Text Corp. has about $1-billion in balance sheet capacity, which it will use for acquisitions if history is any lesson. The Waterloo, Ont.-based software company acquired EasyLink for ...

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FAQ

Open Text Corp (OTEX) stock forecast FAQ

What is the Open Text Corp (OTEX) stock forecast?

Our AI scores Open Text Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Open Text Corp stock predictions?

For OTEX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Open Text Corp forecasts updated?

Open Text Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.

Which companies are Open Text Corp's industry peers?

45 issuers in our coverage, OTEX included, share the SEC industry code Services-Computer Integrated Systems Design. The largest are: Samsara Inc. (IOT), Leidos Holdings, Inc. (LDOS), Ionq, Inc. (IONQ), Godaddy Inc. (GDDY), Caci International Inc /De/ (CACI), Jack Henry & Associates Inc (JKHY).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.