Market Cap
$5.6B
OTEX
OPEN TEXT CORP
$22.22 ▼ -0.80%
Prev close $22.40Market cap$5.6B
ConsensusBuy
12-mo target$27.95 (+25.8%)
▲ Bullish
Analyst conviction 7/10
29 New Institutional Positions21 Institutional Exits Software & IT
Snapshot
The big-picture read on OTEX right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (67%)
Inst. Holders
50 funds
Inst. Value
$3.7B
Inst. Activity
29 buys / 21 sells
SEC Reports
6
Price chart 30d -10.6%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 other
Aug 6, 2026 SEC OpenText Completes $1.0 Billion Senior Secured Notes Offering
WATERLOO, ON, Oct. 1, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASD
OpenText reported Q4 FY2026 results with Non-GAAP EPS of $1.23, a 17.7% beat vs. the $1.04 consensus, and total revenue
8-K — Impact 6/10
OpenText appointed Jill Larsen, Chief People Officer of Synopsys, to its board of directors, replacing Kristen Ludgate w
8-K — Impact 3/10
Jun 30, 2026 Inst.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP — DOUBLED
8,350,918 shares ($184.9M)
Jun 30, 2026 Inst.
Jun 11, 2026 SEC MACKENZIE FINANCIAL CORP — ADD
3,556,884 shares ($111.7M)
A mixed institutional cluster in OTEX for Q3 2025 shows four buyers adding $113.9M in holdings (led by Dimensional Fund
INST-CLUSTER — Impact 4/10
Analyst ratings buy % -4.3%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
67% rate it Buy or better · 9 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Aug 8, 2026 | Scotiabank | MAINTAIN | Sector Outperform | 56% |
| Aug 7, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Aug 7, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| May 11, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| May 11, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| May 8, 2026 | Scotiabank | MAINTAIN | Sector Outperform | 56% |
| May 8, 2026 | RBC Capital | MAINTAIN | Sector Perform | 55% |
| Apr 21, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 2 | 4 | 3 | 0 | 0 | 67% | |
| Aug 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Jul 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| Jun 1, 2026 | 2 | 5 | 2 | 0 | 0 | 78% | |
| May 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Apr 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Mar 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Feb 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% |
Price targets
Where 11 covering analysts think OTEX trades over the next 12 months.
$27.95 +25.8% upside Strong Buy
Current$22.22 Low$25.00 Median$27.00 High$33.00 11 analysts
$25.00$33.00
Analyst rating Hold· 2.8/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
6 SEC filing reports analyzed · 1 bullish, 0 bearish, 1 mixed, 4 neutral · avg impact 4.0/10.
BULLISH8-K6/10
OpenText reported Q4 FY2026 results with Non-GAAP EPS of $1.23, a 17.7% beat vs. the $1.04 consensus
Aug 6, 2026
NEUTRAL8-K3/10
OpenText appointed Jill Larsen, Chief People Officer of Synopsys, to its board of directors, replaci
Jul 17, 2026
MIXEDINST-CLUSTER4/10
A mixed institutional cluster in OTEX for Q3 2025 shows four buyers adding $113.9M in holdings (led
Jun 11, 2026
NEUTRAL8-K4/10
OpenText completed the sale of its non-core Vertica analytics platform to Rocket Software for $150 m
May 11, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
other
OpenText Completes $1.0 Billion Senior Secured Notes Offering
WATERLOO, ON, Oct. 1, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASDAQ: OTEX), (TSX: OTEX) announced today that it has
Sep 30, 2026
m_and_a
OpenText Announces Pricing Terms and Results of Cash Tender Offer
WATERLOO, ON, Sept. 30, 2026 /PRNewswire/ -- Open Text Corporation ("OpenText" or the "Company") (NASDAQ: OTEX), (TSX: OTEX) today announced the prici
Sep 23, 2026
m_and_a
OpenText Announces Pricing of Senior Secured Notes Offering to Redeem its Outstanding 2027 Notes and Fund Tender Offer for a Portion of its Outstanding 2028 Notes
WATERLOO, ON, Sept. 23, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASDAQ: OTEX), (TSX: OTEX) today announced that it h
Sep 23, 2026
m_and_a
OpenText Announces Senior Secured Notes Offering to Redeem its Outstanding 2027 Notes and Fund Tender Offer for a Portion of its Outstanding 2028 Notes
WATERLOO, ON, Sept. 23, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASDAQ: OTEX), (TSX: OTEX) today announced that it h
Sep 23, 2026
m_and_a
OpenText Announces Cash Tender Offer for a Portion of its Outstanding 2028 Notes
WATERLOO, ON, Sept. 23, 2026 /PRNewswire/ -- Open Text Corporation (the "Company" or "OpenText") (NASDAQ: OTEX), (TSX: OTEX) today announced the comme
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.93 | $0.84–$1.04 | -11.7% | -0.1% | 0↑ 5↓ | $1.2B | 12 |
| Next Q | $1.01 | $0.88–$1.11 | -10.5% | -0.2% | 0↑ 5↓ | $1.3B | 10 |
| Current FY | $3.90 | $3.47–$4.21 | -11.8% | -0.1% | 0↑ 6↓ | $5.2B | 12 |
| Next FY | $4.26 | $3.88–$4.71 | 9.1% | -0.1% | 0↑ 3↓ | $5.2B | 12 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.928 | — |
| 7d ago | $0.928 | -0.001 |
| 30d ago | $0.928 | -0.001 |
| 60d ago | $1.077 | -0.150 |
| 90d ago | $1.071 | -0.144 |
Institutional ownership
Which big funds own OTEX (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $3.7B total value (165,910,019 shares) as of 2026-Q2. Top holders: NOMURA, 1832, FIL. Net buying activity: 29 institutions added/increased vs 21 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| NOMURA ASSET MANAGEMENT CO LTD | 0 | $0.00 | 0.0% | — |
| 1832 Asset Management L.P. | 25,041,994 | $554.7M | 14.9% | — |
| FIL Ltd | 19,135,000 | $423.5M | 11.4% | — |
| BRANDES INVESTMENT PARTNERS, LP | 13,061,929 | $289.3M | 7.8% | — |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 12,041,601 | $266.6M | 7.2% | — |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 8,350,918 | $184.9M | 5.0% | DOUBLED +446.3% |
| ROYAL BANK OF CANADA | 8,086,541 | $179.1M | 4.8% | — |
| FIRST TRUST ADVISORS LP | 7,215,231 | $159.7M | 4.3% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 7,144,557 | $158.1M | 4.3% | — |
| MACKENZIE FINANCIAL CORP | 3,556,884 | $111.7M | 3.0% | ADD +31.8% |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | DOUBLED | 1,528,570 | 8,350,918 | +446.3% | $184.9M |
| MACKENZIE FINANCIAL CORP | ADD | 2,697,717 | 3,556,884 | +31.8% | $111.7M |
| NORGES BANK | NEW | — | 3,247,878 | — | $71.8M |
| CIBC WORLD MARKET INC. | ADD | 2,321,695 | 3,207,970 | +38.2% | $70.9M |
| Amundi | DOUBLED | 886,777 | 2,260,072 | +154.9% | $50.1M |
| GEODE CAPITAL MANAGEMENT, LLC | TRIM | 3,621,943 | 1,676,815 | -53.7% | $45.5M |
| GOLDMAN SACHS GROUP INC | DOUBLED | 964,621 | 1,934,965 | +100.6% | $42.9M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | NEW | — | 1,800,000 | — | $39.8M |
| MILLENNIUM MANAGEMENT LLC | NEW | — | 1,763,473 | — | $39.0M |
| JANE STREET GROUP, LLC | DOUBLED | 38,809 | 1,661,470 | +4181.1% | $36.8M |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for OTEX.
Shares short
14,065,288
Settlement Sep 15, 2026
Change vs prior
-16.5%
Semi-monthly cycle
Days to cover
10.0
At avg daily volume
Of shares outstanding
≈5.6%
Estimate — not % of float
All OTEX filing & press-release reports (6)
- 8-K reportAug 6, 2026
- 8-K reportJul 17, 2026
- INST-CLUSTER reportJun 11, 2026
- 8-K reportMay 11, 2026
- 8-K reportApr 21, 2026
- 8-K reportApr 20, 2026