Open Text stock
OTEXNASDAQOpen Text Corporation, TechnologyISIN CA6837151068
67Score 67 out of 100, Neutral
Price and trend
65 / 100
Price history
−29% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 4.6% above it.
Since October 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Sharply down: the price has fallen very quickly lately (RSI 23).
The price is 29% below its 52-week high. Largest decline in 20 years: 64% (September 2021 to June 2026).
Chart figures for advanced users
- SMA 50$24.48
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$23.71
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)23
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$20.01
- The lowest closing price of the last twelve months.
- Resistance$34.82
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Open Text Corporation belongs to the Software (Application) industry (Canada) and, with a market value of $5.99B, is number 71 of 189 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $5.25B (up 1.5% year on year) and earnings of $643.02M (up 47.5%).
- For fiscal 2027, analysts expect on average revenue of $5.16B (down 1.6%) and adjusted earnings per share of $3.91 (down 11.5%).
Show more
- MEQIRI Score 67 out of 100 (Neutral): rank 299 of 857 in Technology, median 61.
- The P/E is 9.2 (Software (Application) median 30.8, own median of recent years 32.5).
- Our model puts fair value at $66.25, with the price 62% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Modestly valuedP/E 9.2, Software (Application) median 30.8, own median 32.5.Valuation 96
- Below fair valuePrice 62% below the fair value of $66.25.Valuation 96
- Reliable dividendNo dividend cut for 13 years.Capital allocation 65
Weaknesses
- High debtDebt 1.45 times equity (latest quarter), Software (Application) median 0.36.Stability 45
Its standout strengths are valuation and fundamentals, while stability and momentum hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $50.96 and expensive above $94.65 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $49.70 (cash-flow model) and $82.80 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 12.3%. At 13.3% the fair value would be $63.45, at 11.3% it would be $69.82.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (30.8).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 0.1% on the twelve months before. Revenue has grown solidly since 2007, at about 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 74%, operating 21%, net 12%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 4 Feb 2027in 84 days
- Last reported
- 5 Nov 2026EPS reported $1.05 (expected $0.91)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $3.91+1.8%
- Revenue
- $5.16B+1.5%
- Earnings per share
- $4.25+1.4%
- Revenue
- $5.25B+1.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −2.8%First fiscal 2027 outlook: revenue of $5.135 billion to $5.185 billion (down 2% to down 1%), 0% to 1% in constant currency; the company gave no earlier comparison.
“On a reported basis, we expect total revenues to be $5.135 billion to $5.185 billion or negative 2% to negative 1%, inclusive of an approximate $30 million foreign currency headwind at current rates. Total revenue growth is expected to be 0% to 1% in constant currency terms, excluding divestitures.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q4 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Open Text
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 67
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Software (Application)
The next larger and next smaller companies by market value
- RingCentralRNG $6.3B63
- NIQ Global Intelligence PlcNIQ $6.21B46
- SenseTime Group0020.HK $6.17B33
- Dolby LaboratoriesDLB $6.06B71
- KlaviyoKVYO $5.98B47
- Beijing Compass Technology Development300803.SZ $5.97B48
- Hundsun Technologies600570.SS $5.97B62
- Octave IntelligenceOCTV $5.7B50
ETFs that hold Open Text
Held by 30 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco Cybersecurity UCITS ETF AccumUSDIVCS | 2.25% | 0.35% | €14M |
| Invesco Artificial Intelligence Enablers UCITS ETF AccumUSDIVAI | 2.21% | 0.35% | €35.63M |
| Rize Cybersecurity and Data Privacy UCITS ETF Accum USDRCRS | 1.57% | 0.45% | €124.78M |
Show 5 more
| UBS S&P Dividend Aristocrats ESG Elite UCITS ETF USD disUBUM | 0.71% | 0.30% | €237.98M |
| L&G Cyber Security UCITS ETFUSPY | 0.60% | 0.69% | €3.76B |
| iShares Automation & Robotics UCITS ETF2B76 | 0.38% | 0.40% | €4.49B |
| Amundi MSCI Smart Cities UCITS ETF ACCAMEC | 0.27% | 0.45% | €59.77M |
| Amundi MSCI Robotics & AI UCITS ETF AccGOAI | 0.13% | 0.40% | €1.14B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 7 Nov 2026, previously Strong
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.