OTEX Stock Summary and Trading Ideas (Open Text - Common Shares | NASDAQ:OTEX)

Open Text Corp provides data management for enterprise AI, offering a secure data foundation and trusted context for credible AI outcomes across private, public, and sovereign cloud, managed cloud services, API, and on-premises environments. The Company also provides cybersecurity solutions to protect sensitive data, applications and systems across complex hybrid environments, including identity and access management, threat detection and response, data protection and application security. It serves private, public, and regulated sectors, including retail, financial services, government, manufacturing, healthcare, energy, and logistics, with clients. Geographically, it derives maximum revenue from the Americas.

Open Text - Common Shares trades on the NASDAQ stock market under the symbol OTEX.

As of November 6, 2026, OTEX stock price declined to $24.85 with 1,909,053 million shares trading.

OTEX has a beta of 0.91, meaning it tends to be less sensitive to market movements. OTEX has a correlation of 0.08 to the broad based SPY ETF.

OTEX has a market cap of $6.02 billion. This is considered a Mid Cap stock.

Last quarter Open Text - Common Shares reported $1 billion in Revenue and $1.05 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.13.

In the last 3 years, OTEX traded as high as $45.47 and as low as $19.78.

The top ETF exchange traded funds that OTEX belongs to (by Net Assets): IGV, PID, SKYY, TDIV, DISV.

OTEX has underperformed the market in the last year with a price return of -27.9% while the SPY ETF gained +10.8%. However, in the short term, OTEX had mixed performance relative to the market. It has outperformed in the last 3 months, returning -2.1% vs -4.1% return in SPY. But in the last 2 weeks, OTEX shares have been beat by the market, returning -11.1% compared to an SPY return of -3.2%.

OTEX support price is $25.55 and resistance is $26.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OTEX shares will trade within this expected range on the day.