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Open Text Corp. (OTEX) Stock Fundamental Analysis & AI Rating 2026

OTEX Nasdaq Services-Computer Integrated Systems Design A6 CIK: 0001002638
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
HOLD
60% Conf
Pending
Analysis scheduled

📊 OTEX Key Takeaways

Revenue: $2.6B
Net Margin: 12.0%
Free Cash Flow: $380.7M
Current Ratio: 0.94x
Debt/Equity: 1.58x
EPS: $1.24
AI Rating: HOLD with 60% confidence
Open Text Corp. (OTEX) receives a HOLD rating with 60% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.6B, net profit margin of 12.0%, and return on equity (ROE) of 7.8%, Open Text Corp. demonstrates mixed fundamentals in the Technology sector. Below is our complete OTEX stock analysis for 2026.

Is Open Text Corp. (OTEX) a Good Investment?

Claude

OpenText maintains strong operational margins (21.5%) and solid free cash flow generation ($380.7M), but faces significant headwinds including a 10.4% revenue decline YoY and elevated leverage (1.58x D/E). The below-1.0 current ratio and flat earnings trajectory warrant caution despite the company's profitability and cash generation capabilities.

Why Buy Open Text Corp. Stock? OTEX Key Strengths

Claude
  • + Exceptional gross margins (73.4%) demonstrate strong pricing power and operational efficiency
  • + Robust free cash flow generation ($380.7M, 14.6% margin) provides financial flexibility despite leverage
  • + Strong operating margins (21.5%) and substantial cash reserves ($1.3B) offer downside protection

OTEX Stock Risks: Open Text Corp. Investment Risks

Claude
  • ! Significant revenue decline of 10.4% YoY indicates structural challenges or persistent market headwinds
  • ! Elevated debt-to-equity ratio (1.58x) combined with declining revenue increases financial risk and limits strategic flexibility
  • ! Current ratio below 1.0 (0.94x) suggests working capital constraints and potential liquidity stress despite adequate total cash

Key Metrics to Watch

Claude
  • * Revenue stabilization or growth resumption to reverse declining trend
  • * Debt reduction trajectory and management commitment to deleveraging amid revenue pressures
  • * Operating cash flow sustainability to ensure FCF generation continues during revenue transition period

Open Text Corp. (OTEX) Financial Metrics & Key Ratios

Revenue
$2.6B
Net Income
$314.7M
EPS (Diluted)
$1.24
Free Cash Flow
$380.7M
Total Assets
$13.6B
Cash Position
$1.3B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

OTEX Profit Margin, ROE & Profitability Analysis

Gross Margin 73.4%
Operating Margin 21.5%
Net Margin 12.0%
ROE 7.8%
ROA 2.3%
FCF Margin 14.6%

OTEX vs Technology Sector: How Open Text Corp. Compares

How Open Text Corp. compares to Technology sector averages

Net Margin
OTEX 12.0%
vs
Sector Avg 18.0%
OTEX Sector
ROE
OTEX 7.8%
vs
Sector Avg 22.0%
OTEX Sector
Current Ratio
OTEX 0.9x
vs
Sector Avg 2.5x
OTEX Sector
Debt/Equity
OTEX 1.6x
vs
Sector Avg 0.5x
OTEX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Open Text Corp. Stock Overvalued? OTEX Valuation Analysis 2026

Based on fundamental analysis, Open Text Corp. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
7.8%
Sector avg: 22%
Net Profit Margin
12.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.58x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Open Text Corp. Balance Sheet: OTEX Debt, Cash & Liquidity

Current Ratio
0.94x
Quick Ratio
0.94x
Debt/Equity
1.58x
Debt/Assets
4.0%
Interest Coverage
N/A
Long-term Debt
$6.4B

OTEX Revenue & Earnings Growth: 5-Year Financial Trend

OTEX 5-year financial data: Year 2021: Revenue $3.4B, Net Income $285.5M, EPS $1.06. Year 2022: Revenue $3.5B, Net Income $234.2M, EPS $0.86. Year 2023: Revenue $4.5B, Net Income $310.7M, EPS $1.14. Year 2024: Revenue $5.8B, Net Income $397.1M, EPS $1.46. Year 2025: Revenue $5.8B, Net Income $150.4M, EPS $0.56.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Open Text Corp.'s revenue has grown significantly by 70% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.56 reflects profitable operations.

OTEX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.6%
Free cash flow / Revenue

OTEX Quarterly Earnings & Performance

Quarterly financial performance data for Open Text Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $1.3B $168.1M $0.66
Q1 2026 $1.3B $84.4M $0.32
Q3 2025 $1.3B $92.8M $0.35
Q2 2025 $1.3B $37.7M $0.14
Q1 2025 $1.3B $80.9M $0.30
Q3 2024 $1.2B $57.6M $0.21
Q2 2024 $897.4M $37.7M $0.14
Q1 2024 $852.0M $80.9M $0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Open Text Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$466.4M
Cash generated from operations
Stock Buybacks
$157.6M
Shares repurchased (TTM)
Capital Expenditures
$85.7M
Investment in assets
Dividends Paid
$136.7M
Returned to shareholders

OTEX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Open Text Corp. (CIK: 0001002638)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 8-K otex-20260410.htm View →
Feb 10, 2026 8-K otex-20260210.htm View →
Feb 5, 2026 10-Q otex-20251231.htm View →
Feb 5, 2026 8-K otex-20260205.htm View →
Feb 2, 2026 8-K otex-20260202.htm View →

Frequently Asked Questions about OTEX

What is the AI rating for OTEX?

Open Text Corp. (OTEX) has an AI rating of HOLD with 60% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OTEX's key strengths?

Claude: Exceptional gross margins (73.4%) demonstrate strong pricing power and operational efficiency. Robust free cash flow generation ($380.7M, 14.6% margin) provides financial flexibility despite leverage.

What are the risks of investing in OTEX?

Claude: Significant revenue decline of 10.4% YoY indicates structural challenges or persistent market headwinds. Elevated debt-to-equity ratio (1.58x) combined with declining revenue increases financial risk and limits strategic flexibility.

What is OTEX's revenue and growth?

Open Text Corp. reported revenue of $2.6B.

Does OTEX pay dividends?

Open Text Corp. pays dividends, with $136.7M distributed to shareholders in the trailing twelve months.

Where can I find OTEX SEC filings?

Official SEC filings for Open Text Corp. (CIK: 0001002638) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OTEX's EPS?

Open Text Corp. has a diluted EPS of $1.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OTEX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Open Text Corp. has a HOLD rating with 60% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OTEX stock overvalued or undervalued?

Valuation metrics for OTEX: ROE of 7.8% (sector avg: 22%), net margin of 12.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy OTEX stock in 2026?

Our dual AI analysis gives Open Text Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OTEX's free cash flow?

Open Text Corp.'s operating cash flow is $466.4M, with capital expenditures of $85.7M. FCF margin is 14.6%.

How does OTEX compare to other Technology stocks?

Vs Technology sector averages: Net margin 12.0% (avg: 18%), ROE 7.8% (avg: 22%), current ratio 0.94 (avg: 2.5).

Is Open Text Corp. carrying too much debt?

OTEX has a debt-to-equity ratio of 1.58x, which is above the Technology sector average of 0.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI