Open Text Corp (OTEX) is a publicly traded Technology sector company. As of May 21, 2026, OTEX trades at $23.06 with a market cap of $5.78B and a P/E ratio of 11.02. OTEX moved +0.44% today. Year to date, OTEX is -28.74%; over the trailing twelve months it is -19.12%. Its 52-week range spans $20.00 to $39.90. Analyst consensus is neutral with an average price target of $27.89. Rallies surfaces OTEX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
OpenText Sells Vertica for US$150 Million, Will Allocate Proceeds to Debt Reduction: OpenText has sold its non-core Vertica analytics platform to Rocket Software for US$150 million in cash before taxes, fees, and adjustments. The company will apply the net proceeds to reduce outstanding debt and redeploy capital into its core data management and enterprise AI offerings.
| Metric | Value |
|---|---|
| Price | $23.06 |
| Market Cap | $5.78B |
| P/E Ratio | 11.02 |
| EPS | $2.06 |
| Dividend Yield | 0.28% |
| 52-Week High | $39.90 |
| 52-Week Low | $20.00 |
| Volume | 3.23M |
| Avg Volume | 0 |
| Revenue (TTM) | $5.21B |
| Net Income | $516.42M |
| Gross Margin | 73.06% |
9 analysts cover OTEX: 0 strong buy, 1 buy, 8 hold, 0 sell, 0 strong sell. Consensus rating is neutral. Average price target: $27.89.