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TSE:OTEX
Open Text (OTEX.TO)
29.47
+0.24 (0.82%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
380 watching
Financials 
Technical Analysis 0
BUY
BUY
Great company. Very diverse client base globally. Strategic partnership with Google should drive revenue and accelerate organic growth. So they won't have to rely as much on acquisitions to drive growth. Not a high P/E ratio. Very capable acquirer in a fragmented industry.
Brian MaddenOwned
computer softwareprocessing
STRONG BUY
It sells at a reasonable valuation. They run a great company. They buy their rivals and bring them in and increase profitability.
Norman LevineOwned
computer softwareprocessing
TOP PICK
Growth by acquisition strategy. Great migration from license sales to the cloud. Continued great growth. Excess free cash flow pays down the debt. Yield is 1.71%. (Analysts’ price target is $61.57)
John ZechnerOwned
computer softwareprocessing
TOP PICK
They boast 100 million users globally with 75% of revenues coming from subscriptions. 95% of business comes outside Canada. That lessens risk.They spend their large cash flow ($6.2 billion in the last 20 years) buying businesses and they do it well. The stock has generated an annual compound rate of return of 13.5% over 20 years, double the TSX. (Analysts’ price target is $61.78)
Brian MaddenOwned
computer softwareprocessing
TOP PICK
75% of its revenue is recurring. They're highly acquisitive, so they've compounded capital 20% a year for a long time. A long track record. It trades at 11x EBITDA vs. peers 15x. Their last quarter disappointed, but it's now a buying opportunity. For a tech company, it's also defensive: Fortune 500 companies buy their products. Will do well in this environment. (Analysts’ price target is $61.78)
James TelfserOwned
computer softwareprocessing
TOP PICK
It's trading near 52-week highs, though held back a little compared to its peers. This will change given their focus on the cloud and maybe an acqusition. They will grow around 5% organically. They will buy back a lot of stock. Their Google partnership in the cloud holds great potential. Trades at 11x EBITDA vs. 17x peers. (Analysts’ price target is $59.97)
James TelfserOwned
computer softwareprocessing
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Sell Fortis and AQN to buy OTEX? AQN is a great utility; they've done a good job growing. He owns Emera in this space. Utilities have done very well until recently when a trade deal looked possible. He'd own OTEX before AQN, because it has generated a higher return on equity historically. Occasionally, OTEX makes a big acquisition to surprise the market in a good way. OTEX is doing more cloud work, which amounts to wider margins.