OTEX: Open Text Corp.

Stock

About

Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. It includes customer experience management (CEM), digital process automation, business network, and enterprise content management, discovery, security, and artificial intelligence (AI) and analytics solutions. It also offers consulting, managed, and learning services. The company was founded on June 26, 1991 and is headquartered in Waterloo, Canada.

Year Founded
1991
Employees
24,100
Sector
Information Technology
HQ Location
Waterloo, undefined

Current Value

$28.52

1 Year Return

-$10.40
-26.72%

Key Details

Market Cap

$7.59B

P/E Ratio

16.54

1Y Stock Return

-26.30%

1Y Revenue Growth

10.97%

Dividend Yield

3.34%

Price to Book

1.8

Strategies that include
OTEX

Create your own
strategy with

OTEX
Three dimensional double logo

Stock's related to
OTEX

Correlated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
SPT61.68%$1.67B-46.02%0.00%
TRMB50.70%$17.01B+61.09%0.00%
NET50.22%$33.09B+30.49%0.00%
TNC46.39%$1.61B-1.42%1.31%
DSG45.88%$9.71B+39.81%0.00%
SABR45.80%$1.41B-0.81%0.00%
VNT45.20%$5.57B+11.08%0.27%
KOP44.43%$757.45M-12.85%0.74%
ALG44.29%$2.30B+4.01%0.55%
AAON44.05%$10.66B+106.55%0.24%
PCOR44.02%$10.41B+26.77%0.00%
NVEC43.76%$364.49M+7.38%5.30%
TD43.71%$97.59B-9.20%5.39%
AEIS43.38%$4.20B+16.90%0.27%
OUT43.36%$3.11B+52.98%6.41%
NMRK43.13%$2.60B+94.74%0.79%
FLR42.41%$9.03B+40.83%0.00%
ADNT42.40%$1.65B-41.00%0.00%
TKR42.30%$5.15B+0.82%1.84%
HHH42.22%$3.98B+14.89%0.00%

Uncorrelated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
SRRK-0.03%$2.61B+134.91%0.00%
MSDL-0.03%$1.83B+0.66%7.26%
CAG-0.17%$12.64B-6.10%5.26%
KDP0.18%$42.76B-1.22%2.77%
SXC0.20%$1.05B+39.93%3.52%
KO0.24%$269.63B+7.86%3.07%
EDSA-0.29%$7.11M-21.79%0.00%
ALL-0.29%$52.06B+45.67%1.85%
LOCO0.33%$361.37M+39.70%0.00%
PSQH0.34%$79.26M-57.46%0.00%
THG-0.40%$5.88B+36.24%2.08%
LRN0.41%$4.43B+74.97%0.00%
XBIO-0.46%$6.01M+21.36%0.00%
WEC0.48%$31.33B+22.40%3.38%
UNH-0.49%$531.00B+6.93%1.37%
DOGZ-0.60%$614.77M+1,372.26%0.00%
CYCN-0.61%$4.77M-16.19%0.00%
HIHO-0.64%$8.63M0.00%6.12%
LAUR-0.66%$2.83B+41.77%0.00%
OKLO-0.71%$2.66B+111.04%0.00%

Inversely Correlated Stocks

NameCorrelationMarket CapReturn % (1 Year)Div Yield %
ETR-18.51%$32.14B+49.00%3.05%
CBOE-17.42%$21.46B+15.84%1.11%
UUU-17.05%$4.97M-41.89%0.00%
LUNA-14.28%$55.69M-71.48%0.00%
SMC-14.12%$383.35M+97.26%0.00%
MCK-13.48%$78.15B+35.51%0.42%
HUSA-13.07%$16.69M-11.56%0.00%
CPSH-12.00%$20.70M-40.13%0.00%
ALHC-10.81%$2.13B+65.77%0.00%
DLNG-10.59%$161.93M+73.23%0.00%
PGR-10.30%$149.10B+57.29%0.45%
MDGL-10.05%$6.85B+66.72%0.00%
GIS-9.77%$34.85B-2.91%3.78%
ROOT-9.61%$1.53B+972.93%0.00%
IP-9.40%$20.09B+78.02%3.20%
WHLM-9.27%$17.64M-29.34%0.00%
AMGN-8.73%$150.48B+6.52%3.20%
MATX-8.52%$5.07B+59.09%0.86%
ASPS-8.38%$22.36M-80.26%0.00%
WOW-8.37%$434.90M+18.48%0.00%

ETF's related to
OTEX

Correlated ETFs

NameCorrelationAUMExpense Ratio
QQA56.94%$135.01M0%
CIBR55.25%$6.98B0.59%
HACK53.35%$1.80B0.6%
XSW52.80%$402.79M0.35%
ITEQ52.33%$84.84M0.75%
WCLD52.12%$454.67M0.45%
MILN51.88%$126.77M0.5%
IHAK51.68%$916.89M0.47%
CLOU51.67%$349.39M0.68%
RSPA51.56%$273.87M0%
SKYY51.37%$3.41B0.6%
PEJ51.36%$257.98M0.57%
IBUY51.17%$176.17M0.65%
ARTY51.05%$624.02M0.47%
FXL50.94%$1.39B0.62%
IWP50.92%$17.19B0.23%
VOT50.79%$15.26B0.07%
FCTR50.76%$71.90M0.65%
IGV50.69%$9.18B0.41%
ROBT50.68%$441.35M0.65%

Uncorrelated ETFs

NameCorrelationAUMExpense Ratio
ULST-0.46%$535.47M0.2%
MINT0.74%$11.62B0.35%
KRBN0.95%$242.47M0.85%
HDRO-1.24%$164.26M0.3%
CSHI1.55%$482.85M0.38%
AGZD1.76%$142.76M0.23%
YEAR1.86%$1.13B0.25%
EQLS-1.90%$76.08M1%
XHLF1.98%$874.27M0.03%
JUCY2.06%$324.29M0.6%
KMLM2.63%$353.87M0.9%
USCI2.93%$185.47M1.07%
KCCA3.14%$220.51M0.87%
GBIL3.53%$5.60B0.12%
BILZ3.57%$563.02M0.14%
IBDP3.82%$2.11B0.1%
TBIL3.99%$4.38B0.15%
DBO4.21%$217.57M0.77%
XONE4.29%$548.88M0.03%
UNG-4.41%$908.80M1.06%

Inversely Correlated ETFs

NameCorrelationAUMExpense Ratio
BTAL-41.41%$388.04M1.43%
VIXY-31.43%$195.31M0.85%
TAIL-24.17%$67.98M0.59%
USDU-19.65%$201.97M0.5%
UUP-18.07%$309.25M0.77%
CTA-7.83%$350.27M0.78%
WEAT-7.61%$120.27M0.28%
CLOI-7.48%$715.40M0.4%
XBIL-6.12%$637.70M0.15%
TBLL-5.83%$1.92B0.08%
CCOR-5.49%$109.04M1.18%
DBA-4.65%$755.88M0.93%
CORN-4.58%$61.12M0.2%
UNG-4.41%$908.80M1.06%
EQLS-1.90%$76.08M1%
HDRO-1.24%$164.26M0.3%
ULST-0.46%$535.47M0.2%
MINT0.74%$11.62B0.35%
KRBN0.95%$242.47M0.85%
CSHI1.55%$482.85M0.38%

News

Yahoo

We recently compiled a list of the 10 Emerging AI Stocks You Should Keep on Your Radar. In this article, we are going to take a look at where Open Text Corporation (NASDAQ:OTEX) stands against the other AI stocks you should keep on your radar. Building the Future of AI in the U.S. As reported by […]

Yahoo

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today unveiled Cloud Editions (CE) 24.4 at OpenText World 2024, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work. This release delivers secure, AI-integrated solutions that strengthen data connectivity, streamlines workflows, and enhances human potential—addressing the needs of forward-thinking CIOs and business leaders navigating multi-cloud environments.

Yahoo

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that the OpenText Partner Network now has expanded access to sell OpenText's entire portfolio of solutions for information management, including Content Services, Experience Management, Security, IT Operations Management, and Developer tools along with accelerants, such as cloud, artificial intelligence, automation and analytics.

Yahoo

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced a new Partner Enterprise Learning Subscription today at OpenText World 2024. The Partner Enterprise Learning Subscription gives Partners the ability to build the skills they need at scale and helps customers verify their Partner has the relevant product-related skills, giving them confidence in their choice of Partner.

Yahoo

While Open Text Corporation ( NASDAQ:OTEX ) might not have the largest market cap around , it saw significant share...

Yahoo

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced its full slate of interactive workshops, learning pathways, and business solution focus areas for OpenText World 2024, the premier event for information management, set to take place at the Venetian Resort in Las Vegas from November 18-21, 2024.

Disclaimer

Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

Design your own stock index

© Double Finance, 2024

Double is a registered investment adviser with the US Securities and Exchange Commission (SEC). While such registration does not imply a certain level of skill, it does require us to follow federal regulations that protect you, the investor. By law, we must provide investment advice that is in the best interest of our client. Please refer to Double's Form CRS for important additional information.

The publicly available portions of the Platform (i.e., the sections of the Platform that are available to individuals who are not party to a Client Agreement - including double.finance) are provided for educational purposes only and are not intended to provide legal, tax, or financial planning advice. To the extent that any of the content published on publicly available portions of the Platform may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Nothing on the publicly available portions of the Platform should be construed as a solicitation or offer, or recommendation, to buy or sell any security. All charts, figures, and graphs on the publicly available websites are for illustrative purposes only. Before investing, you should consider whether any investment, investment strategy, security, other asset, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance. You are also encouraged to consult your legal, tax, or investment professional regarding your specific situation. Registration does not imply a certain level of skill or training.

Investing involves risk. The value of your investment will fluctuate, and you may gain or lose money.

The contents of the Platform may contain forward-looking statements that are based on management's beliefs, assumptions, current expectations, estimates, and projections about the financial industry, the economy, or Global Predictions itself. Forward-looking statements are not guarantees of the underlying expected actions or future performance and future results may differ significantly from those anticipated by the forward-looking statements. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements.

¹ Data as of July 2024.

² Availability of tax loss harvesting depends on portfolio diversity.

³ As of November 8, 2024. The optional Cash Sweep program takes the cash sitting in your brokerage account and moves it to an FDIC-insured interest-earning deposit account. The current yield is 1.0%, rates subject to change at any time. The cash sweep program is made available in coordination with Apex Clearing Corporation. Please read the Important Disclosures for more information.

⁴ This analysis calculator tool is for illustrative purposes only and is not financial advice. We do not guarantee the accuracy of the results or their relevance to your particular circumstances. This calculator uses hypothetical historical data and does not take into account the effect of taxes on a taxable account. Hypothetical historical data is no guarantee of future performance and this calculator is not intended to predict actual performance. The input of different time periods, amounts, and fees will vary calculator results. Average ETF fee is based on the AUM weighted average of US ETFs as of September 2024, see more information. Note that you can purchase ETFs through Double, which may incur additional fees.

Full pricing details along with an FAQ can be found here

Data displayed in charts and graphics above are for illustrative purposes only and do not reflect actual investment results and are not a guarantee of future results.

By using double.finance, you accept our and . Double is only available to US residents.

See Double Finance Form ADV Part IIA for additional information. Double does not guarantee that the results of its advice, recommendations, or the objectives of its direct index or cash management strategies will be achieved. We make no assurance that the investment process will consistently lead to successful investing. Before you invest, you should carefully review and consider your investment objectives as well as the risks, charges, and expenses of the underlying securities. There is at least a $1,000 account minimum required to participate in Double's strategies, although some strategies may have higher minimums.

Double does not provide tax, or legal advice. Double's website, brokerage, and advisory services are not intended for persons of any jurisdiction where Double is not authorized to do business. Tax savings will vary from client to client due to many factors including market conditions, tax characteristics of securities, client-imposed investment restrictions, client tax rate or status, and changes in tax regulations.