Open Text Corporation, a Canadian enterprise software company, is rated Buy as its shares trade at a significant discount compared to historical and sector averages. The company saw cloud bookings grow by 22.5% in fiscal 2026 and 24.1% in Q4, driven mainly by new customer engagements rather than migrations. Management is focusing on growth by increasing sales investments, accepting short-term margin and cash flow pressures to boost organic expansion. Risks include a large debt load and a shrinking legacy portfolio, but improved commercial strategies and AI partnerships support a positive recovery outlook.
Open Text Corporation shares trade at USD 22.41 on Pluang as of Oct 01, 2026 10:52 WIB, showing a modest gain of 0.45% for the day. Despite the company’s significant debt and shrinking legacy portfolio mentioned in the news, its enterprise value stands at $10.42 billion with a dividend yield of 5.02%. The stock’s current price remains well below its 52-week high of $39.69, reflecting ongoing market caution.
