OTEX Stock Recent News

WATERLOO, ON , July 30, 2025 /PRNewswire/ -- OpenText™ (NASDAQ:OTEX), (TSX:OTEX) will join global cybersecurity leaders at Black Hat USA 2025 to showcase how organizations can protect identities, detect advanced threats, and respond with greater speed and precision. With threats growing in complexity, OpenText Cybersecurity will showcase how its AI-powered, end-to-end security portfolio helps enterprise customers reduce risk, streamline operations, and build long-term cyber resilience.

WATERLOO, ON , July 30, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the leading information management company, and TELUS, a world-leading communications technology company, today announced the launch of the OpenText and TELUS Canadian Sovereign Cloud. This offering empowers Canadian organizations and government agencies with access to enterprise-grade cloud computing and AI capabilities while ensuring complete data sovereignty — with every application, dataset, computation and network operation remaining securely within Canadian borders.

WATERLOO, ON , July 29, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), a global leader in information management, today announced significant enhancements to its Private Cloud offerings, designed to meet the growing demand for data sovereignty, regulatory compliance, and localized control in an increasingly complex digital economy. Global organizations need control of their applications, data and processing and need to eliminate dependencies on data residency laws, privacy regulations, and operational requirements that vary by country and region.

WATERLOO, ON , July 28, 2025 /PRNewswire/ -- Europcar Mobility Group is a leader in global mobility services leader with more than 75 years of expertise. Europcar manages a fleet of 280,000 vehicles around the globe and is now partnering with OpenText (NASDAQ/TSX: OTEX) to manage its evolving global E-Invoicing needs.

OpenText delivers trusted, business-ready AI solutions to help customers work smarter, move faster, and stay secure. WATERLOO, ON , July 22, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced today announced the launch of its Cloud Editions (CE) 25.3, a major release that redefines how organizations harness the power of AI, cloud, and cybersecurity to drive business outcomes.

Open Text's recent pullback offers an attractive valuation leading into Q4 earnings despite the company's Q3 revenue miss and lowered guidance. Open Text is aggressively pursuing AI-driven cost savings, aiming for up to $400 million in annualized expense reductions and improved bottom-line performance. The company trades at a steep discount to sector and direct competitors, with robust cash flows and a diversified Fortune 500-heavy customer base.

These three companies pay handsome dividends and also have AI exposure. They also don't come with nosebleed valuations.

I recommend a cautious buy, because of a relatively cheap valuation, expanding margins, and solid free cash flow generation. The company's leadership in its sector, coupled with effective cost controls, supports my positive outlook for continued earnings growth. Management's guidance for the next fiscal year is conservative, providing potential for upside surprises as macroeconomic conditions improve.

Fourth Quarter Fiscal Year 2025 Financial Results to be Released on Thursday, August 7, 2025 Company Reports Strong Preliminary Q4FY25 Revenue Expectations of  approximately US$1.31 Billion WATERLOO, ON , July 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) announced today that Chadwick Westlake will step down as EVP, Chief Financial Officer to assume the President & Chief Executive Officer role at his former employer, EQB, following the unexpected passing of its CEO. Mr. Westlake's departure will be effective August 15, 2025, post-completion of OpenText's fiscal year-end reporting.

Company expands Aviator strategy with the introduction of MyAviator, a Secure Personal AI Assistant WATERLOO, ON , July 8, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), continues to set the benchmark in Information Management with its AI-first strategy, leveraging agentic AI and its suite of Aviator solutions. By embedding AI-driven automation into diverse industry use cases, OpenText is redefining work by enabling organizations to bring Digital Knowledge Workers into their daily workflows to realize the benefits of complex multi-layered process automation.