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Open Text ( (TSE:OTEX) ) has issued an update.
On October 6, 2025, OpenText announced the appointment of George Schindler to its board of directors. Schindler, who previously served as President and CEO of CGI Inc., brings a wealth of experience in driving growth and creating shareholder value. His appointment is expected to enhance OpenText’s focus on its core Information Management for AI business, potentially strengthening its market position and offering valuable perspectives to the board.
The most recent analyst rating on (TSE:OTEX) stock is a Buy with a C$50.00 price target. To see the full list of analyst forecasts on Open Text stock, see the TSE:OTEX Stock Forecast page.
Spark’s Take on TSE:OTEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:OTEX is a Outperform.
Open Text’s overall stock score is driven by a positive earnings call outlook and strong technical indicators. While financial performance shows some challenges, the company’s strategic initiatives in AI and cloud, along with reasonable valuation metrics, support a favorable investment case.
To see Spark’s full report on TSE:OTEX stock, click here.
More about Open Text
OpenText is a leading Cloud and AI company that provides organizations worldwide with a comprehensive suite of Business AI, Business Clouds, and Business Technology. The company focuses on helping organizations grow, innovate, and enhance efficiency through trusted and secure Information Management solutions.
YTD Price Performance: 33.86%
Average Trading Volume: 1,085,526
Technical Sentiment Signal: Buy
Current Market Cap: C$13.47B
For a thorough assessment of OTEX stock, go to TipRanks’ Stock Analysis page.