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The latest update is out from Open Text ( (TSE:OTEX) ).
On July 9, 2025, OpenText announced that Chadwick Westlake will step down as EVP, Chief Financial Officer effective August 15, 2025, to become the CEO at EQB following the unexpected passing of its CEO. Cosmin Balota will serve as interim CFO while a search for a permanent replacement is conducted. OpenText also reported strong preliminary fourth quarter fiscal year 2025 revenue expectations of approximately US$1.31 billion, with full financial results to be released on August 7, 2025.
The most recent analyst rating on (TSE:OTEX) stock is a Hold with a C$33.00 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 reflects strong financial performance and reasonable valuation, supported by robust revenue growth and profitability. Technical analysis indicates positive trends, though caution is advised due to overbought signals. The earnings call presents a mixed outlook with promising strategic initiatives but immediate challenges from macroeconomic factors.
To see Spark’s full report on TSE:OTEX stock, click here.
More about Open Text
OpenText is the leading Information Management software and services company globally, offering a comprehensive suite of Business Clouds, Business AI, and Business Technology solutions to help organizations solve complex global problems.
Average Trading Volume: 842,286
Technical Sentiment Signal: Hold
Current Market Cap: C$10.57B
See more data about OTEX stock on TipRanks’ Stock Analysis page.