Open Text after marked slide, shares trade near 52-week low

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 18:04.

Open Text Corp (US68902V1070) remains under pressure on the NASDAQ. On June 22, 2026, the shares closed at 20.02 US dollars after a 3.3 percent decline, according to a GuruFocus market comment.GuruFocus analysis on OTEX

What the recent decline shows

GuruFocus notes that Open Text shares have fallen 37.2 percent year-to-date and 25.2 percent over the past twelve months, significantly underperforming many large software peers such as Microsoft and Oracle.GuruFocus analysis on OTEX The stock has traded in a 52-week range between 19.78 and 39.90 dollars, placing the latest close just above the low end of that corridor.

Despite the weak price performance, GuruFocus assigns Open Text a GF Score of 82 out of 100, which it describes as a strong overall rating based on profitability, growth, and financial strength metrics.GuruFocus analysis on OTEX The same analysis estimates a GF Value of 32.04 dollars, implying the shares trade at roughly a 37.5 percent discount to this fair value estimate at 20.02 dollars.

Consensus signals a Hold stance

MarketBeat tracks two Wall Street analysts covering Open Text over the past 12 months, both with a Hold recommendation, resulting in a consensus rating of Hold for the stock.MarketBeat Open Text analyst overview The average 12-month price target compiled by MarketBeat stands at 28.34 Canadian dollars as of June 22, 2026.

At that level, the consensus target sits materially above the current Toronto listing price implied by the recent decline, while the Hold stance underlines a cautious view rather than a clear bullish or bearish call from the analyst community.MarketBeat Open Text analyst overview Open Text is listed on the NASDAQ in the United States under the ticker OTEX and also trades on the Toronto Stock Exchange, giving it exposure to both US and Canadian investor bases.

The business behind the stock

Open Text generates most of its revenue from information management software and related cloud services for enterprises worldwide, focusing on secure data management, content services, and business process automation.G2 company profile on OpenText The company offers a portfolio that spans Business AI, Business Clouds, and Business Technology, positioning itself as a provider of secure information management platforms for regulated industries.

Where the shares trade today

Open Text shares (US68902V1070) last traded on the NASDAQ on 2026-06-22 at 20.02 US dollars, according to GuruFocus, corresponding to a market price close to the 52-week low of 19.78 dollars.GuruFocus analysis on OTEX

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. All data are based on sources deemed reliable but cannot be guaranteed.