OTEX · NASDAQ · STOCK
Open Text Corporation
$23.96
52W $19.78 – $39.90
49/100
$5.82B
5.3
1.04
Is OTEX Bullish or Bearish?
Mixed.
Innellis AI committee rates Open Text Corporation (OTEX) Watch with a composite score of 49/100
, based on 6 analysts with 33% agreement.
Last updated August 11, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +10.93 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -9.07 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Growth Analyst remains cautious — revenue declining -0.2% yoy -- this is not a growth story right now. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- P/E of 11.7 is inexpensive for the broad market — Value
- Dividend yield of 3.9% pays you to wait — Value
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- Market regime is bullish (Bull market -- normal position sizing) — Macro
Bear Case
- Debt-to-equity of 1.62 adds balance-sheet risk to the value case — Value
- Revenue declining -0.2% YoY -- this is not a growth story right now — Growth
- EPS declining -16.1% YoY despite any revenue growth — Growth
- MACD histogram negative -- bearish momentum — Technical
- High leverage (debt-to-equity 1.62) amplifies downside in a stress scenario — Risk
- Current ratio of 0.80 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 11, 2026
Overall Committee Score
49/100
Agreement
33%
Analysts
6
Conviction
Contested
Sector Rank
Top 98%
of 284 Technology peers
Value Analyst
neutral
57
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ P/E of 11.7 is inexpensive for the broad market
− Debt-to-equity of 1.62 adds balance-sheet risk to the value case
Growth Analyst
bearish
18
/ 100 · Moderate confidence
Growth story is weak, decelerating, or inconsistent
− Revenue declining -0.2% YoY -- this is not a growth story right now
Technical Analyst
neutral
48
/ 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst
bearish
33
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 1.62) amplifies downside in a stress scenario
Macro Analyst
bullish
78
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
61
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Technical Analysis
RSI (14)
40.1
Neutral
MACD Histogram
-0.063
Bearish Momentum
Trend Direction
Sideways
Weekly: Downtrend
Market Structure
Mixed
Support
$22.81
Resistance
$25.64
Bollinger %B
0.46
Inside Bands
Price vs Moving Averages
EMA 9
$24.86
Below
EMA 21
$24.34
Below
EMA 50
$23.66
Above
EMA 200
$25.61
Below
Fundamental Analysis
Valuation
100
Profitability
73
Financial Health
50
Cash Flow
70
Valuation
P/E Ratio
5.3×
P/B Ratio
1.49×
PEG Ratio
0.03
Dividend Yield
4.59%
52W High
$39.90
52W Low
$19.78
Quality & Growth
ROE
1601.9%
ROA
490.6%
Gross Margin
7355.2%
Operating Margin
2099.1%
Revenue Growth YoY
—
Debt / Equity
0.06
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 5.3 (inexpensive relative to a 15-40x range); Price-to-book of 1.5x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 16.0%; Return on assets of 4.9%; Net margin of 12.4%; Gross margin of 73.6%; Current ratio of 0.81 (tight short-term liquidity); Debt-to-equity of 0.06; Free cash flow per share is positive (5.98); Earnings-history trend unavailable; growth based on TTM year-over-year only.
Get the Full OTEX Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →