Added to YB: 2026-06-10
Pitch date: 2026-04-13
OTEX [bullish]
Open Text Corporation
+0.86%
current return
Author Info
No bio for this author
Company Info
Open Text Corporation designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.
Market Cap
$5.5B
Pitch Price
$21.97
Price Target
55.00 (+148%)
Dividend
4.88%
EV/EBITDA
6.46
P/E
11.03
EV/Sales
2.04
Sector
Software
Category
turnaround
Open Text Corporation - $OTEX
OTEX: Enterprise info mgmt leader at decade-low EV/EBITDA, ~18% FCF yield (>$4/share). Activist-like Board turnaround: new IBM CEO, 5 new directors, 4% RIF, divesting 15-20% non-core rev (post-MF misstep) to lift organic growth to LSD-MSD. PT $55, 100%+ upside on re-rate to 10x+ EBITDA. Risks: AI disruption, IT budget pressure.
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