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Stocks showing improved relative strength: Open Text
Open Text earns the No. 7 rank among its peers in the Computer Software-Database industry group. MongoDB MDB, Confluent CFLT and NetScout Systems NTCT are among the top 5 highly rated stocks within ...
Open Text's (NASDAQ:OTEX) stock fell about 2% on Friday after RBC Capital Markets downgraded the shares to Sector Perform from Outperform following the company's fiscal 2025 first quarter results. The ...
CEO Mark Barrenechea highlighted the company’s focus on AI as a transformative strategy, introducing Aviator, a new AI platform designed to enhance productivity through digital workers. He indicated ...
Jefferies downgraded Open Text's (NASDAQ:OTEX) rating to Hold from Buy noting that the company is entering a new transition phase. The firm also decreased the price target to $33 from $35. On Monday, ...
Open Text (OTEX) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.01 per share a year ago. These figures ...
Shares of Open Text Corp. rallied Wednesday after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million ...
Open Text (OTEX) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.24 per share a year ago. These figures ...
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