Open Text Corp Stock Revenue

OTEX Stock  USD 29.45  0.27  0.93%   
Open Text Corp fundamentals help investors to digest information that contributes to Open Text's financial success or failures. It also enables traders to predict the movement of Open Stock. The fundamental analysis module provides a way to measure Open Text's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Open Text stock.
Last ReportedProjected for Next Year
Total Revenue5.8 B6.1 B
At this time, Open Text's Total Revenue is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 1.7 B in 2024, whereas Current Deferred Revenue is likely to drop slightly above 3 M in 2024.
  
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Open Text Corp Company Revenue Analysis

Open Text's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Revenue

 = 

Money Received

-

Discounts and Returns

More About Revenue | All Equity Analysis

Current Open Text Revenue

    
  5.77 B  
Most of Open Text's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Open Text Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Historical and Projected quarterly revenue of Open

Projected quarterly revenue analysis of Open Text Corp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Open Text match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Open Text's stock price.

Open Revenue Driver Correlations

Understanding the fundamental principles of building solid financial models for Open Text is extremely important. It helps to project a fair market value of Open Stock properly, considering its historical fundamentals such as Revenue. Since Open Text's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Open Text's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Open Text's interrelated accounts and indicators.

Open Revenue Historical Pattern

Today, most investors in Open Text Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Open Text's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Open Text revenue as a starting point in their analysis.
   Open Text Revenue   
       Timeline  
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition

Open Current Deferred Revenue

Current Deferred Revenue

3.01 Million

At this time, Open Text's Current Deferred Revenue is fairly stable compared to the past year.
Based on the latest financial disclosure, Open Text Corp reported 5.77 B of revenue. This is 41.56% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The revenue for all United States stocks is 38.85% higher than that of the company.

Open Revenue Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Open Text's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics of similar companies.
Open Text is currently under evaluation in revenue category among its peers.

Open Text ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.
Environmental
Governance
Social

Open Text Institutional Holders

Institutional Holdings refers to the ownership stake in Open Text that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Open Text's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Open Text's value.
Shares
Bank Of Montreal2024-06-30
4.4 M
Bmo Capital Markets Corp.2024-06-30
4.4 M
Letko, Brosseau & Associates Inc.2024-09-30
4.3 M
Guardian Capital Inc2024-09-30
3.9 M
Norges Bank2024-06-30
3.3 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.3 M
Amvescap Plc.2024-06-30
3.2 M
Clearbridge Advisors, Llc2024-06-30
M
1832 Asset Management L.p2024-09-30
2.8 M
Jarislowsky Fraser Ltd2024-09-30
16.6 M
Royal Bank Of Canada2024-06-30
13.6 M

Open Fundamentals

About Open Text Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Open Text Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Open Stock Analysis

When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.