Open Text Corp Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
11analysts covering
FY EPS (est.)
$3.90next fiscal year
Monitoring Framework
Key Performance Indicators
Annual Recurring Revenue (ARR) Quarterly1.1BTarget: Sustained growth through cloud migration and core product expansion
Cloud Revenues Quarterly493MTarget: Double recurring cloud revenue over the next 18 months
Enterprise Cloud Bookings Quarterly196MTarget: Double-digit year-over-year growth
Cloud Net Renewal Rate Quarterly95.0%Target: Maintain or exceed 95%
Watch Items
- Organic Revenue Growth PressuresTrigger: Stagnant or negative organic revenue growth below consensus expectationsAction: Accelerate cloud migration initiatives, leverage the library of 1,500 data connectors, and expand agentic AI offerings to drive business transformation.
- Debt Leverage and Deleveraging ProgressTrigger: Net debt/EBITDA leverage ratio remaining above 2.5xAction: Deploy net proceeds from strategic divestitures (such as the $150 million Vertica sale and $163 million eDOCS sale) to pay down outstanding debt.
- AI Ecosystem Disruption and SaaS Model TransitionTrigger: Sustained margin pressure or customer churn due to AI disruption to traditional SaaS modelsAction: Expand sovereign AI-powered solutions, integrate agentic AI systems, and execute the Business Optimization Plan to protect operating margins.
Research as of 19 Jun 2026