La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Open Text a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Open Text..

Open Text (NASDAQ:OTEX) Azioni, Catena delle Opzioni

Open Text

Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.

Open Text Corp

UBS analyst Seth Gilbert initiates coverage on Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral rating and announces Price Target of $32.

News

Price Target

Initiation

Analyst Ratings

OTEX

UBS Initiates Coverage On Open Text with Neutral Rating, Announces Price Target of $32

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4305155-1&amp;h=1299058390&amp;u=https%3A%2F%2Fwww.opentext.com%2F&amp;a=OpenText%E2%84%A2">OpenText</a> today announced that the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4305155-1&amp;h=3912338766&amp;u=https%3A%2F%2Fwww.opentext.com%2Fpartners%2Ffind-an-opentext-partner&amp;a=OpenText+Partner+Network">OpenText Partner Network</a> now has expanded access to sell OpenText's entire portfolio of solutions for information management, including Content Services, Experience Management, Security, IT Operations Management, and Developer tools along with accelerants, such as cloud, artificial intelligence, automation and analytics.

OpenText Partner Network Now Has Expanded Access To Sell OpenText's Entire Portfolio Of Solutions For Information Management, Including Content Services, Experience Management, Security, It Operations Management, And Developer Tools Along With Accelerants, Such As Cloud, AI, Automation And Analytics

Barclays analyst Raimo Lenschow maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Equal-Weight and lowers the price target from $36 to $34.

Barclays Maintains Equal-Weight on Open Text, Lowers Price Target to $34

BMO Capital analyst Thanos Moschopoulos maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Market Perform and lowers the price target from $33 to $32.

BMO Capital Maintains Market Perform on Open Text, Lowers Price Target to $32

RBC Capital analyst Paul Treiber downgrades Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) from Outperform to Sector Perform and lowers the price target from $45 to $33.

Downgrades

RBC Capital Downgrades Open Text to Sector Perform, Lowers Price Target to $33

Scotiabank analyst Kevin Krishnaratne maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Sector Perform and lowers the price target from $40 to $35.

Scotiabank Maintains Sector Perform on Open Text, Lowers Price Target to $35

WIIM

Open Text shares are trading lower after the company reported worse-than-expected Q1 revenue results.

Earnings

Earnings Beats

Earnings Misses

Open Text Q1 2025 Adj. EPS $0.93 Beats $0.80 Estimate, Sales $1.269B Miss $1.282B Estimate

Citigroup analyst Steven Enders maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral and raises the price target from $32 to $34.

Citigroup Maintains Neutral on Open Text, Raises Price Target to $34

OpenText&#x2122; DevOps Aviator reduces manual testing time, boosts coverage, and accelerates development cycles, enhancing Pick n Pay's digital services
WATERLOO, Ontario, Aug. 12, 2024 /PRNewswire/ -- Pick n Pay Group, a leading retailer with over 1,650 stores across seven African countries, has partnered with <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4230389-1&amp;h=2184297777&amp;u=https%3A%2F%2Fwww.opentext.com%2F&amp;a=OpenText%E2%84%A2">OpenText&#x2122;</a>&nbsp;(NASDAQ:&nbsp;OTEX), (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#TSX">OTEX</a>) to supercharge its software testing processes. By leveraging generative-AI and private large language models (LLM), Pick n Pay has automated 95% of its software testing, cutting testing times by up to three days and significantly improving its digital services for ecommerce customers.

TSX:OTEX

Pick n Pay Group Has Partnered With OpenText; Has Automated 95% Of Its Software Testing, Cutting Testing Times By Up To 3-Days And Improving Its Digital Services For Ecommerce Customers

Barclays analyst Raimo Lenschow maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Equal-Weight and lowers the price target from $38 to $36.

Barclays Maintains Equal-Weight on Open Text, Lowers Price Target to $36

Open Text shares are trading lower after the company reported worse-than-expected Q4 financial results.

Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) reported quarterly earnings of $0.98 per share which missed the analyst consensus estimate of $1.01 by 2.97 percent. The company reported quarterly sales of $1.362 billion which missed the analyst consensus estimate of $1.404 billion by 3.02 percent. This is a 8.65 percent decrease over sales of $1.491 billion the same period last year.

Open Text Q4 2024 Adj. EPS $0.98 Misses $1.01 Estimate, Sales $1.362B Miss $1.404B Estimate

Investors in Open Text Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otex#NASDAQ">OTEX</a>) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $22.50 Call had some of the highest implied volatility of all equity options today.
<h3>What is Implied Volatility?</h3>
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
<h3>What do the Analysts Think?</h3>
Clearly, options traders are pricing in a big move for Open Text shares, but what is the fundamental picture for the company? Currently, Open Text is a Zacks Rank #3 (Hold) in the Computer - Software industry that ranks in the Bottom 32% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.08 per share to $1.05 in that period.
Given the way analysts feel about Open Text right now, this huge implied volatility could mean there&#39;s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
<a href="https://www.zacks.com/stock/news/2308002/is-the-options-market-predicting-a-spike-in-open-text-otex-stock?cid=CS-BENZ-FT-tale_of_the_tape|options-2308002">To read this article on Zacks.com click here.</a>

Options

Markets

Trading Ideas

Is the Options Market Predicting a Spike in Open Text Stock?

CIBC analyst Stephanie Price maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral and lowers the price target from $36 to $33.

CIBC Maintains Neutral on Open Text, Lowers Price Target to $33

Citigroup analyst Steven Enders maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral and lowers the price target from $37 to $32.

Citigroup Maintains Neutral on Open Text, Lowers Price Target to $32

CIBC analyst Stephanie Price maintains Open Text (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>) with a Neutral and lowers the price target from $38.5 to $36.

CIBC Maintains Neutral on Open Text, Lowers Price Target to $36

OpenText Achieves Full FedRAMP Authorization For Cloud For Government Solution; Enhances Federal Agencies' Citizen Experience With OpenText Extended ECM And AppWorks

Open Text Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>), (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#TSX">OTEX</a>), today announced that it has purchased Pillr, an MDR platform from Novacoast, Inc.
Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that includes Managed Detection and Response and powerful threat-hunting capabilities. This combination of Pillr technology and OpenText security expertise provides enhanced threat hunting, monitoring, and response for customers where skill gaps, skill shortages, and alert fatigue create a significant need today.
The acquisition accelerates OpenText's Cybersecurity product roadmap to offer key features including API integrations and product/pricing bundling for MSPs seeking a comprehensive solution to protect, detect and respond to cybersecurity threats.

OpenText Has Purchased Pillr, An MDR Platform From Novacoast; Financial Terms Not Disclosed

Open Text Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#NASDAQ">OTEX</a>), (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OTEX#TSX">OTEX</a>) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due 2030.

Financing

OpenText Completes $2B Debt Reduction

OpenText (OTEX) announced a strategic partnership with Secure Code Warrior to integrate its dynamic learning platform into the OpenText Fortify app...

OpenText announces strategic partnership with Secure Code Warrior

Open Text Corporation (OTEX) Barclays 22nd Annual Global Technology Conference (Transcript)

Dividend Champion, Contender, And Challenger Highlights: Week Of December 15

UBS initiated coverage of OpenText (OTEX) with a Neutral rating and $32 price target While the company's customer satisfaction appears high with cu...

OpenText initiated with a Neutral at UBS

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need...

Tesla upgraded, MongoDB initiated: Wall Street's top analyst calls

The software industry is poised for continued expansion with the rapid pace of digital transformation across all industries. Amid this backdrop, it could be wise to invest in mid-cap software stocks, such as Open Text Corp (OTEX), Tenable Holdings (TENB), and Commvault Systems (CVLT), with significant upside potential. Continue reading… Technology has become an essential component of an organization's digital strategy, and the transition to public cloud services has resulted in revenue stability. Customer and employee experience, data-driven decision-making, and automation are three major themes driving the software market.
Thus, investors could consider investing in fundamentally sound mid-cap software stocks: Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>), Tenable Holdings, Inc. (<a href="https://stocknews.com/stock/TENB/">TENB</a>), and Commvault Systems, Inc. (<a href="https://stocknews.com/stock/CVLT/">CVLT</a>), with significant upside potential.
Businesses rely on software solutions to streamline operations, improve customer experiences, obtain data-driven insights, and safeguard their systems as they adapt to and compete in the dynamic digital landscape. The U.S. software market is estimated to grow at a <a href="https://www.marknteladvisors.com/research-library/us-software-market.html">CAGR of 7.2%</a> by 2024.
<a href="https://www.businesswire.com/news/home/20241104858331/en/Application-Software-Market-Research-Report-2024-2030-with-Analyst-Recommendations---Embrace-and-Lead-in-Innovation-Optimize-Pricing-Models---ResearchAndMarkets.com">Artificial intelligence (AI) and Machine Learning (ML)</a> are also playing a transformative role in the application software market. AI-powered applications are increasingly integrated into business processes to automate tasks, enhance decision-making, and deliver personalized experiences. 
Considering these factors, let's take a look at the fundamentals of the three software stock picks.
Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>)
Valued at $7.57 billion by market cap, OTEX engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture, as well as records management, collaboration, e-signatures, and archiving.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, OTEX's 27.78% is 167.7% higher than the 10.38% industry average. Likewise, its 76.56% trailing-12-month gross profit margin is 50.2% higher than the 50.98% industry average. Its 18.45% trailing-12-month EBIT margin is 242.9% higher than the 5.38% industry average.
In terms of forward non-GAAP P/E, OTEX is trading at 7.74x, 69.5% lower than the industry average of 25.36x. Likewise, the stock's forward Price/Sales multiple of 1.40 is 57.1% lower than the industry average of 3.25. Also, its forward EV/EBITDA of 7.32x is 52.6% lower than the industry average of 15.46x.
OTEX's cloud services and subscriptions for the fiscal first quarter that ended on September 30, 2024, rose 1.3% year-over-year to $457 million. Similarly, the company's net income and EPS are at $84 million and $0.32 per share, up 4.3% and 6.7% over the prior-year quarter, respectively.
Street expects OTEX's EPS and revenue for the year ending June 30, 2024, to increase 13.6% and 2.4% year-over-year to $4.15 and $5.44 billion, respectively. It surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock has gained marginally intraday to close the last trading session at $28.42.
Based on seven Wall Street analysts offering 12-month price targets for OTEX in the last three months, <a href="https://www.tipranks.com/stocks/otex/forecast">the average target price is $34.71</a>, indicating a 22.1% change from the last price, with a high forecast of $38 and a low forecast of $32.
OTEX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
It has an A grade for Value and a B for Growth. It is ranked #16 out of 125 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
Beyond what is stated above, we've also rated OTEX for Stability, Momentum, Sentiment, and Quality. Get all OTEX ratings <a href="https://stocknews.com/stock/OTEX/">here</a>.
Tenable Holdings, Inc. (<a href="https://stocknews.com/stock/TENB/">TENB</a>)
Valued at $4.72 billion by market cap, TENB provides cyber exposure solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management and Tenable Cloud Security.
TENB's 77.55% trailing-12-month gross profit margin is 52.1% higher than the 50.98% industry average. Its 21.70% trailing-12-month levered FCF margin is 91.9% higher than the 11.31% industry average.
During the fiscal third quarter that ended September 30, 2024, TENB's revenue increased 13% year-over-year to $227.09 million. Its gross profit grew 2.4% from the year-ago value to $176.59 million. In addition, the company's non-GAAP net income and non-GAAP net income per share came in at $39.32 million and $0.32, up 42.1% and 39.1% over the prior-year quarter, respectively.
Street expects TENB's revenue for the fiscal fourth quarter (ending December 31, 2024) to increase 8.7% year-over-year to $231.81 million. Its EPS for the same quarter is expected to increase 37.8% year-over-year to $0.34. It surpassed Street's revenue and EPS estimates in all of the trailing four quarters, which is impressive.
Over the past three months, the stock has plunged 3% to close the last trading session at $39.29.
Based on 14 Wall Street analysts offering 12-month price targets for TENB in the last three months, <a href="https://www.tipranks.com/stocks/tenb/forecast">the average target price is $49.50</a>, indicating a 26% change from the last price, with a high forecast of $55 and a low forecast of $44.
TENB's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has an A grade for Growth. TENB is ranked #4 out of 20 stocks in the B -rated <a href="https://stocknews.com/category/software-security/">Software - Security</a> industry.
<a href="https://stocknews.com/stock/TENB/">Click here</a> to access the additional TENB ratings (Value, Quality, Sentiment, Momentum, and Stability).
Commvault Systems, Inc. (<a href="https://stocknews.com/stock/CVLT/">CVLT</a>)
Valued at $6.61 billion by market cap, CVLT provides a platform that enhances cyber resiliency by protecting the data in the United States and internationally. The company offers Operational Recovery and Autonomous Recovery.
CVLT's 80.09% trailing-12-month gross profit margin is 61% higher than the 50.98% industry average. Its 9.64% trailing-12-month EBIT margin is 79.1% higher than the 5.38% industry average.
In terms of forward non-GAAP P/E, CVLT is trading at 44.77x, 76.1% lower than the industry average of 25.42x. Likewise, the stock's forward Price/Sales multiple of 7.04 is 116.6% lower than the industry average of 3.25. Also, its forward EV/EBITDA of 31.28x is 101% lower than the industry average of 15.56x.
In the fiscal second quarter ended September 30, 2024, CVLT's total revenues reached $233.28 million, up 7.8% year-over-year. Moreover, net income and net income per share stood at $ 15.57 million and $0.35, respectively, representing increases of 15.1% and 13.9% over the prior-year quarter.
Street expects CVLT's revenue and EPS for the third quarter ending December 31, 2024, to increase 13.4% and 12.1% year-over-year to $245.81 million and $ 0.87, respectively. It surpassed Street revenue and EPS estimates in all of the trailing four quarters.
Over the past year, the stock has gained 89.3% to close the last trading session at $151.19.
Based on five Wall Street analysts offering 12-month price targets for TENB in the last three months, <a href="https://www.tipranks.com/stocks/cvlt/forecast">the average target price is $175.50</a>, indicating a 16.1% change from the last price, with a high forecast of $200 and a low forecast of $140.
CVLT's POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
The stock has an A grade for Quality. CVLT is ranked #18 out of 125 stocks in the B-rated <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
In addition to the POWR Ratings highlighted above, one can access CVLT's ratings (Momentum, Growth, Value, Stability, and Sentiment) <a href="https://stocknews.com/stock/CVLT/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
OTEX shares were trading at $28.25 per share on Tuesday afternoon, down $0.17 (-0.60%). Year-to-date, OTEX has declined -29.97%, versus a 24.71% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/otex-tenb-cvlt-3-mid-cap-software-stocks-with-massive-upside-in-2025/>3 Mid-Cap Software Stocks With Massive Upside in 2025</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Mid-Cap Software Stocks With Massive Upside in 2025

The growing need for advanced software to accelerate business automation worldwide drives the software industry's growth, further supported by continuous technological developments. Thus, it could be the right time to invest in solid software stocks such as Salesforce (CRM), Open Text (OTEX), and Progress Software (PRGS), which are revolutionizing business automation for substantial gains. Keep reading... Business automation has become a necessity for companies in today's complex and rapidly changing environment. Companies require efficient solutions to improve their workflow and enhance their capabilities, and the latest software is able to provide the same. This has led to a rapid demand for advanced software, and the demand will grow further in the future.
Amid this backdrop, it could be wise to add quality software stocks: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>), Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>), and Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>), which are revolutionizing business automation.
Businesses are increasingly investing in the latest software applications to accelerate business automation in order to improve their workflow operations, enhance capabilities, and maintain a competitive position in the industry. The surging demand has resulted in rapid advancements and innovations in software and technologies, offering lucrative opportunities for software companies.
From cost savings to real-time, data-driven decisions and improved customer services, <a href="https://www.blueprism.com/resources/blog/the-future-of-business-process-automation-trends/">business automation</a> offers a variety of benefits to companies. Further, integration with artificial intelligence (AI), automation, and other tools improves efficiency and enables digital transformation to keep up with the fast-paced world.
These trends have directly impacted the growth trajectory of the global application development software market. In recent times, the adoption of digitalization across businesses and the rising demand for software applications to simplify and accelerate operations have propelled the market growth.
The global application development software market is projected to reach around $862.67 billion by 2028, exhibiting growth at a <a href="https://www.grandviewresearch.com/industry-analysis/application-development-software-market-report">CAGR of 22.8%</a>. Demand for cloud computing, cloud storage solutions, increasing investments, and the evolution of technologies are driving market demand.
With these encouraging trends in mind, let's delve into the fundamentals of the three <a href="https://stocknews.com/category/software-application/">Software - Application</a> stock picks, beginning with the third choice.
Stock #3: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management (CRM) technology that brings companies and customers together globally. Its service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices.
On December 17, CRM introduced Agentforce 2.0, the newest version of Agentforce, the first digital labor platform for enterprises. The platform is a complete AI system for augmenting teams with trusted, autonomous AI agents in the flow of work. The new advances allow entities to scale their workforce with customized agents capable of handling complex with even more precision and accuracy.
On November 20, CRM announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale. It allows teams to test Agentforce with synthetically generated data, ensuring accurate responses and actions, with complete monitoring of usage and feedback.
CRM reported total <a href="https://www.investopedia.com/terms/r/revenue.asp">revenues</a> of $9.44 billion during the third quarter, which ended October 31, 2024, up 8.3% from the prior year's quarter. Its gross profit grew 11.8% from the year-ago value to $7.34 billion. Also, CRM's non-GAAP income from operations of $3.12 billion reflects a 14.9% increase from the previous year period.
In addition, the company's non-GAAP net income amounted to $2.32 billion and $2.41 per share, indicating growth of 12.2% and 14.2% year-over-year, respectively.
According to the company's guidance for the fourth quarter, CRM expects revenue in the range of $9.90 billion and $10.10 billion, up 7% - 9% year-over-year.
Also, for the fiscal year 2025, the company raised its low-end revenue guidance between $37.8 billion and $38 billion, up 8% - 9% from the prior year. It has also raised its operating cash flow growth to a range of 24% to 26%.
Analysts expect CRM's revenue and EPS for the fourth quarter (ending January 2025) to increase 8.1% and 14.2% year-over-year to $10.04 billion and $2.61, respectively. Moreover, the company surpassed the consensus revenue and EPS estimates in three of the trailing four quarters.
CRM's stock has surged 27% over the past six months and 25.3% over the past year to close the last trading session at $326.90.
CRM's robust outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Quality. It is ranked #20 out of 125 stocks in the B-rated <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
<a href="https://stocknews.com/stock/CRM/">Click here</a> to access additional CRM ratings for Value, Sentiment, Stability, Momentum, and Growth.
Stock #2: Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>)
Headquartered in Waterloo, Canada, OTEX is engaged in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture, as well as records management, collaboration, e-signatures, and archiving.
On December 5, OTEX announced a strategic partnership with Secure Code Warrior to integrate its dynamic learning platform into the OpenText Fortify application security product suite. The strategic partnership will allow developers to improve their secure coding skills through real-time training to reduce risks, quickly identify and resolve vulnerabilities, and ultimately build greater trust with customers.
On November 19, OTEX unveiled Cloud Editions 24.4. The next-generation cloud, security, and AI-integrated innovations aim to deliver secure, AI-integrated solutions to strengthen data connectivity, streamline workflows, and enhance human potential. The system addresses the needs of forward-thinking CIOs and business leaders navigating multi-cloud environments.
Also, on the same date, the company announced a new Partner Enterprise Learning Subscription. The subscription gives partners the ability to build the needed skills at scale. It helps customers verify that their partner has relevant product-related skills, giving them confidence in their choice of partner.
During the first quarter that ended September 30, 2024, OTEX reported total revenues of $1.27 billion, of which its Cloud services and subscriptions grew 1.3% year-over-year to $457.02 million. Its gross profit was $910.36 million, and adjusted EBITDA was $443.80 million for the quarter.
Also, net income and EPS attributable to OpenText stood at $84.37 million and $0.32, up 4.3% and 6.7% from the prior year's quarter, respectively.
For the fiscal year (ending June 2026), OTEX's revenue is expected to increase 2.4% year-over-year to $5.44 billion, while its EPS is expected to improve 13.6% year-over-year to $4.15. Moreover, it has surpassed the consensus EPS estimate in three of the trailing four quarters.
Shares of OTEX have slumped 9.8% over the past month to close the last trading session at $27.87.
OTEX's POWR Ratings reflect its promising prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Value and B for Growth. OTEX is ranked #16 of 125 stocks within the B-rated Software Application industry.
To see additional POWR Ratings of OTEX for Momentum, Quality, Sentiment, and Stability, <a href="https://stocknews.com/stock/OTEX/">Click here</a>.
Stock #1: Progress Software Corporation (<a href="https://stocknews.com/stock/PRGS/">PRGS</a>)
PRGS develops, deploys, and manages business applications internationally. The company offers OpenEdge, Chef, Developer Tools, Kemp LoadMaster, and Sitefinity. It also provides MOVEit, DataDirect, WhatsUp Gold, Flowmon, Corticon, MarkLogic, and Semaphore.
On December 19, PRGS announced its partnership with the American Institute of CPAs (AICPA), the world's largest member association representing the CPA profession. PRGS' Progress&#xAE; ShareFile&#xAE;, the SaaS-native, AI-powered, document-centric collaboration platform, has become the only document workflow and secure file-sharing solution in the AICPA Member Discount Program.
On November 21, PRGS released new powerful capabilities and enhancements in Progress&#xAE; Sitefinity&#xAE;. With the release, Sitefinity introduced native support for Next.js, a React framework, allowing organizations to leverage one of the fastest-growing frontend frameworks for developers to create modern, state-of-the-art digital experiences.
Also, on October 31, PRGS completed the acquisition of ShareFile, a Cloud Software Group, Inc. business unit, offering a SaaS-native, AI-powered, document-centric collaboration platform, emphasizing industry segments including business and professional services, financial services, industrial, and healthcare.
For the third quarter that ended August 31, 2024, PRGS' revenue increased 2.1% year-over-year to $178.69 million. Its non-GAAP income from operations grew 8.4% from the year-ago value to $74.12 million. The company's non-GAAP net income and EPS came in at $55.22 million and $1.26, up 13.3% and 16.7% from the prior year's quarter, respectively.
As per the updated business outlook for 2024, PRGS expects non-GAAP of $745 million - $755 million. The company expects non-GAAP EPS between $4.75 and $4.85.
Street expects PRGS' revenue and EPS for the fourth quarter (ended November 2024) to increase 19.1% and 19.3% year-over-year to $211.34 million and $1.22, respectively. Also, the company surpassed the consensus revenue and EPS estimates for all of the trailing four quarters, which is impressive.
PRGS' shares have gained 16.5% over the past six months and 18.9% over the past year to close the last trading session at $63.33.
PRGS' sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality. It also has a B grade for Growth and Value. Within the same industry, PRGS is ranked #3 of 125 stocks.
In addition to the POWR Ratings we've stated above, we also have PRGS ratings for Momentum, Stability, and Sentiment. Get all PRGS ratings <a href="https://stocknews.com/stock/PRGS/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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CRM shares were trading at $317.36 per share on Friday afternoon, down $9.54 (-2.92%). Year-to-date, CRM has declined -5.08%, versus a -1.19% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/crm-otex-prgs-3-software-stocks-revolutionizing-business-automation/>3 Software Stocks Revolutionizing Business Automation</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Software Stocks Revolutionizing Business Automation

The tech industry is anticipated to be bolstered by the increased demand for digital solutions across diverse industries. Amid this, let's compare tech stocks Open Text Corp (OTEX) and International Business Machines (IBM) to analyze which stock offers greater value. Read on to find out… As digital transformation projects proliferate throughout many industries, there is an increasing need for custom software solutions to meet particular company requirements. Therefore, the application development software market is projected to grow at a <a href="https://www.verifiedmarketresearch.com/product/application-development-software-market/">CAGR of 14.7% by 2030</a>.
Additionally, the growing popularity of cloud-based software and rising concern to automate business processes are continuously increasing the demand for IT services worldwide. Cloud-based IT services have been experiencing rapid growth among SMEs since 2022 and are expected to capture more than <a href="https://www.industryarc.com/Research/IT-Services-Market-Research-501180">80% of the market share by 2025</a>.
Against this backdrop, let's compare two software stocks to analyze which stock offers greater value: Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>) and International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>).
The Case for Open Text Corporation Stock
With a $7.23 billion market cap, Open Text Corporation (<a href="https://stocknews.com/stock/OTEX/">OTEX</a>) engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture, as well as records management, collaboration, e-signatures, and archiving.
OTEX's stock has plunged 19.6% over the past three months to close the last trading session at $27.19.
In terms of forward non-GAAP <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E</a>, OTEX is trading at 7.43x, 69.7% lower than the industry average of 24.56x. Likewise, the stock's forward Price/Sales multiple of 1.34 is 57.2% lower than the industry average of 3.14. Also, its forward EV/EBITDA of 7.16x is 53.3% lower than the industry average of 15.32x.
OTEX's cloud services and subscriptions for the fiscal first quarter that ended on September 30, 2024, rose 1.3% year-over-year to $457 million. Similarly, the company's net income and EPS are at $84 million and $0.32 per share, up 4.3% and 6.7% over the prior-year quarter, respectively.
Street expects OTEX's EPS and revenue for the year ending June 30, 2024, to increase 13.6% and 2.4% year-over-year to $4.15 and $5.44 billion, respectively. It surpassed the consensus EPS estimates in three of the trailing four quarters.
OTEX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has an A grade for Value and a B for Growth. OTEX is ranked #16 out of 125 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
In addition to the POWR Ratings I've just highlighted, you can see OTEX's ratings for Momentum, Stability, Quality, and Sentiment <a href="https://stocknews.com/stock/OTEX/">here</a>.
The Case for International Business Machines Corporation Stock
Valued at $201.02 billion by market cap, International Business Machines Corporation (<a href="https://stocknews.com/stock/IBM/">IBM</a>) is engaged in addressing the hybrid cloud and Artificial Intelligence (AI) opportunity with a platform-centric approach focused on providing client value through a combination of technology and business expertise. It operates through four segments: Software; Consulting; Infrastructure; and Financing. 
Shares of IBM have surged 18.9% over the past six months but declined 6.8% over the three months to close the last trading session at $217.40.
In terms of forward non-GAAP P/E, IBM is trading at 21.28x, 13.3% lower than the industry average of 24.56x. However, the stock's forward Price/Sales multiple of 3.20 is 2.1% higher than the industry average of 3.14.
IBM's revenue for the third quarter (ended September 30, 2024) increased marginally year-over-year to $14.97 billion. It reported a gross profit of $8.42 billion, indicating a 4.9% growth from the year-ago value.
Its adjusted EBITDA for the quarter rose 8.6% year-over-year to $3.8 billion. In addition, the company's non-GAAP income from continuing operations increased 6.1% year-over-year to $2.16 billion, while its non-GAAP EPS from continuing operations grew 4.5% from the prior year's quarter to $2.30.
Analysts expect IBM's revenue for the fiscal year (ended December 2024) to grow marginally year-over-year to $62.82 billion, while its EPS for the same period is expected to increase 6.2% year-over-year to $10.21.
IBM's fundamentals are reflected in its POWR Ratings. The stock has an overall C rating, translating to Neutral in our proprietary rating system.
IBM has a C grade for Value, Sentiment, and Stability. It is ranked #35 out of 79 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
<a href="https://stocknews.com/stock/IBM/">Click here</a> for the additional POWR Ratings for IBM (Growth, Momentum, and Quality).
Open Text vs.International Business Machines: Which Software Stock Offers Greater Value?
The U.S. software industry is expected to continue its growth, driven by strong demand for cloud computing, AI, and cybersecurity solutions. Increased digital transformation across various sectors will further bolster industry expansion.
Leading software companies OTEX and IBM stand to capitalize on the optimistic industry outlook. However, OTEX's lower valuation might make it the better software stock pick.
Our research shows that the odds of success increase when one invests in stocks with an Overall Rating of Strong Buy or Buy. View all the top-rated stocks in the Software - Application industry <a href="https://stocknews.com/category/software-application/">here</a> and the Technology - Services industry <a href="https://stocknews.com/category/technology-services/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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IBM shares were trading at $217.48 per share on Tuesday afternoon, up $0.08 (+0.04%). Year-to-date, IBM has declined -1.07%, versus a -0.42% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/ibm-otex-open-text-vs-international-business-machines-which-technology-stock-offers/>Open Text vs. International Business Machines: Which Technology Stock Offers Greater Value?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Open Text vs. International Business Machines: Which Technology Stock Offers Greater Value?

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Press Releases

OpenText Cybersecurity Unveils 2024's Nastiest Malware: Ransomware Threats Escalate Against Critical Infrastructure

OpenText to Elevate Human Potential with Robust AI Masterclasses at OpenText World 2024

OpenText World 2024 Unites Industry Leaders to Tackle AI and Information Management

OpenText Expands Partner Ecosystem access across Full OpenText Product Suite

OpenText Launches New Partner Enterprise Learning Subscription

OpenText Makes Multi-Cloud Work with Cloud Editions 24.4

General

Sonatype and OpenText Partner to Provide Integrated Vulnerability Management Platform for Open Source and Custom Code

OpenText Appoints Fletcher Previn to Board of Directors

OpenText Partners with Secure Code Warrior to Deliver Comprehensive Application Security and Customized Developer Risk Management

OpenText to Report Second Quarter Fiscal Year 2025 Financial Results on Thursday, February 6, 2025

Barclays

BMO Capital

RBC Capital

Scotiabank

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