There is a reason why the stock is holding up.. acquisition imminent DYOR
21 replies (most recent on top)
Maybe a Sandy Ono infomercial will boost the stock at kickoff.
Thankyou all just made 10x lol see ya
@z5 he needs to complete Barrenechea GPT where employees in Centers of Excellence go an look up the answers in Chat GPT and reply making it look like an awesome OT product. Maybe he is looking to get acquired by DeepSeek by 2030 and be a Chinese company vs Canadian.
@z5 Noooooooooooooooooooooooooooooooooooooooo
@r9 Rumour going round that Marc got 4 more years here
This is a good thing. Someone posting this kind of text indicates that certain higher-ups have already noticed the news here. Keep posting to pi-s them off.
@vp Stop posting ChatGPT slop.
This stabilization appears to be driven by a confluence of factors, though not without underlying concerns.
On one hand, the company has emphasized its commitment to shareholder returns, increasing its share repurchase program and dividend, which can provide a floor for the stock price by signaling management's confidence and potentially boosting demand. OpenText is also touting strategic initiatives, particularly its focus on AI-driven solutions and the "Titanium X" cloud platform, which they claim are securing new customer wins. This narrative of a shift towards higher-margin, cloud-based offerings, coupled with efforts to reduce net leverage, likely contributes to a more positive sentiment and helps to temper further declines.
However, it's important to note that this stability comes amidst some challenging financial metrics. Recent quarterly reports have shown decreasing revenue and net profit, with a notable decline in license and professional services revenue. While cloud revenue has seen consistent organic growth, overall revenue has been impacted. The company's "business optimization plan," which involves significant job cuts (an additional 1,600 roles in 2025 following previous reductions), while intended to generate cost savings and improve efficiency, also highlights ongoing structural adjustments and potential integration challenges following past acquisitions.
Buying OT would be like buying a 2 ton anchor for a kayak.
@qr maybe Kaseya would purchase the Cybersecurity division but there is no way they would or could purchase all of OpenText. My guess is IBM, SAP or Epic is anyone. Not sure anyone wants our entire stack.
@b3 Kaseyia?
Those fake Indian AI engineer behind the Magellan product. Never upgrade their product, old version, human intelligence to work as AI
Ok mark b
Who would acquire us? SAP? Salesforce? Workday? ServiceNow?
The stock is not dropping because the market is on fire right now.
If OT was a great company they would be making tons of money. Management is holding this company back.
OT Board is a joke. A complete joke. They have zero people that can help this company.
Latest hire will help let people go, so they got that going for them.
@ah tough to see this outcome. that's the OT playbook they use to acq. companies, and hasn't been successful.
There is value in some of the IP.
Either it will be broken up prior (or) perhaps acquired whole.
Then the buyer will review product lines and if any don't align with their portfolio those BU's will either be sold off, (divested) or if there are no interested parties..it will ve shuttered.
Lots of possibilities, but this company can't continue to disappoint shareholders.
https://www.prnewswire.com/news-releases/opentext-appoints-kristen-ludgate-to-board-of-directors-302491471.html
they aren't holding up - its down from the 40s while Palantir did a 20x as an actual AI company.
Remember: OT had magellean ai 8, 9 years ago. Could have taken the AI market with data+information+AI magellean tools. leadership missed generational upside for the company and products. same people now. same skills now. same direction now.
doubtful. books are a mess.