OpenText’s content management solution certified for SAP cloud ERP

WATERLOO, ON - OpenText (NASDAQ:OTEX) (TSX:OTEX) announced Monday that its Core Content Management for SAP solutions has received certification for SAP S/4HANA Cloud Public Edition. The $8.56 billion market cap company has seen a significant 29.63% price increase over the past six months, despite a recent 9.43% pullback last week.

The certification establishes OpenText as an SAP Solution Extensions partner with a document management platform qualified to support SAP Cloud ERP, according to a company press release.

The integration aims to connect structured data with unstructured content to support organizations modernizing their business processes with SAP Cloud ERP. The solution combines SAP’s process expertise with OpenText’s content management capabilities, leveraging the company’s impressive 76.09% gross profit margins.

"SAP and OpenText are a catalyst for high-performance in the cloud ERP era," said Darryl Gray, Senior Vice President, ISV Partner Success at SAP, in the statement. "Together, we’re connecting process and content so organizations can modernize with speed, govern with confidence, and operate with clarity."

Sandy Ono, Executive Vice President and Chief Marketing Officer at OpenText, noted that the collaboration addresses challenges in managing unstructured content, creating "a unified view of all enterprise knowledge, structured and unstructured, active and archived."

The certification comes as enterprises across industries seek to modernize their business processes and prepare their information systems for AI implementation. The integration provides native connectivity across SAP Cloud ERP environments.

OpenText describes itself as a Cloud and AI company providing organizations with Business AI, Business Clouds, and Business Technology solutions through information management. With annual revenue of $5.19 billion, a P/E ratio of 18.85, and a 3.18% dividend yield, the company appears undervalued according to InvestingPro analysis. For investors seeking deeper insights, InvestingPro offers a comprehensive research report on OpenText, one of 1,400+ US equities covered with expert analysis and actionable intelligence.

In other recent news, OpenText Corporation reported its Q1 2026 earnings, surpassing analysts’ expectations. The company achieved an adjusted earnings per share of $1.05, exceeding the projected $0.99. Revenue reached $1.29 billion, slightly above the anticipated $1.27 billion. Jefferies highlighted a revenue upside of 2% and an earnings per share upside of 6% for OpenText. Cloud revenue growth was noted at 6% year-over-year, surpassing the fiscal year 2026 midpoint guidance of 3.5%. In response to these developments, Jefferies raised its price target for OpenText to $35 from $33 while maintaining a Hold rating on the stock. These recent developments reflect a positive performance for the company in the latest quarter.

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