Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Open Text Corporation, Varonis Systems or Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Open Text Corporation, Varonis Systems and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Open Text Corporation, Varonis Systems and Inc.

Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also engages in licensing software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer’s systems. In addition, the company offers content, business network, observability and service management, cybersecurity, application delivery management, and analytics. It has partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and SALESFORCE, INC., as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves global 10,000 organizations, enterprise companies, public sector agencies, mid-market companies, SMBS, and direct consumers. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds. The company offers Varonis Data Security Platform, a Software-as-a-Service solution which includes Data security posture management, Data access intelligence, Data discovery & classification, Discovery policy library, least privilege automation, Data activity monitoring, Data detection and response, and User & entity behavior analytics. It also provides Protection Packages, such as Microsoft 365, Windows & NAS, Hybrid, and Cloud Environments, as well as Database and Email Security Capabilities and On-Premises Subscription Products. It serves the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, construction and engineering, education, and consumer and retail industries. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.

Latest Software and Open Text Corporation, Varonis Systems, Inc. Stock News

As of September 4, 2026, Open Text Corporation had a $5.7 billion market capitalization, compared to the Software median of $1.1 million. Open Text Corporation’s stock is down 28.8% in 2026, down 7% in the previous five trading days and down 28.44% in the past year.

Currently, Open Text Corporation’s price-earnings ratio is 9.3. Open Text Corporation’s trailing 12-month revenue is $5.2 billion with a 12.3% net profit margin. Year-over-year quarterly sales growth most recently was 2.9%. Analysts expect adjusted earnings to reach $3.904 per share for the current fiscal year. Open Text Corporation currently has a 4.7% dividend yield.

As of September 4, 2026, Varonis Systems, Inc. had a $5.3 billion market cap, putting it in the 68th percentile of all stocks. Varonis Systems, Inc.’s stock is up 37.6% in 2026, up 3.1% in the previous five trading days and down 17.3% in the past year.

Currently, Varonis Systems, Inc. does not have a price-earnings ratio. Varonis Systems, Inc.’s trailing 12-month revenue is $688.1 million with a -20.5% net profit margin. Year-over-year quarterly sales growth most recently was 18.3%. Analysts expect adjusted earnings to reach $0.151 per share for the current fiscal year. Varonis Systems, Inc. does not currently pay a dividend.

How We Compare Open Text Corporation, Varonis Systems and Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Open Text Corporation, Varonis Systems and Inc.’s stock grades to see how they measure up against one another.

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Open Text Corporation, Varonis Systems and Inc.’s Quality Grades

Company	Ticker	Quality
Open Text Corporation	OTEX	B
Varonis Systems, Inc.	VRNS	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Open Text Corporation has a Quality Score of 76, which is Strong. Varonis Systems, Inc. has a Quality Score of 59, which is Average.

The Quality Grade Winner: Open Text Corporation

As you can clearly see from the Quality Grade breakdown above, Open Text Corporation has a better overall quality grade than Varonis Systems, Inc.. For investors who are looking for companies with higher quality than others in the same industry, Open Text Corporation could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Open Text Corporation, Varonis Systems and Inc.’s Momentum Grades

Company	Ticker	Momentum
Open Text Corporation	OTEX	D
Varonis Systems, Inc.	VRNS	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Open Text Corporation has a Momentum Score of 26, which is Weak. Varonis Systems, Inc. has a Momentum Score of 70, which is Strong.

The Momentum Grade Winner: Varonis Systems, Inc.

As you can clearly see from the Momentum Grade breakdown above, Varonis Systems, Inc. is considered to have stronger momentum compared to Open Text Corporation. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Varonis Systems, Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Open Text Corporation, Varonis Systems and Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Open Text Corporation	OTEX	C
Varonis Systems, Inc.	VRNS	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Open Text Corporation has a Earnings Estimate Score of 52, which is Neutral. Varonis Systems, Inc. has a Earnings Estimate Score of 77, which is Positive.

The Earnings Estimate Revisions Grade Winner: Varonis Systems, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Varonis Systems, Inc. has a better Earnings Estimate Revisions Grade than Open Text Corporation. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Varonis Systems, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Open Text Corporation, Varonis Systems and Inc. Grades

In addition to Momentum, Quality and Estimate Revisions, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Open Text Corporation, Varonis Systems and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Open Text Corporation, Varonis Systems or Inc. Stock?

Overall, Open Text Corporation stock has a Momentum Score of 26, Estimate Revisions Score of 52 and Quality Score of 76.

Varonis Systems, Inc. stock has a Momentum Score of 70, Estimate Revisions Score of 77 and Quality Score of 59.

Comparing Open Text Corporation, Varonis Systems and Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.