Reviewing Open Text (NASDAQ:OTEX) & Veea (NASDAQ:VEEA)

Open Text (NASDAQ:OTEX) and Veea (NASDAQ:VEEA) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, dividends, institutional ownership, analyst recommendations, profitability and earnings.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Open Text and Veea, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Open Text	0	9	3	0	2.25
Veea	0	0	0	0	0.00

Open Text currently has a consensus price target of $35.18, suggesting a potential upside of 35.00%. Given Open Text’s stronger consensus rating and higher probable upside, research analysts plainly believe Open Text is more favorable than Veea.

Earnings and Valuation

This table compares Open Text and Veea”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Open Text	$5.41 billion	1.27	$465.09 million	$2.46	10.59
Veea	N/A	N/A	-$30,000.00	N/A	N/A

Open Text has higher revenue and earnings than Veea.

Institutional and Insider Ownership

70.4% of Open Text shares are owned by institutional investors. Comparatively, 25.9% of Veea shares are owned by institutional investors. 10.6% of Open Text shares are owned by company insiders. Comparatively, 71.0% of Veea shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk and Volatility

Open Text has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500. Comparatively, Veea has a beta of -0.02, meaning that its share price is 102% less volatile than the S&P 500.

Profitability

This table compares Open Text and Veea’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Open Text	12.21%	23.23%	6.67%
Veea	N/A	N/A	-20.86%

Summary

Open Text beats Veea on 10 of the 11 factors compared between the two stocks.

About Open Text

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

About Veea

Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.