Open Text (OTEX) Set to Post Earnings on Thursday

by · The Markets Daily

Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC) is anticipated to release its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $0.94 per share and revenue of $1.22 billion for the quarter. Parties may visit the company’s upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.21. Open Text had a return on equity of 25.76% and a net margin of 12.26%. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $0.97 EPS. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, analysts expect Open Text to post $3.72 EPS for the current fiscal year and $3.86 EPS for the next fiscal year.

Open Text Stock Down 2.9%

OTEX stock opened at $25.76 on Wednesday. Open Text has a twelve month low of $19.77 and a twelve month high of $38.29. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The firm has a market cap of $6.22 billion, a PE ratio of 6.42 and a beta of 0.98. The business has a 50 day moving average of $24.37 and a 200 day moving average of $23.90.

Analysts Set New Price Targets

A number of research firms have recently commented on OTEX. Scotiabank cut their target price on Open Text from $40.00 to $33.00 and set a “sector outperform” rating on the stock in a research note on Friday, August 7th. UBS Group lifted their price target on Open Text from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Scotia lowered their price target on Open Text from $40.00 to $33.00 and set a “sector outperform” rating for the company in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Open Text from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Finally, Citigroup increased their price objective on shares of Open Text from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $30.95.

View Our Latest Report on OTEX

About Open Text

(Get Free Report)

OpenText Corporation is a Canadian enterprise software company that develops solutions for managing, securing and exchanging business information. Its offerings help organizations organize content, automate business processes, connect with customers and partners, and manage information across cloud, on-premises and hybrid environments.

The company’s portfolio includes enterprise content management, business network and integration services, customer experience tools, cybersecurity and information governance solutions, and software for managing enterprise applications and information technology operations.

Read More