Open Text (OTEX) Expected to Announce Quarterly Earnings on Thursday

Open Text (NASDAQ:OTEX) (TSE:OTC) is anticipated to announce its Q4 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $1.2933 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

Open Text (NASDAQ:OTEX) (TSE:OTC) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.26 billion. Open Text had a return on equity of 24.77% and a net margin of 9.91%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 earnings per share. On average, analysts expect Open Text to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Open Text Stock Up 1.2%

Shares of NASDAQ OTEX opened at $26.42 on Wednesday. The stock has a market cap of $6.40 billion, a PE ratio of 12.89 and a beta of 1.03. The business has a fifty day moving average of $22.93 and a two-hundred day moving average of $23.67. Open Text has a 52-week low of $19.77 and a 52-week high of $39.90. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.94 and a current ratio of 0.94.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Engineers Gate Manager LP acquired a new position in Open Text during the 2nd quarter worth about $317,000. Private Advisor Group LLC acquired a new stake in Open Text in the 3rd quarter valued at about $268,000. Caption Management LLC acquired a new stake in Open Text in the 3rd quarter valued at about $262,000. Cetera Investment Advisers raised its stake in shares of Open Text by 15.4% in the fourth quarter. Cetera Investment Advisers now owns 7,603 shares of the software maker’s stock worth $248,000 after acquiring an additional 1,012 shares during the last quarter. Finally, Armistice Capital LLC bought a new position in shares of Open Text in the fourth quarter worth about $239,000. 70.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

OTEX has been the topic of several analyst reports. Scotiabank lowered their target price on shares of Open Text from $50.00 to $40.00 and set a “sector outperform” rating on the stock in a report on Friday, May 8th. Scotia reduced their price target on shares of Open Text from $50.00 to $40.00 and set a “sector outperform” rating on the stock in a research report on Friday, May 8th. Raymond James Financial decreased their price objective on shares of Open Text from $42.00 to $35.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Wall Street Zen lowered shares of Open Text from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 28th. Finally, Citigroup cut their target price on shares of Open Text from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $33.67.

Open Text Company Profile

Open Text Corporation is a Canadian enterprise information management (EIM) software company that develops solutions for organizations seeking to manage, protect and extract insight from their unstructured and structured data. The company’s platform encompasses document management, records management, digital asset management and archiving, enabling companies to govern information across its lifecycle.

Open Text’s product suite includes content services, business process management, customer experience management, analytics and security products.