Open Text (OTEX) Projected to Post Quarterly Earnings on Thursday

Open Text (NASDAQ:OTEX) (TSE:OTC) is anticipated to post its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $1.04 per share and revenue of $1.2874 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Open Text (NASDAQ:OTEX) (TSE:OTC) last released its quarterly earnings results on Wednesday, November 5th. The software maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. Open Text had a return on equity of 23.44% and a net margin of 9.60%.The business’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. On average, analysts expect Open Text to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Open Text Stock Down 3.7%

OTEX opened at $27.38 on Thursday. Open Text has a 52 week low of $22.79 and a 52 week high of $39.90. The business has a 50 day moving average price of $32.36 and a two-hundred day moving average price of $33.66. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.60. The company has a market cap of $6.89 billion, a PE ratio of 14.34 and a beta of 1.08.

Open Text Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.10 annualized dividend and a dividend yield of 4.0%. Open Text’s dividend payout ratio (DPR) is currently 57.59%.

Hedge Funds Weigh In On Open Text

Several hedge funds have recently bought and sold shares of OTEX. Dimensional Fund Advisors LP boosted its stake in shares of Open Text by 48.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,592,578 shares of the software maker’s stock valued at $96,914,000 after acquiring an additional 851,303 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Open Text by 75.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,437,335 shares of the software maker’s stock worth $36,307,000 after purchasing an additional 619,527 shares during the last quarter. Legal & General Group Plc raised its position in shares of Open Text by 30.8% in the third quarter. Legal & General Group Plc now owns 2,210,802 shares of the software maker’s stock valued at $82,655,000 after buying an additional 520,820 shares during the last quarter. Amundi lifted its stake in shares of Open Text by 57.5% during the third quarter. Amundi now owns 975,749 shares of the software maker’s stock valued at $37,371,000 after buying an additional 356,105 shares during the period. Finally, Canada Pension Plan Investment Board boosted its position in Open Text by 24.0% during the second quarter. Canada Pension Plan Investment Board now owns 1,547,467 shares of the software maker’s stock worth $45,246,000 after acquiring an additional 300,000 shares during the last quarter. Hedge funds and other institutional investors own 70.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on OTEX shares. Barclays raised their target price on shares of Open Text from $33.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 21st. Jefferies Financial Group increased their target price on Open Text from $33.00 to $35.00 and gave the stock a “hold” rating in a research note on Thursday, November 6th. Zacks Research cut shares of Open Text from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. National Bankshares set a $45.00 price objective on shares of Open Text and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Finally, TD Securities lowered Open Text from a “buy” rating to a “hold” rating and boosted their price target for the stock from $35.00 to $40.00 in a research note on Friday, October 3rd. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $38.83.

About Open Text

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.