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

Open Text (NASDAQ:OTEX) (TSE:OTC) is anticipated to announce 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. Investors can check the company’s upcoming Q2 2026 earning summary 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 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. Open Text had a return on equity of 23.44% and a net margin of 9.60%.The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The business’s revenue was up 1.5% on a year-over-year basis. 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 Price Performance

Shares of OTEX opened at $24.75 on Tuesday. The business has a 50-day moving average of $31.92 and a 200-day moving average of $33.64. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 12.96 and a beta of 1.08. Open Text has a 1 year low of $22.79 and a 1 year high of $39.90.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group boosted their price target on shares of Open Text from $33.00 to $35.00 and gave the stock a “hold” rating in a research report on Thursday, November 6th. Zacks Research lowered shares of Open Text from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. CIBC cut their price target on shares of Open Text from $40.00 to $37.00 and set a “neutral” rating on the stock in a research report on Friday, January 16th. Citigroup lowered their price objective on Open Text from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, December 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Open Text in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Open Text has an average rating of “Hold” and an average price target of $38.83.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new stake in shares of Open Text during the third quarter valued at approximately $33,000. WealthCollab LLC grew its position in Open Text by 39.5% in the 2nd quarter. WealthCollab LLC now owns 1,640 shares of the software maker’s stock valued at $48,000 after purchasing an additional 464 shares during the period. Osaic Holdings Inc. increased its stake in Open Text by 108.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,798 shares of the software maker’s stock valued at $52,000 after purchasing an additional 937 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Open Text by 39.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,005 shares of the software maker’s stock worth $59,000 after buying an additional 570 shares during the last quarter. Finally, Caption Management LLC acquired a new position in Open Text during the third quarter worth $262,000. 70.37% of the stock is owned by institutional investors and hedge funds.

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.