Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC) is expected to be announcing its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect Open Text to announce earnings of $0.94 per share and revenue of $1.22 billion for the quarter. Individuals can check 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 data on Thursday, August 6th. The software maker reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.21. Open Text had a net margin of 12.26% and a return on equity of 25.76%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the firm posted $0.97 earnings per share. The company’s 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 0.3%
Shares of NASDAQ OTEX opened at $26.52 on Tuesday. The company’s 50-day simple moving average is $24.34 and its 200-day simple moving average is $23.93. Open Text has a 52-week low of $19.77 and a 52-week high of $39.15. The firm has a market cap of $6.41 billion, a price-to-earnings ratio of 6.57 and a beta of 1.01. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.
Open Text Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were given a dividend of $0.28 per share. This is a boost from Open Text’s previous quarterly dividend of $0.2750. The ex-dividend date was Friday, September 4th. This represents a $1.12 annualized dividend and a dividend yield of 4.2%. Open Text’s payout ratio is currently 43.41%.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on OTEX. Scotiabank decreased their price target on shares of 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. Wall Street Zen upgraded Open Text from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Weiss Ratings upgraded Open Text from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, October 14th. UBS Group increased their target price on Open Text from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Raymond James Financial downgraded Open Text from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $35.00 to $29.50 in a research report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Open Text presently has a consensus rating of “Hold” and an average price target of $30.95.
Read Our Latest Stock Analysis on OTEX
Open Text Company Profile
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
- Five stocks we like better than Open Text
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Open Text Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Open Text and related companies with MarketBeat.com's FREE daily email newsletter.
