Open Text (OTEX) to Release Quarterly Earnings on Thursday

Open Text (NASDAQ:OTEX) (TSE:OTC) is expected to be posting its Q2 2026 results after the market closes on Thursday, February 5th. Analysts expect Open Text to post earnings of $1.04 per share and revenue of $1.2874 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning results 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 earnings results on Wednesday, November 5th. The software maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.05. Open Text had a return on equity of 23.44% and a net margin of 9.60%.The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the previous year, the company posted $0.93 EPS. Open Text’s revenue was up 1.5% compared to the same quarter last year. 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 Trading Down 3.7%

NASDAQ OTEX opened at $27.38 on Thursday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 14.34 and a beta of 1.08. The firm has a 50 day simple moving average of $32.36 and a 200-day simple moving average of $33.66. Open Text has a one year low of $22.79 and a one year high of $39.90.

Open Text Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently issued reports on OTEX. National Bankshares set a $45.00 price objective on Open Text and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Jefferies Financial Group increased their price target on Open Text from $33.00 to $35.00 and gave the company a “hold” rating in a research report on Thursday, November 6th. UBS Group boosted their price objective on Open Text from $32.00 to $38.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Zacks Research cut shares of Open Text from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Citigroup decreased their price target on shares of Open Text from $38.00 to $36.00 and set a “neutral” rating for the company in a research note on Tuesday, December 23rd. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $38.83.

Institutional Trading of Open Text

Several institutional investors have recently modified their holdings of OTEX. CIBC Private Wealth Group LLC acquired a new stake in Open Text during the 3rd quarter worth $33,000. WealthCollab LLC lifted its holdings in shares of 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 last quarter. Osaic Holdings Inc. boosted its position in shares of Open Text by 108.8% in 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 during the period. EverSource Wealth Advisors LLC grew its stake in Open Text by 39.7% during the 2nd 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, United Services Automobile Association purchased a new stake in Open Text in the first quarter valued at approximately $213,000. Hedge funds and other institutional investors own 70.37% of the company’s stock.

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.