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

Key Points

• Open Text is expected to report Q1 fiscal 2027 results before market open on November 5, 2026. Analysts forecast earnings of $0.94 per share on $1.22 billion in revenue.
• In its latest quarter, Open Text beat expectations with $1.23 EPS and $1.33 billion in revenue, while revenue increased 2.9% year over year.
• The company raised its quarterly dividend to $0.28 per share, or $1.12 annually, implying a 4.1% yield. Analysts maintain a consensus “Hold” rating with an average price target of $30.95.

Open Text (NASDAQ:OTEX - Get Free Report) TSE: OTC will likely be releasing its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect Open Text to post earnings of $0.94 per share and revenue of $1.22 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2027 earnings report 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 earnings results 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 firm had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the previous year, the business posted $0.97 EPS. The business'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 Performance

Shares of NASDAQ OTEX opened at $27.13 on Thursday. The company's fifty day moving average price is $24.21 and its 200 day moving average price is $24.03. Open Text has a 1 year low of $19.77 and a 1 year high of $39.81. The company has a market capitalization of $6.56 billion, a PE ratio of 10.52 and a beta of 1.01. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.81 and a current ratio of 0.81.

Open Text Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were issued a $0.28 dividend. The ex-dividend date of this dividend was Friday, September 4th. This is a positive change from Open Text's previous quarterly dividend of $0.2750. This represents a $1.12 dividend on an annualized basis and a yield of 4.1%. Open Text's dividend payout ratio is presently 43.41%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. UBS Group lifted their price objective on shares of Open Text from $25.00 to $27.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Scotiabank lowered their target price 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. Scotia dropped their target price on Open Text from $40.00 to $33.00 and set a "sector outperform" rating on the stock in a research report 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. Finally, Raymond James Financial lowered Open Text from an "outperform" rating to a "market perform" rating and cut their price target for the company from $35.00 to $29.50 in a research note 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's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $30.95.

About Open Text

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.

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