Open Text Corp experienced a notable rise in stock value, reflecting positive investor sentiment.
Open Text Corp (NASDAQ:OTEX) went up yesterday by 3.18%, closing at CA$24.95. The increase in share price comes ahead of the company's upcoming earnings report, scheduled for November 5, 2026.
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Open Text Corp
OTEX.US
OTEX.US
Open Text Corp
WealthAwesomeMarket cap
$6.04B
P/E
9.7x
Div. yield
4.55%
Div. / share
$1.10
52W high
$38.18
52W low
$19.54
1W change
+9.86%
Beta
1.02
Analyst Price Targets
Based on 12 analysts covering OTEX · as of Oct 5, 2026
Wall Street analysts forecast OTEX stock price to fall 21.2% over the next 12 months.
Consensus
Hold3.17 / 5.00
Avg. Target
C$27.95
-21.2% Upside
Current Price
C$35.49
Last close
Analyst Breakdown (12 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on OTEX's historical volatility
30-Day Vol
35.5%
Annualized
90-Day Vol
38.3%
Annualized
Trend (90d)
+33.0%
Annualized drift
90d Mean
C$28.07
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$25.95 | C$22.95 – C$29.33 |
| 60 trading days | C$26.99 | C$22.69 – C$32.10 |
| 90 trading days | C$28.07 | C$22.70 – C$34.71 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors are showing confidence in Open Text Corp as it prepares to unveil its financial results, which could provide insights into the company's performance and future prospects.
Market Cap Reaches CA$6.04 Billion
With a market cap of CA$6.04 billion and a P/E ratio of 9.67, Open Text Corp remains an attractive option for value-focused investors.
Bull case
The upcoming earnings report could showcase strong financial performance, which might lead to further stock appreciation as investors respond positively to the results.
Bear case
If the earnings report reveals disappointing results or guidance, it could trigger a quick drop in the stock price, reversing recent gains.
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Upcoming Earnings Report
Open Text Corp is set to release its first quarter fiscal year 2027 financial results on November 5, 2026. This announcement has generated significant interest among investors, as it will provide crucial insights into the company's performance and strategic direction.
Market Performance Overview
The stock's 3.18% increase yesterday reflects a positive shift in investor sentiment, likely fueled by the anticipation of strong financial results. Open Text's market cap now stands at CA$6.04 billion, indicating robust market confidence.
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