Open Text (OTEX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.05
- Estimate
- $0.93
- Surprise
- +12.3%
- Revenue (period 2026-09-30)
- $1.24B
- Score at report (before → after)
- 5.4 → 5.4/10
Revenue source: xbrl.
How the report landed
Open Text (OTEX) beat the $0.93 estimate with adjusted EPS of $1.05 — a large 12.3% upside surprise. TrendMatrix's engine moved from Sell (5.4/10) to Hold at 5.4/10 after the report.
Coverage in the report window
- Open Text Sees Q2 Sales $1.260B-$1.290B vs $1.298B Est — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates OTEX Hold at 5.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +12.3% surprise compares with a +12.5% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Technology): -0.8
- Leverage penalty (D/E 1.5): -0.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $25.42
- Entry target
- $24.54
- Stop
- $23.21
The stock trades at 9.9× trailing but 6.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
OTEX at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $6.32B
- P/E (fwd)
- 6.1
- P/E (ttm)
- 9.9
- 52-week range
- $19.78–$38.29
- Off 52-week high
- 33.6%
- RSI (14)
- 48
- Volume vs avg
- 0.33×
- Score today
- 5.4/10