Open Text Corporation
NASDAQOpen Text Corporation closed the week at $24.93, down nearly 3% on Friday alone after reporting earnings — and the stock finds itself in an unusual spot: an analyst upgrade landed the same day the market sold the news. The Friday move followed earnings released August 6. Citigroup's Steven Enders responded by raising his price target to $28 from $25, keeping a Neutral rating…
OTEX cost to borrow surges to 1.64% — up 218% in one week as short sellers face tightening availability.
Snapshot as of 21 Sept 2026
Open Text Corporation closed the week at $24.93, down nearly 3% on Friday alone after reporting earnings — and the stock finds itself in an unusual spot: an analyst upgrade landed the same day the market sold the…
Options traders are piling into calls on OTEX at the most aggressive pace in a year. That shift coincides with a sharp unwinding of short positions — creating a rare alignment of signals around Open Text…
OTEX climbed 7.3% after its Q3 FY2026 results on May 7, beating EPS estimates by $0.07 and posting a return to cloud revenue growth alongside a new CEO appointment. The stock has added 6.6% over the full week, reaching…
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