When does Open Text report earnings and why does that matter for OTEX.TO stock?

Open Text reports on **05 Feb 2026**. The release matters because investors expect updates on cloud revenue, EPS, and how proceeds from the Vertica sale will reduce debt, which could move OTEX.TO stock materially.

How will the Vertica sale affect OTEX.TO stock valuation?

The Vertica sale for **US$150.00m** should reduce net debt and improve leverage ratios modestly. The transaction is small vs enterprise value, so any valuation change depends on management's use of proceeds and updated guidance.

What are the key valuation metrics for OTEX.TO stock to watch?

Key metrics: **P/E 12.82**, price-to-book **1.59**, free cash flow yield **14.51%**, and net-debt-to-EBITDA ~**3.51**. Compare these to sector peers when assessing relative value.

What is Meyka AI's view and forecast for OTEX.TO stock?

Meyka AI rates OTEX.TO **77.11/100 (B+, BUY)** and models a **yearly target C$39.68**, about **17.25%** upside from C$33.84. Forecasts are model-based projections and not guarantees.

CA Stocks

OTEX.TO stock down 2.70% after Vertica sale: earnings Feb 5 will test debt plan

ByDanny Kontos February 3, 2026February 3, 2026

Open Text Corporation (OTEX.TO) closed at C$33.84, down -2.70%, as investors reposition ahead of the earnings announcement on 05 Feb 2026. OTEX.TO stock faces two immediate themes: management’s plan to cut debt with the Vertica sale for US$150.00m, and near-term revenue and margin signals in the upcoming report. We review valuation, technicals, the divestiture impact, and what to watch in the earnings call for investors in Canada (TSX) trading in CAD.