Open Text Corporation (OTEX) — closed signal from September 24, 2025
Partial Published before the outcome was known, scored automatically when the window closed on December 23, 2025 — -13.1% at the close.
Predicted vs. what happened
What happened
Reached 16% of the predicted growth at its peak, without hitting the target.
The thesis — published September 24, 2025
OpenText looks reasonably priced with improving mood around the stock. A major bank now expects it to reach $50, and our own value checks suggest there is still room to climb. The company has raised its dividend for 12 straight years, which attracts steady buyers. In the next 0-3 months, we prefer buying small dips as upgrades and income appeal bring in demand, aiming for a move into the low-to-mid $40s.
Primary drivers
- Big bank upgrade to Outperform with a $50 target can draw fresh interest
- Our value work suggests shares are worth more than today's price level
- Price trend improving, with buyers gaining control in recent sessions
- 12 years of dividend increases can attract long-term, income-seeking investors
How it played out
OTEX: target was not reached
Lyra published OTEX at $38.38 on 2025-09-24 with 20% expected growth and a $45.68 target. The thesis pointed to a big bank upgrade to Outperform with a $50 target, value work that saw room to climb, an improving price trend, and 12 years of dividend increases that could attract income-seeking buyers.
Inside the window, OTEX peaked at $39.58 on 2025-10-15, a 3.1% gain. That stayed below the $45.68 target. It never got there. By 2025-12-23, the stock ended at $33.35. The thesis only partially played out, because the early rise faded and the target was missed.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
Read the next call before it closes.
This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.