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.
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.