Analysts’ "open stock forecast" indicates materials sector strength at the open after industrial metals prices spiked overnight. Mining companies and steel producers could see immediate upside momentum fed by short-covering. On this basis, the DCF analysis calculates an estimated fair value of $65.28 per share. Compared to the current price, this implies that Open Text is trading at a 41.9% discount to its intrinsic value. Such a significant gap suggests the market may be undervaluing the company, at least from a cash flow perspective. Filed Under: Stock Market Tagged With: Home , Houses , Nasdaq , NQ_F , OPEN , Opendoor , Retail In this morning’s "open stock forecast", airline stocks are set for early session gains after improved passenger load factors were reported. Futures data signal a 0.8% sector gain right from the opening bell.