DXC Technology Company. (NYSE:DXC) Stock Rated “Reduce” by Wall Street Brokerages

DXC Technology Company. (NYSE:DXC – Get Free Report) has been given an average rating of “Reduce” by the ten research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $12.06.

A number of analysts have recently weighed in on the company. Zacks Research raised DXC Technology from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Stifel Nicolaus reduced their target price on DXC Technology from $12.00 to $10.50 and set a “hold” rating on the stock in a research report on Friday, July 31st. JPMorgan Chase & Co. increased their price target on DXC Technology from $12.00 to $13.00 and gave the company an “underweight” rating in a research note on Friday. Weiss Ratings raised DXC Technology from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, October 6th. Finally, Susquehanna boosted their price target on DXC Technology from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday.

Read Our Latest Stock Report on DXC Technology

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in DXC. Bessemer Group Inc. increased its holdings in shares of DXC Technology by 61.1% in the first quarter. Bessemer Group Inc. now owns 3,680 shares of the company’s stock valued at $47,000 after purchasing an additional 1,395 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of DXC Technology by 289.0% during the third quarter. Farther Finance Advisors LLC now owns 4,396 shares of the company’s stock worth $48,000 after purchasing an additional 3,266 shares during the period. Covestor Ltd lifted its holdings in shares of DXC Technology by 31.2% during the second quarter. Covestor Ltd now owns 6,603 shares of the company’s stock worth $58,000 after purchasing an additional 1,570 shares during the period. Versant Capital Management Inc boosted its position in DXC Technology by 47.4% in the second quarter. Versant Capital Management Inc now owns 7,474 shares of the company’s stock valued at $66,000 after buying an additional 2,404 shares during the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in DXC Technology in the second quarter valued at approximately $94,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Key Stories Impacting DXC Technology

Here are the key news stories impacting DXC Technology this week:

  • Positive Sentiment: Quarterly results exceeded expectations: DXC reported fiscal Q2 FY2027 non-GAAP EPS of $0.67, above the $0.55 consensus estimate, while revenue of $3.03 billion topped expectations of $2.98 billion. DXC Technology Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Cash flow improved: First-half fiscal 2027 free cash flow rose to $405 million from $337 million a year earlier, and DXC repurchased $60 million of stock during the quarter. DXC Technology Reports Second Quarter Fiscal Year 2027 Results
  • Neutral Sentiment: Susquehanna raised its price target on DXC from $10 to $12 but maintained a “neutral” rating. The new target still implies roughly 20% downside from the referenced share price, signaling limited analyst confidence despite the higher valuation estimate. Susquehanna Raises DXC Price Target
  • Negative Sentiment: Underlying operating trends remained weak: Revenue declined about 4% year over year to $3.03 billion, adjusted EBIT margin was 6.2%, and non-GAAP EPS fell 20.2% from the prior-year quarter. GAAP diluted EPS was $0.15. DXC Fiscal 2027 Second-Quarter Results
  • Negative Sentiment: Management projected a 5% to 5.5% organic revenue decline for FY2027 while evaluating strategic actions, including insurance options. That outlook overshadowed the earnings and revenue beats and is the primary catalyst pressuring the stock. DXC Projects FY2027 Organic Revenue Decline

DXC Technology Price Performance

DXC stock opened at $14.98 on Monday. The stock has a market cap of $2.39 billion, a PE ratio of 23.05 and a beta of 0.79. The company has a 50-day moving average price of $12.28 and a 200 day moving average price of $11.59. DXC Technology has a 12 month low of $7.90 and a 12 month high of $16.38. The company has a current ratio of 1.15, a quick ratio of 1.41 and a debt-to-equity ratio of 0.64.

DXC Technology (NYSE:DXC – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.12. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $2.98 billion. DXC Technology had a net margin of 0.91% and a return on equity of 14.35%. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.84 EPS. Equities research analysts anticipate that DXC Technology will post 2.47 earnings per share for the current year.

DXC Technology Company Profile

(Get Free Report)

DXC Technology (NYSE: DXC) is a global information technology services and solutions company that helps organizations modernize and manage their technology environments. Its services include consulting, application development and management, cloud migration and operations, cybersecurity, data and analytics, enterprise technology management, and workplace and end-user services.

The company serves businesses and government organizations across a range of industries, including financial services, healthcare, insurance, manufacturing, aerospace and defense, automotive, retail, and the public sector.

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Analyst Recommendations for DXC Technology (NYSE:DXC)

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