DXC Technology (NYSE:DXC) Updates FY 2026 Earnings Guidance

Key Points

• DXC Technology has issued its FY 2026 earnings guidance with expected earnings per share between $2.850 and $3.350, while revenue is projected to be in the range of $12.6 billion to $12.9 billion.
• The company reported an EPS of $0.68 for its latest quarter, surpassing the consensus estimate by $0.04.
• Several analysts have recently downgraded their price targets for DXC Technology, with the consensus target now at $17.00 and a majority giving a "hold" rating on the stock.

DXC Technology (NYSE:DXC - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.850-3.350 for the period, compared to the consensus earnings per share estimate of 3.004. The company issued revenue guidance of $12.6 billion-$12.9 billion, compared to the consensus revenue estimate of $12.3 billion. DXC Technology also updated its Q2 2026 guidance to 0.650-0.750 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DXC. JPMorgan Chase & Co. decreased their price objective on DXC Technology from $22.00 to $18.00 and set an "underweight" rating on the stock in a report on Wednesday, May 21st. BMO Capital Markets decreased their price objective on DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a report on Thursday, May 15th. Susquehanna decreased their price objective on DXC Technology from $23.00 to $16.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Finally, Royal Bank Of Canada decreased their price objective on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, DXC Technology has an average rating of "Hold" and a consensus target price of $16.40.

DXC Technology Stock Down 5.4%

NYSE DXC traded down $0.74 on Friday, reaching $12.87. The company had a trading volume of 5,093,415 shares, compared to its average volume of 1,673,858. The stock has a market capitalization of $2.33 billion, a P/E ratio of 6.25 and a beta of 1.18. The company's fifty day moving average is $15.02 and its 200 day moving average is $16.72. DXC Technology has a 52-week low of $12.24 and a 52-week high of $24.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.86.

DXC Technology (NYSE:DXC - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.04. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a return on equity of 18.73% and a net margin of 2.96%. The business's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 EPS. Sell-side analysts anticipate that DXC Technology will post 3.35 earnings per share for the current fiscal year.

Institutional Trading of DXC Technology

A number of institutional investors have recently added to or reduced their stakes in DXC. Royal Bank of Canada boosted its position in shares of DXC Technology by 156.3% during the 1st quarter. Royal Bank of Canada now owns 99,930 shares of the company's stock valued at $1,703,000 after acquiring an additional 60,935 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of DXC Technology by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 735,597 shares of the company's stock valued at $12,542,000 after acquiring an additional 34,544 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of DXC Technology by 4.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,239,558 shares of the company's stock valued at $21,134,000 after acquiring an additional 49,228 shares during the last quarter. Hedge funds and other institutional investors own 96.20% of the company's stock.

DXC Technology Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).