DXC Technology (NYSE:DXC) Updates Q2 2026 Earnings Guidance

Key Points

• DXC Technology (NYSE:DXC) has updated its Q2 2026 earnings guidance, projecting earnings per share (EPS) between $0.650-$0.750, below the consensus estimate of $0.780, while maintaining revenue guidance at $3.2 billion.
• Several brokerages have recently adjusted their target prices for DXC Technology, with Royal Bank of Canada lowering it from $27.00 to $18.00 and Susquehanna from $23.00 to $16.00, indicating a generally cautious outlook.
• DXC Technology's stock has seen a decline of 0.8%, closing at $13.62, and the company has a current market cap of $2.47 billion with an average target price of $17.00.

DXC Technology (NYSE:DXC - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.650-0.750 for the period, compared to the consensus estimate of 0.780. The company issued revenue guidance of $3.2 billion-$3.2 billion, compared to the consensus revenue estimate of $3.1 billion. DXC Technology also updated its FY 2026 guidance to 2.850-3.350 EPS.

DXC Technology Stock Performance

DXC stock traded down $0.74 during midday trading on Friday, hitting $12.87. 5,093,415 shares of the company traded hands, compared to its average volume of 1,673,858. DXC Technology has a twelve month low of $12.24 and a twelve month 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. The business has a 50 day simple moving average of $15.02 and a 200-day simple moving average of $16.72. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 6.25 and a beta of 1.18.

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, topping the consensus estimate of $0.64 by $0.04. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.73%. DXC Technology's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the company posted $0.74 earnings per share. As a group, equities research analysts predict that DXC Technology will post 3.35 earnings per share for the current year.

Analyst Ratings Changes

DXC has been the subject of several research reports. Susquehanna reduced their target price on DXC Technology from $23.00 to $16.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. BMO Capital Markets cut their price objective on DXC Technology from $26.00 to $17.00 and set a "market perform" rating for the company in a report on Thursday, May 15th. Morgan Stanley cut their price objective on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a report on Friday. Royal Bank Of Canada cut their price objective on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday. Finally, Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $16.40.

Institutional Investors Weigh In On DXC Technology

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in DXC Technology by 4.1% in 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake 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 worth $12,542,000 after purchasing an additional 34,544 shares in the last quarter. Finally, Royal Bank of Canada raised its stake 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 worth $1,703,000 after purchasing an additional 60,935 shares in the last quarter. Institutional investors own 96.20% of the company's stock.

About DXC Technology

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).