Weiss Ratings Reaffirms Sell (D) Rating for DXC Technology (NYSE:DXC)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D)" rating for DXC Technology, indicating ongoing concerns about the stock's performance.
• Several analysts have adjusted their price targets for DXC Technology, with Morgan Stanley lowering its target from $16.00 to $15.00, while JPMorgan reduced its target from $18.00 to $14.00.
• DXC Technology reported $0.68 earnings per share for Q2 2026, exceeding estimates, but its revenue was down 2.4% year-over-year, prompting analysts to predict mixed future performance.

DXC Technology (NYSE:DXC - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other analysts have also recently commented on the stock. Morgan Stanley reduced their price objective on shares of DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Royal Bank Of Canada lowered their target price on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. decreased their price objective on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research note on Wednesday, August 20th. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $15.60.

DXC Technology Stock Up 0.5%

Shares of NYSE DXC traded up $0.06 during mid-day trading on Wednesday, reaching $13.34. The company had a trading volume of 1,312,762 shares, compared to its average volume of 2,006,729. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90. The firm has a 50 day simple moving average of $13.87 and a two-hundred day simple moving average of $14.84. The stock has a market cap of $2.39 billion, a P/E ratio of 6.48 and a beta of 1.12. DXC Technology has a 52-week low of $12.24 and a 52-week high of $24.83.

DXC Technology (NYSE:DXC - Get Free Report) last issued 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. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.06 billion. During the same period last year, the firm posted $0.74 EPS. DXC Technology's revenue for the quarter was down 2.4% on a year-over-year basis. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. Sell-side analysts predict that DXC Technology will post 3.35 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total value of $36,300.00. Following the completion of the sale, the senior vice president directly owned 91,105 shares of the company's stock, valued at $1,322,844.60. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.61% of the company's stock.

Hedge Funds Weigh In On DXC Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DXC. AQR Capital Management LLC grew its holdings in DXC Technology by 97.0% during the second quarter. AQR Capital Management LLC now owns 3,933,973 shares of the company's stock valued at $60,150,000 after purchasing an additional 1,936,726 shares during the last quarter. Millennium Management LLC lifted its position in DXC Technology by 1,765.9% in the first quarter. Millennium Management LLC now owns 1,652,331 shares of the company's stock worth $28,172,000 after purchasing an additional 1,563,775 shares during the period. Norges Bank bought a new position in DXC Technology in the second quarter worth $16,589,000. Qube Research & Technologies Ltd lifted its holdings in shares of DXC Technology by 1,156.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,132,578 shares of the company's stock valued at $17,317,000 after acquiring an additional 1,042,409 shares during the period. Finally, LSV Asset Management lifted its holdings in shares of DXC Technology by 22.7% during the first quarter. LSV Asset Management now owns 4,151,398 shares of the company's stock valued at $70,781,000 after acquiring an additional 769,026 shares during the period. Institutional investors and hedge funds 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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.