DXC Technology (DXC) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DXC Technology in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DXC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DXC, but not buy additional shares or sell existing shares.
View DXC analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued twelve-month price targets for DXC Technology's stock. Their DXC share price forecasts range from $25.00 to $38.00. On average, they predict the company's stock price to reach $31.75 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price.
View analysts price targets for DXC or view top-rated stocks among Wall Street analysts.

DXC Technology's stock was trading at $26.50 at the beginning of the year. Since then, DXC stock has decreased by 5.4% and is now trading at $25.08.
View the best growth stocks for 2023 here.

DXC Technology saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 7,710,000 shares, an increase of 12.6% from the April 15th total of 6,850,000 shares. Based on an average trading volume of 1,620,000 shares, the short-interest ratio is presently 4.8 days. Approximately 3.4% of the company's shares are sold short.
View DXC Technology's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our DXC earnings forecast.

DXC Technology (NYSE:DXC) posted its earnings results on Thursday, May, 18th. The company reported $1.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.02. The firm earned $3.59 billion during the quarter, compared to the consensus estimate of $3.62 billion. DXC Technology had a negative net margin of 3.94% and a positive trailing twelve-month return on equity of 17.23%. The firm's quarterly revenue was down 10.4% compared to the same quarter last year. During the same period last year, the business posted $0.84 earnings per share.
Read the conference call transcript.

ETFs with the largest weight of DXC Technology (NYSE:DXC) stock in their portfolio include Invesco S&P 500 Pure Value ETF (RPV), Invesco S&P 500 Equal Weight Technology ETF (RYT), First Trust Technology AlphaDEX Fund (FXL), iShares Blockchain and Tech ETF (IBLC), Distillate Small/Mid Cash Flow ETF (DSMC), WisdomTree U.S. Quality Shareholder Yield Fund (QSY), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV) and Nuveen ESG Small-Cap ETF (NUSC).

DXC Technology updated its first quarter 2024 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $0.80-$0.85 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $3.54 billion-$3.58 billion, compared to the consensus revenue estimate of $3.61 billion.

1,508 employees have rated DXC Technology Chief Executive Officer Mike Salvino on Glassdoor.com. Mike Salvino has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other DXC Technology investors own include Hewlett Packard Enterprise (HPE), NVIDIA (NVDA), AT&T (T), HP (HPQ), Alibaba Group (BABA), AbbVie (ABBV), CVS Health (CVS), Boeing (BA), Bank of America (BAC) and Micron Technology (MU).

DXC Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "DXC."

DXC Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Franklin Resources Inc. (8.14%), BlackRock Inc. (6.89%), Victory Capital Management Inc. (4.10%), Glenview Capital Management LLC (3.93%), State Street Corp (3.48%) and Dimensional Fund Advisors LP (2.70%). Insiders that own company stock include Raul J Fernandez, Raul J Fernandez, William L Deckelman Jr and William L Deckelman, Jr.
View institutional ownership trends.

Shares of DXC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DXC stock can currently be purchased for approximately $25.08.

DXC Technology (NYSE:DXC) has a market capitalization of $5.30 billion and generates $14.43 billion in revenue each year. The company earns $-568,000,000.00 in net income (profit) each year or ($2.58) on an earnings per share basis.

The company employs 130,000 workers across the globe.

DXC Technology's mailing address is 1775 TYSONS BOULEVARD, TYSONS VA, 22102. The official website for the company is www.dxc.technology. The company can be reached via phone at (703) 245-9700, via email at investor.relations@dxc.com, or via fax at 310-640-2648.