DXC Technology - DXC Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DXC Technology in the last year. There are currently 2 sell ratings, 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.
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11 analysts have issued 12 month price targets for DXC Technology's stock. Their DXC share price forecasts range from $27.00 to $38.00. On average, they expect the company's share price to reach $33.17 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
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DXC Technology's stock was trading at $26.50 at the beginning of 2023. Since then, DXC stock has increased by 4.3% and is now trading at $27.64.
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DXC Technology saw a increase in short interest in December. As of December 30th, there was short interest totaling 7,720,000 shares, an increase of 5.8% from the December 15th total of 7,300,000 shares. Based on an average daily trading volume, of 1,890,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 3.4% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 24th 2023.
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DXC Technology (NYSE:DXC) announced its earnings results on Wednesday, February, 1st. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.11. The firm had revenue of $3.57 billion for the quarter, compared to analysts' expectations of $3.57 billion. DXC Technology had a net margin of 4.84% and a trailing twelve-month return on equity of 15.44%. The business's revenue was down 12.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS.
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DXC Technology updated its FY23 earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $3.45-3.50 for the period, compared to the consensus EPS estimate of $3.48. The company issued revenue guidance of $14.46-14.47 billion, compared to the consensus revenue estimate of $14.46 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 many different retail and institutional investors. Top institutional investors include River Road Asset Management LLC (0.67%), New York State Common Retirement Fund (0.52%), Scout Investments Inc. (0.48%), ZWJ Investment Counsel Inc. (0.33%), Poplar Forest Capital LLC (0.28%) and Investment Management Associates Inc. ADV (0.27%). Insiders that own company stock include Raul J Fernandez, Raul J Fernandez, William L Deckelman Jr and William L Deckelman, Jr.
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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.
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One share of DXC stock can currently be purchased for approximately $27.64.

DXC Technology (NYSE:DXC) has a market capitalization of $6.29 billion and generates $16.27 billion in revenue each year. The company earns $718 million in net income (profit) each year or $2.94 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.