DXC Technology (NYSE:DXC) Stock Price Target Raised at Susquehanna

DXC Technology (NYSE:DXC) had its target price raised by Susquehanna from $10.00 to $12.00 in a research note released on Friday,Benzinga reports. Susquehanna currently has a neutral rating on the stock.

Other equities analysts also recently issued research reports about the company. TD Cowen lifted their price objective on DXC Technology from $10.00 to $12.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Zacks Research upgraded DXC Technology from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Royal Bank Of Canada lowered their target price on DXC Technology from $16.00 to $14.00 and set a “sector perform” rating for the company in a research note on Friday, July 31st. Stifel Nicolaus cut their price target on DXC Technology from $12.00 to $10.50 and set a “hold” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of DXC Technology from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, October 6th. Seven research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $12.06.

DXC Technology Price Performance

Shares of DXC Technology stock opened at $14.98 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 23.05 and a beta of 0.79. DXC Technology has a 1-year low of $7.90 and a 1-year high of $16.38. The firm’s 50-day moving average price is $12.28 and its two-hundred day moving average price is $11.59.

DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.12. DXC Technology had a net margin of 0.91% and a return on equity of 14.35%. The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter last year, the business posted $0.84 earnings per share. The company’s revenue was down 4.1% on a year-over-year basis. On average, equities analysts predict that DXC Technology will post 2.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On DXC Technology

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in DXC Technology by 21.5% in the second quarter. BlackRock Inc. now owns 28,276,735 shares of the company’s stock valued at $250,249,000 after acquiring an additional 4,994,936 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of DXC Technology by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,029,966 shares of the company’s stock valued at $126,068,000 after acquiring an additional 258,819 shares during the last quarter. State Street Corp raised its position in shares of DXC Technology by 25.0% during the 2nd quarter. State Street Corp now owns 7,683,280 shares of the company’s stock valued at $67,997,000 after acquiring an additional 1,536,243 shares during the last quarter. Nykredit A S bought a new stake in shares of DXC Technology during the 2nd quarter valued at $51,580,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of DXC Technology by 58.3% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,564,754 shares of the company’s stock valued at $13,848,000 after purchasing an additional 576,353 shares during the period. Institutional investors own 96.20% of the company’s stock.

Key Headlines Impacting DXC Technology

Here are the key news stories impacting DXC Technology this week:

• Positive Sentiment: Quarterly results exceeded expectations: DXC reported fiscal Q2 FY2027 non-GAAP EPS of $0.67, above the $0.55 consensus estimate, while revenue of $3.03 billion topped expectations of $2.98 billion. DXC Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Cash flow improved: First-half fiscal 2027 free cash flow rose to $405 million from $337 million a year earlier, and DXC repurchased $60 million of stock during the quarter. DXC Technology Reports Second Quarter Fiscal Year 2027 Results
• Neutral Sentiment: Susquehanna raised its price target on DXC from $10 to $12 but maintained a “neutral” rating. The new target still implies roughly 20% downside from the referenced share price, signaling limited analyst confidence despite the higher valuation estimate. Susquehanna Raises DXC Price Target
• Negative Sentiment: Underlying operating trends remained weak: Revenue declined about 4% year over year to $3.03 billion, adjusted EBIT margin was 6.2%, and non-GAAP EPS fell 20.2% from the prior-year quarter. GAAP diluted EPS was $0.15. DXC Fiscal 2027 Second-Quarter Results
• Negative Sentiment: Management projected a 5% to 5.5% organic revenue decline for FY2027 while evaluating strategic actions, including insurance options. That outlook overshadowed the earnings and revenue beats and is the primary catalyst pressuring the stock. DXC Projects FY2027 Organic Revenue Decline

About DXC Technology

DXC Technology (NYSE: DXC) is a global information technology services and solutions company that helps organizations modernize and manage their technology environments. Its services include consulting, application development and management, cloud migration and operations, cybersecurity, data and analytics, enterprise technology management, and workplace and end-user services.

The company serves businesses and government organizations across a range of industries, including financial services, healthcare, insurance, manufacturing, aerospace and defense, automotive, retail, and the public sector.