DXC Technology (NYSE:DXC) Releases Q2 2027 Earnings Guidance

DXC Technology (NYSE:DXC) issued an update on its second quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 0.550-0.550 for the period, compared to the consensus estimate of 0.710. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DXC. Morgan Stanley reduced their price objective on shares of DXC Technology from $15.00 to $9.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. BMO Capital Markets dropped their price target on shares of DXC Technology from $17.00 to $10.00 and set a “market perform” rating for the company in a research report on Monday, May 11th. TD Cowen cut their price target on shares of DXC Technology from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Thursday, July 9th. Weiss Ratings downgraded DXC Technology from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 11th. Finally, Zacks Research upgraded DXC Technology from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Seven equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $12.25.

DXC Technology Price Performance

Shares of NYSE:DXC traded down $0.49 on Thursday, hitting $11.28. The stock had a trading volume of 5,443,248 shares, compared to its average volume of 3,916,183. DXC Technology has a twelve month low of $7.90 and a twelve month high of $15.68. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.36 and a current ratio of 1.36. The firm’s 50 day moving average price is $9.36 and its 200-day moving average price is $11.47. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 187.92 and a beta of 0.82.

DXC Technology (NYSE:DXC) last announced its earnings results on Thursday, July 30th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.99 billion. DXC Technology had a return on equity of 17.24% and a net margin of 0.14%.DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. On average, equities research analysts predict that DXC Technology will post 2.61 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Raul J. Fernandez bought 28,051 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was bought at an average price of $8.90 per share, for a total transaction of $249,653.90. Following the completion of the purchase, the chief executive officer owned 844,052 shares of the company’s stock, valued at approximately $7,512,062.80. The trade was a 3.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.13% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Meeder Asset Management Inc. grew its stake in shares of DXC Technology by 68.0% during the fourth quarter. Meeder Asset Management Inc. now owns 22,086 shares of the company’s stock valued at $324,000 after purchasing an additional 8,940 shares during the last quarter. Vinva Investment Management Ltd bought a new position in DXC Technology in the 4th quarter valued at $317,000. Man Group plc acquired a new stake in shares of DXC Technology in the 3rd quarter valued at $300,000. HighTower Advisors LLC raised its position in shares of DXC Technology by 16.3% during the fourth quarter. HighTower Advisors LLC now owns 20,419 shares of the company’s stock worth $299,000 after acquiring an additional 2,863 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in shares of DXC Technology during the fourth quarter valued at $248,000. 96.20% of the stock is owned by institutional investors.

About DXC Technology

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.