DXC Technology (DXC)
Market Price (7/9/2026): $9.575 | Market Cap: $1.6 BilSector: Information Technology | Industry: IT Consulting & Other Services
DXC Technology (DXC)
Market Price (7/9/2026): $9.575Market Cap: $1.6 BilSector: Information TechnologyIndustry: IT Consulting & Other Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% Attractive yieldFCF Yield is 51% Stock buyback supportStock Buyback 3Y Total is 1.2 Bil Megatrend and thematic driversMegatrends include Cloud Computing, Cybersecurity, and Automation & Robotics. Themes include Hybrid Cloud Solutions, Show more. | Weak multi-year price returns2Y Excs Rtn is -83%, 3Y Excs Rtn is -132% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 156% Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 90x Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.3%, Rev Chg QQuarterly Revenue Change % is -1.2% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.1% Key risksDXC key risks include [1] its struggle to pivot from a legacy business model to compete in high-growth digital and AI services, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% |
| Attractive yieldFCF Yield is 51% |
| Stock buyback supportStock Buyback 3Y Total is 1.2 Bil |
| Megatrend and thematic driversMegatrends include Cloud Computing, Cybersecurity, and Automation & Robotics. Themes include Hybrid Cloud Solutions, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -83%, 3Y Excs Rtn is -132% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 156% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 90x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.3%, Rev Chg QQuarterly Revenue Change % is -1.2% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.1% |
| Key risksDXC key risks include [1] its struggle to pivot from a legacy business model to compete in high-growth digital and AI services, Show more. |
Qualitative Assessment
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DXC Technology (DXC) stock has lost about 25% since 3/31/2026 because of the following key factors:
1. Disappointing Fiscal Q4 2026 Earnings and Weak Fiscal Year 2027 Guidance.
DXC Technology reported its fiscal Q4 2026 results on May 7, 2026, revealing a revenue of $3.13 billion, which was a 6.6% organic decline year-over-year and fell short of expectations. The diluted earnings per share (EPS) for Q4 FY26 was $(0.84), a significant decrease of 158.7% year-over-year. More critically, the company's initial fiscal year 2027 guidance projected an organic revenue decline of 3% to 5% and an EPS of $2.40-$2.90, which was below analyst expectations of $3.18 EPS and $12.66 billion in revenue, signaling continued operational challenges.
2. Significant Analyst Downgrades and Price Target Reductions.
Following the release of the underwhelming Q4 FY26 results and conservative FY27 guidance, multiple Wall Street analysts downgraded DXC Technology's stock and lowered their price targets. For instance, Morgan Stanley reduced its price target from $15 to $9 on May 14, 2026, while BMO Capital cut its target from $17 to $10 on May 11, 2026. The consensus rating for DXC Technology from analysts shifted to "Reduce" as of June 30, 2026, with an average price target of $12.75, reflecting a diminished outlook on the company's future performance.
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DXC Technology (DXC) stock has lost about 25% since 3/31/2026 because of the following key factors:
1. Disappointing Fiscal Q4 2026 Earnings and Weak Fiscal Year 2027 Guidance.
DXC Technology reported its fiscal Q4 2026 results on May 7, 2026, revealing a revenue of $3.13 billion, which was a 6.6% organic decline year-over-year and fell short of expectations. The diluted earnings per share (EPS) for Q4 FY26 was $(0.84), a significant decrease of 158.7% year-over-year. More critically, the company's initial fiscal year 2027 guidance projected an organic revenue decline of 3% to 5% and an EPS of $2.40-$2.90, which was below analyst expectations of $3.18 EPS and $12.66 billion in revenue, signaling continued operational challenges.
2. Significant Analyst Downgrades and Price Target Reductions.
Following the release of the underwhelming Q4 FY26 results and conservative FY27 guidance, multiple Wall Street analysts downgraded DXC Technology's stock and lowered their price targets. For instance, Morgan Stanley reduced its price target from $15 to $9 on May 14, 2026, while BMO Capital cut its target from $17 to $10 on May 11, 2026. The consensus rating for DXC Technology from analysts shifted to "Reduce" as of June 30, 2026, with an average price target of $12.75, reflecting a diminished outlook on the company's future performance.
3. Credit Rating Downgrade by Moody's.
On June 1, 2026, Moody's Ratings downgraded DXC Technology's senior unsecured and long-term issuer ratings to Baa3 from Baa2. This downgrade was attributed to "continued operational challenges and slower-than-expected progress in DXC's ability to stabilize revenue and profitability." Moody's specifically cited concerns about "further weakness in fiscal 2027 (ending March 2027)" and DXC's competitive position in the rapidly evolving market, particularly concerning advancements in artificial intelligence and generative AI.
4. Broader Sector Weakness in Information Technology Services.
DXC Technology's stock movement was also influenced by a broader downturn in the information technology services sector. On April 23, 2026, the stock plunged 7.0% as part of a sector-wide selloff, which saw other industry peers experience similar declines. This synchronized movement suggests that investors were rotating away from the IT services sector due to macroeconomic factors affecting technology spending and overall demand, rather than solely company-specific news.
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Stock Movement Drivers
Fundamental Drivers
The -23.8% change in DXC stock from 3/31/2026 to 7/8/2026 was primarily driven by a -95.7% change in the company's Net Income Margin (%).| (LTM values as of) | 3312026 | 7082026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.57 | 9.58 | -23.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,683 | 12,644 | -0.3% |
| Net Income Margin (%) | 3.3% | 0.1% | -95.7% |
| P/E Multiple | 5.1 | 89.7 | 1642.6% |
| Shares Outstanding (Mil) | 173 | 168 | 2.8% |
| Cumulative Contribution | -23.8% |
Market Drivers
3/31/2026 to 7/8/2026| Return | Correlation | |
|---|---|---|
| DXC | -23.8% | |
| Market (SPY) | 14.6% | -2.9% |
| Sector (XLK) | 36.5% | -17.2% |
Fundamental Drivers
The -34.6% change in DXC stock from 12/31/2025 to 7/8/2026 was primarily driven by a -95.1% change in the company's Net Income Margin (%).| (LTM values as of) | 12312025 | 7082026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.65 | 9.58 | -34.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,714 | 12,644 | -0.6% |
| Net Income Margin (%) | 2.9% | 0.1% | -95.1% |
| P/E Multiple | 7.0 | 89.7 | 1186.5% |
| Shares Outstanding (Mil) | 177 | 168 | 5.3% |
| Cumulative Contribution | -34.6% |
Market Drivers
12/31/2025 to 7/8/2026| Return | Correlation | |
|---|---|---|
| DXC | -34.6% | |
| Market (SPY) | 9.6% | 13.3% |
| Sector (XLK) | 26.2% | -0.3% |
Fundamental Drivers
The -37.3% change in DXC stock from 6/30/2025 to 7/8/2026 was primarily driven by a -95.3% change in the company's Net Income Margin (%).| (LTM values as of) | 6302025 | 7082026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.29 | 9.58 | -37.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,871 | 12,644 | -1.8% |
| Net Income Margin (%) | 3.0% | 0.1% | -95.3% |
| P/E Multiple | 7.1 | 89.7 | 1159.5% |
| Shares Outstanding (Mil) | 181 | 168 | 7.5% |
| Cumulative Contribution | -37.3% |
Market Drivers
6/30/2025 to 7/8/2026| Return | Correlation | |
|---|---|---|
| DXC | -37.3% | |
| Market (SPY) | 21.7% | 21.6% |
| Sector (XLK) | 43.8% | 6.7% |
Fundamental Drivers
The -64.1% change in DXC stock from 6/30/2023 to 7/8/2026 was primarily driven by a -69.2% change in the company's P/S Multiple.| (LTM values as of) | 6302023 | 7082026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.72 | 9.58 | -64.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14,430 | 12,644 | -12.4% |
| P/S Multiple | 0.4 | 0.1 | -69.2% |
| Shares Outstanding (Mil) | 224 | 168 | 33.0% |
| Cumulative Contribution | -64.1% |
Market Drivers
6/30/2023 to 7/8/2026| Return | Correlation | |
|---|---|---|
| DXC | -64.1% | |
| Market (SPY) | 74.1% | 37.0% |
| Sector (XLK) | 112.6% | 26.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DXC Return | 25% | -18% | -14% | -13% | -27% | -31% | -61% |
| Peers Return | 29% | -20% | 30% | 15% | 9% | -29% | 19% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| DXC Win Rate | 58% | 42% | 50% | 50% | 42% | 14% | |
| Peers Win Rate | 61% | 42% | 64% | 64% | 47% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| DXC Max Drawdown | -32% | -40% | -36% | -38% | -47% | -47% | |
| Peers Max Drawdown | -15% | -33% | -17% | -21% | -29% | -47% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACN, IBM, CTSH. See DXC Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/8/2026 (YTD)
How Low Can It Go
| Event | DXC | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -68.8% | -33.7% |
| % Gain to Breakeven | 220.1% | 50.9% |
| Time to Breakeven | 296 days | 140 days |
In The Past
DXC Technology's stock fell -4.1% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 4.3% gain to breakeven.
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| Event | DXC | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -68.8% | -33.7% |
| % Gain to Breakeven | 220.1% | 50.9% |
| Time to Breakeven | 296 days | 140 days |
In The Past
DXC Technology's stock fell -4.1% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 4.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About DXC Technology (DXC)
DXC Technology is a global information technology services and solutions provider that assists large enterprises with their digital transformation initiatives across North America, Europe, Asia, and Australia. The company helps clients modernize their technology infrastructure, develop innovative software solutions, and streamline critical business operations to enhance efficiency and agility.
DXC's services are divided into two main segments. Its Global Business Services (GBS) segment focuses on accelerating digital transformation through analytics, custom software engineering, and application modernization. This includes building and maintaining secure applications, providing data-driven insights, and automating complex business processes for both front and back-office functions.
The Global Infrastructure Services (GIS) segment is dedicated to managing and securing clients' core IT environments. This involves migrating legacy systems to cloud platforms, implementing robust cybersecurity solutions, and offering comprehensive IT outsourcing for infrastructure, applications, and workplace IT operations. DXC Technology's offerings are designed for large organizations aiming to improve their IT landscape, often leveraging strategic collaborations such as its partnership with Microsoft.
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- Accenture for enterprise IT outsourcing and digital transformation.
- Like IBM's services division, specializing in managing and securing the core IT infrastructure for large enterprises.
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DXC Technology provides the following major services:
- Analytics Services: Helps customers gain rapid insights, automate operations, and accelerate digital transformation journeys.
- Software Engineering & Solutions: Enables businesses to run and manage mission-critical functions and develop new ways of doing business.
- Application Services: Focuses on the creation, modernization, delivery, and maintenance of secure applications.
- Business Process Services: Includes the integration and optimization of front and back office processes and agile process automation.
- Cloud Services: Helps adapt legacy applications to cloud, migrate workloads, and securely manage multi-cloud environments.
- Security Solutions: Assists in predicting attacks, proactively responding to threats, ensuring compliance, and protecting data, applications, and infrastructure.
- IT Outsourcing Services: Supports infrastructure, applications, and workplace IT operations, including hardware, software, and end-user devices.
- Workplace & Mobility Services: Offers intelligent collaboration, modern device management, digital support, Internet of Things, and mobility services.
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DXC Technology (DXC) primarily sells its information technology services and solutions to other businesses (B2B) across a wide range of industries and geographic regions globally. These industries include, but are not limited to, financial services, healthcare, manufacturing, public sector, and insurance.
Due to the diversified nature of its client base, DXC Technology does not publicly disclose specific individual major customers that account for a significant portion of its revenue (e.g., 10% or more) in its public filings. Therefore, it is not possible to list specific major customer companies or their symbols.
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Raul Fernandez, President and Chief Executive Officer
Raul Fernandez was appointed President and CEO of DXC Technology in February 2024, having served as Interim President and CEO since December 2023. He has been a member of DXC's Board of Directors since August 2020. An entrepreneur, investor, executive, and board member, Fernandez brings over three decades of experience scaling innovative and rapidly growing technology companies. He founded Proxicom in 1991, which evolved into a prominent global provider of e-commerce solutions for Fortune 500 companies, went public in 1999, and was subsequently acquired by Dimension Data in 2001. From 2000 to 2002, he served as CEO for Dimension Data North America. He also served as Chairman and CEO for ObjectVideo, a leading developer of intelligent video surveillance software, which was sold to Alarm.com in 2017. Currently, Fernandez is Vice Chairman and co-owner of Monumental Sports & Entertainment, which owns several Washington D.C. sports franchises including the NHL's Washington Capitals, the WNBA's Washington Mystics, and the NBA's Washington Wizards. He also serves as a director of Broadcom.
Rob Del Bene, Executive Vice President and Chief Financial Officer
Rob Del Bene was appointed Executive Vice President and Chief Financial Officer for DXC Technology, effective June 15, 2023. He is a seasoned financial executive with more than 40 years of experience in various senior leadership positions. Prior to joining DXC, Del Bene spent over a decade at IBM, where his roles included Vice President and Controller; General Manager, IBM Global Financing; Vice-President and Treasurer; and CFO, IBM Global Services Group for five years. Most recently, he served as General Manager at IBM Technology Lifecycle Services, a $6 billion technology support business. Del Bene holds an MBA from Duke University and a Bachelor of Science in Accounting from Pace University.
Jim Brady, Executive Vice President and Chief Operating Officer
Jim Brady serves as the Executive Vice President and Chief Operating Officer for DXC Technology.
Chris Drumgoole, President, Global Infrastructure Services
Chris Drumgoole is the President of Global Infrastructure Services for DXC Technology. He is also identified as the General Manager of Cloud and Infrastructure Services.
Mary Finch, Chief People Officer
Mary Finch is the Executive Vice President and Chief People Officer (CHRO) for DXC Technology.
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Here are the key risks to DXC Technology:
- Uncertain Macroeconomic Environment and Client Spending: DXC Technology faces significant challenges from an uncertain macroeconomic environment, which often leads to more cautious spending patterns among clients, particularly concerning large-scale IT projects. This can make it difficult for DXC to secure new contracts and maintain current revenue levels, as clients may delay or reduce significant IT investments during periods of economic uncertainty. The company's exposure to larger projects makes it particularly vulnerable to these economic fluctuations.
- Market and Competitive Risks, and Transformation Challenges: The IT services market is characterized by rapid technological changes, requiring continuous innovation and adaptation. DXC Technology's legacy business model and ongoing transformation efforts create internal friction, potentially slowing the pace of change and making it challenging to compete with more agile, AI-native competitors. The company must retrain its workforce and develop new capabilities to effectively pivot towards higher-growth areas of IT services. The Global Infrastructure Services (GIS) segment, in particular, has experienced significant revenue decline, further highlighting the challenges in adapting to evolving market demands.
- Cybersecurity Risks: As a global provider of information technology services, DXC Technology is increasingly vulnerable to sophisticated cyber-attacks and security breaches. Such incidents could lead to service interruptions, significant financial losses, and severe damage to its reputation. The growing integration of artificial intelligence into services also introduces new cybersecurity risks, as threat actors leverage advanced tools to circumvent existing security measures.
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The continuous expansion of comprehensive managed services and direct support offerings by hyperscale cloud providers (such as Microsoft Azure, Amazon Web Services, and Google Cloud Platform) poses a clear emerging threat. As these cloud providers increasingly offer sophisticated tools and services for cloud migration, multi-cloud management, cybersecurity, and even IT operations and business process automation, they could directly compete with or diminish the scope of services provided by DXC Technology, potentially disintermediating DXC from certain client relationships and reducing the demand for traditional IT outsourcing and integration services.
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-
Global Business Services (GBS) Segment:
- Analytics Services: The global analytics as a service (AaaS) market size was valued at USD 33.7 billion in 2025 and is projected to reach USD 169.8 billion by 2034.
- Software Engineering and Solutions:
- The global engineering software market size was valued at USD 53.92 billion in 2025 and is predicted to increase to approximately USD 246.51 billion by 2034.
- The global business software and services market size was valued at USD 666.37 billion in 2025 and is projected to grow to USD 1,523.46 billion by 2034.
- The global software development market size is expected to grow from USD 570 billion in 2025 to USD 1.11 trillion by 2031.
- Business Process Services: The global Business Processing Outsourcing (BPO) market size is projected to expand from USD 406.34 billion in 2025 to USD 623.26 billion by 2031.
-
Global Infrastructure Services (GIS) Segment:
- Cloud Services:
- The global cloud computing market size was valued at USD 781.27 billion in 2025 and is projected to grow to USD 2,904.52 billion by 2034.
- The global Infrastructure as a Service (IaaS) market size was calculated at USD 106.04 billion in 2025 and is predicted to increase to approximately USD 1061.67 billion by 2035.
- Security Solutions: The global cybersecurity market size was valued at USD 218.98 billion in 2025 and is projected to grow to USD 699.39 billion by 2034.
- IT Outsourcing Services: The global IT services outsourcing market size was estimated at USD 744.62 billion in 2024 and is expected to reach USD 1,219.31 billion by 2030.
- Workplace and Mobility Services:
- The global workplace services market size was valued at USD 118.20 billion in 2024 and is expected to reach USD 222.04 billion by 2032.
- The global managed mobility services market size was valued at USD 39.62 billion in 2024 and is expected to reach USD 343.65 billion by 2033.
- Cloud Services:
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DXC Technology (DXC) is focusing on several key areas to drive future revenue growth over the next two to three years:
- AI-driven "Fast Track" Initiatives: DXC Technology is deploying AI-native and AI-infused solutions through its Fast Track initiatives. These offerings are designed to generate higher growth and margins, with an ambitious goal to represent 10% of run-rate revenue by the second quarter of fiscal year 2029. CEO Raul Fernandez emphasized that these AI-based SaaS solutions are highly replicable and built on proprietary methodologies, models, and frameworks, creating defensible competitive advantages.
- Strategic Partnerships and Ecosystem Expansion: The company actively pursues strategic partnerships to enhance its service offerings and expand market reach, which is crucial for delivering innovative solutions and maintaining competitiveness. Notably, DXC was recognized as the 2024 ServiceNow Global Transformation Partner of the Year. Recent partnerships, including those with Ripple, Euronet, Aptys, and Splitit, are aimed at expanding banking solutions.
- Modernization and Expansion of Specialized Industry Solutions: DXC is concentrating on modernizing operations for specific industries, particularly in banking and insurance. A significant 10-year agreement with a Spanish financial institution to modernize its banking operations by integrating AI solutions exemplifies this focus. The company plans to leverage its legacy Hogan core banking platform to develop new "agentic" offerings for banking clients. The insurance segment has also demonstrated organic revenue growth. Additionally, DXC aims to double its SAP consulting revenue over the next three years.
- Digital Transformation and Cloud Migration Services: DXC's strategic approach includes enhancing its service portfolio with a strong emphasis on digital transformation services, cloud migration, and cybersecurity solutions. These are considered critical for businesses navigating the modern digital economy. The company's "Core Track" strategy focuses on positioning DXC as a trusted operator in these established business areas, delivering certainty at scale.
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Share Repurchases
- In fiscal year 2024, DXC Technology returned over $880 million to shareholders through share repurchases, which accounted for approximately 18% of its outstanding shares.
- Under a buyback plan announced on May 18, 2023, the company completed the repurchase of 21,709,370 shares for $459 million by June 30, 2025.
- Share buybacks decreased significantly from $898 million in fiscal year 2024 to $14 million in fiscal year 2025.
Share Issuance
- DXC Technology's shares outstanding have generally declined over the past several years, from approximately 0.25 billion in 2021 to 0.17 billion at the end of 2025, indicating a net reduction through repurchases rather than significant issuances.
Inbound Investments
- There is no information available regarding large investments made in DXC Technology by third parties during the last 3-5 years.
Outbound Investments
- Information regarding significant outbound investments (acquisitions of other companies) with disclosed dollar amounts within the last 3-5 years is not readily available. The most notable acquisition, Luxoft for $2 billion, occurred in January 2019, prior to this period.
Capital Expenditures
- For fiscal year 2024, capital expenditures amounted to $605 million.
- In the third quarter of fiscal year 2026 (ending December 31, 2025), capital expenditures totaled $55 million.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 89.00 |
| Mkt Cap | 51.6 |
| Rev LTM | 45,159 |
| Op Inc LTM | 7,447 |
| FCF LTM | 7,364 |
| FCF 3Y Avg | 6,249 |
| CFO LTM | 7,970 |
| CFO 3Y Avg | 6,694 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.6% |
| Rev Chg 3Y Avg | 3.9% |
| Rev Chg Q | 5.7% |
| QoQ Delta Rev Chg LTM | 1.4% |
| Op Inc Chg LTM | 8.7% |
| Op Inc Chg 3Y Avg | 10.7% |
| Op Mgn LTM | 15.8% |
| Op Mgn 3Y Avg | 15.5% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 15.5% |
| CFO/Rev 3Y Avg | 13.7% |
| FCF/Rev LTM | 14.4% |
| FCF/Rev 3Y Avg | 12.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 51.6 |
| P/S | 1.0 |
| P/Op Inc | 6.6 |
| P/EBIT | 6.7 |
| P/E | 18.5 |
| P/CFO | 6.8 |
| Total Yield | 8.9% |
| Dividend Yield | 1.5% |
| FCF Yield 3Y Avg | 6.3% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.2% |
| 3M Rtn | -27.2% |
| 6M Rtn | -42.3% |
| 12M Rtn | -43.3% |
| 3Y Rtn | -42.3% |
| 1M Excs Rtn | -8.4% |
| 3M Excs Rtn | -40.7% |
| 6M Excs Rtn | -48.0% |
| 12M Excs Rtn | -62.5% |
| 3Y Excs Rtn | -110.6% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Global Business Services (GBS) | 6,646 | 6,820 | 6,960 | 7,598 | 8,336 |
| Global Infrastructure Services (GIS) | 6,225 | 6,847 | 7,470 | 8,667 | 9,393 |
| All Other | 0 | 0 | |||
| Total | 12,871 | 13,667 | 14,430 | 16,265 | 17,729 |
| $ Mil | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Global Business Services (GBS) | 305 | 381 | |||
| Global Infrastructure Services (GIS) | 107 | 216 | |||
| Corporate | -55 | -82 | -70 | -68 | -116 |
| Eliminations | -1,224 | -263 | -293 | ||
| GBS | 405 | 547 | |||
| GIS | 162 | 342 | |||
| NPS | 591 | 501 | 519 | ||
| BSS | 136 | ||||
| MSS | 361 | ||||
| Total | 357 | 515 | -136 | 1,059 | 607 |
| $ Mil | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|
| Global Commercial Sector | 11,556 | 9,477 | 8,294 | 8,866 | 7,937 |
| North American Public sector | 3,592 | 3,685 | |||
| Corporate | 627 | 569 | 1,138 | 598 | 393 |
| U.S. Federal Sector | 3,512 | 3,170 | 3,474 | ||
| Total | 15,775 | 13,730 | 12,943 | 12,634 | 11,804 |
Price Behavior
| Market Price | $9.58 | |
| Market Cap ($ Bil) | 1.6 | |
| First Trading Date | 03/01/2007 | |
| Distance from 52W High | -40.3% | |
| 50 Days | 200 Days | |
| DMA Price | $9.69 | $12.55 |
| DMA Trend | down | down |
| Distance from DMA | -1.1% | -23.7% |
| 3M | 1YR | |
| Volatility | 76.5% | 53.9% |
| Downside Capture | 29.44 | 118.49 |
| Upside Capture | -93.72 | 30.44 |
| Correlation (SPY) | -4.4% | 21.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.34 | -0.57 | 0.17 | 0.64 | 0.94 | 1.16 |
| Up Beta | -1.02 | -2.00 | 0.24 | 0.78 | 1.09 | 1.12 |
| Down Beta | 1.37 | 1.14 | 0.53 | 0.96 | 1.25 | 1.36 |
| Up Capture | -27% | -132% | -48% | -14% | 22% | 46% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 7 | 18 | 28 | 56 | 120 | 376 |
| Down Capture | 93% | -16% | 79% | 113% | 115% | 108% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 13 | 21 | 33 | 67 | 123 | 362 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DXC | |
|---|---|---|---|---|
| DXC | -38.7% | 53.9% | -0.70 | - |
| Sector ETF (XLK) | 43.1% | 24.2% | 1.42 | 6.9% |
| Equity (SPY) | 21.2% | 12.5% | 1.26 | 21.5% |
| Gold (GLD) | 21.9% | 27.8% | 0.70 | -5.6% |
| Commodities (DBC) | 25.0% | 18.7% | 1.06 | -11.7% |
| Real Estate (VNQ) | 12.7% | 13.9% | 0.62 | 17.3% |
| Bitcoin (BTCUSD) | -41.4% | 42.8% | -1.13 | 14.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DXC | |
|---|---|---|---|---|
| DXC | -24.2% | 46.6% | -0.43 | - |
| Sector ETF (XLK) | 20.6% | 25.5% | 0.72 | 35.5% |
| Equity (SPY) | 13.2% | 17.1% | 0.60 | 44.5% |
| Gold (GLD) | 17.8% | 18.3% | 0.79 | -0.3% |
| Commodities (DBC) | 7.8% | 19.5% | 0.30 | 9.9% |
| Real Estate (VNQ) | 2.8% | 18.9% | 0.05 | 35.6% |
| Bitcoin (BTCUSD) | 12.1% | 53.5% | 0.41 | 17.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DXC | |
|---|---|---|---|---|
| DXC | -15.9% | 51.9% | -0.15 | - |
| Sector ETF (XLK) | 25.5% | 24.7% | 0.93 | 43.9% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 53.6% |
| Gold (GLD) | 11.5% | 16.1% | 0.58 | 0.1% |
| Commodities (DBC) | 6.4% | 18.0% | 0.28 | 19.6% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.22 | 45.2% |
| Bitcoin (BTCUSD) | 58.0% | 66.2% | 0.98 | 16.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/10/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | -21.5% | -31.6% | -25.9% |
| 1/29/2026 | 0.1% | -1.5% | -15.4% |
| 10/30/2025 | 9.7% | 5.4% | 4.8% |
| 7/31/2025 | -5.5% | -2.6% | 6.2% |
| 5/14/2025 | -3.3% | -10.9% | -5.9% |
| 2/4/2025 | -2.2% | -11.2% | -20.6% |
| 11/7/2024 | -4.1% | -4.0% | -1.3% |
| 8/8/2024 | 7.1% | 7.1% | 12.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 12 |
| # Negative | 11 | 12 | 12 |
| Median Positive | 6.5% | 6.3% | 8.3% |
| Median Negative | -7.5% | -7.4% | -12.5% |
| Max Positive | 16.0% | 25.9% | 23.5% |
| Max Negative | -29.4% | -31.6% | -25.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | -21.5% | -31.6% | -25.9% |
| 1/29/2026 | 0.1% | -1.5% | -15.4% |
| 10/30/2025 | 9.7% | 5.4% | 4.8% |
| 7/31/2025 | -5.5% | -2.6% | 6.2% |
| 5/14/2025 | -3.3% | -10.9% | -5.9% |
| 2/4/2025 | -2.2% | -11.2% | -20.6% |
| 11/7/2024 | -4.1% | -4.0% | -1.3% |
| 8/8/2024 | 7.1% | 7.1% | 12.5% |
| 5/16/2024 | -16.9% | -19.8% | -9.7% |
| 2/1/2024 | 0.1% | 1.8% | -4.2% |
| 11/1/2023 | 10.0% | 7.4% | 16.5% |
| 8/2/2023 | -29.4% | -25.8% | -23.4% |
| 5/18/2023 | 2.5% | 1.6% | 14.7% |
| 2/1/2023 | 2.6% | -2.1% | 0.2% |
| 11/3/2022 | 7.5% | 12.8% | 6.5% |
| 8/3/2022 | -17.0% | -16.5% | -15.3% |
| 5/25/2022 | 16.0% | 19.3% | 9.7% |
| 2/2/2022 | 13.8% | 25.9% | -2.2% |
| 11/3/2021 | 4.2% | 3.4% | -7.1% |
| 8/4/2021 | -8.2% | -2.2% | -15.5% |
| 5/26/2021 | 4.0% | 9.3% | 6.9% |
| 2/4/2021 | -1.9% | -3.1% | 6.0% |
| 11/5/2020 | -7.5% | 3.6% | 23.5% |
| 8/6/2020 | 6.5% | 5.1% | 10.5% |
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 12 |
| # Negative | 11 | 12 | 12 |
| Median Positive | 6.5% | 6.3% | 8.3% |
| Median Negative | -7.5% | -7.4% | -12.5% |
| Max Positive | 16.0% | 25.9% | 23.5% |
| Max Negative | -29.4% | -31.6% | -25.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-K |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-K |
| 12/31/2024 | 02/05/2025 | 10-Q |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/17/2024 | 10-K |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/19/2023 | 10-K |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-K |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-K |
| 12/31/2024 | 02/05/2025 | 10-Q |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/17/2024 | 10-K |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/19/2023 | 10-K |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/26/2022 | 10-K |
| 12/31/2021 | 02/03/2022 | 10-Q |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/28/2021 | 10-K |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/07/2020 | 10-Q |
| 03/31/2020 | 06/01/2020 | 10-K |
| 12/31/2019 | 02/07/2020 | 10-Q |
| 09/30/2019 | 11/12/2019 | 10-Q |
| 06/30/2019 | 08/09/2019 | 10-Q |
Recent Forward Guidance
Updated 5/31/2026Latest: Q4 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Revenue | 2.97 Bil | 2.98 Bil | 3.00 Bil | ||||
| Q1 2027 Adjusted EBIT margin | 5.0% | ||||||
| Q1 2027 Non-GAAP Diluted EPS | 0.4 | ||||||
| 2027 Revenue | 12.11 Bil | 12.23 Bil | 12.35 Bil | -3.6% | Lower New | Actual: 12.69 Bil for 2026 | |
| 2027 Adjusted EBIT margin | 6.0% | 6.5% | 7.0% | -13.3% | -1.0% | Lower New | Actual: 7.5% for 2026 |
| 2027 Non-GAAP Diluted EPS | 2.4 | 2.65 | 2.9 | -15.9% | Lower New | Actual: 3.15 for 2026 | |
| 2027 Free Cash Flow | 600.00 Mil | -7.7% | Lower New | Actual: 650.00 Mil for 2026 | |||
Prior: Q3 2026 Earnings Reported 1/29/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | 3.16 Bil | 3.17 Bil | 3.19 Bil | -0.8% | Lowered | Guidance: 3.20 Bil for Q3 2026 | |
| Q4 2026 Adjusted EBIT margin | 6.5% | 7.0% | 7.5% | -6.7% | -0.5% | Lowered | Guidance: 7.5% for Q3 2026 |
| Q4 2026 Non-GAAP Diluted EPS | 0.65 | 0.7 | 0.75 | -12.5% | Lowered | Guidance: 0.8 for Q3 2026 | |
| 2026 Revenue | 12.69 Bil | -0.4% | Lowered | Guidance: 12.74 Bil for 2026 | |||
| 2026 Adjusted EBIT margin | 7.5% | 0 | 0 | Affirmed | Guidance: 7.5% for 2026 | ||
| 2026 Non-GAAP diluted EPS | 3.15 | 1.6% | Raised | Guidance: 3.1 for 2026 | |||
| 2026 Free Cash Flow | 650.00 Mil | 0 | Affirmed | Guidance: 650.00 Mil for 2026 | |||
Q2 2026 Earnings Reported 10/30/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Revenue | 3.18 Bil | 3.20 Bil | 3.22 Bil | 1.1% | Raised | Guidance: 3.17 Bil for Q2 2026 | |
| Q3 2026 Adjusted EBIT Margin | 7.0% | 7.5% | 8.0% | 7.1% | 0.5% | Raised | Guidance: 7.0% for Q2 2026 |
| Q3 2026 Non-GAAP Diluted EPS | 0.75 | 0.8 | 0.85 | 14.3% | Raised | Guidance: 0.7 for Q2 2026 | |
| 2026 Revenue | 12.67 Bil | 12.74 Bil | 12.81 Bil | 0 | Affirmed | Guidance: 12.74 Bil for 2026 | |
| 2026 Adjusted EBIT Margin | 7.0% | 7.5% | 8.0% | 0 | 0 | Affirmed | Guidance: 7.5% for 2026 |
| 2026 Non-GAAP Diluted EPS | 2.85 | 3.1 | 3.35 | 0 | Affirmed | Guidance: 3.1 for 2026 | |
| 2026 Free Cash Flow | 650.00 Mil | 8.3% | Raised | Guidance: 600.00 Mil for 2026 | |||
Insider Activity
Updated 6/18/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Fernandez, Raul J | President and CEO | Direct | Buy | 5112026 | 8.90 | 28,051 | 249,512 | 7,507,845 | Form |
| 2 | Fernandez, Raul J | President and CEO | Direct | Buy | 2032026 | 15.24 | 16,446 | 250,706 | 12,439,282 | Form |
| 3 | Voci, Christopher Anthony | SVP, Controller and PAO | Direct | Sell | 12122025 | 15.15 | 2,500 | 37,880 | 1,342,543 | Form |
| 4 | Voci, Christopher Anthony | SVP, Controller and PAO | Direct | Sell | 9152025 | 14.52 | 2,500 | 36,288 | 1,322,389 | Form |
| 5 | Gonzalez, Anthony | Direct | Sell | 8152025 | 13.78 | 12,300 | 169,520 | 472,726 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Fernandez, Raul J | President and CEO | Direct | Buy | 5112026 | 8.90 | 28,051 | 249,512 | 7,507,845 | Form |
| 2 | Fernandez, Raul J | President and CEO | Direct | Buy | 2032026 | 15.24 | 16,446 | 250,706 | 12,439,282 | Form |
| 3 | Voci, Christopher Anthony | SVP, Controller and PAO | Direct | Sell | 12122025 | 15.15 | 2,500 | 37,880 | 1,342,543 | Form |
| 4 | Voci, Christopher Anthony | SVP, Controller and PAO | Direct | Sell | 9152025 | 14.52 | 2,500 | 36,288 | 1,322,389 | Form |
| 5 | Gonzalez, Anthony | Direct | Sell | 8152025 | 13.78 | 12,300 | 169,520 | 472,726 | Form | |
| 6 | Voci, Christopher Anthony | SVP, Controller and PAO | Direct | Sell | 6112025 | 15.93 | 2,500 | 39,836 | 1,491,540 | Form |
DXC Technology — Investor Video Playlist
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| IT Consulting & Other Services Resources |
| IDC |
| Forrester |
| Consultancy.org |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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