DXC Technology (NYSE:DXC) Given New $9.00 Price Target at Morgan Stanley

DXC Technology (NYSE:DXC) had its price objective trimmed by Morgan Stanley from $15.00 to $9.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an equal weight rating on the stock.

Several other equities analysts have also issued reports on DXC. Wall Street Zen lowered DXC Technology from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Stifel Nicolaus set a $12.00 price target on DXC Technology in a research note on Friday, May 8th. BMO Capital Markets dropped their price target on DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a research note on Monday. Zacks Research lowered DXC Technology from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, Wolfe Research set a $13.00 price target on DXC Technology and gave the company an “underperform” rating in a research note on Friday, January 30th. Six analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, DXC Technology has an average rating of “Reduce” and a consensus price target of $12.75.

DXC Technology Stock Performance

Shares of DXC stock opened at $8.22 on Thursday. The business’s 50 day simple moving average is $11.88 and its 200 day simple moving average is $13.25. DXC Technology has a one year low of $7.90 and a one year high of $16.45. The stock has a market capitalization of $1.34 billion, a PE ratio of 136.92 and a beta of 0.85. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.36 and a quick ratio of 1.35.

DXC Technology (NYSE:DXC) last announced its earnings results on Thursday, May 7th. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.70 by $0.07. DXC Technology had a return on equity of 17.24% and a net margin of 0.14%.The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the prior year, the business posted $0.84 earnings per share. The firm’s revenue was down 1.2% on a year-over-year basis. DXC Technology has set its Q1 2027 guidance at 0.400-0.400 EPS and its FY 2027 guidance at 2.400-2.900 EPS. As a group, research analysts forecast that DXC Technology will post 2.74 earnings per share for the current year.

Insider Activity at DXC Technology

In other news, CEO Raul J. Fernandez acquired 28,051 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was purchased at an average price of $8.90 per share, for a total transaction of $249,653.90. Following the completion of the acquisition, the chief executive officer directly owned 844,052 shares in the company, valued at $7,512,062.80. The trade was a 3.44% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.61% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DXC Technology

A number of institutional investors and hedge funds have recently bought and sold shares of DXC. Royal Bank of Canada raised its position in DXC Technology by 156.3% in the 1st quarter. Royal Bank of Canada now owns 99,930 shares of the company’s stock valued at $1,703,000 after buying an additional 60,935 shares during the last quarter. Goldman Sachs Group Inc. raised its position in DXC Technology by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,239,558 shares of the company’s stock valued at $21,134,000 after buying an additional 49,228 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in DXC Technology by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 735,597 shares of the company’s stock valued at $12,542,000 after buying an additional 34,544 shares during the last quarter. Creative Planning raised its position in DXC Technology by 83.9% in the 2nd quarter. Creative Planning now owns 21,863 shares of the company’s stock valued at $334,000 after buying an additional 9,972 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in DXC Technology by 240.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock valued at $27,000 after buying an additional 1,227 shares during the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about DXC Technology

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

• Positive Sentiment: DXC announced it will host an Investor Day in New York City on June 11, 2026, which could give management a chance to refresh investors on strategy, margins, and growth plans. DXC Technology Schedules Investor Day
• Positive Sentiment: DXC said it will deliver secure hybrid cloud services for BAE Systems, a win that supports its enterprise technology pipeline and may help sentiment around future contract growth. DXC To Deliver Secure Hybrid Cloud For BAE Systems
• Neutral Sentiment: DXC’s shares have also been described as underperforming peers, reflecting broader investor skepticism about the company’s relative momentum. DXC Technology Co. stock underperforms Wednesday when compared to competitors
• Negative Sentiment: Morgan Stanley cut its price target on DXC Technology from $15 to $9 and kept an equal-weight rating, signaling reduced confidence in the stock’s upside. Benzinga report on Morgan Stanley price target cut
• Negative Sentiment: Zacks Research downgraded DXC from hold to strong sell, adding to the bearish analyst tone around the shares. Zacks downgrade
• Negative Sentiment: Another report said DXC’s price target was reduced by 11.39% to $13.60, reinforcing concerns that analysts see limited near-term recovery. MSN price target decrease report

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.