# DXC Technology Company (DXC)

> Source: Nexqual · https://nexqual.com/DXC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, DXC Technology Company (DXC), nexqual.com/DXC" · informational, not investment advice.

**Price:** USD 16.08 (+4.42% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 15.4 · day 15.09–16.14 · 52w 7.9–16.14 · market cap $2.57B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $12.5B, net income $124M (1.0% margin), free cash flow $1.25B (SEC filings).
- Valuation: P/E 20.7x (avg 59.7x at the last 3 fiscal year-ends), EV/EBITDA 2.0x, net debt $1.55B.
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $250K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.25 on a 1–5 scale) (8 analysts), mean target USD 11.21 (range 9–14).
- Total return with dividends: 1Y +20.3% vs S&P 500 +14.9%; 5Y -53.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.59, revenue estimate $3.00B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $16.3B | $14.4B | $13.7B | $12.9B | $12.6B | $12.5B |
| Operating income | $1.38B | $1.14B | $1.01B | $1.02B | $970M | $904M |
| Net income | $718M | -$568M | $91.0M | $389M | $18.0M | $124M |
| EPS (diluted) | $2.81 | -$2.48 | $0.46 | $2.10 | $0.10 | — |
| Free cash flow | $1.25B | $1.15B | $1.18B | $1.15B | $1.04B | $1.25B |
| Operating margin | 8.5% | 7.9% | 7.4% | 7.9% | 7.7% | 7.2% |
| Net margin | 4.4% | -3.9% | 0.7% | 3.0% | 0.1% | 1.0% |
| Revenue growth | -8.3% | -11.3% | -5.3% | -5.8% | -1.8% | — |
| Cash + short-term investments | $2.67B | $1.86B | $1.22B | $1.80B | $1.74B | — |
| Total debt | $4.60B | $4.29B | $4.09B | $3.88B | $3.55B | — |
Fiscal years end Mar. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 20.7x · P/S 0.2x · EV/EBITDA 2.0x · EV/Sales 0.3x · P/FCF 2.1x · P/B 0.8x · FCF yield 48.73% · Earnings yield 4.83% · Buyback yield (TTM) 10.59% · Net debt $1.55B · EV $4.12B
P/E at fiscal year-ends: Mar 2026 124.8x, Mar 2025 8.1x, Mar 2024 46.3x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $250K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-11 | Fernandez Raul J | President and CEO | 28,051 | $250K | 8.9 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 3.25 on a 1–5 scale), 8 analysts; mean target USD 11.21 (low 9, high 14).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-03 | TD Cowen | Target raised | Hold | $10 → $12 |
| 2026-07-31 | RBC Capital | Target lowered | Sector Perform | $16 → $14 |
| 2026-07-31 | Stifel | Target lowered | Hold | $12 → $10.5 |
| 2026-07-09 | TD Cowen | Target lowered | Hold | $11 → $10 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +20.3% | -53.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +20.4% | -14.2% |
| Volatility (annualized) | 58.9% | 45.0% |
| Max drawdown | -46.7% (Dec 2025→May 2026) | -76.7% (Feb 2022→Jun 2026) |

## Peers (Information Technology Services)
CHRN (ChronoScale Holdings Corporatio) USD 15.46 -6.98% · PONY (Pony AI Inc.) USD 5.02 -0.40% · CSQR (Csquare, Inc.) USD 14.9 -11.83% · PENG (Penguin Solutions, Inc.) USD 51.91 -11.08% · KD (Kyndryl Holdings, Inc.) USD 15.2 +5.92% · CIFR (Cipher Digital Inc.) USD 8.32 -8.87%

## More
Full page: https://nexqual.com/DXC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in DXC's own 10-K filed 2026-05-08 (https://www.sec.gov/Archives/edgar/data/1688568/000168856826000022/dxc-20260331.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Perspecta | "In connection with the USPS Separation, we entered into a tax matters agreement with Perspecta, under which it agreed not to undertake any transaction without our consent that could reasonably be expected to cause the US…" |
| Partner | Hewlett Packard Enterprise (HPE) | "In connection with the HPES Merger, the Company entered into a tax matters agreement with HPE." |

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| GIS | $1.45B | 48.3% | -9.4% | $38.0M | 2.6% |
| CES | $1.23B | 41.0% | -1.2% | $100.0M | 8.1% |
| Insurance | $319.0M | 10.6% | +1.9% | $34.0M | 10.7% |
| Corporate costs (not allocated) | — | — | — | -$22.0M | — |
| Total revenue | $3.00B | 100% | — | $150.0M | 5.0% |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Other Europe | $1.04B | 34.6% | +0.1% |
| United States | $742.0M | 24.7% | -10.4% |
| Other International | $529.0M | 17.6% | -4.5% |
| UNITED KINGDOM | $401.0M | 13.4% | -16.5% |
| Australia | $288.0M | 9.6% | +11.2% |
| Total revenue | $3.00B | 100% | — |

## Company outlook (8-K filed 2026-07-30)

- "(1) • Adjusted EBIT margin (2) of ~6.0%. • Non-GAAP Diluted EPS (3) of ~$0.55. 2 Additional metrics for the second quarter and full year fiscal 2027 guidance are presented in the table below."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.59 | $0.71 | -17.2% | $3.00B | 8 |
| Next quarter (ends 2026-12-31) | $0.80 | $0.74 | +7.7% | $3.08B | 8 |
| Current fiscal year (ends 2027-03-31) | $2.59 | $2.56 | +1.0% | $12.15B | 8 |
| Next fiscal year (ends 2028-03-31) | $2.92 | $3.08 | -5.2% | $11.99B | 5 |