DXC Technology (NYSE:DXC) Shares Gap Down – Here’s What Happened

DXC Technology Company. (NYSE:DXC) shares gapped down prior to trading on Friday . The stock had previously closed at $14.41, but opened at $12.65. DXC Technology shares last traded at $13.8840, with a volume of 269,461 shares trading hands.

More DXC Technology News

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

• Positive Sentiment: Q3 earnings beat — DXC reported non‑GAAP EPS of $0.96 vs. consensus ~ $0.83, showing margin leverage on the quarter. PR Newswire Release
• Positive Sentiment: Strong bookings and cash generation — Bookings were $3.6B (book-to-bill 1.12x) and free cash flow was $266M for the quarter (YTD $603M), supporting deleveraging and capital return. PR Newswire Release
• Positive Sentiment: Capital actions — DXC repurchased $65M of stock and redeemed $300M of senior notes, reducing outstanding shares and debt pressure. PR Newswire Release
• Neutral Sentiment: FY 2026 outlook roughly inline — DXC updated FY EPS to ~3.15 (vs. consensus ~3.14), leaving full‑year expectations largely unchanged; investors will focus on how FY guidance reconciles with the softer Q4 range.
• Neutral Sentiment: Longer‑term AI strategy — Management targets a 10% run‑rate revenue contribution from AI Fast Track initiatives by Q2 2029; positive strategic pivot but outcomes are multi‑year. MSN Article
• Negative Sentiment: Revenue softness and miss — Total revenue was $3.19B, down ~1% year‑over‑year (organic down ~4.3%); some outlets flagged a revenue miss relative to expectations and that weakness is the key driver of the share decline. Zacks Article
• Negative Sentiment: Softer Q4 guide — DXC set Q4 EPS guidance of $0.65–$0.75 versus a ~ $0.79 street estimate, a near‑term earnings headwind that likely heightened investor caution.

Wall Street Analysts Forecast Growth

DXC has been the topic of a number of research reports. Wall Street Zen raised shares of DXC Technology from a “hold” rating to a “buy” rating in a report on Sunday, November 9th. Weiss Ratings restated a “sell (d)” rating on shares of DXC Technology in a research report on Wednesday, October 8th. Susquehanna set a $14.00 price objective on shares of DXC Technology and gave the company a “neutral” rating in a research note on Friday, October 31st. Wolfe Research set a $13.00 target price on DXC Technology and gave the stock an “underperform” rating in a report on Friday. Finally, Stifel Nicolaus decreased their price target on shares of DXC Technology from $15.00 to $14.00 and set a “hold” rating on the stock in a research report on Friday, October 31st. Six analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $14.71.

DXC Technology Price Performance

The company has a market capitalization of $2.47 billion, a P/E ratio of 6.93 and a beta of 1.04. The company’s 50-day simple moving average is $14.57 and its 200 day simple moving average is $14.01. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.71.

DXC Technology (NYSE:DXC) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.13. DXC Technology had a net margin of 2.93% and a return on equity of 17.83%. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the prior year, the company posted $0.92 earnings per share. DXC Technology’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, sell-side analysts expect that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $15.15, for a total value of $37,875.00. Following the sale, the senior vice president owned 88,605 shares in the company, valued at approximately $1,342,365.75. This trade represents a 2.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On DXC Technology

Hedge funds have recently made changes to their positions in the stock. James Investment Research Inc. bought a new stake in shares of DXC Technology in the 4th quarter worth approximately $739,000. Argyle Capital Management LLC lifted its holdings in DXC Technology by 37.2% during the 4th quarter. Argyle Capital Management LLC now owns 54,967 shares of the company’s stock valued at $805,000 after purchasing an additional 14,900 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in DXC Technology during the 4th quarter worth approximately $259,000. Waterfront Wealth Inc. lifted its position in DXC Technology by 55.4% during the 4th quarter. Waterfront Wealth Inc. now owns 220,922 shares of the company’s stock worth $3,285,000 after buying an additional 78,730 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of DXC Technology by 11.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 46,899 shares of the company’s stock valued at $687,000 after purchasing an additional 4,693 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

DXC Technology Company Profile

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.