Stifel lowered the firm’s price target on DXC Technology (DXC) to $15 from $24 and keeps a Hold rating on the shares. Q4 results modestly outperformed, but FY26 revenue, EPS and free cash flow guidance were all below consensus and likely underlie the aftermarket 13% stock price decline that was the same as the EPS revision at the mid-point, the analyst tells investors. DXC continues to face secular growth headwinds in its GIS segment and cyclical headwinds to its GBS business, the analyst added.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DXC:
- DXC Technology price target lowered to $16 from $22 at Morgan Stanley
- Cautious Outlook for DXC Technology Amid Slower Growth Projections and Economic Pressures
- DXC Technology Reports Mixed Fiscal 2025 Results
- Cautious Hold Rating for DXC Technology Amid Transition Challenges and Investment Needs
- Closing Bell Movers: Foot Locker up nearly 70% on Dick’s buyout