DXC Technology: Long-Term Targets Are Achievable

DXC Technology remains a 'Buy,' following my assessment of its prospects and valuations. DXC targets a return to positive revenue growth and meaningful operating margin expansion by FY2029, underpinned by AI-driven solutions like OASIS and cost optimization measures. The stock's current low-single-digit forward P/E is undemanding on an absolute basis and compared to peers.

I've kept DXC Technology Company (DXC) as a "Buy"-rated name. The stock's forward low-single-digit P/E is appealing. The realization of a more demanding multiple is likely in my view. This assumes that it returns to positive growth territory and enhances its profitability