DXC Technology (DXC) is well positioned to achieve organic revenue growth of 0% to 4% and adjusted EBIT margins of 8% to 10% by fiscal 2029, supported by its OASIS AI platform, organizational changes and strategic AI partnerships, RBC Capital Markets said.
DXC OASIS, which launched six weeks ago, has already been deployed across 57 customers. The platform uses agentic AI to handle the company's roughly 20 million daily events with greater speed and accuracy, the investment firm said in a Thursday note.
The brokerage noted that OASIS is being rolled out first to DXC's existing customer base to support upselling opportunities and is also being incorporated into new technical proposals to improve win rates.
DXC has also established a partnership with Anthropic focused on training and certifying DXC engineers on Anthropic's AI models and tools. RBC said the collaboration should help DXC expand AI capabilities and deliver tailored solutions across regulated industries and its broader enterprise customer base.
The brokerage said DXC's 98% customer renewal rate and net promoter score of 47 support confidence in the company's execution and long-term growth strategy.
RBC has a sector perform rating on the stock and a $16 price target.
Price: 9.24, Change: +0.41, Percent Change: +4.71