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UIS vs. DXC: Which IT Services Stock is the Better Buy Now?

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Key Takeaways

  • DXC is gaining traction with a 1.2 book-to-bill ratio and 20% bookings growth in 4Q25.
  • UIS saw a more than 80% y/y surge in total contract value, led by DSS and cybersecurity demand.
  • DXC ended fiscal 2025 with $1.8B in cash and plans share repurchases amid strategic execution progress.

Unisys Corporation (UIS - Free Report) and DXC Technology Company (DXC - Free Report) are two legacy players in the global IT services space, both undergoing significant transformations to stay relevant in an era driven by digital modernization, cloud migration and AI-driven solutions. 

For investors seeking exposure to the IT services sector, the key question is: Which of these under-the-radar tech stocks offers a more compelling risk-reward profile right now? Let us break down the fundamentals, growth outlook and valuation to determine the better buy.

Case for UIS

Unisys is showing encouraging momentum in business development, particularly through significant growth in total contract value, which rose 50% sequentially and more than 80% year over year in first-quarter 2025. Much of this was fueled by new logos and demand for its device subscription services (DSS), which offer streamlined, AI-friendly device provisioning and endpoint management.

Large wins, including a contract to manage 380,000 devices for a global tech firm, are expected to ramp up revenues over time. Additionally, field service volumes are benefiting from a delayed but strengthening PC refresh cycle linked to Windows 11 upgrades, enhancing infrastructure services demand.

The company’s Cloud, Applications & Infrastructure segment is also benefiting from heightened demand for cybersecurity and application modernization. Unisys launched its first post-quantum cryptography solution and signed a notable security services deal with a major Latin American power distributor.

Furthermore, it is advancing AI adoption through agentic AI and its service experience accelerator, which leverages generative AI and workflow automation. These tech-forward efforts are helping reposition Unisys as a more relevant, solution-oriented partner to enterprise and government clients.

Unisys’ broader strategic execution is guided by its “Clear Path Forward 2050” framework, which focuses on expanding proprietary software capabilities, modernizing infrastructure, and delivering specialized consulting and managed services. The strategy has gained traction, as reflected in improved industry recognition, Dell Titanium partner status and a growing backlog of $2.9 billion. Strong cost discipline, increasing associate utilization, and a resilient portfolio of long-term, geographically diversified contracts are further supporting financial stability and margin improvement.

Although Unisys has been positive about its long-term prospects, it is facing short-term revenue challenges due to delays in its license and support business, along with reduced discretionary spending in its other segments. Overall, macroeconomic uncertainties continue to cause some deal delays, which may marginally affect short-term revenue recognition.

Case for DXC

DXC Technology is gaining momentum in its turnaround, driven by operational discipline and leadership changes under CEO Raul Fernandez. The company reported a strong book-to-bill ratio of 1.2 in fourth-quarter fiscal 2025, reflecting solid demand and a 20% year-over-year increase in bookings. Wins like the Carnival Cruise Line deal highlight improved competitiveness in securing large, strategic contracts, particularly in its Consulting & Engineering Services segment.

The company is also capitalizing on the enterprise shift toward AI. By integrating GenAI into modernization, testing and automation offerings, DXC is delivering tangible value to clients. Its ability to combine infrastructure expertise with AI-driven solutions positions it well in a rapidly evolving tech landscape. Its scale and cross-industry experience enhance its appeal for complex transformation projects.

Financially, DXC Technology ended fiscal 2025 on a stronger footing, with $1.8 billion in cash and $687 million in free cash flow. Debt reduction and improved working capital discipline are enabling reinvestment in growth initiatives. Planned share repurchases and long-term equity incentives for executives signal growing confidence in the company’s strategic direction.

How Does Zacks Consensus Estimate Compare for UIS & DXC?

The Zacks Consensus Estimate for Unisys’ 2025 EPS implies a year-over-year increase of 28.9%. Earnings estimates for 2025 have been unchanged in the past 60 days.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

The Zacks Consensus Estimate for DXC Technology’s fiscal 2026 EPS indicates a year-over-year decline of 11.1%. However, earnings estimates for 2025 have witnessed upward revisions of 0.7% in the past 60 days.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

Price Performance & Valuation

The UIS stock has declined 30% in the year-to-date period. Meanwhile, DXC shares have dropped 27%.

Price Performance

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

UIS is trading at a forward 12-month price-to-earnings ratio of 4.54X, below its one-year median of 10.29X. DXC’s forward sales multiple sits at 4.79X, below its median of 6.27X over the same time frame.

P/E (F12M)

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

End Notes

DXC Technology appears to be the more compelling choice over Unisys at this juncture due to its clearer trajectory toward operational stabilization and strategic execution. Under refreshed leadership, DXC is showing signs of effective turnaround through stronger deal wins, particularly in high-value segments like Consulting & Engineering Services. Its focus on integrating AI into core modernization and automation offerings enhances its relevance in today's tech landscape.

Furthermore, DXC Technology’s disciplined financial management and commitment to shareholder returns reflect growing internal confidence. While Unisys has promising growth drivers, including innovation in cybersecurity and device services, its near-term revenue headwinds and execution risks make DXC’s improving fundamentals and strategic consistency more attractive for investors seeking stability and long-term growth potential in IT services.

DXC currently carries a Zacks Rank #2 (Buy), whereas UIS has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


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