Xerox (XRX) Stock Forecast, Price Target & Predictions
XRX Stock Forecast
Xerox stock forecast is as follows: an average price target of $12.50 (represents a 20.31% upside from XRX’s last price of $10.39) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
XRX Price Target
The average price target for Xerox (XRX) is $12.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $11.00. This represents a potential 20.31% upside from XRX's last price of $10.39.
XRX Analyst Ratings
According to 9 Wall Street analysts, Xerox's rating consensus is 'Hold'. The analyst rating breakdown for XRX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (22.22%), 3 'Hold' (33.33%), 3 'Sell' (33.33%), and 1 'Strong Sell' (11.11%).
Xerox Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 14, 2024 | Ananda Baruah | Loop Capital Markets | $11.00 | $9.93 | 10.78% | 5.87% |
| Jul 17, 2024 | Asiya Merchant | Citigroup | $11.00 | $11.95 | -7.91% | 5.87% |
| Jul 27, 2022 | - | Morgan Stanley | $14.00 | $16.63 | -15.79% | 34.74% |
| Jul 14, 2022 | - | J.P. Morgan | $14.00 | $13.64 | 2.60% | 34.74% |
| Apr 22, 2022 | - | Morgan Stanley | $13.00 | $17.11 | -24.00% | 25.12% |
| Apr 22, 2022 | Jim Suva | Citigroup | $15.00 | $16.74 | -10.39% | 44.37% |
The latest Xerox stock forecast, released on Aug 14, 2024 by Ananda Baruah from Loop Capital Markets, set a price target of $11.00, which represents a 10.78% increase from the stock price at the time of the forecast ($9.93), and a 5.87% increase from XRX last price ($10.39).
Xerox Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $11.00 | $11.00 |
| Last Closing Price | $10.39 | $10.39 | $10.39 |
| Upside/Downside | -100.00% | 5.87% | 5.87% |
In the current month, the average price target of Xerox stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Xerox's last price of $10.39. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Sep 10, 2024 | UBS | Sell | Sell | Hold |
| Aug 27, 2024 | Citigroup | Underweight | Sell | Initialise |
| Aug 14, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Aug 14, 2024 | Citigroup | Underweight | Underweight | Hold |
| Aug 14, 2024 | Jefferies | Hold | Hold | Hold |
| Jun 28, 2024 | Citigroup | Buy | Sell | Initialise |
| Jun 14, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 14, 2024 | Credit Suisse | Underperform | Underperform | Hold |
| May 30, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
Xerox's last stock rating was published by Loop Capital Markets on Sep 10, 2024. The company gave XRX a "Hold" rating, the same as its previous rate.
Xerox Financial Forecast
Xerox Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.76B | $1.65B | $1.75B | $1.72B | $1.94B | $1.75B | - | $1.67B | $1.78B | $1.76B | $1.79B | $1.71B | $1.93B | $1.77B | $1.47B | $1.86B | $2.37B | $2.20B | $2.29B | $2.21B | $2.53B | $2.35B |
| Avg Forecast | $1.58B | $1.55B | $1.59B | $1.55B | $1.77B | $1.64B | $1.60B | $1.53B | $1.79B | $1.73B | $1.75B | $1.72B | $1.88B | $1.77B | $1.75B | $1.64B | $1.82B | $1.81B | $1.77B | $1.59B | $1.90B | $1.58B | $1.48B | $1.78B | $2.41B | $2.19B | $2.32B | $2.27B | $2.29B | $2.14B |
| High Forecast | $1.59B | $1.56B | $1.60B | $1.56B | $1.78B | $1.67B | $1.61B | $1.54B | $1.80B | $1.74B | $1.76B | $1.73B | $1.90B | $1.78B | $1.75B | $1.66B | $1.84B | $1.82B | $1.79B | $1.60B | $1.92B | $1.60B | $1.50B | $1.80B | $2.43B | $2.21B | $2.34B | $2.29B | $2.75B | $2.57B |
| Low Forecast | $1.58B | $1.54B | $1.59B | $1.55B | $1.76B | $1.56B | $1.59B | $1.53B | $1.78B | $1.72B | $1.75B | $1.72B | $1.88B | $1.77B | $1.75B | $1.63B | $1.81B | $1.80B | $1.77B | $1.58B | $1.89B | $1.58B | $1.48B | $1.77B | $2.40B | $2.18B | $2.31B | $2.26B | $1.83B | $1.71B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 0.95% | 1.00% | 0.99% | 1.03% | 0.99% | - | 1.02% | 0.98% | 0.97% | 1.01% | 1.08% | 1.02% | 1.12% | 0.99% | 1.04% | 0.98% | 1.00% | 0.99% | 0.97% | 1.11% | 1.10% |
Xerox's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.53B, with a low forecast of $1.53B, and a high forecast of $1.54B. XRX's average Quarter revenue forecast represents a -13.10% decrease compared to the company's last Quarter revenue of $1.76B (Dec 23).
Xerox EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | $-88.00M | $63.00M | $148.00M | $176.00M | $225.00M | $129.00M | - | $63.00M | $-608.00M | $188.00M | $208.00M | $163.00M | $226.00M | $239.00M | $141.00M | $112.00M | $1.01B | $418.00M | $367.00M | $270.00M | $330.00M | $379.00M |
| Avg Forecast | $239.23M | $233.40M | $240.72M | $234.27M | $266.89M | $247.06M | $241.52M | $32.20M | $270.23M | $261.27M | $264.89M | $34.44M | $284.57M | $182.75M | $263.91M | $36.83M | $-526.93M | $166.14M | $136.69M | $206.47M | $233.53M | $123.93M | $525.73M | $142.90M | $811.42M | $317.10M | $321.13M | $232.88M | $298.27M | $344.99M |
| High Forecast | $240.65M | $234.79M | $242.16M | $235.67M | $268.48M | $251.69M | $242.96M | $38.64M | $271.74M | $262.82M | $266.47M | $41.32M | $286.27M | $219.30M | $263.91M | $44.20M | $-421.55M | $199.37M | $164.02M | $247.76M | $280.24M | $148.71M | $630.87M | $171.48M | $973.71M | $380.52M | $385.35M | $279.45M | $357.92M | $413.98M |
| Low Forecast | $238.28M | $232.47M | $239.77M | $233.35M | $265.84M | $236.25M | $240.57M | $25.76M | $269.16M | $260.24M | $263.84M | $27.55M | $283.45M | $146.20M | $263.91M | $29.46M | $-632.32M | $132.91M | $109.35M | $165.17M | $186.83M | $99.14M | $420.58M | $114.32M | $649.14M | $253.68M | $256.90M | $186.30M | $238.62M | $275.99M |
| Surprise % | - | - | - | - | - | - | - | - | -0.33% | 0.24% | 0.56% | 5.11% | 0.79% | 0.71% | - | 1.71% | 1.15% | 1.13% | 1.52% | 0.79% | 0.97% | 1.93% | 0.27% | 0.78% | 1.25% | 1.32% | 1.14% | 1.16% | 1.11% | 1.10% |
3 analysts predict XRX's average Quarter EBITDA for Dec 23 to be $270.23M, with a high of $271.74M and a low of $269.16M. This is 328.93% upper than Xerox's previous annual EBITDA (Sep 23) of $63.00M.
Xerox Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | $-61.00M | $49.00M | $-61.00M | $71.00M | $121.00M | $-383.00M | - | $-58.00M | $-675.00M | $90.00M | $91.00M | $39.00M | $77.00M | $90.00M | $27.00M | $-2.00M | $818.00M | $221.00M | $181.00M | $133.00M | $137.00M | $89.00M |
| Avg Forecast | $87.37M | $57.15M | $59.68M | $34.86M | $102.09M | $66.53M | $53.35M | $-128.79M | $64.22M | $43.07M | $39.31M | $-137.75M | $61.28M | $87.49M | $10.17M | $-147.32M | $-585.00M | $79.53M | $59.80M | $49.40M | $79.57M | $46.67M | $100.67M | $-2.55M | $655.87M | $167.66M | $158.38M | $114.71M | $123.83M | $81.01M |
| High Forecast | $88.05M | $57.59M | $60.15M | $35.13M | $102.88M | $68.87M | $53.77M | $-103.03M | $68.00M | $46.76M | $39.61M | $-110.20M | $61.75M | $104.99M | $10.17M | $-117.86M | $-468.00M | $95.44M | $71.76M | $59.28M | $95.48M | $56.00M | $120.81M | $-2.04M | $787.05M | $201.19M | $190.05M | $137.66M | $148.59M | $97.22M |
| Low Forecast | $86.93M | $56.85M | $59.38M | $34.68M | $101.57M | $64.20M | $53.08M | $-154.55M | $60.44M | $40.61M | $39.11M | $-165.30M | $60.96M | $69.99M | $10.17M | $-176.79M | $-702.00M | $63.63M | $47.84M | $39.52M | $63.65M | $37.33M | $80.54M | $-3.06M | $524.70M | $134.12M | $126.70M | $91.77M | $99.06M | $64.81M |
| Surprise % | - | - | - | - | - | - | - | - | -0.95% | 1.14% | -1.55% | -0.52% | 1.97% | -4.38% | - | 0.39% | 1.15% | 1.13% | 1.52% | 0.79% | 0.97% | 1.93% | 0.27% | 0.78% | 1.25% | 1.32% | 1.14% | 1.16% | 1.11% | 1.10% |
Xerox's average Quarter net income forecast for Dec 23 is $64.22M, with a range of $60.44M to $68.00M. XRX's average Quarter net income forecast represents a 31.07% increase compared to the company's last Quarter net income of $49.00M (Sep 23).
Xerox SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | $440.00M | $416.00M | $433.00M | $407.00M | $428.00M | $418.00M | - | $455.00M | $423.00M | $413.00M | $434.00M | $448.00M | $440.00M | $444.00M | $426.00M | $541.00M | $505.00M | $513.00M | $519.00M | $548.00M | $555.00M | $583.00M |
| Avg Forecast | $390.30M | $380.79M | $392.75M | $382.22M | $435.44M | $403.09M | $394.05M | $1.05B | $440.88M | $426.26M | $432.17M | $1.12B | $464.29M | $401.47M | $430.58M | $1.20B | $366.60M | $364.98M | $285.20M | $567.47M | $454.67M | $230.22M | $365.05M | $690.24M | $404.91M | $389.17M | $454.13M | $472.65M | $501.63M | $530.68M |
| High Forecast | $392.63M | $383.06M | $395.09M | $384.50M | $438.04M | $410.65M | $396.40M | $1.26B | $443.34M | $428.80M | $434.75M | $1.34B | $467.06M | $481.77M | $430.58M | $1.44B | $439.92M | $437.97M | $342.24M | $680.96M | $545.60M | $276.27M | $368.83M | $828.29M | $485.89M | $467.01M | $544.95M | $567.18M | $601.96M | $636.82M |
| Low Forecast | $388.76M | $379.29M | $391.19M | $380.71M | $433.72M | $385.45M | $392.49M | $837.16M | $439.14M | $424.58M | $430.46M | $895.36M | $462.45M | $321.18M | $430.58M | $957.60M | $293.28M | $291.98M | $228.16M | $453.97M | $363.73M | $184.18M | $363.50M | $552.19M | $323.93M | $311.34M | $363.30M | $378.12M | $401.31M | $424.54M |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 1.00% | 0.36% | 0.92% | 1.04% | - | 0.38% | 1.15% | 1.13% | 1.52% | 0.79% | 0.97% | 1.93% | 1.17% | 0.78% | 1.25% | 1.32% | 1.14% | 1.16% | 1.11% | 1.10% |
Xerox's average Quarter SG&A projection for Mar 24 is $1.05B, based on 1 Wall Street analysts, with a range of $837.16M to $1.26B. The forecast indicates a 137.83% rise compared to XRX last annual SG&A of $440.00M (Dec 23).
Xerox EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | $-0.39 | $0.29 | $-0.39 | $0.43 | $0.76 | $-2.46 | - | $-0.37 | $-3.95 | $0.48 | $0.47 | $0.18 | $0.37 | $0.41 | $0.11 | $-0.01 | $3.78 | $0.99 | $0.79 | $0.57 | $0.56 | $0.34 |
| Avg Forecast | $0.70 | $0.46 | $0.48 | $0.28 | $0.82 | $0.54 | $0.43 | $0.35 | $0.52 | $0.35 | $0.32 | $0.17 | $0.49 | $0.40 | $0.08 | $0.13 | $0.30 | $0.43 | $0.37 | $0.29 | $0.63 | $0.26 | $-0.07 | $0.29 | $1.11 | $0.87 | $0.88 | $0.80 | $0.94 | $0.71 |
| High Forecast | $0.71 | $0.46 | $0.48 | $0.28 | $0.83 | $0.55 | $0.43 | $0.36 | $0.55 | $0.38 | $0.32 | $0.17 | $0.50 | $0.41 | $0.08 | $0.13 | $0.31 | $0.44 | $0.37 | $0.29 | $0.64 | $0.26 | $-0.07 | $0.29 | $1.12 | $0.88 | $0.89 | $0.81 | $1.13 | $0.85 |
| Low Forecast | $0.70 | $0.46 | $0.48 | $0.28 | $0.82 | $0.52 | $0.43 | $0.35 | $0.49 | $0.33 | $0.31 | $0.17 | $0.49 | $0.40 | $0.08 | $0.13 | $0.30 | $0.43 | $0.37 | $0.29 | $0.62 | $0.26 | $-0.07 | $0.29 | $1.10 | $0.86 | $0.88 | $0.79 | $0.75 | $0.57 |
| Surprise % | - | - | - | - | - | - | - | - | -0.75% | 0.84% | -1.23% | 2.52% | 1.54% | -6.08% | - | -2.89% | -13.12% | 1.11% | 1.27% | 0.62% | 0.59% | 1.58% | -1.56% | -0.03% | 3.41% | 1.14% | 0.90% | 0.71% | 0.60% | 0.48% |
According to 3 Wall Street analysts, Xerox's projected average Quarter EPS for Dec 23 is $0.52, with a low estimate of $0.49 and a high estimate of $0.55. This represents a 78.26% increase compared to XRX previous annual EPS of $0.29 (Sep 23).
Xerox Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KD | Kyndryl | $22.98 | $29.80 | 29.68% | Buy |
| FIS | Fidelity National Information Services | $85.04 | $103.73 | 21.98% | Buy |
| XRX | Xerox | $10.38 | $12.50 | 20.42% | Hold |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| ACN | Accenture | $337.04 | $367.69 | 9.09% | Buy |
| JKHY | Jack Henry & Associates | $175.69 | $191.60 | 9.06% | Buy |
| ASGN | ASGN | $92.51 | $99.00 | 7.02% | Hold |
| CDW | CDW | $223.32 | $229.75 | 2.88% | Buy |
| CTSH | Cognizant Technology Solutions | $76.22 | $74.73 | -1.95% | Hold |
| LDOS | Leidos | $154.34 | $136.22 | -11.74% | Buy |
| IT | Gartner | $507.35 | $434.89 | -14.28% | Hold |
| BR | Broadridge Financial Solutions | $210.96 | $176.00 | -16.57% | Buy |
| EXLS | ExlService | $36.12 | $28.30 | -21.65% | Buy |
XRX Forecast FAQ
Is Xerox a good buy?
No, according to 9 Wall Street analysts, Xerox (XRX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 22.22% of XRX's total ratings.
What is XRX's price target?
Xerox (XRX) average price target is $12.5 with a range of $11 to $14, implying a 20.31% from its last price of $10.39. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Xerox stock go up soon?
According to Wall Street analysts' prediction for XRX stock, the company can go up by 20.31% (from the last price of $10.39 to the average price target of $12.5), up by 34.74% based on the highest stock price target, and up by 5.87% based on the lowest stock price target.
Can Xerox stock reach $20?
XRX's average twelve months analyst stock price target of $12.5 does not support the claim that Xerox can reach $20 in the near future.
What are Xerox's analysts' financial forecasts?
Xerox's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $6.54B (high $6.6B, low $6.45B), average EBITDA is $787.68M (high $801.78M, low $768.42M), average net income is $93.18M (high $122.48M, low $64.29M), average SG&A $2.28B (high $2.5B, low $2.05B), and average EPS is $2.14 (high $2.17, low $2.11). XRX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.28B (high $6.31B, low $6.25B), average EBITDA is $947.62M (high $953.26M, low $943.87M), average net income is $239.06M (high $240.92M, low $237.84M), average SG&A $1.55B (high $1.56B, low $1.54B), and average EPS is $1.92 (high $1.94, low $1.91).
Did the XRX's actual financial results beat the analysts' financial forecasts?
Based on Xerox's last annual report (Dec 2023), the company's revenue was $6.89B, which missed the average analysts forecast of $7B by -1.61%. Apple's EBITDA was $-28M, missing the average prediction of $830.82M by -103.37%. The company's net income was $-13M, missing the average estimation of $8.85M by -246.88%. Apple's SG&A was $1.7B, missing the average forecast of $2.42B by -29.87%. Lastly, the company's EPS was $-0.0827, missing the average prediction of $1.35 by -106.12%. In terms of the last quarterly report (Dec 2023), Xerox's revenue was $1.76B, missing the average analysts' forecast of $1.79B by -1.39%. The company's EBITDA was $-88M, missing the average prediction of $270.23M by -132.57%. Xerox's net income was $-61M, missing the average estimation of $64.22M by -194.98%. The company's SG&A was $440M, missing the average forecast of $440.88M by -0.20%. Lastly, the company's EPS was $-0.39, missing the average prediction of $0.517 by -175.44%