Xerox (XRX) Stock Forecast, Price Target & Predictions


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XRX Stock Forecast


Xerox stock forecast is as follows: an average price target of $11.00 (represents a 31.11% upside from XRX’s last price of $8.39) 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 $11.00 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 $8.00. This represents a potential 31.11% upside from XRX's last price of $8.39.

XRX Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Erik WoodringMorgan Stanley$8.00$8.54-6.38%-4.65%
Aug 14, 2024Ananda BaruahLoop Capital Markets$11.00$9.9310.78%31.11%
Jul 17, 2024Asiya MerchantCitigroup$11.00$11.95-7.91%31.11%
Jul 27, 2022-Morgan Stanley$14.00$16.63-15.79%66.87%
Jul 14, 2022-J.P. Morgan$14.00$13.642.60%66.87%
Apr 22, 2022-Morgan Stanley$13.00$17.11-24.00%54.95%
Apr 22, 2022Jim SuvaCitigroup$15.00$16.74-10.39%78.78%
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The latest Xerox stock forecast, released on Oct 30, 2024 by Erik Woodring from Morgan Stanley, set a price target of $8.00, which represents a -6.38% decrease from the stock price at the time of the forecast ($8.54), and a -4.65% decrease from XRX last price ($8.39).

Xerox Price Target by Period


1M3M12M
# Anlaysts123
Avg Price Target$8.00$9.50$10.00
Last Closing Price$8.39$8.39$8.39
Upside/Downside-4.65%13.23%19.19%

In the current month, the average price target of Xerox stock is $8.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.65% decrease as opposed to Xerox's last price of $8.39. This month's average price target is down -15.79% compared to last quarter, and down -20.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024Morgan StanleyUnderweightUnderweightHold
Oct 09, 2024Loop Capital MarketsHoldHoldHold
Sep 10, 2024UBSSellSellHold
Sep 10, 2024Loop Capital MarketsHoldHoldHold
Aug 27, 2024CitigroupUnderweightSellInitialise
Aug 14, 2024Loop Capital MarketsHoldHoldHold
Aug 14, 2024JefferiesHoldHoldHold
Aug 14, 2024CitigroupUnderweightUnderweightHold
Jun 28, 2024CitigroupBuySellInitialise
Jun 14, 2024Credit SuisseUnderperformUnderperformHold
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Xerox's last stock rating was published by Morgan Stanley on Oct 30, 2024. The company gave XRX a "Underweight" rating, the same as its previous rate.

Xerox Financial Forecast


Xerox Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$1.76B$1.65B$1.75B$1.72B$1.94B$1.75B$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$2.44B$2.45B
Avg Forecast$1.58B$1.57B$1.61B$1.56B$1.65B$1.63B$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$2.60B$2.61B
High Forecast$1.65B$1.63B$1.68B$1.60B$1.73B$1.63B$1.66B$1.53B$1.80B$1.80B$1.83B$1.79B$1.96B$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$3.12B$3.13B
Low Forecast$1.52B$1.50B$1.55B$1.51B$1.54B$1.62B$1.54B$1.53B$1.72B$1.66B$1.69B$1.66B$1.81B$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$2.08B$2.09B
# Analysts11133222311111111111187655551312
Surprise %--------0.99%0.95%1.00%0.99%1.03%0.99%1.00%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%0.94%0.94%

Xerox's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.53B, with a low forecast of $1.53B, and a high forecast of $1.53B. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222311111111111187655551312
EBITDA--------$-88.00M$63.00M$148.00M$176.00M$225.00M$129.00M$91.00M$63.00M$-608.00M$188.00M$208.00M$163.00M$226.00M$239.00M$141.00M$112.00M$1.01B$418.00M$367.00M$270.00M$257.00M$161.00M
Avg Forecast$239.23M$236.43M$243.45M$236.00M$249.58M$245.55M$241.52M$32.20M$270.23M$261.27M$264.89M$34.44M$-579.63M$267.79M$263.91M$36.83M$274.23M$272.67M$267.88M$206.47M$286.38M$239.11M$223.75M$142.90M$363.56M$330.91M$350.16M$232.88M$274.60M$171.06M
High Forecast$248.86M$245.95M$253.26M$242.13M$261.33M$246.44M$251.25M$38.64M$271.74M$271.79M$275.56M$41.32M$-463.70M$267.79M$263.91M$44.20M$274.23M$272.67M$267.88M$247.76M$286.38M$239.11M$223.75M$171.48M$363.56M$330.91M$350.16M$279.45M$329.52M$205.28M
Low Forecast$229.76M$227.07M$233.81M$228.34M$231.96M$244.67M$231.96M$25.76M$259.53M$250.93M$254.40M$27.55M$-695.55M$267.79M$263.91M$29.46M$274.23M$272.67M$267.88M$165.17M$286.38M$239.11M$223.75M$114.32M$363.56M$330.91M$350.16M$186.30M$219.68M$136.85M
Surprise %---------0.33%0.24%0.56%5.11%-0.39%0.48%0.34%1.71%-2.22%0.69%0.78%0.79%0.79%1.00%0.63%0.78%2.78%1.26%1.05%1.16%0.94%0.94%

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 $259.53M. This is 328.93% upper than Xerox's previous annual EBITDA (Sep 23) of $63.00M.

Xerox Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222311111111111187655551312
Net Income--------$-61.00M$49.00M$-61.00M$71.00M$121.00M$-383.00M$-6.00M$-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$23.00M$16.00M
Avg Forecast$65.01M$36.95M$47.69M$27.37M$74.38M$63.12M$53.35M$-128.79M$64.22M$43.07M$39.31M$-137.75M$-643.50M$50.25M$10.19M$-147.32M$37.41M$53.59M$45.92M$49.40M$78.02M$32.24M$-8.79M$-2.55M$137.65M$107.52M$109.57M$114.71M$24.58M$17.00M
High Forecast$68.42M$38.88M$50.19M$40.25M$88.69M$64.91M$53.38M$-103.03M$68.00M$46.76M$41.37M$-110.20M$-514.80M$50.25M$10.19M$-117.86M$37.41M$53.59M$45.92M$59.28M$78.02M$32.24M$-8.79M$-2.04M$137.65M$107.52M$109.57M$137.66M$29.49M$20.40M
Low Forecast$61.67M$35.05M$45.24M$9.66M$56.26M$61.32M$53.32M$-154.55M$60.44M$40.61M$37.29M$-165.30M$-772.20M$50.25M$10.19M$-176.79M$37.41M$53.59M$45.92M$39.52M$78.02M$32.24M$-8.79M$-3.06M$137.65M$107.52M$109.57M$91.77M$19.66M$13.60M
Surprise %---------0.95%1.14%-1.55%-0.52%-0.19%-7.62%-0.59%0.39%-18.04%1.68%1.98%0.79%0.99%2.79%-3.07%0.78%5.94%2.06%1.65%1.16%0.94%0.94%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222311111111111187655551312
SG&A--------$440.00M$416.00M$433.00M$407.00M$428.00M$418.00M$459.00M$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$628.00M$664.00M
Avg Forecast$390.30M$385.73M$397.20M$385.04M$407.20M$400.62M$394.05M$1.05B$440.88M$426.26M$432.17M$1.12B$403.26M$436.91M$430.58M$1.20B$447.41M$444.87M$437.06M$567.47M$467.24M$390.12M$365.05M$690.24M$593.15M$539.88M$571.29M$472.65M$671.01M$705.50M
High Forecast$406.02M$401.27M$413.19M$395.05M$426.36M$402.07M$409.92M$1.26B$443.34M$443.43M$449.58M$1.34B$483.91M$436.91M$430.58M$1.44B$447.41M$444.87M$437.06M$680.96M$467.24M$390.12M$365.05M$828.29M$593.15M$539.88M$571.29M$567.18M$805.22M$846.60M
Low Forecast$374.85M$370.46M$381.47M$372.54M$378.45M$399.18M$378.45M$837.16M$423.43M$409.39M$415.06M$895.36M$322.61M$436.91M$430.58M$957.60M$447.41M$444.87M$437.06M$453.97M$467.24M$390.12M$365.05M$552.19M$593.15M$539.88M$571.29M$378.12M$536.81M$564.40M
Surprise %--------1.00%0.98%1.00%0.36%1.06%0.96%1.07%0.38%0.95%0.93%0.99%0.79%0.94%1.14%1.17%0.78%0.85%0.95%0.91%1.16%0.94%0.94%

Xerox's average Quarter SG&A projection for Mar 24 is $1.05B, based on 2 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133222311111111111187655551312
EPS--------$-0.39$0.29$-0.39$0.43$0.76$-2.46$-0.04$-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$0.08$0.04
Avg Forecast$0.52$0.30$0.38$0.22$0.60$0.51$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$0.78$0.68
High Forecast$0.55$0.31$0.40$0.32$0.71$0.52$0.43$0.35$0.55$0.38$0.33$0.18$0.52$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$0.82
Low Forecast$0.50$0.28$0.36$0.08$0.45$0.49$0.43$0.35$0.49$0.33$0.30$0.16$0.47$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$0.62$0.54
Surprise %---------0.75%0.84%-1.23%2.52%1.54%-6.08%-0.47%-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%0.10%0.06%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BBAIBigBear.ai$1.61$3.0086.34%Buy
XRXXerox$8.39$11.0031.11%Hold
KDKyndryl$23.00$29.8029.57%Buy
CDWCDW$191.10$232.8021.82%Buy
FISVFiserv$114.23$133.1116.53%Buy
FISFidelity National Information Services$89.70$101.3613.00%Buy
ACNAccenture$343.90$375.079.06%Buy
ASGNASGN$91.43$99.008.28%Hold
JKHYJack Henry & Associates$184.32$191.804.06%Buy
CTSHCognizant Technology Solutions$74.90$75.881.31%Hold
ITGartner$505.06$450.00-10.90%Hold
LDOSLeidos$186.32$156.64-15.93%Buy
BRBroadridge Financial Solutions$209.64$176.00-16.05%Buy
EXLSExlService$42.12$32.64-22.51%Buy

XRX Forecast FAQ


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.

Xerox (XRX) average price target is $11 with a range of $8 to $14, implying a 31.11% from its last price of $8.39. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for XRX stock, the company can go up by 31.11% (from the last price of $8.39 to the average price target of $11), up by 66.87% based on the highest stock price target, and down by -4.65% based on the lowest stock price target.

XRX's highest twelve months analyst stock price target of $14 supports the claim that Xerox can reach $13 in the near future.

1 Wall Street analyst forecast a $8 price target for Xerox (XRX) this month, down -4.65% from its last price of $8.39. Compared to the last 3 and 12 months, the average price target increased by 13.23% and increased by 19.19%, respectively.

Xerox's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $6.41B (high $6.56B, low $6.23B), average EBITDA is $768.86M (high $797.65M, low $734.35M), average net income is $62.06M (high $103.95M, low $16.35M), average SG&A $2.25B (high $2.49B, low $1.99B), and average EPS is $1.89 (high $2.02, low $1.73). XRX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.33B (high $6.56B, low $6.09B), average EBITDA is $955.11M (high $990.19M, low $918.98M), average net income is $177.03M (high $197.74M, low $151.61M), average SG&A $1.56B (high $1.62B, low $1.5B), and average EPS is $1.42 (high $1.59, low $1.22).

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%