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 $9.00 (represents a 4.77% upside from XRX’s last price of $8.59) 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 $9.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $8.00. This represents a potential 4.77% upside from XRX's last price of $8.59.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 04, 2024	Ananda Baruah	Loop Capital Markets	$8.00	$8.39	-4.65%	-6.87%
Oct 30, 2024	Erik Woodring	Morgan Stanley	$8.00	$8.54	-6.38%	-6.87%
Aug 14, 2024	Ananda Baruah	Loop Capital Markets	$11.00	$9.93	10.78%	28.06%
Jul 17, 2024	Asiya Merchant	Citigroup	$11.00	$11.95	-7.91%	28.06%
Jul 27, 2022		Morgan Stanley	$14.00	$16.63	-15.79%	62.98%
Jul 14, 2022		J.P. Morgan	$14.00	$13.64	2.60%	62.98%
Apr 22, 2022		Morgan Stanley	$13.00	$17.11	-24.00%	51.34%
Apr 22, 2022	Jim Suva	Citigroup	$15.00	$16.74	-10.39%	74.62%

The latest Xerox stock forecast, released on Nov 04, 2024 by Ananda Baruah from Loop Capital Markets, set a price target of $8.00, which represents a -4.65% decrease from the stock price at the time of the forecast ($8.39), and a -6.87% decrease from XRX last price ($8.59).

Xerox Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	4
Avg Price Target	-	$8.00	$9.50
Last Closing Price	$8.59	$8.59	$8.59
Upside/Downside	-100.00%	-6.87%	10.59%

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 $8.59. 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
Oct 30, 2024	Morgan Stanley	Underweight	Underweight	Hold
Oct 09, 2024	Loop Capital Markets	Hold	Hold	Hold
Sep 10, 2024	UBS	Sell	Sell	Hold
Sep 10, 2024	Loop Capital Markets	Hold	Hold	Hold
Aug 27, 2024	Citigroup	Underweight	Sell	Initialise
Aug 14, 2024	Loop Capital Markets	Hold	Hold	Hold
Aug 14, 2024	Jefferies	Hold	Hold	Hold
Aug 14, 2024	Citigroup	Underweight	Underweight	Hold
Jun 28, 2024	Citigroup	Buy	Sell	Initialise
Jun 14, 2024	Credit Suisse	Underperform	Underperform	Hold
Jun 14, 2024	Citigroup	Buy	Buy	Hold
May 30, 2024	Morgan Stanley	Underweight	Underweight	Hold
May 30, 2024	Exane BNP Paribas		Underperform	Initialise
Apr 01, 2024	Credit Suisse	Underperform	Underperform	Hold
Jan 17, 2024	Needham	Buy	Buy	Hold
Jan 17, 2024	Credit Suisse	Underperform	Underperform	Hold
Dec 14, 2023	BMO Capital	Market Perform	Market Perform	Hold
Dec 14, 2023	Credit Suisse	Underperform	Underperform	Hold
Nov 13, 2023	Argus Research	Buy	Buy	Hold
Nov 13, 2023	Credit Suisse	Underperform	Underperform	Hold
Oct 16, 2023	Credit Suisse	Underperform	Underperform	Hold
Oct 16, 2023	Citigroup	Sell	Sell	Hold
Jul 28, 2023	Citigroup	Sell	Sell	Hold
May 11, 2023	Citigroup	Sell	Sell	Hold
Apr 26, 2023	Morgan Stanley	Underweight	Underweight	Hold
Apr 14, 2023	Citigroup	Sell	Sell	Hold
Feb 27, 2023	UBS	Neutral	Neutral	Hold
Jul 27, 2022	Morgan Stanley	Underweight	Underweight	Hold
Apr 26, 2022	Zacks Investment Research	Hold	Strong Sell	Downgrade
Apr 25, 2022	Zacks Investment Research		Hold	Upgrade
Apr 24, 2022	Citigroup	Sell	Sell	Hold

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 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	Jun 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	Mar 18	Mar 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	$1.59B	$1.57B	$1.62B	$1.57B	$1.58B	$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	$1.61B	$1.60B	$1.64B	$1.61B	$1.60B	$1.63B	$1.62B	$1.53B	$1.80B	$1.75B	$1.78B	$1.75B	$1.91B	$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	$1.57B	$1.55B	$1.59B	$1.53B	$1.57B	$1.62B	$1.57B	$1.53B	$1.76B	$1.70B	$1.73B	$1.70B	$1.86B	$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
# Analysts	1	1	1	2	3	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5	5	5	13	12
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 1 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 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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5	5	5	13	12
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	$93.95M	$92.98M	$95.64M	$92.70M	$93.13M	$96.04M	$94.47M	$32.20M	$105.69M	$102.19M	$103.61M	$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	$95.19M	$94.20M	$96.90M	$95.11M	$94.36M	$96.39M	$95.71M	$38.64M	$106.28M	$103.53M	$104.97M	$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	$92.49M	$91.53M	$94.16M	$90.29M	$92.54M	$95.70M	$93.00M	$25.76M	$104.05M	$100.60M	$101.99M	$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 %	-	-	-	-	-	-	-	-	-0.83%	0.62%	1.43%	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 $105.69M, with a high of $106.28M and a low of $104.05M. This is 67.77% 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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5	5	5	13	12
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	$57.61M	$31.70M	$44.63M	$25.53M	$61.39M	$63.17M	$53.40M	$-128.79M	$64.28M	$43.11M	$39.34M	$-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	$58.60M	$32.24M	$45.39M	$35.74M	$69.66M	$64.97M	$53.43M	$-103.03M	$68.06M	$46.80M	$40.02M	$-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	$56.45M	$31.06M	$43.73M	$10.21M	$57.85M	$61.37M	$53.37M	$-154.55M	$60.50M	$40.64M	$38.55M	$-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 $64.28M, with a range of $60.50M to $68.06M. XRX's average Quarter net income forecast represents a 31.19% 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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5	5	5	13	12
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	$391.90M	$387.84M	$398.96M	$386.67M	$388.48M	$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	$397.06M	$392.94M	$404.21M	$396.71M	$393.59M	$402.07M	$399.24M	$1.26B	$443.34M	$431.87M	$437.86M	$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	$385.81M	$381.81M	$392.76M	$376.63M	$386.03M	$399.18M	$387.93M	$837.16M	$434.03M	$419.64M	$425.45M	$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 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	Jun 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	Mar 18	Mar 17
# Analysts	1	1	1	2	3	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5	5	5	13	12
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	$0.46	$0.25	$0.36	$0.21	$0.49	$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	$0.47	$0.26	$0.37	$0.29	$0.56	$0.52	$0.43	$0.35	$0.55	$0.38	$0.32	$0.17	$0.50	$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	$0.45	$0.25	$0.35	$0.08	$0.47	$0.49	$0.43	$0.35	$0.49	$0.33	$0.31	$0.17	$0.48	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CDW	CDW	$176.66	$245.00	38.68%	Buy
LDOS	Leidos	$150.14	$187.33	24.77%	Buy
FIS	Fidelity National Information Services	$83.17	$95.00	14.22%	Buy
JKHY	Jack Henry & Associates	$177.67	$200.50	12.85%	Buy
IT	Gartner	$497.42	$545.75	9.72%	Hold
ACN	Accenture	$357.30	$378.21	5.85%	Buy
XRX	Xerox	$8.59	$9.00	4.77%	Hold
CTSH	Cognizant Technology Solutions	$81.03	$82.29	1.55%	Hold
ASGN	ASGN	$87.17	$88.00	0.95%	Buy
BR	Broadridge Financial Solutions	$229.69	$230.00	0.13%	Hold
KD	Kyndryl	$35.39	$33.00	-6.75%	Buy
BBAI	BigBear.ai	$3.40	$3.00	-11.76%	Buy
EXLS	ExlService	$45.59	$39.00	-14.45%	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 $9 with a range of $8 to $11, implying a 4.77% from its last price of $8.59. 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 4.77% (from the last price of $8.59 to the average price target of $9), up by 28.06% based on the highest stock price target, and down by -6.87% based on the lowest stock price target.

Can Xerox stock reach $13?

XRX's average twelve months analyst stock price target of $9 does not support the claim that Xerox can reach $13 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 $6.34B (high $6.38B, low $6.3B), average EBITDA is $315.84M (high $325.09M, low $307M), average net income is $49.18M (high $85.03M, low $18.05M), average SG&A $2.23B (high $2.45B, low $2.01B), and average EPS is $1.79 (high $1.87, low $1.74). XRX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.35B (high $6.46B, low $6.24B), average EBITDA is $375.27M (high $381.4M, low $368.47M), average net income is $159.47M (high $171.97M, low $141.44M), average SG&A $1.57B (high $1.59B, low $1.54B), and average EPS is $1.28 (high $1.38, low $1.14).

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 $345.92M by -108.09%. The company's net income was $-13M, missing the average estimation of $8.99M by -244.68%. 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 $105.69M by -183.26%. Xerox's net income was $-61M, missing the average estimation of $64.28M by -194.90%. 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%