Zacks Research Has Pessimistic View of Xerox Q1 Earnings

Xerox Holdings Co. (NASDAQ:XRX) – Research analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for Xerox in a note issued to investors on Thursday, February 19th. Zacks Research analyst Team now forecasts that the information technology services provider will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.02. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s Q2 2026 earnings at $0.16 EPS, Q4 2026 earnings at $0.48 EPS, Q2 2027 earnings at $0.07 EPS, Q3 2027 earnings at $0.42 EPS, Q4 2027 earnings at $0.60 EPS, FY2027 earnings at $1.17 EPS and FY2028 earnings at $1.41 EPS.

XRX has been the topic of several other reports. Weiss Ratings started coverage on shares of Xerox in a research note on Wednesday, January 28th. They issued a “sell (d-)” rating on the stock. Citigroup reiterated a “neutral” rating and issued a $2.50 price objective (down previously from $3.50) on shares of Xerox in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $2.50.

Xerox Price Performance

XRX stock opened at $1.86 on Friday. The firm has a 50 day moving average of $2.37 and a 200-day moving average of $3.07. The firm has a market capitalization of $238.15 million, a P/E ratio of -0.23 and a beta of 1.72. Xerox has a 12 month low of $1.83 and a 12 month high of $8.12. The company has a current ratio of 1.12, a quick ratio of 0.80 and a debt-to-equity ratio of 8.94.

Xerox (NASDAQ:XRX) last issued its earnings results on Thursday, January 29th. The information technology services provider reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.25). Xerox had a negative return on equity of 8.26% and a negative net margin of 14.65%.The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the business earned $0.36 EPS. The firm’s revenue for the quarter was up 25.7% compared to the same quarter last year.

Institutional Investors Weigh In On Xerox

Several hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of Xerox by 12.6% during the 4th quarter. Invesco Ltd. now owns 450,416 shares of the information technology services provider’s stock valued at $1,067,000 after purchasing an additional 50,550 shares during the last quarter. Empowered Funds LLC boosted its stake in Xerox by 10.2% in the fourth quarter. Empowered Funds LLC now owns 652,289 shares of the information technology services provider’s stock worth $1,546,000 after buying an additional 60,195 shares in the last quarter. XTX Topco Ltd bought a new position in Xerox during the fourth quarter valued at approximately $559,000. Quadrature Capital Ltd raised its stake in shares of Xerox by 108.7% during the fourth quarter. Quadrature Capital Ltd now owns 154,966 shares of the information technology services provider’s stock worth $367,000 after acquiring an additional 80,709 shares in the last quarter. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Xerox in the 4th quarter worth approximately $52,000. Institutional investors own 85.36% of the company’s stock.

Xerox Company Profile

Xerox Holdings Corporation (NYSE: XRX) is a global provider of document management technology and services. The company designs and manufactures a broad range of multifunction printers, production printers, digital presses and related consumables. In addition to its hardware offerings, Xerox delivers software and workflow automation solutions, managed print services and cloud-based document platforms that help organizations optimize their information-intensive processes.

Founded in 1906 as The Haloid Photographic Company, Xerox pioneered xerographic imaging in the late 1940s, launching the first plain-paper copier in 1959.