What is Zacks Research’s Forecast for Xerox FY2026 Earnings?

Xerox Holdings Co. (NASDAQ:XRX) – Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Xerox in a research note issued on Thursday, August 20th. Zacks Research analyst Team now forecasts that the information technology services provider will post earnings of $0.18 per share for the year, down from their prior estimate of $0.21. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $0.19 per share. Zacks Research also issued estimates for Xerox’s Q4 2026 earnings at $0.29 EPS, Q2 2027 earnings at $0.20 EPS, Q3 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.27 EPS, Q1 2028 earnings at $0.17 EPS, Q2 2028 earnings at $0.31 EPS and FY2028 earnings at $1.00 EPS.

Xerox (NASDAQ:XRX) last issued its earnings results on Thursday, July 30th. The information technology services provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.32. Xerox had a negative net margin of 11.93% and a positive return on equity of 17.61%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter last year, the company earned ($0.64) earnings per share. The firm’s revenue was up 22.0% compared to the same quarter last year.

XRX has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xerox in a research report on Friday, July 24th. Noble Financial assumed coverage on Xerox in a report on Tuesday. They issued an “outperform” rating and a $5.00 target price on the stock. Needham & Company LLC set a $5.00 price target on Xerox in a research note on Tuesday. Finally, Citigroup reaffirmed a “neutral” rating and set a $3.45 price target (up from $2.50) on shares of Xerox in a report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $4.48.

Xerox Trading Down 0.4%

NASDAQ XRX opened at $2.84 on Friday. Xerox has a 52 week low of $1.19 and a 52 week high of $4.27. The firm has a 50 day moving average of $2.98 and a two-hundred day moving average of $2.38. The company has a quick ratio of 0.85, a current ratio of 1.18 and a debt-to-equity ratio of 12.58. The stock has a market capitalization of $372.95 million, a PE ratio of -0.38 and a beta of 2.40.

Xerox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Wednesday, September 30th. Xerox’s payout ratio is currently -1.36%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XRX. AQR Capital Management LLC lifted its position in Xerox by 71.7% in the first quarter. AQR Capital Management LLC now owns 345,631 shares of the information technology services provider’s stock valued at $1,661,000 after acquiring an additional 144,280 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Xerox by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,047 shares of the information technology services provider’s stock worth $333,000 after purchasing an additional 2,838 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Xerox by 37.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,575,229 shares of the information technology services provider’s stock worth $7,608,000 after purchasing an additional 431,349 shares during the last quarter. Empowered Funds LLC increased its position in shares of Xerox by 2.1% during the first quarter. Empowered Funds LLC now owns 619,381 shares of the information technology services provider’s stock worth $2,992,000 after purchasing an additional 12,633 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Xerox by 9.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 600,018 shares of the information technology services provider’s stock worth $2,898,000 after purchasing an additional 50,467 shares in the last quarter. Institutional investors and hedge funds own 85.36% of the company’s stock.

About Xerox

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.