Xerox (NASDAQ:XRX) Stock Rating Upgraded by Zacks Research

Xerox (NASDAQ:XRX) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Citigroup reaffirmed a “neutral” rating and issued a $2.50 price objective (down from $3.50) on shares of Xerox in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xerox in a research note on Monday. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $2.50.

Xerox Trading Up 20.0%

Xerox stock traded up $0.45 during midday trading on Thursday, reaching $2.70. The stock had a trading volume of 20,141,471 shares, compared to its average volume of 5,898,445. The firm’s fifty day simple moving average is $1.56 and its two-hundred day simple moving average is $2.27. Xerox has a twelve month low of $1.19 and a twelve month high of $6.80. The company has a debt-to-equity ratio of 14.04, a current ratio of 1.18 and a quick ratio of 0.79. The firm has a market cap of $353.11 million, a price-to-earnings ratio of -0.33 and a beta of 2.28.

Xerox (NASDAQ:XRX) last posted its quarterly earnings data on Thursday, April 30th. The information technology services provider reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.09. Xerox had a negative net margin of 14.09% and a negative return on equity of 12.08%. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.78 billion. During the same quarter last year, the business posted ($0.06) EPS. The company’s revenue was up 26.7% on a year-over-year basis. Equities analysts anticipate that Xerox will post 0.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Xerox

A number of institutional investors have recently modified their holdings of XRX. S Harris Financial Group LLC acquired a new stake in shares of Xerox during the 4th quarter valued at $25,000. Captrust Financial Advisors acquired a new stake in shares of Xerox during the 4th quarter valued at $26,000. Williams & Novak LLC acquired a new stake in shares of Xerox during the 4th quarter valued at $27,000. Arkadios Wealth Advisors acquired a new stake in shares of Xerox during the 4th quarter valued at $35,000. Finally, Levin Capital Strategies L.P. acquired a new stake in shares of Xerox during the 4th quarter valued at $36,000. Institutional investors and hedge funds own 85.36% of the company’s stock.

Key Xerox News

Here are the key news stories impacting Xerox this week:

• Positive Sentiment: Q1 revenue and EPS vs. estimates: Xerox reported Q1 revenue of about $1.85B (up ~27% YoY) and reported EPS of -$0.11, beating consensus revenue and EPS estimates — a key near-term catalyst for the rally. Xerox Releases First-Quarter Results
• Positive Sentiment: Market reaction / momentum: Analysts and headlines highlighted the beat and CEO optimism, driving intraday gains and a breakout after weeks of being heavily shorted. News coverage points to the earnings beat and management tone as the main reasons for the surge. Why Xerox Stock Is Surging On Friday?
• Positive Sentiment: Short-squeeze and options activity: High short interest plus heavy call buying and unusual options flows amplified the move higher — traders report spikes in call volume and short-covering that accelerated the rally. Short Squeeze And Earnings
• Neutral Sentiment: Product/service update: Xerox launched “Xerox IT as a Service” targeting SMBs — a growth initiative that supports revenue diversification but will take time to scale. Xerox Launches Xerox IT as a Service
• Neutral Sentiment: Earnings detail and management commentary: The Q1 earnings transcript and slide deck show management is focused on stabilizing revenue, expanding adjusted operating margin and improving liquidity — useful for assessing sustainability of the recovery. Xerox (XRX) Q1 2026 Earnings Transcript
• Negative Sentiment: Profitability and leverage remain concerns: Xerox is still reporting negative net margins and remains highly leveraged (debt-to-equity is elevated), which limits upside unless operating profits improve. Xerox Reports Q1 Loss, Tops Revenue Estimates
• Negative Sentiment: Contrarian/options signals: Earlier spikes in put buying and very choppy, high-volume trading indicate continued volatility and the possibility of sharp reversals as shorts re-enter or momentum fades.

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.