Xerox Holdings Corporation (XRX) AI Stock Analysis

Xerox Holdings Corporation specializes in designing, developing, and distributing document management systems and workplace technology solutions worldwide. Its hardware portfolio includes desktop monochrome, color, and multifunction printers, alongside digital printing presses and light production devices. In addition to hardware, Xerox delivers digital services for workflow automation, personalization, content management, and digitization. It also operates in graphic communications and production solutions, as well as IT services covering end-user computing devices, network infrastructure, and commercial robotic process automation. Proprietary software offerings include FreeFlow for print job automation and XMPie for multichannel personalization.

Xerox generated $7.02B in revenue in FY2025, rebounding 12.9% from $6.22B in FY2024 after declining 9.7% in FY2024 and 3.1% in FY2023. Over the five years from FY2020 to FY2025, revenue CAGR was 0.0%. Gross margin narrowed from 34.1% in FY2021 to 27.1% in FY2025, while operating margin came in at -0.8% in FY2025. Annual net income has remained negative over the period, recording -$1.32B in FY2024 and -$1.03B in FY2025. Over the trailing twelve months, revenue reached $7.76B with an operating margin of 7.3% and a net margin of -11.9%. In the latest quarter ended June 30, 2026, quarterly revenue grew 22.0% year-over-year, and earnings increased 17.7%.

As of June 30, 2026, Xerox held $495.0M in cash and short-term investments against $4.22B in total debt, resulting in net debt of $3.73B. Total assets stood at $9.72B and shareholders' equity was $544.0M, generating a debt-to-equity ratio of 7.76 and a current ratio of 1.18. In FY2025, operating cash flow was $350.0M and free cash flow was $259.0M. Capital expenditures totaled $91.0M, and cash dividends paid were $71.0M. Over the past five years, the company's share count decreased 16.4%.

At a last close of $2.47, Xerox has a market capitalization of $324.3M and an enterprise value of $4.40B. The stock trades at a forward P/E of 2.6x, compared to a median of 17.2x for its US-listed Industrials peers. Its EV-to-EBITDA ratio is 12.3x, compared to the peer median of 13.9x, and its price-to-sales ratio is 0.0x against the peer median of 1.5x. Over the past year, Xerox shares declined 17.1%, while the S&P 500 (SPY) returned 16.8%. Over a five-year period, Xerox shares fell 83.6%, compared to an 83.0% gain for the S&P 500.

Xerox pays a quarterly dividend with an annual forward payout of $0.10, yielding 4.05% based on its last close. The payout ratio stands at 3.3%, and the company has paid dividends for 20 consecutive years. However, its dividend has decreased at an annualized five-year rate of 27.5%. The last ex-dividend date was September 30, 2026.

Across 4 analysts covering Xerox, ratings consist of 1 Strong Buy, 0 Buy, 1 Hold, 1 Sell, and 1 Strong Sell. The mean price target is $3.50, which is 41.7% above the last close of $2.47. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.14 on revenue of $7.60B. For the following fiscal year, 2 analysts project EPS of $0.30 on revenue of $7.46B. Xerox beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Xerox Holdings Corporation (XRX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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