Xerox downgraded by Morgan Stanley with a new price target
$XRX
Computer peripheral equipment
Technology
Morgan Stanley downgraded Xerox from Equal-Weight to Underweight and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/18/2025 | $4.50 | Neutral | Citigroup |
| 6/28/2024 | $11.00 | Sell | Citigroup |
| 8/17/2022 | $14.00 | Underperform | Credit Suisse |
| 9/23/2021 | $17.00 | Underweight | Morgan Stanley |
John Bruno accepts CEO role outside company; Louie Pastor named successor Xerox Holdings Corporation (NASDAQ:XRX) today announced that its President and Chief Operating Officer, John Bruno, has decided to pursue a CEO opportunity outside of Xerox. Bruno, who has served as President and COO since 2022 and as a Xerox Board member since 2024, will remain in his operating role through August 31, and then continue as a member of the Xerox Board of Directors. In his Board member role, he will chair the newly formed Integration Committee, overseeing the combination of Xerox and Lexmark. Louie Pastor has been named President and Chief Operating Officer, effective September 1. "Leading Reinventi
Xerox Holdings Corporation (NASDAQ:XRX) announced today that its board of directors declared a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on October 31, 2025, to shareholders of record on September 30, 2025. The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2025, to shareholders of record on September 15, 2025. About Xerox Holdings Corporation (NASDAQ:XRX) Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today's hybr
Xerox Holdings Corporation (NASDAQ:XRX) today announced it has entered into an agreement with Kyocera Document Solutions Inc. to source Kyocera's high-speed cut-sheet inkjet production presses. This collaboration marks the company's re-entry into the fast-growing cut-sheet inkjet (CSIJ) market and significantly broadens its production print portfolio. Through this partnership, Xerox will offer clients high-performance, cost-effective color inkjet presses integrated with the Xerox Production Ecosystem - including Xerox® FreeFlow® Workflow Automation Software, finishing, and remote service. The new platform will deliver an end-to-end solution tailored to the evolving needs of modern print p
4 - Xerox Holdings Corp (0001770450) (Issuer)
4 - Xerox Holdings Corp (0001770450) (Issuer)
4 - Xerox Holdings Corp (0001770450) (Issuer)
Citigroup resumed coverage of Xerox with a rating of Neutral and set a new price target of $4.50
Citigroup initiated coverage of Xerox with a rating of Sell and set a new price target of $11.00
Credit Suisse initiated coverage of Xerox with a rating of Underperform and set a new price target of $14.00
4 - Xerox Holdings Corp (0001770450) (Issuer)
4 - Xerox Holdings Corp (0001770450) (Issuer)
4 - Xerox Holdings Corp (0001770450) (Issuer)
8-K - Xerox Holdings Corp (0001770450) (Filer)
10-Q - Xerox Holdings Corp (0001770450) (Filer)
8-K - Xerox Holdings Corp (0001770450) (Filer)
Xerox Holdings Corporation (NASDAQ:XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected to close during the fourth quarter of 2024 and remains subject to merger clearance control. ITsavvy is a portfolio company of GenNx360 Capital Partners, a New York-based private equity firm. "As part of our Reinvention we have created a greater organizational focus on our emerging IT Service
Collaboration aims to deliver advanced digital embellishment capabilities to clients Xerox Holdings Corporation (NASDAQ:XRX) and Taktiful Software Solutions today announced the intent to form a new strategic partnership to extend their presence in the digital embellishment market. This new alliance will build upon a foundation of successful collaboration, leveraging Xerox industry-leading digital printing technology and expansive market reach alongside Taktiful's AI-powered digital embellishment solutions and focus on client-specific empowerment. It will mark a significant step forward in delivering extraordinary production print enhancement capabilities and maximizing business developmen
Xerox Holdings Corporation (NASDAQ:XRX) today announced the election of six new members to the Company's Board of Directors at its Annual Meeting of Shareholders. The new members bring deep technology, product, and operations expertise to further Xerox's Reinvention objective of becoming a services-led, software-enabled organization positioned for sustainable, long-term growth. The newly elected Directors are as follows: John Bruno, President and Chief Operating Officer, Xerox Tami Erwin, former Executive Vice President and Group CEO, Verizon Business Group Priscilla Hung, former President & Chief Operating Officer, Guidewire Software Edward McLaughlin, President & Chief Techn
Xerox Holdings Corporation (NASDAQ:XRX) announced today that its board of directors declared a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on October 31, 2025, to shareholders of record on September 30, 2025. The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2025, to shareholders of record on September 15, 2025. About Xerox Holdings Corporation (NASDAQ:XRX) Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today's hybr
Reinvention drives revenue stability; Lexmark acquisition advances Reinvention with strengthened core offerings and synergy opportunities Financial Summary Q2 2025 Revenue of $1.58 billion, down 0.1 percent, and 1.1 percent in constant currency. GAAP net (loss) of $(106) million, or $(0.87) per share, declined by $124 million or $0.98 per share, year-over-year, respectively. Adjusted net (loss) of $(77) million, or $(0.64) per share, declined by $118 million or $0.93 per share, year-over-year, respectively. Adjusted operating margin of 3.7 percent, 170 basis points lower year-over-year. Operating cash flow of $(11) million, lower by $134 million year-over-year. Free cas
Xerox announced today that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 per share ($0.10 per share annualized). Accordingly, Xerox announced the declaration of a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2025, to shareholders of record on June 30, 2025. In December 2024, Xerox announced a reduction to its dividend in conjunction with the planned acquisition of Lexmark, reflecting the prioritization of debt repayment following acquisition close. Since then, yields on Xerox publicly traded debt ha
SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)
SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)
SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)