XRX’s RSI reading near 55 signals balanced momentum, neither overbought nor oversold. Short-term Xerox stock price forecast calls for sideways trade before an earnings-driven breakout. Xerox Holdings Corporation XRX reported mixed third-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The earnings beat failed to impress investors as the stock lost 2.5% since the company’s earnings release on Oct 24. Xerox doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. The company’s exposure to foreign exchange swings could mildly impact 2024 earnings. Nevertheless, the Xerox stock price forecast remains stable with central support at $18.00 as long as hedging strategies remain intact.