Xerox stock price forecast institutional buying has ticked up

Institutional buying has ticked up, which could offer short-term tailwinds if macroeconomic conditions stabilize. There's been a notable change in appetite for Xerox Holdings Corporation ( NASDAQ:XRX ) shares in the week since its first-quarter report, with the stock down 11% to US$14.38. The result was fairly weak overall, with revenues of US$1.5b being 4.1% less than what the analysts had been modelling. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. Price Action: At last check Thursday, Xerox stock was trading down 21.7% at $4.09, reflecting deepening investor concern over both near-term execution risks and the viability of the company’s reinvention efforts.