In April in the UFC on FOX 15 main event in New Jersey, Machida lost against middleweight title challenger Luke Rockhold after submitting in the second round.
In Fight Night 70 on Saturday, Machida (22-6 MMA, 14-6 UFC) fights Yoel Romero (9-1 MMA, 5-0 UFC) in the main fight at Seminole Hard Rock Hotel & Casino in Hollywood.
He feels that if he wins then he will be right back in contention again.
"That's my goal – to rebuild, one fight at a time," Machida told MMAjunkie. "After this victory, I think I'm going to be in the mix again."
Experience will count big time in Saturday's fight according to Machida, who has almost three times more fights overall than Romero plus he has faced more quality opponents overall in his career.
"I think it can help me because even though we're almost the same age, I have way more fights than him," he said.
"I don't know if he has faced an athlete like me. It's hard to say because he's a tough opponent, and I have a tough fight on Saturday. I don't want to be surprised.
"I think Romero has heavy hands and he's a silver Olympic medal wrestler, so he's a complete fighter. He can be dangerous," he added.
Should Machida win it won't give him an automatic title fight as that opportunity now falls to Rockhold after his win over Machida.
Rockhold is expected to be fighting champion Chris Weidman later this year.