Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Crexendo, Inc. Market Cap
The Crexendo, Inc. (CXDO) share price is expected to increase by 36.17% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CXDO. Price targets range from $6 at the low end to $7 at the high end. The current analyst consensus for CXDO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CXDO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Crexendo, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CXDO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CXDO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Josh Nichols B. Riley Securities | Buy | $6 | Maintains | Aug 7, 2024 |
| Josh Nichols B. Riley Securities | Buy | $5.75 | Upgrade | May 8, 2024 |
| Josh Nichols B. Riley Securities | Neutral | $6.75 | Reiterates | Mar 6, 2024 |
| Eric Martinuzzi Lake Street | Buy | $7 | Maintains | Mar 6, 2024 |
| Josh Nichols B. Riley Securities | Neutral | $6.75 | Downgrade | Jan 31, 2024 |
| Michael Latimore Northland Capital Markets | Outperform | $4 | Initiates | Sep 27, 2022 |
| Josh Nichols B. Riley Securities | Buy | $4 | Maintains | May 13, 2022 |
| Eric Martinuzzi Lake Street | Buy | $7 | Maintains | Mar 22, 2022 |
| Josh Nichols B. Riley Securities | Buy | $6.5 | Maintains | Mar 22, 2022 |
Lake Street | Buy | Initiates | Nov 22, 2021 | |
B. Riley Securities | Buy | Initiates | Sep 29, 2020 | |
B. Riley FBR | Buy | Initiates | Sep 29, 2020 |
When did it IPO
N/A
Staff Count
182
Country
United States
Sector/Industry
Communication Services/Telecom Services
CEO
Mr. Jeffrey G. Korn
Market Cap
$134.1M
In 2023, CXDO generated $53.2M in revenue, which was a increase of 41.66% from the previous year. This can be seen as a signal that CXDO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 21 Aug 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - PHOENIX, AZ / ACCESSWIRE / August 21, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced their schedule for upcoming investor conferences. Crexendo will discuss with investors its surge in usage to 5 million users, its consecutive string of GAAP profitable quarters, its top-rated customer service and its award-winning disruptive technology.
Tue, 13 Aug 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - PHOENIX, AZ / ACCESSWIRE / August 13, 2024 / Crexendo®, Inc. (Nasdaq:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced it has surpassed 5 million global users*. Crexendo's software platform is the third largest, and fastest growing software platform in North America, according to Frost & Sullivan, and is growing at nearly twice the rate of the two largest platform providers in the UCaaS industry, thus firmly establishing Crexendo as a top-tier provider on a global stage.
Tue, 13 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Crexendo (CXDO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wed, 07 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Crexendo, Inc. (NASDAQ:CXDO) Q2 2024 Earnings Call Transcript August 6, 2024 4:30 PM ET
Tue, 06 Aug 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - PHOENIX, AZ / ACCESSWIRE / August 6, 2024 / Crexendo, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platform and services, video collaboration and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced financial results for the second quarter ended June 30, 2024. Financial highlights: Revenue of $14.7 million, up 16% year-over-year Net income of $0.6 million, up 220% year-over-year Non-GAAP net income of $2.1 million, up 91% year-over-year EPS of $0.02 per basic and diluted common share, up 200% year-over-year Non-GAAP EPS of $0.08 per basic and $0.07 per diluted common share, up 100% and 75%, respectively year-over year.
Tue, 06 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Crexendo (CXDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.
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