B. Riley Predicts Crexendo’s Q1 Earnings (NASDAQ:CXDO)

Crexendo, Inc. (NASDAQ:CXDO) – Research analysts at B. Riley issued their Q1 2025 earnings estimates for shares of Crexendo in a research report issued on Wednesday, March 5th. B. Riley analyst J. Nichols anticipates that the company will post earnings of $0.04 per share for the quarter. B. Riley currently has a “Buy” rating and a $7.50 target price on the stock. The consensus estimate for Crexendo’s current full-year earnings is $0.14 per share. B. Riley also issued estimates for Crexendo’s FY2025 earnings at $0.19 EPS and FY2026 earnings at $0.24 EPS.

Separately, D. Boral Capital boosted their price target on shares of Crexendo from $7.00 to $10.00 and gave the stock a “buy” rating in a research report on Thursday, March 6th.

Crexendo Stock Performance

Shares of NASDAQ CXDO opened at $5.91 on Monday. The company has a market capitalization of $164.89 million, a P/E ratio of 197.07 and a beta of 1.15. Crexendo has a 52-week low of $2.92 and a 52-week high of $7.34. The company’s 50 day moving average price is $5.90 and its 200-day moving average price is $5.39.

Insider Activity at Crexendo

In related news, CTO David Tzat-Kin Wang sold 12,293 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $5.15, for a total transaction of $63,308.95. Following the transaction, the chief technology officer now owns 443,079 shares in the company, valued at $2,281,856.85. The trade was a 2.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 56.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Barclays PLC acquired a new position in Crexendo during the third quarter worth $109,000. Geode Capital Management LLC raised its holdings in Crexendo by 18.4% during the third quarter. Geode Capital Management LLC now owns 140,193 shares of the company’s stock worth $651,000 after buying an additional 21,739 shares during the last quarter. GSA Capital Partners LLP raised its holdings in Crexendo by 41.2% during the third quarter. GSA Capital Partners LLP now owns 17,598 shares of the company’s stock worth $82,000 after buying an additional 5,139 shares during the last quarter. ARS Investment Partners LLC acquired a new position in Crexendo during the fourth quarter worth $243,000. Finally, NewEdge Advisors LLC raised its holdings in Crexendo by 265.3% during the fourth quarter. NewEdge Advisors LLC now owns 57,858 shares of the company’s stock worth $303,000 after buying an additional 42,020 shares during the last quarter. Institutional investors and hedge funds own 9.53% of the company’s stock.

Crexendo Company Profile

Crexendo, Inc provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States and internationally. It operates through two segments, Cloud Telecommunications Services and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as develops end user portals for account and license management, and billing and customer support.