B. Riley Weighs in on Crexendo’s Q1 Earnings (NASDAQ:CXDO)

Crexendo, Inc. (NASDAQ:CXDO) – B. Riley issued their Q1 2025 earnings per share estimates for Crexendo in a research note issued on Wednesday, March 5th. B. Riley analyst J. Nichols expects 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 raised their price target on shares of Crexendo from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Thursday.

Crexendo Price Performance

NASDAQ:CXDO opened at $6.47 on Monday. The stock has a market cap of $172.85 million, a PE ratio of 215.74 and a beta of 1.15. Crexendo has a fifty-two week low of $2.92 and a fifty-two week high of $7.34. The stock’s 50-day moving average is $5.88 and its two-hundred day moving average is $5.38.

Institutional Investors Weigh In On Crexendo

Large investors have recently made changes to their positions in the company. Bank of America Corp DE raised its position in Crexendo by 71.7% during the fourth quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock valued at $32,000 after acquiring an additional 2,578 shares in the last quarter. Creative Financial Designs Inc. ADV acquired a new position in shares of Crexendo during the 4th quarter worth $44,000. Walleye Capital LLC bought a new position in shares of Crexendo during the 4th quarter valued at $69,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Crexendo in the 4th quarter valued at $69,000. Finally, GSA Capital Partners LLP lifted its stake in shares of Crexendo by 41.2% in the 3rd quarter. GSA Capital Partners LLP now owns 17,598 shares of the company’s stock valued at $82,000 after purchasing an additional 5,139 shares during the last quarter. Institutional investors own 9.53% of the company’s stock.

Insider Buying and Selling

In other Crexendo news, CTO David Tzat-Kin Wang sold 6,000 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $5.15, for a total value of $30,900.00. Following the transaction, the chief technology officer now directly owns 443,079 shares of the company’s stock, valued at $2,281,856.85. This represents a 1.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 124,960 shares of company stock worth $616,877. Corporate insiders own 56.20% 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.