Crexendo, Inc. (CXDO)
NASDAQ: CXDO · Real-Time Price · USD
5.03
-0.14 (-2.71%)
At close: Nov 21, 2024, 4:00 PM
5.22
+0.19 (3.78%)
After-hours: Nov 21, 2024, 7:21 PM EST
Crexendo Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Crexendo stock have an average target of 6.50, with a low estimate of 6.00 and a high estimate of 7.00. The average target predicts an increase of 29.22% from the current stock price of 5.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 7, 2024.
Analyst Ratings
The average analyst rating for Crexendo stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $5.75 → $6 | Strong Buy | Maintains | $5.75 → $6 | +19.28% | Aug 7, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $6.75 → $5.75 | Hold → Strong Buy | Upgrades | $6.75 → $5.75 | +14.31% | May 8, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $5.5 → $7 | Strong Buy | Maintains | $5.5 → $7 | +39.17% | Mar 6, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $6.75 | Hold | Reiterates | $6.75 | +34.19% | Mar 6, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $4.5 → $6.75 | Strong Buy → Hold | Downgrades | $4.5 → $6.75 | +34.19% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
61.47M
from 53.20M
Increased by 15.54%
Revenue Next Year
67.92M
from 61.47M
Increased by 10.50%
EPS This Year
0.25
from -0.01
EPS Next Year
0.26
from 0.25
Increased by 4.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.3M | 70.5M | 79.4M | ||
| Avg | 61.5M | 67.9M | 75.7M | ||
| Low | 59.0M | 64.7M | 71.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.0% | 14.7% | 17.0% | ||
| Avg | 15.5% | 10.5% | 11.4% | ||
| Low | 10.9% | 5.2% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.29 | 0.34 | 0.37 | ||
| Avg | 0.25 | 0.26 | 0.36 | ||
| Low | 0.23 | 0.22 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 33.1% | 39.9% | ||
| Avg | - | 4.0% | 35.9% | ||
| Low | - | -14.6% | 30.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.