Crexendo, Inc. (CXDO)
NASDAQ: CXDO · Real-Time Price · USD
5.73
+0.06 (1.06%)
At close: Nov 4, 2024, 4:00 PM
5.88
+0.15 (2.62%)
After-hours: Nov 4, 2024, 6:51 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 13.44% from the current stock price of 5.73.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 | +4.71% | 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 | +0.35% | May 8, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $5.5 → $7 | Strong Buy | Maintains | $5.5 → $7 | +22.16% | Mar 6, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $6.75 | Hold | Reiterates | $6.75 | +17.80% | 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 | +17.80% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
60.86M
from 53.20M
Increased by 14.41%
Revenue Next Year
68.49M
from 60.86M
Increased by 12.53%
EPS This Year
0.24
from -0.01
EPS Next Year
0.26
from 0.24
Increased by 7.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.3M | 74.4M | 76.3M | ||
| Avg | 60.9M | 68.5M | 74.2M | ||
| Low | 58.1M | 64.1M | 71.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.0% | 22.3% | 11.5% | ||
| Avg | 14.4% | 12.5% | 8.3% | ||
| Low | 9.2% | 5.3% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.29 | 0.34 | 0.37 | ||
| Avg | 0.24 | 0.26 | 0.36 | ||
| Low | 0.21 | 0.22 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 37.3% | 39.9% | ||
| Avg | - | 7.3% | 35.9% | ||
| Low | - | -11.9% | 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.