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 24.05% from the current stock price of 5.24.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.50	$7.00	$7.00
Change	+14.50%	+24.05%	+33.59%	+33.59%

* 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
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy Maintains $5.75 → $6	Strong Buy	Maintains	$5.75 → $6	+14.50%	Aug 7, 2024
Josh Nichols B. Riley Securities	B. Riley Securities	Hold → Strong Buy Upgrades $6.75 → $5.75	Hold → Strong Buy	Upgrades	$6.75 → $5.75	+9.73%	May 8, 2024
Eric Martinuzzi Lake Street	Lake Street	Strong Buy Maintains $5.5 → $7	Strong Buy	Maintains	$5.5 → $7	+33.59%	Mar 6, 2024
Josh Nichols B. Riley Securities	B. Riley Securities	Hold Reiterates $6.75	Hold	Reiterates	$6.75	+28.82%	Mar 6, 2024
Josh Nichols B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $4.5 → $6.75	Strong Buy → Hold	Downgrades	$4.5 → $6.75	+28.82%	Jan 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

61.45M

from 53.20M

15.52%

from 53.20M

Revenue Next Year

67.92M

from 61.45M

10.52%

from 61.45M

EPS This Year

0.24

from -0.01

EPS Next Year

0.24

from 0.24

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	14.44M	16.39M	28.09M	37.55M	53.20M	61.45M	67.92M	75.66M
Revenue Growth	21.23%	13.51%	71.43%	33.68%	41.66%	15.52%	10.52%	11.40%
EPS	0.07	0.46	-0.12	-1.54	-0.01	0.24	0.24	0.36
EPS Growth	-	557.15%	-	-	-	-	-	47.89%
Forward PE	-	-	-	-	-	21.71	21.71	14.68
No. Analysts	-	-	-	-	-	6	6	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
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
High	19.0%	14.7%	17.0%
Avg	15.5%	10.5%	11.4%
Low	10.9%	5.3%	4.9%

EPS Forecast

EPS	2024	2025	2026
High	0.26	0.28	0.37
Avg	0.24	0.24	0.36
Low	0.23	0.22	0.34

EPS Growth

EPS Growth	2024	2025	2026
High	-	17.4%	52.2%
Avg	-	-	47.9%
Low	-	-10.7%	42.1%

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.