Crexendo, Inc. (CXDO)
NASDAQ: CXDO · IEX Real-Time Price · USD
4.300
+0.190 (4.62%)
Apr 23, 2024, 10:37 AM EDT - Market open
Crexendo Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Crexendo stock have an average target of 6.88, with a low estimate of 6.75 and a high estimate of 7.00. The average target predicts an increase of 60.00% from the current stock price of 4.30.
Analyst Consensus: Buy
* Price targets were last updated on Mar 6, 2024.
Analyst Ratings
The average analyst rating for Crexendo stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 0 | 0 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $5.5 → $7 | Strong Buy | Maintains | $5.5 → $7 | +62.79% | Mar 6, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Reiterates $6.75 | Hold | Reiterates | $6.75 | +56.98% | 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 | +56.98% | Jan 31, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $4 | Buy | Initiates | $4 | -6.98% | Sep 27, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6.5 → $4 | Strong Buy | Maintains | $6.5 → $4 | -6.98% | May 13, 2022 |
Financial Forecast
Revenue This Year
59.61M
from 53.20M
Increased by 12.05%
Revenue Next Year
66.98M
from 59.61M
Increased by 12.37%
EPS This Year
0.22
from -0.01
EPS Next Year
0.23
from 0.22
Increased by 3.88%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 61.5M | 73.6M |
| Avg | 59.6M | 67.0M |
| Low | 57.1M | 62.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 15.6% | 23.5% |
| Avg | 12.0% | 12.4% |
| Low | 7.3% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.26 | 0.28 |
| Avg | 0.22 | 0.23 |
| Low | 0.19 | 0.19 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 26.9% |
| Avg | - | 3.9% |
| Low | - | -16.6% |
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.