Q3 EPS Estimates for Crexendo Raised by Northland Securities

Crexendo Inc. (NASDAQ:CXDO) – Analysts at Northland Securities increased their Q3 2026 earnings per share (EPS) estimates for Crexendo in a report released on Wednesday, May 6th. Northland Securities analyst M. Latimore now forecasts that the company will earn $0.09 per share for the quarter, up from their prior forecast of $0.08. The consensus estimate for Crexendo’s current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Crexendo’s FY2026 earnings at $0.32 EPS, Q1 2027 earnings at $0.09 EPS, Q2 2027 earnings at $0.11 EPS, Q3 2027 earnings at $0.11 EPS and Q4 2027 earnings at $0.12 EPS.

Crexendo (NASDAQ:CXDO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Crexendo had a return on equity of 13.84% and a net margin of 6.15%.The firm had revenue of $20.71 million for the quarter, compared to analyst estimates of $19.63 million.

A number of other analysts also recently commented on the company. Lake Street Capital reiterated a “buy” rating and set a $11.00 target price on shares of Crexendo in a research report on Wednesday, May 6th. Weiss Ratings upgraded Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Needham & Company LLC upped their price objective on Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded Crexendo from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $10.40.

Crexendo Price Performance

Shares of CXDO stock opened at $9.34 on Thursday. The business’s fifty day moving average price is $6.87 and its 200 day moving average price is $6.72. The firm has a market capitalization of $302.80 million, a PE ratio of 62.27 and a beta of 0.93. Crexendo has a 1-year low of $5.08 and a 1-year high of $9.84.

Institutional Investors Weigh In On Crexendo

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC increased its stake in Crexendo by 3.3% during the third quarter. Essex Investment Management Co. LLC now owns 745,504 shares of the company’s stock worth $4,846,000 after acquiring an additional 23,676 shares during the last quarter. Vanguard Group Inc. increased its stake in Crexendo by 11.2% during the third quarter. Vanguard Group Inc. now owns 701,898 shares of the company’s stock worth $4,562,000 after acquiring an additional 70,791 shares during the last quarter. Geode Capital Management LLC increased its stake in Crexendo by 14.3% during the fourth quarter. Geode Capital Management LLC now owns 401,356 shares of the company’s stock worth $2,598,000 after acquiring an additional 50,288 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Crexendo by 15.9% during the first quarter. Dimensional Fund Advisors LP now owns 380,327 shares of the company’s stock worth $2,346,000 after acquiring an additional 52,200 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Crexendo by 4.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 320,499 shares of the company’s stock worth $2,083,000 after acquiring an additional 13,845 shares during the last quarter. 9.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CTO David Tzat-Kin Wang sold 20,482 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $7.00, for a total transaction of $143,374.00. Following the transaction, the chief technology officer directly owned 629,949 shares in the company, valued at approximately $4,409,643. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CRO Jon Brinton sold 114,795 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $9.14, for a total value of $1,049,226.30. Following the transaction, the executive owned 114,795 shares in the company, valued at $1,049,226.30. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 259,266 shares of company stock valued at $2,288,836 in the last three months. Company insiders own 47.20% of the company’s stock.

Crexendo Company Profile

Crexendo, Inc (NASDAQ: CXDO) is a provider of cloud-based communications and collaboration solutions tailored to businesses of varying sizes. The company’s flagship offering, CXsuite, integrates enterprise-grade voice, video conferencing, instant messaging, presence, and contact center functionality into a single platform delivered over the internet. By leveraging hosted infrastructure and a subscription-based model, Crexendo aims to reduce on-premises hardware costs and simplify management for IT teams and resellers.

Crexendo’s product portfolio includes a multi-tenant cloud PBX, SIP trunking, session border controllers and an application programming interface (API) suite that allows partners and customers to embed real-time communications into custom workflows.