Crexendo Inc. (NASDAQ:CXDO) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Crexendo has a consensus rating of “Moderate Buy” from five covering analysts, with an average 12-month price target of $10.40. Recent firm updates were also mostly positive, including Needham raising its target to $12.00 and reaffirming a Buy rating.
• The company reported better-than-expected first-quarter results, with revenue of $20.7 million and EPS of $0.10, both above analyst estimates. Management also highlighted continued GAAP profitability and accelerating growth.
• One potential headwind is heavy insider selling, including transactions by the CEO, COO, CFO, and CRO. Over the past 90 days, insiders sold 257,816 shares worth about $2.27 million, which could pressure the stock in the short term.

Crexendo Inc. (NASDAQ:CXDO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the five analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $10.40.

A number of equities analysts have weighed in on the stock. Wall Street Zen downgraded shares of Crexendo from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 23rd. Weiss Ratings upgraded Crexendo from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. Lake Street Capital reiterated a "buy" rating and issued a $11.00 price objective on shares of Crexendo in a research report on Wednesday. Finally, Needham & Company LLC lifted their price objective on Crexendo from $9.00 to $12.00 and gave the stock a "buy" rating in a research report on Wednesday.

Crexendo News Roundup

Here are the key news stories impacting Crexendo this week:

• Positive Sentiment: Q1 2026 results topped expectations — revenue $20.7M and EPS $0.10 vs. consensus $0.08, with continued GAAP profitability and accelerated growth that underpin upward re‑rating. Q1 Results
• Positive Sentiment: Needham raised its price target to $12.00 and reiterated a Buy, giving a clear analyst catalyst and implied upside that can attract buying interest. Needham Upgrade
• Positive Sentiment: Market commentary and press coverage highlight “momentum building” and accelerating growth, reinforcing the positive narrative from the quarter and the analyst upgrade. Momentum Coverage
• Neutral Sentiment: Management will meet investors at Needham and LD Micro conferences next week — a chance to deepen the buy‑side’s understanding of the ESI acquisition and growth drivers but not an immediate earnings surprise. Conference Announcement
• Neutral Sentiment: Earnings call transcript and analyst notes provide detail on customer wins, margins and product mix — useful for assessing sustainability of the beat but not a direct price mover on its own. Earnings Call Transcript
• Negative Sentiment: Significant insider selling by multiple executives (CEO, COO, CFO, CRO) over May 4–6 — large blocks sold at ~$8.1–$9.4 could create short‑term selling pressure and raise governance/ownership questions for some investors. CEO filing: CEO Form 4; COO filings: COO Form 4; CFO filing: CFO Form 4; CRO disclosure: CRO Form 4

Insider Transactions at Crexendo

In related news, CRO Jon Brinton sold 114,795 shares of Crexendo 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 completion of the sale, the executive directly 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO David Tzat-Kin Wang sold 20,482 shares of Crexendo stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $7.00, for a total value of $143,374.00. Following the completion of the sale, the chief technology officer owned 629,949 shares of the company's stock, valued at approximately $4,409,643. The trade was a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 257,816 shares of company stock valued at $2,274,699. 47.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Crexendo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CXDO. Bank of America Corp DE boosted its holdings in Crexendo by 71.7% during the fourth quarter. Bank of America Corp DE now owns 6,174 shares of the company's stock worth $32,000 after buying an additional 2,578 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Crexendo by 28.1% during the first quarter. NewEdge Advisors LLC now owns 74,125 shares of the company's stock worth $361,000 after buying an additional 16,267 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Crexendo during the first quarter worth about $431,000. Geode Capital Management LLC boosted its holdings in Crexendo by 120.1% during the second quarter. Geode Capital Management LLC now owns 318,001 shares of the company's stock worth $1,930,000 after buying an additional 173,530 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in Crexendo during the second quarter worth about $41,000. Institutional investors own 9.53% of the company's stock.

Crexendo Trading Up 0.4%

Shares of NASDAQ CXDO opened at $9.78 on Friday. Crexendo has a 1-year low of $5.08 and a 1-year high of $9.84. The company has a market cap of $317.07 million, a PE ratio of 65.20 and a beta of 0.93. The company has a 50-day moving average of $6.60 and a two-hundred day moving average of $6.63.

Crexendo (NASDAQ:CXDO - Get Free Report) last announced its earnings results 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 net margin of 6.15% and a return on equity of 13.84%. The company had revenue of $20.71 million during the quarter, compared to the consensus estimate of $19.63 million. As a group, equities research analysts forecast that Crexendo will post 0.27 earnings per share for the current year.

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.

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