Exodus Movement (NYSEAMERICAN:EXOD) Price Target Raised to $65.00

Exodus Movement (NYSEAMERICAN:EXOD - Free Report) had its target price hoisted by HC Wainwright from $50.00 to $65.00 in a report released on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock. HC Wainwright also issued estimates for Exodus Movement's Q2 2025 earnings at ($0.17) EPS, Q3 2025 earnings at ($0.17) EPS, Q4 2025 earnings at ($0.24) EPS and FY2025 earnings at ($1.66) EPS.

Several other equities research analysts have also issued reports on the stock. Benchmark lifted their price objective on shares of Exodus Movement from $38.00 to $58.00 and gave the company a "buy" rating in a research note on Wednesday, April 2nd. BTIG Research began coverage on Exodus Movement in a research report on Wednesday, March 12th. They issued a "buy" rating and a $40.00 price target for the company. Compass Point started coverage on Exodus Movement in a research note on Wednesday, February 12th. They set a "buy" rating and a $70.00 price target for the company. Finally, Keefe, Bruyette & Woods initiated coverage on Exodus Movement in a research note on Friday, May 2nd. They issued an "outperform" rating and a $65.00 price objective on the stock. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $59.60.

Exodus Movement Price Performance

NYSEAMERICAN EXOD traded down $0.36 during trading on Tuesday, reaching $35.40. The company's stock had a trading volume of 139,514 shares, compared to its average volume of 80,934. Exodus Movement has a 1-year low of $12.02 and a 1-year high of $117.40. The business has a 50-day moving average price of $41.66 and a 200-day moving average price of $35.18.

Hedge Funds Weigh In On Exodus Movement

Several large investors have recently made changes to their positions in the business. CWM LLC bought a new stake in shares of Exodus Movement in the first quarter valued at about $158,000. Cannon Global Investment Management LLC bought a new position in Exodus Movement during the 1st quarter valued at about $201,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Exodus Movement in the 1st quarter worth approximately $262,000. Finally, Invesco Ltd. bought a new stake in shares of Exodus Movement during the first quarter worth $420,000.

About Exodus Movement

Exodus Movement, Inc develops blockchain asset investors platform to secure, exchange and manage wealth inside one application. The company was founded by Daniel Castagnoli and Jon Paul Richardson in 2015 and is headquartered in Omaha, NE.