Northland Capmk Weighs in on Exodus Movement FY2025 Earnings

Key Points

• Northland Capital Markets has increased its FY2025 earnings per share (EPS) estimate for Exodus Movement to $0.93, maintaining a "Strong-Buy" rating on the stock.
• Despite this positive outlook, Exodus Movement's stock recently fell by 3.9% and is currently priced at $28.50.
• Institutional investors have recently purchased significant positions in Exodus Movement, with Invesco Ltd. acquiring a position valued at $420,000 in the first quarter.

Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Free Report) - Stock analysts at Northland Capmk increased their FY2025 earnings per share (EPS) estimates for shares of Exodus Movement in a research report issued to clients and investors on Friday, October 10th. Northland Capmk analyst M. Grondahl now forecasts that the company will earn $0.93 per share for the year, up from their previous forecast of $0.92. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Exodus Movement's current full-year earnings is $1.62 per share.

A number of other equities analysts also recently commented on EXOD. Cantor Fitzgerald assumed coverage on Exodus Movement in a report on Friday, August 15th. They set an "overweight" rating and a $45.00 target price for the company. Zacks Research downgraded Exodus Movement from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. Finally, Northland Securities initiated coverage on shares of Exodus Movement in a report on Thursday, July 17th. They issued an "outperform" rating and a $50.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $56.14.

Exodus Movement Stock Down 3.9%

NYSEAMERICAN:EXOD opened at $28.50 on Monday. The company has a fifty day moving average of $28.09 and a 200 day moving average of $33.13. Exodus Movement has a 52 week low of $14.78 and a 52 week high of $117.40. The firm has a market capitalization of $828.50 million, a P/E ratio of 10.25 and a beta of 0.18.

Hedge Funds Weigh In On Exodus Movement

Institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC bought a new position in Exodus Movement during the 1st quarter valued at approximately $158,000. Cannon Global Investment Management LLC bought a new position in Exodus Movement during the 1st quarter valued at approximately $201,000. OMERS ADMINISTRATION Corp bought a new position in shares of Exodus Movement during the first quarter valued at $262,000. Vident Advisory LLC bought a new position in shares of Exodus Movement during the second quarter valued at $369,000. Finally, Invesco Ltd. bought a new position in shares of Exodus Movement during the first quarter valued at $420,000.

Exodus Movement Company Profile

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.

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