Q1 Earnings Estimate for Crexendo Issued By Northland Capmk

Crexendo Inc. (NASDAQ:CXDO - Free Report) - Analysts at Northland Capmk issued their Q1 2026 earnings per share (EPS) estimates for shares of Crexendo in a report issued on Monday, July 7th. Northland Capmk analyst M. Latimore anticipates that the company will earn $0.04 per share for the quarter. The consensus estimate for Crexendo's current full-year earnings is $0.14 per share. Northland Capmk also issued estimates for Crexendo's Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.04 EPS.

Other equities research analysts have also recently issued reports about the company. Needham & Company LLC began coverage on Crexendo in a research note on Tuesday, July 1st. They set a "buy" rating and a $8.00 target price for the company. D. Boral Capital restated a "buy" rating and set a $10.00 price objective on shares of Crexendo in a research report on Wednesday, May 7th. Craig Hallum began coverage on Crexendo in a research report on Monday, April 7th. They issued a "buy" rating and a $8.00 target price on the stock. Finally, Wall Street Zen downgraded Crexendo from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 5th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $8.38.

Crexendo Stock Performance

Shares of NASDAQ CXDO traded down $0.23 during trading hours on Tuesday, hitting $5.77. 147,730 shares of the stock were exchanged, compared to its average volume of 176,529. The company's fifty day simple moving average is $5.68 and its two-hundred day simple moving average is $5.55. The company has a market cap of $167.50 million, a PE ratio of 72.13 and a beta of 1.15. Crexendo has a 1-year low of $3.50 and a 1-year high of $7.34.

Hedge Funds Weigh In On Crexendo

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of 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 purchasing an additional 2,578 shares during the last quarter. Creative Financial Designs Inc. ADV acquired a new stake in Crexendo during the 4th quarter worth approximately $44,000. Detalus Advisors LLC bought a new stake in Crexendo during the 1st quarter worth approximately $49,000. Algert Global LLC acquired a new position in Crexendo in the 1st quarter valued at approximately $61,000. Finally, Walleye Capital LLC bought a new position in shares of Crexendo during the fourth quarter valued at $69,000. 9.53% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CTO David Tzat-Kin Wang sold 392,610 shares of the firm's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $4.90, for a total transaction of $1,923,789.00. Following the sale, the chief technology officer owned 445,995 shares of the company's stock, valued at $2,185,375.50. This trade represents a 46.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 406,210 shares of company stock worth $2,012,473 in the last three months. 56.20% of the stock is currently owned by corporate insiders.

Crexendo Company Profile

Crexendo, Inc provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States and internationally. It operates through two segments, Cloud Telecommunications Services and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as develops end user portals for account and license management, and billing and customer support.