What is B. Riley’s Estimate for Crexendo Q1 Earnings?

Crexendo, Inc. (NASDAQ:CXDO) – Equities research analysts at B. Riley issued their Q1 2025 earnings estimates for shares of Crexendo in a note issued to investors on Wednesday, March 5th. B. Riley analyst J. Nichols expects that the company will earn $0.04 per share for the quarter. B. Riley currently has a “Buy” rating and a $7.50 target price on the stock. The consensus estimate for Crexendo’s current full-year earnings is $0.14 per share. B. Riley also issued estimates for Crexendo’s FY2025 earnings at $0.19 EPS and FY2026 earnings at $0.24 EPS.

Separately, D. Boral Capital increased their price target on shares of Crexendo from $7.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, March 6th.

Crexendo Price Performance

NASDAQ CXDO opened at $5.91 on Monday. Crexendo has a 1 year low of $2.92 and a 1 year high of $7.34. The firm has a market cap of $164.89 million, a price-to-earnings ratio of 197.07 and a beta of 1.15. The company has a fifty day moving average price of $5.90 and a 200-day moving average price of $5.39.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its position 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 acquiring an additional 2,578 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new stake in shares of Crexendo during the 4th quarter valued at $44,000. Walleye Capital LLC purchased a new stake in Crexendo during the 4th quarter worth about $69,000. Schonfeld Strategic Advisors LLC bought a new position in Crexendo in the 4th quarter worth about $69,000. Finally, GSA Capital Partners LLP grew its holdings in Crexendo by 41.2% during the 3rd quarter. GSA Capital Partners LLP now owns 17,598 shares of the company’s stock valued at $82,000 after buying an additional 5,139 shares in the last quarter. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Crexendo

In other news, CTO David Tzat-Kin Wang sold 106,667 shares of Crexendo stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $4.90, for a total value of $522,668.30. Following the completion of the transaction, the chief technology officer now owns 443,079 shares in the company, valued at $2,171,087.10. This trade represents a 19.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 56.20% of the stock is owned by company 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.