Northland Securities Weighs in on Crexendo Q3 Earnings

Crexendo Inc. (NASDAQ:CXDO) – Equities research analysts at Northland Securities reduced their Q3 2026 earnings per share estimates for shares of Crexendo in a report issued on Wednesday, August 5th. Northland Securities analyst M. Latimore now expects that the company will earn $0.08 per share for the quarter, down from their previous estimate of $0.09. The consensus estimate for Crexendo’s current full-year earnings is $0.36 per share. Northland Securities also issued estimates for Crexendo’s Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.33 EPS, Q1 2027 earnings at $0.07 EPS, Q3 2027 earnings at $0.12 EPS and Q4 2027 earnings at $0.13 EPS.

Crexendo (NASDAQ:CXDO) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Crexendo had a return on equity of 14.34% and a net margin of 5.31%.The company had revenue of $24.65 million during the quarter, compared to analyst estimates of $24.65 million.

Several other equities analysts also recently weighed in on CXDO. Needham & Company LLC lifted their target price on shares of Crexendo from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Crexendo in a research note on Monday, August 3rd. Lake Street Capital reaffirmed a “buy” rating and issued a $11.00 price objective on shares of Crexendo in a report on Wednesday, May 6th. Finally, B. Riley Financial cut their price objective on shares of Crexendo from $10.00 to $9.00 and set a “buy” rating for the company in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.50.

Crexendo Price Performance

NASDAQ CXDO opened at $6.30 on Tuesday. The company has a market cap of $209.47 million, a PE ratio of 45.00 and a beta of 1.12. Crexendo has a 52 week low of $5.55 and a 52 week high of $11.23. The company has a quick ratio of 1.98, a current ratio of 2.06 and a debt-to-equity ratio of 0.06. The firm’s 50-day simple moving average is $7.43 and its two-hundred day simple moving average is $7.25.

Insider Transactions at Crexendo

In related news, CFO Ron Vincent sold 90,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $10.03, for a total value of $902,700.00. Following the transaction, the chief financial officer directly owned 117,490 shares in the company, valued at approximately $1,178,424.70. This represents a 43.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey G. Korn sold 27,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $9.94, for a total transaction of $268,380.00. Following the completion of the transaction, the chief executive officer owned 209,026 shares in the company, valued at approximately $2,077,718.44. This trade represents a 11.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 453,400 shares of company stock worth $4,395,111. 47.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Crexendo

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Crexendo in the 2nd quarter worth approximately $7,957,000. Vanguard Group Inc. raised its position in shares of Crexendo by 11.2% during the 3rd quarter. Vanguard Group Inc. now owns 701,898 shares of the company’s stock valued at $4,562,000 after buying an additional 70,791 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Crexendo by 26.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 406,442 shares of the company’s stock valued at $2,508,000 after buying an additional 85,943 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Crexendo by 14.3% during the 4th quarter. Geode Capital Management LLC now owns 401,356 shares of the company’s stock worth $2,598,000 after acquiring an additional 50,288 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Crexendo by 15.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 380,327 shares of the company’s stock worth $2,346,000 after acquiring an additional 52,200 shares during the last quarter. Hedge funds and other institutional investors own 9.53% of the company’s stock.

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.