Equities Analysts Offer Predictions for Crexendo Q3 Earnings

Crexendo Inc. (NASDAQ:CXDO) – Investment analysts at Northland Securities decreased their Q3 2026 earnings per share estimates for shares of Crexendo in a research report issued on Wednesday, August 5th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of $0.08 for the quarter, down from their previous forecast 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 posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Crexendo had a return on equity of 14.34% and a net margin of 5.31%.The business had revenue of $24.65 million for the quarter, compared to the consensus estimate of $24.65 million.

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

Crexendo Trading Down 5.5%

NASDAQ CXDO opened at $6.30 on Tuesday. The company has a market cap of $209.47 million, a price-to-earnings 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 business has a 50 day moving average price of $7.43 and a 200-day moving average price of $7.25. The company has a quick ratio of 1.98, a current ratio of 2.06 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On Crexendo

Large investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Crexendo during the 2nd quarter worth $7,957,000. Vanguard Group Inc. increased its holdings in Crexendo by 11.2% during the third quarter. Vanguard Group Inc. now owns 701,898 shares of the company’s stock worth $4,562,000 after buying an additional 70,791 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Crexendo by 26.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 406,442 shares of the company’s stock worth $2,508,000 after acquiring an additional 85,943 shares during the period. Geode Capital Management LLC raised its position in Crexendo by 14.3% in the fourth 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 period. Finally, Dimensional Fund Advisors LP boosted its stake in Crexendo by 15.9% in the first quarter. Dimensional Fund Advisors LP now owns 380,327 shares of the company’s stock valued at $2,346,000 after acquiring an additional 52,200 shares during the last quarter. 9.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Ron Vincent sold 90,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $10.03, for a total value of $902,700.00. Following the transaction, the chief financial officer owned 117,490 shares in the company, valued at $1,178,424.70. The trade was a 43.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jeffrey G. Korn sold 39,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $9.95, for a total value of $393,025.00. Following the completion of the transaction, the chief executive officer directly owned 209,026 shares of the company’s stock, valued at approximately $2,079,808.70. This represents a 15.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 453,400 shares of company stock worth $4,395,111 in the last quarter. 47.20% of the stock is owned by corporate insiders.

About Crexendo

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.