Northland Securities Boosts Earnings Estimates for Crexendo

Posted by Geri Gentry on May 13th, 2026

Crexendo Inc. (NASDAQ:CXDO – Free Report) – Northland Securities increased their Q2 2026 earnings per share (EPS) estimates for Crexendo in a research note issued to investors on Wednesday, May 6th. Northland Securities analyst M. Latimore now expects that the company will earn $0.07 per share for the quarter, up from their prior estimate of $0.06. The consensus estimate for Crexendo’s current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Crexendo’s FY2027 earnings at $0.43 EPS.

Crexendo (NASDAQ:CXDO – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The company had revenue of $20.71 million for the quarter, compared to the consensus estimate of $19.63 million. Crexendo had a return on equity of 13.84% and a net margin of 6.15%.

A number of other research firms also recently issued reports on CXDO. Weiss Ratings raised Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded Crexendo from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. Needham & Company LLC lifted their price objective on Crexendo from $9.00 to $12.00 and gave the stock a “buy” rating in a research note 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. Four 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $10.40.

View Our Latest Stock Analysis on CXDO

Crexendo Trading Down 3.3%

NASDAQ:CXDO opened at $9.16 on Wednesday. The company has a market capitalization of $296.97 million, a P/E ratio of 61.07 and a beta of 0.93. Crexendo has a 12 month low of $5.08 and a 12 month high of $9.84. The business’s 50-day moving average is $6.81 and its 200 day moving average is $6.70.

Institutional Investors Weigh In On Crexendo

A number of hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its stake in Crexendo by 172.6% in the third quarter. BNP Paribas Financial Markets now owns 4,394 shares of the company’s stock valued at $29,000 after buying an additional 2,782 shares during the last quarter. Strive Financial Group LLC purchased a new stake in Crexendo in the fourth quarter valued at about $31,000. Bank of America Corp DE raised its stake in Crexendo by 71.7% in the fourth quarter. Bank of America Corp DE now owns 6,174 shares of the company’s stock valued at $32,000 after buying an additional 2,578 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Crexendo in the second quarter valued at about $41,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Crexendo in the second quarter valued at about $48,000. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Crexendo news, CFO Ron Vincent sold 33,550 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $9.36, for a total value of $314,028.00. Following the completion of the sale, the chief financial officer directly owned 118,537 shares in the company, valued at approximately $1,109,506.32. This represents a 22.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO David Tzat-Kin Wang sold 20,482 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $7.00, for a total value of $143,374.00. Following the completion of the sale, the chief technology officer owned 629,949 shares of the company’s stock, valued at $4,409,643. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 259,266 shares of company stock worth $2,288,836. 47.20% of the stock is owned by company insiders.

Crexendo Company Profile

(Get Free Report)

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.