Crexendo Inc. (NASDAQ:CXDO) Receives $10.40 Average Price Target from Analysts

Posted by Francis Steltz on May 15th, 2026

Crexendo Inc. (NASDAQ:CXDO – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $10.40.

A number of analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Crexendo from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Lake Street Capital restated a “buy” rating and issued a $11.00 price target on shares of Crexendo in a report on Wednesday, May 6th. Wall Street Zen cut shares of Crexendo from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Needham & Company LLC raised their price target on shares of Crexendo from $9.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, May 6th.

Read Our Latest Stock Report on CXDO

Crexendo Price Performance

Shares of Crexendo stock opened at $9.62 on Friday. Crexendo has a 1 year low of $5.08 and a 1 year high of $9.89. The firm’s 50-day moving average is $6.93 and its two-hundred day moving average is $6.74. The stock has a market cap of $311.88 million, a price-to-earnings ratio of 64.13 and a beta of 0.93.

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, topping the consensus estimate of $0.08 by $0.02. Crexendo had a net margin of 6.15% and a return on equity of 13.84%. The company had revenue of $20.71 million for the quarter, compared to analysts’ expectations of $19.63 million. On average, equities analysts expect that Crexendo will post 0.36 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Douglas Walter Gaylor sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $9.37, for a total value of $187,400.00. Following the sale, the chief operating officer directly owned 231,413 shares in the company, valued at approximately $2,168,339.81. This trade represents a 7.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ron Vincent sold 33,550 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $9.36, for a total transaction of $314,028.00. Following the completion of the sale, the chief financial officer owned 118,537 shares in the company, valued at $1,109,506.32. This represents a 22.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 259,266 shares of company stock worth $2,288,836. Insiders own 47.20% of the company’s stock.

Hedge Funds Weigh In On Crexendo

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pembroke Management LTD raised its position in shares of Crexendo by 209.3% in the 3rd quarter. Pembroke Management LTD now owns 195,371 shares of the company’s stock valued at $1,270,000 after purchasing an additional 132,201 shares during the last quarter. D.A. Davidson & CO. purchased a new position in shares of Crexendo in the 3rd quarter valued at approximately $230,000. Walleye Capital LLC purchased a new position in shares of Crexendo in the 1st quarter valued at approximately $208,000. Diversify Wealth Management LLC purchased a new position in shares of Crexendo in the 1st quarter valued at approximately $139,000. Finally, MidFirst Bank purchased a new position in shares of Crexendo in the 4th quarter valued at approximately $1,277,000. 9.53% of the stock is owned by hedge funds and other institutional investors.

About Crexendo

(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.