Northland Securities Reduces Earnings Estimates for Crexendo

Crexendo Inc. (NASDAQ:CXDO) – Equities research analysts at Northland Securities cut their FY2026 earnings per share estimates for Crexendo in a research report issued to clients and investors on Wednesday, November 4th. Northland Securities analyst M. Latimore now expects that the company will post earnings of $0.31 per share for the year, down from their prior forecast of $0.33. The consensus estimate for Crexendo’s current full-year earnings is $0.34 per share. Northland Securities also issued estimates for Crexendo’s Q4 2026 earnings at $0.06 EPS, Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.09 EPS and FY2027 earnings at $0.33 EPS.

Other research analysts also recently issued research reports about the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of Crexendo in a research report on Wednesday, November 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Crexendo in a research note on Friday, October 30th. Finally, B. Riley Financial cut their price target on shares of Crexendo from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $10.67.

Crexendo Trading Down 0.2%

NASDAQ CXDO opened at $5.03 on Wednesday. Crexendo has a one year low of $4.85 and a one year high of $11.23. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.18 and a quick ratio of 2.12. The firm has a market cap of $167.90 million, a P/E ratio of 41.92 and a beta of 1.23. The stock’s 50-day moving average is $5.75 and its 200-day moving average is $6.81.

Crexendo (NASDAQ:CXDO) last released its earnings results on Tuesday, November 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $25.18 million for the quarter, compared to the consensus estimate of $25.18 million. Crexendo had a net margin of 4.48% and a return on equity of 14.40%.

Insider Buying and Selling

In related news, CTO David Wang sold 25,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $6.50, for a total transaction of $162,500.00. Following the transaction, the chief technology officer directly owned 534,747 shares of the company’s stock, valued at approximately $3,475,855.50. This trade represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 34.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Crexendo

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Crexendo in the second quarter valued at about $7,957,000. Royce & Associates LP lifted its holdings in shares of Crexendo by 7.1% in the third quarter. Royce & Associates LP now owns 1,093,191 shares of the company’s stock worth $6,428,000 after acquiring an additional 72,739 shares during the last quarter. Bard Associates Inc. bought a new position in shares of Crexendo in the second quarter worth about $2,689,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Crexendo by 26.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 406,442 shares of the company’s stock valued at $2,508,000 after purchasing an additional 85,943 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Crexendo by 15.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 380,327 shares of the company’s stock valued at $2,346,000 after purchasing an additional 52,200 shares in the last quarter. Institutional investors own 9.53% of the company’s stock.

Crexendo Company Profile

Crexendo, Inc. is a provider of cloud-based communications and technology services. The company offers unified communications as a service, business voice and messaging solutions, video conferencing, contact center capabilities, and related communications tools designed for small and medium-sized businesses, enterprises, and service providers. Crexendo also provides a communications software platform through its NetSapiens business. The platform supports hosted voice, unified communications, contact center, and application programming interface services, enabling telecommunications providers and channel partners to deliver branded communications solutions to their customers.