CXDO stock icon

Crexendo
CXDO

$3.11
1.63%
 

About: Crexendo Inc is a provider of cloud communications, UCaaS, call centers, collaboration services, and other cloud business services. The company operates through two segments: Cloud telecommunications and Software Solutions. Its cloud telecommunications segment offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over any high-speed Internet connection. The Software Solutions segment is involved in revenue generation from software licenses, software maintenance support and professional services. It generates subscription and maintenance support revenue from customer support and other supportive services. The company offers warranties on its products. It derives a majority of revenue from the Cloud telecommunications segment.

Employees: 182

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

91% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 11

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

32% more capital invested

Capital invested by funds: $12.2M [Q4 2023] → $16.1M (+$3.92M) [Q1 2024]

27% more funds holding

Funds holding: 37 [Q4 2023] → 47 (+10) [Q1 2024]

21% more call options, than puts

Call options by funds: $618K | Put options by funds: $512K

3.09% more ownership

Funds ownership: 9.62% [Q4 2023] → 12.72% (+3.09%) [Q1 2024]

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$5.75
85%
upside
Avg. target
$6.56
111%
upside
High target
$7
125%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
B. Riley Securities
Josh Nichols
85%upside
$5.75
Buy
Upgraded
8 May 2024
Lake Street
Eric Martinuzzi
125%upside
$7
Buy
Maintained
6 Mar 2024
B. Riley Securities
Josh Nichols
117%upside
$6.75
Neutral
Reiterated
6 Mar 2024
B. Riley Securities
Josh Nichols
117%upside
$6.75
Neutral
Downgraded
31 Jan 2024

Financial journalist opinion

Based on 3 articles about CXDO published over the past 30 days