Crexendo Inc has a consensus price target of $5.67 based on the ratings of 3 analysts. The high is $7 issued by Lake Street on March 6, 2024. The low is $4 issued by Northland Capital Markets on September 27, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities, B. Riley Securities, and Lake Street on August 7, 2024, May 8, 2024, and March 6, 2024, respectively. With an average price target of $6.25 between B. Riley Securities, B. Riley Securities, and Lake Street, there's an implied 22.31% upside for Crexendo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Crexendo (NASDAQ:CXDO) was reported by B. Riley Securities on August 7, 2024. The analyst firm set a price target for $6.00 expecting CXDO to rise to within 12 months (a possible 17.42% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Crexendo (NASDAQ:CXDO) was provided by B. Riley Securities, and Crexendo maintained their buy rating.
The last upgrade for Crexendo Inc happened on May 8, 2024 when B. Riley Securities raised their price target to $5.75. B. Riley Securities previously had a neutral for Crexendo Inc.
The last downgrade for Crexendo Inc happened on January 31, 2024 when B. Riley Securities changed their price target from $4.5 to $6.75 for Crexendo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Crexendo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Crexendo was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest Crexendo (CXDO) rating was a maintained with a price target of $5.75 to $6.00. The current price Crexendo (CXDO) is trading at is $5.11, which is out of the analyst’s predicted range.
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