Crexendo Inc has a consensus price target of $5.58 based on the ratings of 9 analysis. The 3 most-recent analyst ratings were released by B. Riley Securities, Lake Street, and B. Riley Securities on May 8, 2024, March 6, 2024, and March 6, 2024, respectively. With an average price target of $6.5 between B. Riley Securities, Lake Street, and B. Riley Securities, there's an implied 103.13% upside for Crexendo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/08/2024 | Buy Now | 79.69% | B. Riley Securities | Josh Nichols | $6.75 → $5.75 | Upgrade | Neutral → Buy | Get Alert |
03/06/2024 | Buy Now | 118.75% | Lake Street | Eric Martinuzzi | $5.5 → $7 | Maintains | Buy | Get Alert |
03/06/2024 | Buy Now | 110.94% | B. Riley Securities | Josh Nichols | $6.75 → $6.75 | Reiterates | Neutral → Neutral | Get Alert |
01/31/2024 | Buy Now | 110.94% | B. Riley Securities | Josh Nichols | $4.5 → $6.75 | Downgrade | Buy → Neutral | Get Alert |
09/27/2022 | Buy Now | 25% | Northland Capital Markets | Michael Latimore | → $4 | Initiates | → Outperform | Get Alert |
05/13/2022 | Buy Now | 25% | B. Riley Securities | Josh Nichols | $6.5 → $4 | Maintains | Buy | Get Alert |
03/22/2022 | Buy Now | 118.75% | Lake Street | Eric Martinuzzi | $9 → $7 | Maintains | Buy | Get Alert |
03/22/2022 | Buy Now | 103.12% | B. Riley Securities | Josh Nichols | $8.25 → $6.5 | Maintains | Buy | Get Alert |
11/22/2021 | Buy Now | 181.25% | Lake Street | Eric Martinuzzi | — | Initiates | → Buy | Get Alert |
The latest price target for Crexendo (NASDAQ:CXDO) was reported by B. Riley Securities on May 8, 2024. The analyst firm set a price target for $5.75 expecting CXDO to rise to within 12 months (a possible 79.69% upside). 4 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 upgraded 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 May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
While ratings are subjective and will change, the latest Crexendo (CXDO) rating was a upgraded with a price target of $6.75 to $5.75. The current price Crexendo (CXDO) is trading at is $3.20, which is out of the analyst’s predicted range.
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