Crexendo (CXDO)

• Market cap: $116M
• 1 day: -6.29%
• 5 days: -8.75%
• 1 month: -24.32%
• 3 months: -25.00%
• 6 months: -29.08%
• Year to date: -24.59%
• 1 year: 1.46%
• 5 years: -30.73%
• 10 years: -30.73%
• Sector: Communication Services
• Industry: Telecom Services

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 its revenue from the Cloud telecommunications segment.

Employees: 185

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

32% more capital invested

Capital invested by funds: $21.4M [Q3] → $28.2M (+$6.81M) [Q4]

19% more funds holding

Funds holding: 48 [Q3] → 57 (+9) [Q4]

1.67% more ownership

Funds ownership: 17.25% [Q3] → 18.92% (+1.67%) [Q4]

78% less call options, than puts

Call options by funds: $275K | Put options by funds: $1.25M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7.50 80% upside
• Avg. target: $8.75 110% upside
• High target: $10 140% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

D. Boral Capital Jesse Sobelson 12% 1-year accuracy 6 / 51 met price target	140% upside $10	Buy Maintained	6 Mar 2025
B. Riley Securities Josh Nichols 50% 1-year accuracy 7 / 14 met price target	80% upside $7.50	Buy Reiterated	5 Mar 2025