Crexendo Inc has a consensus price target of $5.92, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Lake Street, B. Riley Securities, and B. Riley Securities on March 6, 2024, March 6, 2024, and January 31, 2024. With an average price target of $6.83 between Lake Street, B. Riley Securities, and B. Riley Securities, there's an implied 65.06% upside for Crexendo Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/06/2024 | CXDO | Buy Now | Crexendo | $4.14 | 69.08% | Lake Street | Eric Martinuzzi | $5.5 → $7 | Maintains | Buy | Get Alert |
03/06/2024 | CXDO | Buy Now | Crexendo | $4.14 | 63.04% | B. Riley Securities | Josh Nichols | $6.75 → $6.75 | Reiterates | Neutral → Neutral | Get Alert |
01/31/2024 | CXDO | Buy Now | Crexendo | $4.14 | 63.04% | B. Riley Securities | Josh Nichols | $4.5 → $6.75 | Downgrade | Buy → Neutral | Get Alert |
09/27/2022 | CXDO | Buy Now | Crexendo | $4.14 | -3.38% | Northland Capital Markets | Michael Latimore | → $4 | Initiates | → Outperform | Get Alert |
05/13/2022 | CXDO | Buy Now | Crexendo | $4.14 | -3.38% | B. Riley Securities | Josh Nichols | $6.5 → $4 | Maintains | Buy | Get Alert |
03/22/2022 | CXDO | Buy Now | Crexendo | $4.14 | 69.08% | Lake Street | Eric Martinuzzi | $9 → $7 | Maintains | Buy | Get Alert |
03/22/2022 | CXDO | Buy Now | Crexendo | $4.14 | 57% | B. Riley Securities | Josh Nichols | $8.25 → $6.5 | Maintains | Buy | Get Alert |
11/22/2021 | CXDO | Buy Now | Crexendo | $4.14 | 117.39% | Lake Street | Eric Martinuzzi | — | Initiates | → Buy | Get Alert |
The latest price target for Crexendo (NASDAQ: CXDO) was reported by Lake Street on March 6, 2024. The analyst firm set a price target for $7.00 expecting CXDO to rise to within 12 months (a possible 65.09% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Crexendo (NASDAQ: CXDO) was provided by Lake Street, and Crexendo maintained their buy rating.
There is no last upgrade for Crexendo.
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 March 6, 2024 so you should expect the next rating to be made available sometime around March 6, 2025.
While ratings are subjective and will change, the latest Crexendo (CXDO) rating was a maintained with a price target of $5.50 to $7.00. The current price Crexendo (CXDO) is trading at is $4.24, which is out of the analyst’s predicted range.
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