
Crexendo, Inc. (CXDO) Stock Forecast & Price Target
Crexendo, Inc. (CXDO) Analyst Ratings
Bulls say
Crexendo Inc has demonstrated a robust growth trajectory, evidenced by a substantial backlog increase of 34% year-over-year and 10.7% quarter-over-quarter, reaching $85.6 million, with more than $38 million anticipated to be recognized in 2025. The company's management is targeting greater than 10% growth for 2025, supported by a significant rise in both revenue estimates and backlog expansion, which outpaces revenue growth. Additionally, the increase in EBITDA and pro forma EPS forecasts reinforces confidence in Crexendo's financial performance moving forward, suggesting favorable conditions for continued growth and operational execution.
Bears say
Crexendo Inc has experienced a slowdown in its revenue growth within the Software Solutions segment, with year-over-year organic growth decreasing from +35% in 2Q24 to +25% in 3Q24. Despite maintaining consistent gross margins at 60.9%, escalating overhead costs have negatively impacted the company's operating income and adjusted EBITDA, evidencing a -$300k decline. Additionally, potential challenges related to restructuring efforts, exposure to economic downturns, and service disruption risks could jeopardize Crexendo's financial stability and reputation, contributing to a somber outlook on its stock performance.
This aggregate rating is based on analysts' research of Crexendo, Inc. and is not a guaranteed prediction by Public.com or investment advice.
Crexendo, Inc. (CXDO) Analyst Forecast & Price Prediction
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