Added to YB: 2024-08-20
Pitch date: 2024-08-19
CXDO [bullish]
Crexendo, Inc.
+17.45%
current return
Author Info
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Company Info
Crexendo, Inc. provides cloud communication platform software and unified communications as a service in the United States and internationally.
Market Cap
$193.3M
Pitch Price
$5.10
Price Target
10.00 (+67%)
Dividend
N/A
EV/EBITDA
21.28
P/E
44.84
EV/Sales
2.50
Sector
IT Services
Category
growth
Show full summary:
Crexendo's Strategic Evolution: From Telecom to Software Powerhouse
CXDO: Software biz growing 25%+ YoY, telecom high single digits. Software to be majority revenue in 18mo, driving FCF. Cloud migration to cut $1M+/yr opex, enable int'l scaling & new markets. Stock up 70% since June, still potential for $10+ by late 2025. Largest position in portfolio.
Read full article (1 min)