Added to YB: 2024-11-12
Pitch date: 2024-11-10
CXDO [bullish]
Crexendo, Inc.
+26.61%
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
$209.3M
Pitch Price
$5.45
Price Target
22.50 (+226%)
Dividend
N/A
EV/EBITDA
23.52
P/E
48.55
EV/Sales
2.74
Sector
IT Services
Category
growth
Crexendo: Taking Market Share from the Two Biggest UCaaS Platforms
CXDO: UCaaS leader, 5M users, 72% GM. #3 after MSFT/CSCO exit. 74% intl growth, 0.2% churn. M&A flywheel, $45M NOLs. Risks: MSFT/CSCO re-entry, cyber fail, M&A missteps. $22.50 PT by 2027 (300% upside) at 25x fwd PE. $11 fair value at 5x rev (OOMA/2600HZ deal).
Read full article (4 min)