Crexendo, Inc.

NasdaqCM:CXDO Stock Report

Market Cap: US$315.7m

Crexendo Management

Management criteria checks 3/4

Crexendo's CEO is Jeff Korn, appointed in Mar 2023, has a tenure of 3.17 years. total yearly compensation is $1.01M, comprised of 39.4% salary and 60.6% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $2.52M. The average tenure of the management team and the board of directors is 3.2 years and 9.7 years respectively.

Key information

Jeff Korn

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage39.45%
CEO tenure3.2yrs
CEO ownership0.8%
Management average tenure3.2yrs
Board average tenure9.7yrs

Recent management updates

Recent updates

Narrative Update May 03

CXDO: Estech Deal Will Expand Scale And Support Future Operating Leverage

Analysts have lifted their blended price expectations for Crexendo, reflected in a modest uptick in fair value and supported by recent Street target moves to $12 and $9, which are tied to the $35M Estech Systems acquisition and the potential for a larger revenue run rate and operating leverage. Analyst Commentary Recent Street commentary around Crexendo has focused on the impact of the $35M Estech Systems acquisition, updated price targets, and what a larger scale could mean for future execution and valuation.
Narrative Update Apr 16

CXDO: Estech Acquisition Will Shape Scale As Run Rate Ambitions Advance

Narrative Update on Crexendo The updated analyst price target for Crexendo has shifted toward $12. Analysts view the $35M Estech Systems acquisition as moving the company toward a $100M annual run rate and greater scale, which they see as supporting a modestly higher fair value estimate.
Narrative Update Apr 02

CXDO: Estech Acquisition Will Put Higher Revenue Run Rate In Sight

Analysts have lifted their price targets on Crexendo to a range of $9 to $12, citing the $35M Estech Systems acquisition and the view that it could help the company work toward a potential $100M annual run rate with greater operating leverage. Analyst Commentary Bullish Takeaways Bullish analysts view the Estech Systems acquisition price of $35M as attractive relative to the potential scale it adds, which they see as supportive of higher equity valuations.
Narrative Update Mar 18

CXDO: Estech Deal Will Test Scale As Run Rate Ambitions Rise

Analysts have raised Crexendo's price targets to a range of $9 to $12, citing expectations that the $35M Estech Systems acquisition could help the company work toward a $100M annual run rate and benefit from greater scale. Analyst Commentary Recent Street research has leaned positive on Crexendo following the planned US$35M Estech Systems acquisition, with bullish analysts pointing to a clearer path toward a US$100M annual run rate and a larger operating base.
Seeking Alpha Mar 10

Crexendo: AI, Acquisitions And A Growing Software

Summary Crexendo is delivering 20-25% organic software growth, with AI integration enhancing its value proposition and competitive positioning. Recent acquisition of Estech Systems at 1.35x sales is expected to boost CXDO's revenue by nearly 40%. There's still no operating leverage, with stable margins at 6-7% despite being a software business. Investment in AI is a key factor. With a fair valuation, accelerating growth and a favorable competitive landscape, I see CXDO as a strong buy opportunity. Read the full article on Seeking Alpha
Narrative Update Mar 04

CXDO: Estech Systems Deal Will Put Scale And Leverage To The Test

Analysts have raised their average price target on Crexendo to about $11.83, up from roughly $10.74, citing the Estech Systems acquisition, the potential to reach a $100m annual run rate, and expectations for better operating leverage from greater scale. Analyst Commentary Bullish analysts are leaning into the Estech Systems acquisition as a key driver for Crexendo, tying higher price targets directly to the potential jump in scale and revenue visibility.
Analysis Article Nov 12

Subdued Growth No Barrier To Crexendo, Inc. (NASDAQ:CXDO) With Shares Advancing 27%

The Crexendo, Inc. ( NASDAQ:CXDO ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Nov 11

We Think Crexendo's (NASDAQ:CXDO) Robust Earnings Are Conservative

Investors were underwhelmed by the solid earnings posted by Crexendo, Inc. ( NASDAQ:CXDO ) recently. Our analysis says...
Analysis Article Nov 07

Crexendo, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Crexendo, Inc. ( NASDAQ:CXDO ) investors will be delighted, with the company turning in some strong numbers with its...
Analysis Article Aug 02

Are Investors Undervaluing Crexendo, Inc. (NASDAQ:CXDO) By 44%?

Key Insights The projected fair value for Crexendo is US$9.40 based on 2 Stage Free Cash Flow to Equity Crexendo's...
Analysis Article Jul 12

Crexendo, Inc. (NASDAQ:CXDO) Not Flying Under The Radar

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
Analysis Article May 15

With EPS Growth And More, Crexendo (NASDAQ:CXDO) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Apr 07

Crexendo, Inc. (NASDAQ:CXDO) Stock's 36% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Crexendo, Inc. ( NASDAQ:CXDO ) shareholders that were waiting for something to happen have been dealt a blow with a 36...
Analysis Article Feb 21

Market Participants Recognise Crexendo, Inc.'s (NASDAQ:CXDO) Revenues Pushing Shares 26% Higher

Despite an already strong run, Crexendo, Inc. ( NASDAQ:CXDO ) shares have been powering on, with a gain of 26% in the...
Analysis Article Feb 21

At US$6.98, Is Crexendo, Inc. (NASDAQ:CXDO) Worth Looking At Closely?

Crexendo, Inc. ( NASDAQ:CXDO ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Jan 07

Estimating The Fair Value Of Crexendo, Inc. (NASDAQ:CXDO)

Key Insights Crexendo's estimated fair value is US$6.57 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Nov 14

Is Now An Opportune Moment To Examine Crexendo, Inc. (NASDAQ:CXDO)?

Crexendo, Inc. ( NASDAQ:CXDO ), is not the largest company out there, but it saw a significant share price rise of 35...
Analysis Article Oct 22

Revenues Tell The Story For Crexendo, Inc. (NASDAQ:CXDO) As Its Stock Soars 25%

Despite an already strong run, Crexendo, Inc. ( NASDAQ:CXDO ) shares have been powering on, with a gain of 25% in the...
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New Narrative Sep 28

Oracle Cloud And NetSuite Investments To Propel Market Share And Efficiency Gains

Shift towards high-margin products and strategic investments in technology like Oracle Cloud Infrastructure and NetSuite aims to boost profitability and reduce costs.
Seeking Alpha Sep 22

Crexendo: Poised For Long-Term Growth Despite Short-Term Volatility

Summary Crexendo's fundamentals remain strong despite recent stock performance, with significant upside potential driven by hyper-growth and strategic acquisitions in the UCaaS market. The company has shown impressive financial performance, with robust revenue growth, high net income margins, and a growing backlog, particularly in its high-margin Software Solutions segment. Crexendo's valuation is compelling, with the stock trading at attractive levels with a sensitivity analysis pointing to superb upside based on realistic estimates. Read the full article on Seeking Alpha
Analysis Article Aug 29

Crexendo, Inc.'s (NASDAQ:CXDO) 30% Jump Shows Its Popularity With Investors

Despite an already strong run, Crexendo, Inc. ( NASDAQ:CXDO ) shares have been powering on, with a gain of 30% in the...
Analysis Article Aug 12

When Should You Buy Crexendo, Inc. (NASDAQ:CXDO)?

Crexendo, Inc. ( NASDAQ:CXDO ), is not the largest company out there, but it led the NASDAQCM gainers with a relatively...
Analysis Article Jul 15

Crexendo, Inc.'s (NASDAQ:CXDO) P/S Is Still On The Mark Following 28% Share Price Bounce

Crexendo, Inc. ( NASDAQ:CXDO ) shareholders are no doubt pleased to see that the share price has bounced 28% in the...
Analysis Article May 14

We Think That There Are Issues Underlying Crexendo's (NASDAQ:CXDO) Earnings

Investors were disappointed with Crexendo, Inc.'s ( NASDAQ:CXDO ) earnings, despite the strong profit numbers. Our...
Seeking Alpha Apr 10

Crexendo: Commendable Progress Under The New CEO, But Not A Great Buy Here

Summary Crexendo, Inc., which is behind the fastest-growing UCaaS platform in North America, has done exceedingly well over the past year. CXDO's near-term focus on M&A integration, a growing subscription revenue model, and improved cash flow generation have all played a part. Given the EBITDA outlook, forward EV/EBITDA valuations don't look too appealing. CXDO no longer looks like a promising rotational play with the small-cap universe, and after breaking its trendline on the weekly chart, the pattern of lower lows and lower highs are yet to abate. Read the full article on Seeking Alpha
Analysis Article Mar 17

Crexendo, Inc. (NASDAQ:CXDO) Shares Slammed 34% But Getting In Cheap Might Be Difficult Regardless

Crexendo, Inc. ( NASDAQ:CXDO ) shares have retraced a considerable 34% in the last month, reversing a fair amount of...
Analysis Article Mar 07

Calculating The Intrinsic Value Of Crexendo, Inc. (NASDAQ:CXDO)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Crexendo fair value estimate is US$5.58 Crexendo's US$5.94...
Analysis Article Jan 30

What Does Crexendo, Inc.'s (NASDAQ:CXDO) Share Price Indicate?

Crexendo, Inc. ( NASDAQ:CXDO ), might not be a large cap stock, but it saw a significant share price rise of 327% in...

CEO Compensation Analysis

How has Jeff Korn's remuneration changed compared to Crexendo's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$4m

Dec 31 2025US$1mUS$400k

US$5m

Sep 30 2025n/an/a

US$4m

Jun 30 2025n/an/a

US$3m

Mar 31 2025n/an/a

US$2m

Dec 31 2024US$761kUS$325k

US$2m

Sep 30 2024n/an/a

US$1m

Jun 30 2024n/an/a

US$3m

Mar 31 2024n/an/a

US$2m

Dec 31 2023US$509kUS$298k

-US$362k

Compensation vs Market: Jeff's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD2.52M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.


CEO

Jeff Korn (67 yo)

3.2yrs
Tenure
US$1,014,000
Compensation

Mr. Jeffrey G. Korn, also known as Jeff, serves as Chief Executive Officer at NetSapiens, Inc. since 2023 and serves as its Executive Chairman since June 2024 and served as its Chief Legal Officer since Ma...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Korn
CEO & Executive Chairman3.2yrsUS$1.01m0.80%
$ 2.5m
Douglas Gaylor
COO & President14yrsUS$969.00k0.87%
$ 2.7m
Ronald Vincent
Chief Financial Officer14.1yrsUS$969.00k0.58%
$ 1.8m
David Wang
Chief Technology Officer4.9yrsUS$523.00k2.02%
$ 6.4m
Jon Brinton
Chief Revenue Officer5.5yrsUS$614.00k0.40%
$ 1.3m
Jason Byrne
Senior Vice President of Marketingno datano datano data
Michael Czernaeda
Director of Salesno datano datano data
Tim Wilbourn
Senior Vice President of Support & Customer Success1.9yrsno datano data
Chris Aaker
Senior Vice President of Engineering2.3yrsno datano data
Santosh Panattu
Senior Vice President of Infrastructure & Global Cloud OPSless than a yearno datano data
George Platt
CEO & President of ESIless than a yearno datano data
3.2yrs
Average Tenure
62yo
Average Age

Experienced Management: CXDO's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Korn
CEO & Executive Chairman2.3yrsUS$1.01m0.80%
$ 2.5m
Todd Goergen
Lead Independent Director19.5yrsUS$52.00k0.76%
$ 2.4m
Steven Mihaylo
Chairman Emeritus17.5yrsUS$204.00k36.09%
$ 113.9m
Anil Puri
Independent Director16.5yrsUS$52.00k0.18%
$ 572.8k
David Williams
Independent Director18yrsUS$52.00k0.13%
$ 416.4k
L. Kim
Director2.9yrsUS$52.00k0%
$ 0
Christopher McKee
Directorless than a yearno datano data
Kevin Jackson
Director2.9yrsUS$52.00k0%
$ 0
9.7yrs
Average Tenure
64yo
Average Age

Experienced Board: CXDO's board of directors are considered experienced (9.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 14:33
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Crexendo, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael NicholsB. Riley Securities, Inc.
George SuttonCraig-Hallum Capital Group LLC
Egor TolmachevFreedom Broker