Crexendo (CXDO) Soars 15.1%: Is Further Upside Left in the Stock?

Company Overview - Crexendo (CXDO) shares increased by 15.1% to $5.11 in the last trading session, with a higher-than-average trading volume, contrasting with a 0.5% loss over the past four weeks [1] - The company is experiencing strong demand for its Software Solutions and Telecom Services [1] Earnings Expectations - Crexendo is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of 58.3% [2] - Revenue is anticipated to be $15.07 million, which is an increase of 8.7% compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Crexendo has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - Crexendo operates within the Zacks Internet - Services industry, where Lyft (LYFT) also belongs [3] - Lyft's consensus EPS estimate has increased by 16.7% over the past month to $0.19, although this still represents a year-over-year decline of 20.8% [4] - Lyft also holds a Zacks Rank of 3 (Hold) [4]