Intel stock spikes after report of possible US government stake
Investing.com - Benchmark has reiterated its Buy rating and $58.00 price target on Exodus Movement, Inc. (OTC:EXOD) following the company’s second-quarter 2025 earnings report released Monday. The stock, currently trading at $25.88, has delivered an impressive 97.5% return over the past year, with analyst targets ranging from $50 to $65. According to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment.
The research firm described the quarterly results as a "reset print" that paradoxically strengthened the long-term bullish thesis on the stock by demonstrating potential sources of operating leverage and distribution for the crypto platform. The company maintains strong fundamentals with a 96.6% gross margin and 71.4% revenue growth in the last twelve months.
On Monday morning, Exodus Movement unveiled a strategic partnership with MetaMask, a widely used self-custodial crypto wallet developed by privately-held Consensys.
Under the partnership agreement, Exodus Movement’s XO Swap functionality will be embedded directly into MetaMask’s wallet interface.
Benchmark indicated this integration could provide new avenues for growth and expanded distribution for Exodus Movement’s services.
In other recent news, Exodus Movement Inc. reported its second-quarter earnings for 2025, revealing a revenue of $26 million, which missed the forecasted $31.5 million. Despite the revenue shortfall, the company experienced a 16% year-over-year growth. BTIG maintained its Buy rating and $50.00 price target on the company, even though the earnings report was mixed. The digital asset firm reported revenue in line with BTIG’s estimates but slightly below consensus expectations. Gross profit and adjusted EBIT results did not meet Street estimates, attributed to one-time expenses and an unfavorable volume mix with certain partners. These developments have been closely watched by investors, as they indicate the company’s current financial health. BTIG’s continued Buy rating suggests confidence in the company’s long-term prospects despite the recent earnings miss.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.