Here is how Exodus Movement, Inc. (EXOD) and Fujitsu Ltd. (FJTSY) have performed compared to their sector so far this year.
Exodus Movement offers secure, self-custodial wallets supporting Bitcoin, Ethereum, Solana, and Cardano, integrated with platforms like Ledger and Magic Eden. Their XO Swap platform generates about 85% of their revenue. This is mostly thanks to its security and partnerships with Ledger, without self-custody hassles. You see, EXOD's Passkeys and MPC technology significantly simplify self-custody, eliminating cumbersome seed phrases and making crypto much more user-friendly.
Exodus Movement, Inc. (NYSE:EXOD ) Q4 2024 Results Conference Call March 3, 2025 4:30 PM ET Company Participants Greg McNiff - IR JP Richardson - Chief Executive Officer and Co-Founder James Gernetzke - Chief Financial Officer Conference Call Participants Ed Engel - Compass Kevin Dede - H.C. Wainwright Greg McNiff Welcome everyone to Exodus' Fourth Quarter 2024 Earnings Conference Call.
H.C. Wainwright initiated coverage of Exodus Movement with a Buy rating and $50 price target. Exodus holds no crypto for customers, but does maintain a treasury balance of its own carrying roughly 1,900 bitcoin or almost $200M and roughly 19% of its current market cap, the analyst tells investors in a research note. The firm expects the company's user base to continue to expand in the more favorable crypto environment expected with the administration change.