Company reported Q2 net loss of $18.6 mln, reversing from net income last year
Q2 results include contributions from Monavate and Baanx acquisitions, with increased expenses
Result Drivers
Acquisitions impact - Q2 results reflect financial contributions and increased expenses from Monavate and Baanx acquisitions
Marketing partnerships - New partnerships with UFC and Latin American streaming platforms launched to reach new customers and enable stablecoin payments
Declining user activity - Exodus reported decreases in monthly active users, funded users, and swap volume compared to Q1 2026
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"
EXOD•
