THE BLOCK · 2026-11-12 16:55 UTC

Exodus' 'cost reset is real' as payments offset crypto wallet slowdown, StoneX says

Exodus expects roughly $30 million in annual savings going into 2027 after cutting headcount by about a third. StoneX keeps its $12 price target on Exodus and sees adjusted breakeven on the horizon, with payments offsetting a slowdown in crypto wallet activity. The $12 target implies about 150% upside from Thursday morning's share price.

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