Upexi (NASDAQ:UPXI) Posts Quarterly Earnings Results, Misses Estimates By $1.47 EPS

Upexi (NASDAQ:UPXI) released its earnings results on Tuesday. The company reported ($1.67) EPS for the quarter, missing the consensus estimate of ($0.20) by ($1.47), FiscalAI reports. The business had revenue of $1.05 million for the quarter, compared to analysts’ expectations of $2.90 million. Upexi had a negative net margin of 496.86% and a negative return on equity of 41.47%.

Upexi Price Performance

NASDAQ:UPXI traded down $0.12 during mid-day trading on Tuesday, reaching $1.35. 3,495,190 shares of the stock were exchanged, compared to its average volume of 4,892,705. The company has a current ratio of 2.20, a quick ratio of 2.19 and a debt-to-equity ratio of 2.96. Upexi has a 1-year low of $0.54 and a 1-year high of $15.50. The firm has a market capitalization of $90.34 million, a PE ratio of -0.42 and a beta of -0.32. The business has a fifty day moving average price of $1.14 and a 200 day moving average price of $1.90.

Institutional Trading of Upexi

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE increased its position in Upexi by 3,733.8% in the 3rd quarter. Bank of America Corp DE now owns 13,725 shares of the company’s stock worth $79,000 after buying an additional 13,367 shares during the period. Nomura Holdings Inc. bought a new position in Upexi in the 3rd quarter worth approximately $104,000. Price T Rowe Associates Inc. MD bought a new position in Upexi in the 4th quarter worth approximately $35,000. Schonfeld Strategic Advisors LLC bought a new position in Upexi in the 3rd quarter worth approximately $194,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Upexi in the 4th quarter worth approximately $58,000. Institutional investors and hedge funds own 5.68% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on UPXI shares. iA Financial set a $8.00 target price on Upexi in a research report on Tuesday, January 13th. Wall Street Zen raised Upexi from a “strong sell” rating to a “sell” rating in a research report on Sunday. Finally, Cantor Fitzgerald raised Upexi to a “strong-buy” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $8.33.

About Upexi

Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company’s expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.

The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.