Upexi (NASDAQ:UPXI) Releases Quarterly Earnings Results, Misses Expectations By $1.47 EPS

Upexi (NASDAQ:UPXI) released its quarterly 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. Upexi had a negative return on equity of 41.47% and a negative net margin of 496.86%.The company had revenue of $1.05 million for the quarter, compared to analysts’ expectations of $2.90 million.

Upexi Price Performance

UPXI traded down $0.12 during trading on Tuesday, reaching $1.35. 3,489,081 shares of the stock were exchanged, compared to its average volume of 4,892,705. The company has a debt-to-equity ratio of 2.96, a current ratio of 2.20 and a quick ratio of 2.19. The company has a market capitalization of $90.34 million, a price-to-earnings ratio of -0.42 and a beta of -0.32. Upexi has a 1 year low of $0.54 and a 1 year high of $15.50. The business’s 50 day moving average price is $1.14 and its two-hundred day moving average price is $1.90.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC purchased a new position in shares of Upexi in the second quarter valued at $1,002,000. Balyasny Asset Management L.P. purchased a new position in shares of Upexi in the fourth quarter valued at $470,000. BNP Paribas Financial Markets purchased a new position in shares of Upexi in the third quarter valued at $430,000. Capital Fund Management S.A. purchased a new position in shares of Upexi in the third quarter valued at $347,000. Finally, XTX Topco Ltd increased its position in shares of Upexi by 388.4% in the fourth quarter. XTX Topco Ltd now owns 152,873 shares of the company’s stock valued at $257,000 after buying an additional 121,574 shares in the last quarter. Hedge funds and other institutional investors own 5.68% of the company’s stock.

Wall Street Analysts Forecast Growth

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