Upexi (NASDAQ:UPXI) Given New $2.00 Price Target at Cantor Fitzgerald

Upexi (NASDAQ:UPXI) had its price objective lifted by Cantor Fitzgerald from $1.30 to $2.00 in a research note issued on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 93.24% from the company’s current price.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Upexi in a report on Friday, September 4th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $5.00.

Upexi Trading Down 0.5%

UPXI stock opened at $1.03 on Thursday. The company has a market capitalization of $81.45 million, a PE ratio of -1.67 and a beta of -0.21. Upexi has a one year low of $0.54 and a one year high of $7.75. The company’s 50 day moving average price is $0.89 and its two-hundred day moving average price is $1.02. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.72 and a current ratio of 1.72.

Institutional Trading of Upexi

Institutional investors have recently made changes to their positions in the stock. Arrington Capital Management LLC bought a new stake in Upexi during the 4th quarter valued at $4,637,000. Marex Group plc grew its holdings in Upexi by 289.2% in the 4th quarter. Marex Group plc now owns 2,507,176 shares of the company’s stock worth $4,212,000 after acquiring an additional 1,863,000 shares during the last quarter. MMCAP International Inc. SPC increased its position in shares of Upexi by 203.4% in the fourth quarter. MMCAP International Inc. SPC now owns 2,326,777 shares of the company’s stock valued at $3,909,000 after acquiring an additional 1,559,844 shares during the period. Alyeska Investment Group L.P. purchased a new position in shares of Upexi in the third quarter valued at about $7,175,000. Finally, UBS Group AG raised its stake in shares of Upexi by 1,988.7% during the third quarter. UBS Group AG now owns 757,244 shares of the company’s stock valued at $4,369,000 after acquiring an additional 720,990 shares during the last quarter. Hedge funds and other institutional investors own 5.68% of the company’s stock.

Upexi Company Profile

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.