Cantor Fitzgerald Boosts Upexi (NASDAQ:UPXI) Price Target to $2.00

Key Points

• Cantor Fitzgerald raised Upexi’s price target to $2.00 from $1.30 and maintained an “overweight” rating, implying 93.24% potential upside from the stock’s current price.
• Analyst sentiment remains mixed: Weiss Ratings reaffirmed a “sell (e+)” rating, while MarketBeat data shows an overall “Hold” consensus and an average price target of $5.00.
• Upexi shares opened at $1.03, with an $81.45 million market capitalization and a 52-week trading range of $0.54 to $7.75. Institutional investors own 5.68% of the company after several funds recently increased or initiated positions.

Upexi (NASDAQ:UPXI - Get Free Report) had its price objective increased by Cantor Fitzgerald from $1.30 to $2.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Cantor Fitzgerald's price target would suggest a potential upside of 93.24% from the stock's current price.

Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Upexi in a report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Upexi currently has an average rating of "Hold" and an average target price of $5.00.

Upexi Price Performance

NASDAQ:UPXI opened at $1.03 on Thursday. The firm has a market capitalization of $81.45 million, a price-to-earnings ratio of -1.67 and a beta of -0.21. Upexi has a 52-week low of $0.54 and a 52-week high of $7.75. The stock has a fifty day moving average of $0.89 and a 200 day moving average of $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 and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in shares of Upexi by 3,733.8% during the 3rd quarter. Bank of America Corp DE now owns 13,725 shares of the company's stock worth $79,000 after acquiring an additional 13,367 shares during the last quarter. Clearstead Advisors LLC bought a new position in Upexi in the fourth quarter valued at $27,000. Nomura Holdings Inc. bought a new position in Upexi in the third quarter valued at $104,000. OMERS ADMINISTRATION Corp increased its stake in Upexi by 19.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 120,800 shares of the company's stock valued at $119,000 after acquiring an additional 19,600 shares during the last quarter. Finally, Millington Financial Advisors LLC raised its position in Upexi by 100.0% during the fourth quarter. Millington Financial Advisors LLC now owns 40,000 shares of the company's stock valued at $67,000 after purchasing an additional 20,000 shares in the last quarter. Hedge funds and other institutional investors own 5.68% of the company's stock.

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.

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