Upexi (UPXI, Financial) recently reported a significant drop in revenue for the first quarter, with earnings totaling $3.2 million compared to $5.2 million during the same period last year. Despite this decline, the company is making strategic moves in the cryptocurrency sector.
Under the leadership of CEO Allan Marshall, Upexi successfully secured a $100 million private placement from leading crypto venture capitalists. The company is actively pursuing a crypto treasury strategy and has introduced a new revenue stream through staking. Upexi plans to strategically accumulate SOL, aiming to enhance shareholder value through disciplined investments in the cryptocurrency market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Upexi Inc (UPXI, Financial) is $25.00 with a high estimate of $25.00 and a low estimate of $25.00. The average target implies an upside of 160.96% from the current price of $9.58. More detailed estimate data can be found on the Upexi Inc (UPXI) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Upexi Inc's (UPXI, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Upexi Inc (UPXI, Financial) in one year is $6.76, suggesting a downside of 29.44% from the current price of $9.58. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Upexi Inc (UPXI) Summary page.
