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UPXI · NASDAQ · Internet Content & Information

Upexi (UPXI)

Develops and distributes consumer brands while operating a Solana-focused digital-asset treasury and staking operation.

$1.23
vs last close−0.03 (−2.78%)
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Upexi, Inc.UPXI
Communication Services

Develops, manufactures, and distributes consumer products through direct-to-consumer, wholesale, and third-party platforms, including Amazon. The business couples brand ownership and logistics services with a Solana-focused digital-asset treasury that acquires, holds, deploys, and stakes SOL.

Develops, manufactures, and distributes company-owned consumer brands. Products reach customers through a direct-to-consumer network, wholesale partnerships, and third-party platforms such as Amazon. The operating model ties brand ownership to manufacturing and a distribution network.

Warehousing, storage, consolidation, assembly, Amazon preparation, distribution, and fulfilment support the brands and manufacturing operation. Current brand-by-brand revenue shares are not separately reported in the reviewed filings.

Alongside the consumer-products business, operates a digital-asset treasury primarily focused on Solana tokens. Related activity includes acquiring, holding, deploying, and staking SOL; Blueprint stakes a portion of its SOL. This treasury policy sits alongside its consumer-products operation.

Company facts

CEOAllan Marshall
ListedJun 24, 2021
ExchangeNASDAQ
HeadquartersTampa, FL
CountryUnited States
Employees59
CIK0001775194
ISINUS39959A2050

Market cap$92.5M
EPS (ttm)−$4.17
P/E (ttm)−0.3022
ROE-640.1%
P/B
P/S3.70
Dividend yieldDiv yield
Beta4.28vs XLC −0.15

Price target$5.00+296.8%Average of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Feb 11, 2026Cantor FitzgeraldReiterate
Rating: Target: $6
Rating: OverweightTarget: $2
Jan 13, 2026Industrial Alliance SecuritiesTarget
Target:
Target: $8
Nov 14, 2025Cantor FitzgeraldReiterate
Rating: Target:
Rating: OverweightTarget: $6

Next report
Nov 11, 26
estimated · in 50 days
EPS estimate
−$0.23
Revenue estimate
$4.2M
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported−$1.24−$2.87−$0.24−$0.12−$2.94−$1.67−$0.10Pending
Estimate−$1.60−$1.60−$0.07$0.01−$0.08−$0.20−$0.11−$0.23
Surprise+22.5%−79.4%−269.2%−1,300.0%−3,820.0%−735.0%+9.1%

RevenueReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported$4.0M$3.2M$3.3M$9.2M$2.9M$4.6M$3.1MPending
Estimate$17.2M$18.1M$4.0M$9.2M$6.7M$2.9M$5.8M$4.2M
Surprise−76.7%−82.4%−17.9%+0.9%−56.4%+57.1%−45.7%
Estimate−$0.23
ReportedDue Nov 11, 2026
Estimate$4.2M
ReportedDue Nov 11, 2026
View details

Current ratio164.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$4.4M$4.0M$3.2M$4.3M$9.2M$8.1M$4.6M$3.1M
Net income−$1.6M−$1.3M−$3.8M−$6.9M$66.7M−$178.9M−$109.3M−$24.5M
Net margin0.0%0.0%0.0%0.0%722.4%0.0%0.0%0.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income−$1.3M−$1.1M−$3.6M−$6.5M$69.2M−$9.1M−$5.8M−$86.1M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedTurned profitLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $5.8M · Total debt $223.7M · Total assets $180.1M · Shareholders' equity −$53.8M

Revenue
$3.1M
Operating income
−$86.1M
Net income
−$24.5M
View details

No dividends on record.

Institutions17.76%13.05M shares
52 holders · as of Jun 30, 2026
Insiders12.51%9.19M shares
6 holders · as of Jul 20, 2026
Strategic holders13.80%10.14M shares
2 holders · as of Aug 14, 2026
Other55.93%41.08M shares
remainder

73.45M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Hivemind Capital Partners, LLCStrategic
9.31%6.84Mfiled Aug 14, 2026
Allan MarshallInsiderdirector, officer: Chief Executive Officer
8.23%6.05Mfiled Jul 20, 2026
Marex Securities Products Inc.Strategic
4.49%3.30Mfiled Jan 8, 2026
Arrington Capital Management, LLCInstitution
3.76%2.76Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.28%2.41Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 23, 2025Allan Marshalldirector, officer: Chief Executive Officer+50,000$1.80
Dec 15, 2025Allan Marshalldirector, officer: Chief Executive Officer+100,000$2.07
Dec 16, 2025Allan Marshalldirector, officer: Chief Executive Officer+50,000$2.07
Nov 20, 2025Gene Salkinddirector+50,000$2.55
Nov 17, 2025Gene Salkinddirector+200,000$2.73
View details

  • Forward Industries

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  • DeFi Development

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  • Solana Company

    Pure-play public SOL treasury focused on SOL per share

  • SkyAI

    SOL-treasury peer now extending treasury use into agentic finance

  • SOL Strategies

    Solana validator, liquid-staking, and institutional-staking operator

Compare

CompanyPriceChange
Upexi$1.23−2.78%$92.5M3.7−4.6%
Forward Industries$8.38+2.51%$602.6M40.911.3+332.1%
DeFi Development$6.10−6.37%$196.1M13.0+66.9%
Solana Company$3.25+4.50%$181.6M15.0+5,774.4%
SkyAI$1.75−2.23%$75.8M30.3
SOL Strategies$1.52−1.62%$39.3M−31.0%
Median40.914.0+199.5%