Galaxy Digital Inc. (NASDAQ:GLXY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Galaxy Digital Inc. (NASDAQ:GLXY) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $39.4286.

A number of equities research analysts have recently issued reports on the stock. Piper Sandler reduced their price target on shares of Galaxy Digital from $42.00 to $36.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Cantor Fitzgerald reduced their price target on shares of Galaxy Digital from $48.00 to $30.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Rosenblatt Securities reissued a “buy” rating and issued a $39.00 price target on shares of Galaxy Digital in a research note on Thursday, April 23rd. Chardan Capital assumed coverage on shares of Galaxy Digital in a research note on Monday. They issued a “buy” rating and a $35.00 price target on the stock. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $50.00 price target on shares of Galaxy Digital in a research note on Friday, April 24th.

Insider Activity

In related news, Director Douglas R. Deason purchased 25,000 shares of Galaxy Digital stock in a transaction dated Wednesday, February 4th. The shares were acquired at an average cost of $20.80 per share, with a total value of $520,000.00. Following the purchase, the director owned 59,000 shares of the company’s stock, valued at approximately $1,227,200. The trade was a 73.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 51.53% of the company’s stock.

Institutional Investors Weigh In On Galaxy Digital

A number of institutional investors and hedge funds have recently made changes to their positions in GLXY. CWM LLC increased its stake in Galaxy Digital by 20.8% during the 3rd quarter. CWM LLC now owns 1,419 shares of the company’s stock worth $48,000 after buying an additional 244 shares during the period. Victory Capital Management Inc. increased its stake in Galaxy Digital by 2.1% during the 3rd quarter. Victory Capital Management Inc. now owns 19,596 shares of the company’s stock worth $663,000 after buying an additional 411 shares during the period. Private Advisor Group LLC increased its stake in Galaxy Digital by 6.9% during the 1st quarter. Private Advisor Group LLC now owns 10,108 shares of the company’s stock worth $186,000 after buying an additional 655 shares during the period. Dimensional Fund Advisors LP increased its stake in Galaxy Digital by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 52,879 shares of the company’s stock worth $1,182,000 after buying an additional 666 shares during the period. Finally, Main Management ETF Advisors LLC increased its stake in Galaxy Digital by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 71,253 shares of the company’s stock worth $1,593,000 after buying an additional 728 shares during the period.

Galaxy Digital Stock Performance

NASDAQ:GLXY opened at $26.36 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market capitalization of $10.26 billion and a price-to-earnings ratio of 219.67. The company’s 50-day moving average is $21.82 and its two-hundred day moving average is $26.10. Galaxy Digital has a 1-year low of $14.70 and a 1-year high of $45.92.

Galaxy Digital (NASDAQ:GLXY) last released its quarterly earnings results on Tuesday, April 28th. The company reported ($0.49) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.10. The company had revenue of $7.35 billion during the quarter. During the same quarter last year, the business earned ($0.86) earnings per share. Analysts forecast that Galaxy Digital will post -0.78 EPS for the current year.

More Galaxy Digital News

Here are the key news stories impacting Galaxy Digital this week:

• Positive Sentiment: Helios campus moved from construction to early revenue: Galaxy delivered its first data hall to CoreWeave, is targeting substantially all 133 MW of critical IT load by end of Q2, and received ERCOT approval for an additional ~830 MW (raising approved capacity to >1.6 GW), signaling accelerating revenue potential from the Texas data‑center campus. Quiver Quantitative
• Positive Sentiment: Active share buybacks and corporate simplification: management repurchased ~3.2M Class A shares for $65M in the quarter and completed a voluntary delisting from the Toronto Stock Exchange to consolidate on Nasdaq — both actions support per‑share metrics and signal capital‑allocation focus. Quiver Quantitative
• Positive Sentiment: Analyst support and fresh coverage: BTIG reaffirmed a Buy and set a $50 PT, and Chardan initiated coverage with a Buy — bullish analyst notes and high targets can lift sentiment. Benzinga MSN/Chardan
• Positive Sentiment: Insider and institutional demand: recent insider purchases (multiple buys by Douglas Deason) and large institutional increases (e.g., Capital Research, Vanguard additions reported) suggest buy‑side interest at current levels. Quiver Quantitative
• Neutral Sentiment: Q1 results: Galaxy reported EPS of ($0.49), beating consensus (~$0.59 loss) and revenue of $7.35B; balance sheet includes ~$2.6B in cash and stablecoins — the EPS beat is supportive, while underlying drivers remain mixed. PR Newswire
• Neutral Sentiment: Earnings call and transcripts available for detail: management commentary (transcripts posted) will be important for investors to assess cadence of Helios revenue, timing of power deliveries and capital plans. Yahoo Finance transcript Seeking Alpha
• Negative Sentiment: Large quarterly loss tied to crypto prices: net loss of $216M (adjusted gross loss $(88)M; adjusted EBITDA $(188)M) was driven primarily by digital‑asset price depreciation — earnings remain volatile and correlated to crypto markets. PR Newswire
• Negative Sentiment: Mixed analyst moves and earlier intraday selling: some firms trimmed targets (e.g., Piper Sandler to $36) and headlines noted a pullback as traders digested the loss and softer risk appetite, which can increase near‑term volatility. InsiderMonkey/Piper Benzinga

About Galaxy Digital

Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) is a diversified financial services and investment management firm dedicated to the digital assets and blockchain technology sectors. Established in 2018 by Mike Novogratz, the company operates across trading, asset management, principal investing and advisory services. Galaxy Digital caters to institutional clients, high-net-worth investors and corporations seeking exposure to cryptocurrencies, decentralized finance (DeFi) protocols and other blockchain-based assets.

In its trading division, Galaxy Digital provides market-making, execution and over-the-counter (OTC) solutions for a wide range of digital tokens.