Brokerages Set Galaxy Digital Inc. (NASDAQ:GLXY) Price Target at $46.00

Shares of Galaxy Digital Inc. (NASDAQ:GLXY) have received a consensus rating of “Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $46.00.

GLXY has been the topic of several analyst reports. Piper Sandler upped their target price on Galaxy Digital from $36.00 to $42.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. The Goldman Sachs Group lowered their price target on Galaxy Digital from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. BTIG Research increased their price objective on Galaxy Digital from $35.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, October 21st. Benchmark raised their target price on shares of Galaxy Digital from $40.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Finally, JMP Securities set a $60.00 target price on shares of Galaxy Digital in a report on Tuesday, December 9th.

Key Galaxy Digital News

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

• Positive Sentiment: ERCOT approved an additional 830 MW at Galaxy’s Helios campus, doubling authorized capacity to >1.6 GW and backing a signed service agreement with AEP — a clear capacity and revenue runway for AI/data‑center demand. Galaxy Completes ERCOT Interconnection Studies and Secures Approval for Additional 830 Megawatts at Helios Data Center Campus
• Positive Sentiment: CEO Mike Novogratz said Galaxy is “potentially in negotiation” with hyperscalers for the 830 MW expansion — implying committed customers or strong demand that would de‑risk volume and future leasing/revenue. Galaxy potentially “in negotiation” with hyperscalers for 830 MW Helios expansion: Novogratz
• Positive Sentiment: Market coverage and media reporting tied to the Helios approvals spurred intraday buying and momentum headlines (multiple outlets highlighted the data‑center expansion as a major strategic pivot). Galaxy Digital (GLXY) soars 13.5% on Helios data center expansion
• Positive Sentiment: Galaxy closed the initial $75M tranche of a debut tokenized CLO (on Avalanche) to fund lending — this creates on‑chain institutional capital for its lending book and supports recurring fee/income diversification. Galaxy Digital Announces Initial Closing of Tokenized CLO at $75M
• Positive Sentiment: Wall Street analyst coverage shows large upside in consensus price targets (Zacks highlights ~52% average upside), which can attract buyers and momentum traders. Wall Street Analysts Think Galaxy Digital Inc. (GLXY) Could Surge 52.02%: Read This Before Placing a Bet
• Neutral Sentiment: Galaxy scheduled its Q4 & full‑year 2025 results and an investor webcast on Feb 3 — an upcoming earnings print can add short‑term volatility depending on guidance and data‑center/crypto mix. Galaxy Schedules Webcast and Investor Call to Review Fourth Quarter and Full Year 2025 Results on February 3, 2026
• Neutral Sentiment: Broader market commentary (MarketBeat week review) and sector rotation into AI/data‑center names are background forces that can amplify moves but aren’t Galaxy‑specific catalysts. The Bullish Case for Galaxy Digital in 2026
• Negative Sentiment: Risks remain — Galaxy still has material exposure to crypto trading and prior capital‑raising (exchangeable notes), which can create dilution and earnings volatility if markets wobble. Investors should weigh the data‑center upside against ongoing crypto risk. The Bullish Case for Galaxy Digital in 2026

Galaxy Digital Stock Performance

Shares of GLXY opened at $34.31 on Monday. The stock has a market capitalization of $13.40 billion and a price-to-earnings ratio of 28.59. Galaxy Digital has a 12 month low of $8.20 and a 12 month high of $45.92. The firm has a fifty day simple moving average of $26.05 and a 200 day simple moving average of $28.66. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36.

Galaxy Digital (NASDAQ:GLXY) last issued its quarterly earnings results on Tuesday, October 21st. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.38 by $0.74. The business had revenue of $28.40 billion for the quarter, compared to the consensus estimate of $19.85 billion. During the same period last year, the firm earned ($0.16) earnings per share.

Insider Buying and Selling at Galaxy Digital

In other news, Director Douglas R. Deason bought 10,000 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were bought at an average cost of $29.59 per share, with a total value of $295,900.00. Following the acquisition, the director owned 10,000 shares in the company, valued at $295,900. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Hedge Funds Weigh In On Galaxy Digital

A number of institutional investors have recently bought and sold shares of GLXY. CWM LLC lifted its position in shares of Galaxy Digital by 20.8% in the third quarter. CWM LLC now owns 1,419 shares of the company’s stock valued at $48,000 after buying an additional 244 shares during the last quarter. Victory Capital Management Inc. raised its stake in Galaxy Digital by 2.1% in the 3rd quarter. Victory Capital Management Inc. now owns 19,596 shares of the company’s stock valued at $663,000 after acquiring an additional 411 shares during the period. Belpointe Asset Management LLC lifted its holdings in Galaxy Digital by 6.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 13,641 shares of the company’s stock valued at $461,000 after purchasing an additional 867 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Galaxy Digital by 6.7% during the 3rd quarter. Raymond James Financial Inc. now owns 13,768 shares of the company’s stock valued at $465,000 after purchasing an additional 868 shares during the last quarter. Finally, ORG Partners LLC boosted its position in Galaxy Digital by 1,110.0% during the third quarter. ORG Partners LLC now owns 968 shares of the company’s stock worth $36,000 after purchasing an additional 888 shares during the period.

Galaxy Digital Company Profile

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.