Galaxy Digital (NASDAQ:GLXY) Shares Gap Down – Should You Sell?

Galaxy Digital Inc. (NASDAQ:GLXY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $26.44, but opened at $25.23. Galaxy Digital shares last traded at $24.10, with a volume of 1,967,750 shares trading hands.

Key Headlines Impacting Galaxy Digital

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

• Positive Sentiment: Analyst support remains: BTIG reaffirmed a “buy” rating with a $50 price target (implies material upside from current levels). BTIG price target
• Positive Sentiment: Additional broker buy reiterations from Rosenblatt and Canaccord Genuity — these continued positive endorsements can support investor confidence. Rosenblatt note Canaccord note
• Positive Sentiment: Earnings beat on a per‑share basis: Q4 adjusted EPS of $(1.08) topped consensus of $(1.24), which can temper downside expectations vs. street estimates. Earnings beat
• Neutral Sentiment: Solid liquidity and capital base: reported total equity of ~$3.0B and cash + stablecoins of ~$2.6B as of Dec. 31, 2025 — provides runway but exposure to crypto prices remains key. Press release
• Neutral Sentiment: Corporate housekeeping: completed reorganization and domestication to a Delaware entity and Nasdaq listing — reduces structural/legal uncertainty but is already priced in. Reorganization note
• Neutral Sentiment: Short interest data reported appears anomalous/zeroed out (no meaningful signal from the provided short‑interest figures). Investors should treat that data cautiously.
• Negative Sentiment: Large reported losses: Q4 net loss of $482M (adjusted EPS $(1.08)) and full‑year net loss of $241M, driven by depreciation in digital asset prices and ~$160M of one‑time costs — highlights earnings volatility tied to crypto markets. Financial results

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Morgan Stanley started coverage on Galaxy Digital in a report on Thursday, November 6th. They issued an “overweight” rating and a $42.00 price target on the stock. Citizens Jmp assumed coverage on Galaxy Digital in a research report on Tuesday, December 9th. They set a “market outperform” rating and a $60.00 price objective for the company. Citigroup assumed coverage on Galaxy Digital in a report on Tuesday, December 9th. They issued an “outperform” rating for the company. Rosenblatt Securities restated a “buy” rating and issued a $46.00 price target on shares of Galaxy Digital in a report on Friday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $27.00 target price on shares of Galaxy Digital in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Galaxy Digital has a consensus rating of “Buy” and a consensus price target of $46.42.

Galaxy Digital Trading Down 18.6%

The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The business’s 50-day simple moving average is $26.99 and its two-hundred day simple moving average is $29.50. The company has a market capitalization of $8.41 billion and a PE ratio of 17.93.

Galaxy Digital (NASDAQ:GLXY) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.24) by $0.16.

Insider Buying and Selling

In other news, Director Douglas R. Deason purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The stock was acquired at an average cost of $29.59 per share, for a total transaction of $295,900.00. Following the completion of the purchase, the director owned 10,000 shares of the company’s stock, valued at approximately $295,900. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hedge Funds Weigh In On Galaxy Digital

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Galaxy Digital by 27.5% in the 4th quarter. Vanguard Group Inc. now owns 20,669,893 shares of the company’s stock valued at $462,310,000 after buying an additional 4,463,782 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of Galaxy Digital in the 2nd quarter worth about $113,435,000. Invesco Ltd. bought a new stake in shares of Galaxy Digital during the second quarter valued at approximately $53,233,000. Tidal Investments LLC acquired a new position in Galaxy Digital during the 2nd quarter worth $48,452,000. Finally, Geode Capital Management LLC acquired a new position in Galaxy Digital during the 2nd quarter valued at about $43,525,000.

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.