Galaxy Digital Inc. (NASDAQ:GLXY) Receives $45.23 Consensus PT from Analysts

Shares of Galaxy Digital Inc. (NASDAQ:GLXY) have been given a consensus rating of “Moderate Buy” by the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $45.2308.

A number of brokerages recently weighed in on GLXY. The Goldman Sachs Group decreased their price target on shares of Galaxy Digital from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday. Canaccord Genuity Group reiterated a “buy” rating and set a $50.00 target price on shares of Galaxy Digital in a research note on Friday, January 30th. HC Wainwright dropped their price target on Galaxy Digital from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Citizens Jmp reaffirmed a “market outperform” rating and set a $60.00 price objective on shares of Galaxy Digital in a research note on Wednesday, February 4th. Finally, JMP Securities set a $60.00 target price on Galaxy Digital in a research note on Tuesday, December 9th.

Galaxy Digital Trading Up 17.3%

GLXY opened at $19.76 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.36. Galaxy Digital has a 52 week low of $8.20 and a 52 week high of $45.92. The business’s 50 day moving average is $26.47 and its two-hundred day moving average is $29.25. The firm has a market cap of $7.72 billion and a price-to-earnings ratio of 16.47.

Galaxy Digital (NASDAQ:GLXY) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.08) earnings per share for the quarter, beating the consensus estimate of ($1.24) by $0.16. The firm had revenue of $10.37 billion during the quarter, compared to analyst estimates of $13.08 billion.

Key Stories Impacting Galaxy Digital

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

• Positive Sentiment: Board approved a share repurchase program authorizing up to $200 million of Class A common stock over the next 12 months (open‑market or negotiated buys; Nasdaq purchases capped at ~5% of outstanding shares; program can be suspended). This buyback is the primary catalyst for today’s upside as investors view it as a signal of confidence and a way to support the stock. Galaxy approves buyback
• Positive Sentiment: Director Douglas Deason purchased 25,000 shares (~$520k at ~$20.80), increasing his stake materially — an insider buy that supports management confidence in the outlook. SEC Form 4
• Positive Sentiment: HC Wainwright raised several 2026 quarterly estimates (Q2–Q4) and trimmed FY2026 losses slightly while maintaining a Buy rating and $40 target — a sign of improving medium‑term profit expectations. HC Wainwright note
• Positive Sentiment: BTIG and other brokers reiterated Buy/Outperform stances, providing continued institutional support that helps underpin sentiment if buyback execution continues. BTIG reiterates Buy
• Neutral Sentiment: Consensus broker view still sits around “Moderate Buy” with a range of price targets; this mixed but generally favorable coverage tempers volatility but leaves upside dependent on execution and crypto market moves. Consensus recommendation
• Neutral Sentiment: Morgan Stanley trimmed its price target (reported as lower than earlier) but left an overweight stance — a moderate signal that helps relative positioning but reduces some upside from higher targets. Morgan Stanley coverage
• Negative Sentiment: Galaxy reported a $482 million net loss in Q4 2025 and missed revenue expectations, which sparked earlier heavy selling and remains a core reason for near‑term downside risk and analyst forecast trimming. Q4 loss report
• Negative Sentiment: Several analysts cut near‑term forecasts after the Q4 results and some commentary remains pessimistic about short‑term earnings and crypto market dependency, which could re‑pressure the stock if buybacks or crypto prices disappoint. Analyst forecast cuts

Insiders Place Their Bets

In other news, Director Douglas R. Deason acquired 25,000 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were purchased at an average cost of $20.80 per share, for a total transaction of $520,000.00. Following the transaction, the director directly owned 59,000 shares in the company, valued at approximately $1,227,200. This represents a 73.53% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Trading of Galaxy Digital

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Galaxy Digital by 27.5% during the fourth quarter. Vanguard Group Inc. now owns 20,669,893 shares of the company’s stock worth $462,310,000 after acquiring an additional 4,463,782 shares during the period. Balyasny Asset Management L.P. acquired a new position in Galaxy Digital during the 2nd quarter worth approximately $113,435,000. Invesco Ltd. purchased a new position in shares of Galaxy Digital during the 2nd quarter worth approximately $53,233,000. Tidal Investments LLC acquired a new stake in shares of Galaxy Digital in the 2nd quarter valued at approximately $48,452,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Galaxy Digital in the second quarter valued at approximately $43,525,000.

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.