Galaxy Digital’s (GLXY) Market Outperform Rating Reiterated at Citizens Jmp

Galaxy Digital (NASDAQ:GLXY)‘s stock had its “market outperform” rating reissued by stock analysts at Citizens Jmp in a research report issued on Wednesday,Benzinga reports. They currently have a $60.00 target price on the stock. Citizens Jmp’s price objective would indicate a potential upside of 187.08% from the stock’s current price.

A number of other equities analysts have also weighed in on GLXY. Morgan Stanley assumed coverage on Galaxy Digital in a research report on Thursday, November 6th. They issued an “overweight” rating and a $42.00 target price for the company. Rosenblatt Securities restated a “buy” rating and set a $46.00 price target on shares of Galaxy Digital in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Galaxy Digital in a report on Monday, December 29th. Canaccord Genuity Group restated a “buy” rating and issued a $50.00 price objective on shares of Galaxy Digital in a research note on Friday, January 30th. Finally, Benchmark upped their price target on Galaxy Digital from $40.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.69.

Galaxy Digital Stock Performance

Shares of GLXY stock traded down $1.08 during trading on Wednesday, reaching $20.90. 4,160,576 shares of the company’s stock traded hands, compared to its average volume of 7,345,008. The firm’s 50-day moving average is $26.92 and its 200 day moving average is $29.47. 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 has a 1 year low of $8.20 and a 1 year high of $45.92. The company has a market capitalization of $8.16 billion and a P/E ratio of 17.42.

Galaxy Digital (NASDAQ:GLXY) last announced its quarterly earnings results 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 company had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $13.08 billion.

Insider Buying and Selling

In other news, Director Douglas R. Deason acquired 10,000 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was acquired at an average price of $29.59 per share, for a total transaction of $295,900.00. Following the completion of the transaction, the director owned 10,000 shares in the company, valued at approximately $295,900. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of Galaxy Digital

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Galaxy Digital by 27.5% during the 4th quarter. Vanguard Group Inc. now owns 20,669,893 shares of the company’s stock worth $462,310,000 after purchasing an additional 4,463,782 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in Galaxy Digital in the second quarter valued at about $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 Galaxy Digital in the second quarter valued at $48,452,000. Finally, Geode Capital Management LLC purchased a new position in Galaxy Digital in the second quarter valued at about $43,525,000.

Galaxy Digital News Roundup

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, signaling continued institutional conviction in Galaxy’s long‑term upside. BTIG Reaffirms Buy; $50 PT
• Positive Sentiment: Healthy liquidity and operating metrics: Galaxy reported $2.6B in cash and stablecoins, $3.0B total equity, adjusted gross profit of $426M and positive adjusted EBITDA of $34M for 2025 — important buffers vs. market volatility. PR Newswire: Q4 and FY2025 Results
• Positive Sentiment: Earnings per share slightly outperformed estimates: GAAP diluted EPS of $(1.08) beat consensus (≈$(1.24)), which can be read as a modest beat amid a difficult quarter for digital-asset prices. Yahoo Finance: Q4 2025 Earnings Transcript
• Neutral Sentiment: CEO commentary remains cautious on bitcoin’s recovery timing — Mike Novogratz said investors will “know it when you see it,” underscoring uncertainty around a crypto market bottom. This keeps outlook dependent on crypto-price action rather than company fundamentals alone. MSN: Novogratz Bitcoin Comment
• Neutral Sentiment: Full earnings and call transcripts are available for deeper detail (management tone, segment breakdowns and one‑time items). Investors who want to dig into drivers and reserves should read the call. MSN: Earnings Call Transcript
• Neutral Sentiment: Reported short‑interest data appears unreliable in the feed (zeros/NaN); ignore until an official update — current short-interest impact unclear.
• Negative Sentiment: Large quarterly loss and revenue miss: Galaxy posted a $482M Q4 net loss and revenue of $10.37B vs. analyst expectations of ~$13.08B — the loss was driven by declines in digital‑asset prices, prompting investor concern. Blockonomi: $482M Loss Coverage
• Negative Sentiment: Strong negative market reaction: media and trading headlines report share price plunges (double‑digit percentages) after the print, reflecting investor risk aversion to crypto‑linked earnings volatility and the magnitude of the loss. Yahoo Finance: Shares Plunge After Q4 Loss

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.