Galaxy Digital is mischaracterized as merely a crypto proxy, but recent innovations challenge this view. GLXY has launched institutional OTC prediction markets, targeting hedge funds and family offices with unique liquidity and discretion. I see significant growth prospects and an attractive valuation, supporting a bullish stance on GLXY.
Galaxy Digital is transitioning from a crypto-focused firm to a leading AI/HPC data center operator, with Helios as a core value driver. GLXY's 15-year CoreWeave lease is expected to generate $1B annual revenue and 90% EBITDA margins, with significant upside from an additional 830 MW capacity. I assign a BUY rating and a 12-month price target of $39.90, reflecting undervalued data center optionality and resilient digital asset operations.
Galaxy Digital had a decent Q1, but it's still not profitable and has plenty to execute ahead of it. Asset tokenization is a growing market that offers welcome upside and would be a welcome, capital-light addition. Data centers started making revenue in April through Helios, but this is more capital-intensive and not as easy.
Galaxy Digital, the cryptocurrency company run by billionaire Michael Novogratz, on Tuesday reported a $482 million loss in the fourth quarter as the value of bitcoin and other digital assets fell.
The average of price targets set by Wall Street analysts indicates a potential upside of 52% in Galaxy Digital Inc. (GLXY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
2025 was a tumultuous year for digital asset and diversified financial services company Galaxy Digital Holdings Ltd. NASDAQ: GLXY.
Galaxy Digital is aggressively transitioning from digital assets to a diversified financial and AI infrastructure platform, offering significant upside potential. GLXY's integrated model—spanning global markets, asset management, and AI-driven data centers—supports robust revenue growth and operational efficiency. The Helios data center provides a unique moat, positioning GLXY for decades of expansion and premium AI infrastructure multiples.
Galaxy Digital is expanding into AI infrastructure while maintaining its core cryptocurrency business. GLXY differentiates itself from peers like IREN and CoreWeave by not abandoning crypto amid its AI pivot. Recent performance has lagged since October despite solid earnings, with investor concerns persisting.
Galaxy Digital is fundamentally undervalued, trading at $25 despite a fair value estimate of $50-$70 per share for its data center infrastructure business. Galaxy acquired Helios for $65M in 2022, securing 1,500+ acres with 345kV infrastructure that would take competitors 5-8 years to replicate. 800 MW contracted capacity with CoreWeave for 15 years generates $1.2B annual revenue at 90% margins, with first revenue expected in H1 2026.
GLXY posted soaring Q3 earnings and 231% revenue growth, but shares slid 14% as crypto market weakness weighed.
Shares of Galaxy Digital Inc (NASDAQ:GLXY) are up 7% at $38.68 at last glance -- hitting their highest levels since 2008 -- after the company launched its new financial technology platform, GalaxyOne.
Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood.