HC Wainwright Predicts Stronger Earnings for Galaxy Digital

Key Points

• HC Wainwright has raised its Q3 2025 EPS estimates for Galaxy Digital to ($0.02), up from a prior estimate of ($0.07), while maintaining a "Strong-Buy" rating for the stock.
• Galaxy Digital's stock saw a 2.7% increase, with the current price at $28.09, and it has a consensus target price averaging $35.63 across various brokerages.
• Insiders have sold a significant amount of stock, with total sales reaching $175.36 million, indicating a notable decrease in insider ownership.

Galaxy Digital Inc. (NASDAQ:GLXY - Free Report) - Stock analysts at HC Wainwright raised their Q3 2025 EPS estimates for shares of Galaxy Digital in a research note issued to investors on Wednesday, August 6th. HC Wainwright analyst M. Colonnese now anticipates that the company will earn ($0.02) per share for the quarter, up from their prior estimate of ($0.07). HC Wainwright currently has a "Strong-Buy" rating on the stock. HC Wainwright also issued estimates for Galaxy Digital's Q4 2025 earnings at ($0.22) EPS, Q1 2026 earnings at ($0.30) EPS, Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.27) EPS, Q4 2026 earnings at ($0.22) EPS and FY2026 earnings at ($1.08) EPS.

A number of other brokerages have also recently commented on GLXY. Rosenblatt Securities dropped their price target on Galaxy Digital from $36.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday. Maxim Group started coverage on Galaxy Digital in a report on Thursday, July 31st. They set a "buy" rating and a $40.00 price target for the company. Jefferies Financial Group assumed coverage on Galaxy Digital in a research report on Wednesday, July 23rd. They set a "buy" rating and a $35.00 target price for the company. The Goldman Sachs Group initiated coverage on Galaxy Digital in a research note on Thursday, July 31st. They issued a "neutral" rating and a $30.00 price objective on the stock. Finally, Piper Sandler raised their target price on shares of Galaxy Digital from $34.00 to $36.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $35.63.

Galaxy Digital Stock Up 2.7%

Galaxy Digital stock opened at $28.09 on Friday. Galaxy Digital has a twelve month low of $8.20 and a twelve month high of $33.17. The stock has a fifty day simple moving average of $22.76.

Galaxy Digital (NASDAQ:GLXY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.14. The firm had revenue of $8.66 billion during the quarter, compared to analysts' expectations of $13.11 billion.

Institutional Trading of Galaxy Digital

A number of large investors have recently modified their holdings of the company. CWM LLC acquired a new position in shares of Galaxy Digital in the 2nd quarter worth approximately $26,000. Centerpoint Advisors LLC purchased a new stake in shares of Galaxy Digital in the second quarter valued at $33,000. DHJJ Financial Advisors Ltd. acquired a new stake in Galaxy Digital during the 2nd quarter worth about $34,000. FNY Investment Advisers LLC acquired a new stake in shares of Galaxy Digital during the second quarter worth approximately $60,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of Galaxy Digital during the 2nd quarter valued at $77,000.

Insider Buying and Selling at Galaxy Digital

In related news, insider Christopher C. Ferraro sold 1,250,000 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $18.10, for a total transaction of $22,625,000.00. Following the sale, the insider owned 1,437,921 shares in the company, valued at approximately $26,026,370.10. This trade represents a 46.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Andrew N. Siegel sold 223,169 shares of the company's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $18.10, for a total value of $4,039,358.90. Following the sale, the general counsel owned 479,896 shares of the company's stock, valued at approximately $8,686,117.60. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,668,671 shares of company stock worth $175,359,900.

About Galaxy Digital

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

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