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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
One company did the impossible with AI (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Critical asset just had biggest fall on record (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
One company did the impossible with AI (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Critical asset just had biggest fall on record (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
One company did the impossible with AI (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Critical asset just had biggest fall on record (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
TSE:GLXY

Galaxy Digital (GLXY) Stock Price, News & Analysis

C$12.65
-0.16 (-1.25%)
(As of 02/22/2024 ET)
Today's Range
C$12.05
C$13.35
50-Day Range
C$7.80
C$13.24
52-Week Range
C$3.60
C$13.60
Volume
1.00 million shs
Average Volume
919,121 shs
Market Capitalization
C$1.34 billion
P/E Ratio
N/A
Dividend Yield
12.30%
Price Target
C$13.00

Galaxy Digital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.8% Upside
C$13.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$124,080 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.23 out of 5 stars


GLXY stock logo

About Galaxy Digital Stock (TSE:GLXY)

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies. It also manages third party capital across traditional asset classes. In addition, the company offers financial advisory services, such as general corporate, strategic, mergers and acquisitions, divestitures, and restructuring advisory services, as well as equity, debt, and project finance capital markets services to public and private clients. Further, it has partnership with third-party data center providers and hosts its proprietary bitcoin mining equipment for helping to secure the Bitcoin network. Additionally, the company manages various portfolio of private investments across the digital assets industry, such as traditionally structured companies, as well as in those building digital asset networks powered and capitalized by tokens. Galaxy Digital Holdings Ltd. is headquartered in New York, New York.

GLXY Stock Price History

GLXY Stock News Headlines

Galaxy Digital Holdings Ltd.
The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
Galaxy Digital Holdings Ltd
Galaxy Asset Management: November 2023 Month End AUM
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
5 Growth Stocks For 2024
Galaxy Asset Management: October 2023 Month End AUM
Galaxy Digital Holdings Ltd GLXY
Galaxy Asset Management: August 2023 Month End AUM
Galaxy Asset Management: July 2023 Month End AUM
Here's what Wall Street expects from Galaxy Digital's earnings report
Galaxy Announces Second Quarter 2023 Financial Results
See More Headlines
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Company Calendar

Today
2/22/2024
Next Earnings (Estimated)
3/26/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
436
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.00
High Stock Price Target
C$13.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+2.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-107,270,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
C$0.09 per share
Book Value
C$3.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.34 billion
Optionable
Not Optionable
Beta
3.20
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Key Executives

  • Mr. Michael D. Daffey (Age 57)
    Chairman of the Board & Senior Advisor
  • Mr. Michael Edward Novogratz (Age 59)
    Founder, CEO & Director
    Comp: $4.69k
  • Mr. Christopher C. Ferraro
    President & Chief Investment Officer
  • Mr. Alexander M. Ioffe (Age 56)
    Chief Financial Officer
    Comp: $1.14M
  • Ms. Erin Brown
    Chief Operating Officer
  • Mr. Damien Richard-Paul Vanderwilt (Age 46)
    Senior Advisor & Director
    Comp: $694.92k
  • Mr. Michael Ashe
    Head of Investment Banking
  • Jonathan Goldowsky
    Head of Investor Relations
  • Mr. Andrew Neal Siegel J.D. (Age 58)
    General Counsel & Chief Compliance Officer
  • Mr. Leon Marshall
    CEO of Galaxy Europe & Global Head of Sales














GLXY Stock Analysis - Frequently Asked Questions

Should I buy or sell Galaxy Digital stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Galaxy Digital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLXY shares.
View GLXY analyst ratings
or view top-rated stocks.

What is Galaxy Digital's stock price target for 2024?

1 equities research analysts have issued 12-month price objectives for Galaxy Digital's shares. Their GLXY share price targets range from C$13.00 to C$13.00. On average, they predict the company's share price to reach C$13.00 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for GLXY
or view top-rated stocks among Wall Street analysts.

How have GLXY shares performed in 2024?

Galaxy Digital's stock was trading at C$10.33 at the beginning of 2024. Since then, GLXY stock has increased by 22.5% and is now trading at C$12.65.
View the best growth stocks for 2024 here
.

When is Galaxy Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 26th 2024.
View our GLXY earnings forecast
.

How do I buy shares of Galaxy Digital?

Shares of GLXY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GLXY) was last updated on 2/23/2024 by MarketBeat.com Staff