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TSE:GLXY

Galaxy Digital (GLXY) Stock Price, News & Analysis

C$14.20
+0.78 (+5.81%)
(As of 05/22/2024 ET)
Today's Range
C$13.43
C$14.39
50-Day Range
C$11.47
C$16.05
52-Week Range
C$4.07
C$16.29
Volume
1.21 million shs
Average Volume
927,510 shs
Market Capitalization
C$1.76 billion
P/E Ratio
2.34
Dividend Yield
12.30%
Price Target
C$20.00

Galaxy Digital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.8% Upside
C$20.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Galaxy Digital in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
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.

2.26 out of 5 stars

GLXY stock logo

About Galaxy Digital Stock (TSE:GLXY)

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products. It also offers GalaxyOne, a unified technology platform for institutional investors; and financial and strategic advisory services for the digital assets, Web3, and blockchain technology sector. In addition, the company provides Galaxy Asset Management, a platform that provides access to the digital asset ecosystem; bitcoin mining and validator services; and quantitative, arbitrage, and macro trading strategies. Further, it develops, operates, and invests in technology that powers the digital assets ecosystem, such as bitcoin mining and hosting services, network validator services, and enterprise-grade self-custody technology. Galaxy Digital Holdings Ltd. is headquartered in New York, New York.

GLXY Stock Price History

GLXY Stock News Headlines

Galaxy Digital (TSE:GLXY) Price Target Raised to C$20.00
Galaxy Digital Holdings 1Q Profit, Revenue Rise
Galaxy Asset Management: March 2024 Month End AUM
Galaxy Digital in Roughly $100 Mln Stock Offering
See More Headlines
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Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
434
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$20.00
High Stock Price Target
C$20.00
Low Stock Price Target
C$20.00
Potential Upside/Downside
+40.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$473.13 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
C$0.10 per share
Book Value
C$8.20 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.76 billion
Optionable
Not Optionable
Beta
3.21
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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: $4.09M
  • Mr. Christopher C. Ferraro
    President & Chief Investment Officer
  • Mr. Alexander M. Ioffe (Age 56)
    Chief Financial Officer
    Comp: $1.16M
  • Ms. Erin Brown
    Chief Operating Officer
  • Mr. Jason Peter Urban
    Global Head of Trading
  • Mr. Damien Richard-Paul Vanderwilt (Age 46)
    Senior Advisor & Director
    Comp: $2.05M
  • Mr. Richard Joseph Tavoso (Age 58)
    Manager & Director
    Comp: $74.85k
  • Mr. Michael Ashe
    Head of Investment Banking
  • Jonathan Goldowsky
    Head of Investor Relations

GLXY Stock Analysis - Frequently Asked Questions

Should I buy or sell Galaxy Digital stock right now?

1 Wall Street 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 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 Wall Street analysts have issued 12-month price targets for Galaxy Digital's stock. Their GLXY share price targets range from C$20.00 to C$20.00. On average, they predict the company's stock price to reach C$20.00 in the next twelve months. This suggests a possible upside of 40.8% 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 on January 1st, 2024. Since then, GLXY shares have increased by 37.5% and is now trading at C$14.20.
View the best growth stocks for 2024 here
.

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 5/23/2024 by MarketBeat.com Staff

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