Recent Analysts’ Ratings Changes for Galaxy Digital (GLXY)

Several brokerages have updated their recommendations and price targets on shares of Galaxy Digital (NASDAQ: GLXY) in the last few weeks:

• 11/10/2026 – Galaxy Digital was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 11/9/2026 – Galaxy Digital had its price target lowered by Morgan Stanley from $43.00 to $27.00. They now have an “overweight” rating on the stock.
• 10/28/2026 – Galaxy Digital had its “buy” rating reaffirmed by Canaccord Genuity Group. They now have a $50.00 price target on the stock.
• 10/28/2026 – Galaxy Digital had its price target lowered by HC Wainwright from $40.00 to $36.00. They now have a “buy” rating on the stock.
• 10/27/2026 – Galaxy Digital was given a new $20.50 price target by The Goldman Sachs Group.
• 10/27/2026 – Galaxy Digital had its “buy” rating reaffirmed by Chardan Capital. They now have a $35.00 price target on the stock.
• 10/27/2026 – Galaxy Digital had its price target lowered by BTIG Research from $45.00 to $35.00. They now have a “buy” rating on the stock.
• 10/26/2026 – Galaxy Digital had its price target lowered by Rosenblatt Securities from $35.00 to $30.00. They now have a “buy” rating on the stock.
• 10/23/2026 – Galaxy Digital was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 10/22/2026 – Galaxy Digital had its price target lowered by Maxim Group from $46.00 to $36.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Galaxy Digital had its price target lowered by Piper Sandler from $33.00 to $25.00. They now have an “overweight” rating on the stock.
• 10/13/2026 – Galaxy Digital was upgraded by Citigroup from “neutral” to “buy”. They now have a $28.00 price target on the stock, up from $26.00.
• 10/9/2026 – Galaxy Digital had its price target lowered by Morgan Stanley from $48.00 to $43.00. They now have an “overweight” rating on the stock.
• 10/8/2026 – Galaxy Digital was upgraded by Weiss Ratings from “sell (d-)” to “hold (c-)”.
• 9/18/2026 – Galaxy Digital was upgraded by Zacks Research from “strong sell” to “hold”.

Galaxy Digital Price Performance

NASDAQ GLXY traded down $0.94 during trading on Thursday, hitting $15.03. 5,523,270 shares of the company’s stock were exchanged, compared to its average volume of 6,592,152. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 1.04. The company has a market cap of $5.88 billion, a PE ratio of -15.03 and a beta of 5.38. Galaxy Digital Inc. has a fifty-two week low of $11.78 and a fifty-two week high of $36.10. The stock’s 50 day moving average price is $20.33 and its two-hundred day moving average price is $23.56.

Galaxy Digital (NASDAQ:GLXY) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.54. Galaxy Digital had a negative net margin of 0.89% and a negative return on equity of 10.30%. The company had revenue of $8.69 billion for the quarter.

Insider Activity at Galaxy Digital

In other news, Director Douglas R. Deason acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The shares were bought at an average price of $13.98 per share, with a total value of $69,900.00. Following the acquisition, the director directly owned 76,000 shares in the company, valued at $1,062,480. The trade was a 7.04% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Medina Adams sold 12,000 shares of the firm’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $16.45, for a total value of $197,400.00. Following the sale, the director directly owned 107,919 shares in the company, valued at approximately $1,775,267.55. This trade represents a 10.01% decrease in their position. The SEC filing for this sale provides additional information. 51.53% of the stock is currently owned by insiders.

Galaxy Digital is a financial services and investment management company focused on digital assets and blockchain technology. Its businesses include trading and other financial services for institutions, investment and asset management, and digital infrastructure, including data center and bitcoin mining operations. Founded in 2018 by Michael Novogratz, the company serves institutional clients and investors in the United States and other markets. Novogratz is Galaxy’s founder and chief executive officer.