Movement Alert｜Galaxy Digital Holdings Ltd. Intraday Rise 6.57% in Regular Trading, Q3 adjusted EPS beat expectations

Market Focus10-27

On October 27, Galaxy Digital Holdings Ltd. saw an Intraday Rise of 6.57% in Regular Trading, with the stock trading at $16.28 and turnover of $13.10 million.

The main catalyst was its latest quarterly report: Q3 adjusted EPS came in at $0.83, above consensus expectations cited in market reports, while revenue was $8.69 billion, also slightly above one set of analyst forecasts though below the prior-year level.

Background details show adjusted net income declined from $1.12 per diluted share a year earlier, and revenue fell from $29.22 billion. Ahead of the results, the stock had also been supported by a warmer sell-side stance, including a Buy upgrade with a $28 target and an earlier target increase to $48 with an Overweight rating, helping sustain valuation-recovery expectations.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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