Galaxy Digital Analysts Cut Their Forecasts Following Q4 Results

Benzinga02-05

Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) posted downbeat results for the fourth quarter on Tuesday.

Quarterly revenue came in at $10.37 billion, falling short of the expected $13.21 billion. The company also reported a loss per share of $1.08, missing the estimate for a loss of 52 cents.

Galaxy said it ended the quarter with $6.4 billion in assets under management and $5 billion in assets under stake.

The company said it remains on track to deliver 133MW of critical IT load to CoreWeave in the first half of 2026 under the Phase I lease agreement.

Galaxy shares fell 7.5% to trade at $20.33 on Wednesday.

These analysts made changes to their price targets on Galaxy following earnings announcement.

  • HC Wainwright & Co. analyst Mike Colonnese maintained Galaxy Digital with a Buy and lowered the price target from $45 to $40.
  • Goldman Sachs analyst James Yaro maintained the stock with a Neutral and cut the price target from $27 to $24.
  • Morgan Stanley analyst James Faucette maintained Galaxy Digital with an Overweight rating and slashed the price target from $43 to $36.

Considering buying GLXY stock? Here’s what analysts think:

Photo via Shutterstock

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