Q1 EPS Estimates for Galaxy Digital Reduced by HC Wainwright

Galaxy Digital Inc. (NASDAQ:GLXY) – Stock analysts at HC Wainwright reduced their Q1 2026 EPS estimates for shares of Galaxy Digital in a research note issued to investors on Wednesday, February 4th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings of ($0.50) per share for the quarter, down from their previous forecast of ($0.08). HC Wainwright has a “Buy” rating and a $40.00 price objective on the stock. HC Wainwright also issued estimates for Galaxy Digital’s Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.12 EPS and FY2026 earnings at ($0.32) EPS.

Galaxy Digital (NASDAQ:GLXY) last issued its earnings results on Tuesday, February 3rd. The company reported ($1.08) EPS for the quarter, beating analysts’ consensus estimates of ($1.24) by $0.16. The business had revenue of $10.37 billion during the quarter, compared to analyst estimates of $13.08 billion.

A number of other equities research analysts have also issued reports on the company. BTIG Research restated a “buy” rating and issued a $50.00 price target on shares of Galaxy Digital in a research report on Tuesday. Citigroup started coverage on Galaxy Digital in a research note on Tuesday, December 9th. They set an “outperform” rating on the stock. Morgan Stanley cut their target price on Galaxy Digital from $43.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Galaxy Digital in a research report on Monday, December 29th. Finally, JMP Securities set a $60.00 price objective on shares of Galaxy Digital in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.23.

Galaxy Digital Stock Up 17.3%

GLXY stock opened at $19.76 on Friday. The company has a market cap of $7.72 billion and a price-to-earnings ratio of 16.47. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. Galaxy Digital has a 12 month low of $8.20 and a 12 month high of $45.92. The firm has a 50-day moving average of $26.47 and a two-hundred day moving average of $29.26.

Hedge Funds Weigh In On Galaxy Digital

Hedge funds have recently bought and sold shares of the company. Belpointe Asset Management LLC acquired a new position in Galaxy Digital in the 2nd quarter valued at about $280,000. Vontobel Holding Ltd. purchased a new position in shares of Galaxy Digital in the second quarter valued at approximately $766,000. IFP Advisors Inc acquired a new position in shares of Galaxy Digital in the second quarter valued at approximately $84,000. Concurrent Investment Advisors LLC purchased a new stake in Galaxy Digital during the 2nd quarter worth approximately $299,000. Finally, CWM LLC acquired a new stake in Galaxy Digital during the 2nd quarter worth approximately $26,000.

Insider Buying and Selling

In other news, Director Douglas R. Deason purchased 25,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were bought at an average cost of $20.80 per share, for a total transaction of $520,000.00. Following the completion of the purchase, the director directly owned 59,000 shares of the company’s stock, valued at approximately $1,227,200. This trade represents a 73.53% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Key Headlines Impacting Galaxy Digital

Here are the key news stories impacting Galaxy Digital this week:

• Positive Sentiment: Board approved a share repurchase program authorizing up to $200 million of Class A common stock over the next 12 months (open‑market or negotiated buys; Nasdaq purchases capped at ~5% of outstanding shares; program can be suspended). This buyback is the primary catalyst for today’s upside as investors view it as a signal of confidence and a way to support the stock. Galaxy approves buyback
• Positive Sentiment: Director Douglas Deason purchased 25,000 shares (~$520k at ~$20.80), increasing his stake materially — an insider buy that supports management confidence in the outlook. SEC Form 4
• Positive Sentiment: HC Wainwright raised several 2026 quarterly estimates (Q2–Q4) and trimmed FY2026 losses slightly while maintaining a Buy rating and $40 target — a sign of improving medium‑term profit expectations. HC Wainwright note
• Positive Sentiment: BTIG and other brokers reiterated Buy/Outperform stances, providing continued institutional support that helps underpin sentiment if buyback execution continues. BTIG reiterates Buy
• Neutral Sentiment: Consensus broker view still sits around “Moderate Buy” with a range of price targets; this mixed but generally favorable coverage tempers volatility but leaves upside dependent on execution and crypto market moves. Consensus recommendation
• Neutral Sentiment: Morgan Stanley trimmed its price target (reported as lower than earlier) but left an overweight stance — a moderate signal that helps relative positioning but reduces some upside from higher targets. Morgan Stanley coverage
• Negative Sentiment: Galaxy reported a $482 million net loss in Q4 2025 and missed revenue expectations, which sparked earlier heavy selling and remains a core reason for near‑term downside risk and analyst forecast trimming. Q4 loss report
• Negative Sentiment: Several analysts cut near‑term forecasts after the Q4 results and some commentary remains pessimistic about short‑term earnings and crypto market dependency, which could re‑pressure the stock if buybacks or crypto prices disappoint. Analyst forecast cuts

Galaxy Digital Company Profile

Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) is a diversified financial services and investment management firm dedicated to the digital assets and blockchain technology sectors. Established in 2018 by Mike Novogratz, the company operates across trading, asset management, principal investing and advisory services. Galaxy Digital caters to institutional clients, high-net-worth investors and corporations seeking exposure to cryptocurrencies, decentralized finance (DeFi) protocols and other blockchain-based assets.

In its trading division, Galaxy Digital provides market-making, execution and over-the-counter (OTC) solutions for a wide range of digital tokens.