GLXY·Galaxy Digital Holdings Ltd.

Galaxy Digital is a financial services firm operating in the digital asset ecosystem and data center infrastructure, offering trading, advisory, asset management, staking, self‑custody, and tokenization services to institutional investors while also investing in AI‑optimized data centers across multiple regions. The company sits at the intersection of capital markets and emerging technology, positioning itself to benefit from growing institutional demand for crypto services and high‑performance computing. In the most recent two quarters, Q1 2026 revenue fell to $10.04 billion from $11.93 billion in Q1 2025, a decline of roughly 16%, while Q2 2026 revenue dropped further to $8.58 billion from $12.48 billion in Q2 2025, a 31% year‑over‑year decline; EPS mirrored this trend, with a loss of $0.49 in Q1 2026 versus a loss of $0.86 in Q1 2025, and a loss of $0.09 in Q2 2026 versus a modest $0.08 profit in Q2 2025. The company has historically beaten earnings estimates in 3 of the last 4 quarters, but the recent back‑to‑back losses indicate a reversal of that pattern. Over the past five years, Galaxy Digital has shown a volatile YoY growth trajectory, with revenue spikes in 2024 driven by crypto‑asset management but a sharp contraction in 2026 as market conditions tightened; EPS has fluctuated between losses and modest gains, often missing analyst expectations during downturns. Recent news highlights a Citigroup upgrade to buy with a $28 target on Oct 13, citing stronger fundamentals in crypto and AI services, while Goldman Sachs cut its target to $24 on Oct 7, reflecting caution amid a broader crypto revenue rebound; these divergent views underscore the market’s uncertainty.