This Fintech Leverages Blockchain for Efficient Lending, with Stock Rising 50% Since Going Public.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
0mins
Should l Buy GLXY?
Source: Barron's
- Adoption of Blockchain: Major financial institutions like BlackRock and the New York Stock Exchange are increasingly adopting blockchain technology.
- Applications of Blockchain: This technology is being utilized for recording and trading various assets, including stocks, bonds, loans, and real estate.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GLXY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GLXY
Wall Street analysts forecast GLXY stock price to rise
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 27.440
Low
24.00
Averages
43.89
High
60.00
Current: 27.440
Low
24.00
Averages
43.89
High
60.00
About GLXY
Galaxy Digital Inc. is engaged in the business of digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence (AI). The Company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, it develops and operates data center infrastructure to power AI and high-performance computing workloads. The Company's segments include Digital Assets, Data Centers, and Treasury and Corporate. Its Digital Assets operating business segment provides new products and capabilities such as staking, margin-based financing and active exchange-traded funds. The Data Centers segment comprises the Helios infrastructure assets. The Company's Data Centers segment develops and operates High Performance Computing (HPC) infrastructure to meet the growing demand for large-scale, power-ready facilities in the AI/HPC industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Stocks Close: S&P 500 Hits All-Time High
- S&P 500 Strong Performance: The S&P 500 index rose by 0.29%, reaching an all-time high, driven by Apple's forecast of stronger-than-expected Q2 revenue, which boosted market sentiment and indicated increased investor confidence in tech stocks.
- Atlassian Stock Surge: Atlassian's stock soared over 29% after reporting Q3 revenue of $1.79 billion, exceeding the market expectation of $1.69 billion, highlighting a robust recovery in the software sector that may attract more investor interest.
- Oil Price Volatility Impacting Markets: WTI crude oil prices fell more than 3%, easing inflation concerns, although trade tensions resurfaced with President Trump's threat to raise tariffs on EU auto imports, potentially negatively affecting market sentiment.
- Economic Data Influencing Stocks: The April ISM manufacturing index remained unchanged at 52.7, below the expected 53.2, indicating signs of economic slowdown, despite the majority of companies reporting Q1 earnings that exceeded expectations, leaving the overall market facing uncertainty.
See More
Mixed Performance in US Indices as Apple’s Strong Earnings Boost Market
- Apple's Strong Earnings: Apple Inc. (AAPL) reported Q2 revenue of $111.18 billion, exceeding the consensus of $109.66 billion, and forecasted Q3 revenue growth of 14% to 17%, significantly above the expected 9.1%, which propelled the Dow Jones Industrial Average up over 4%.
- Software Stocks Surge: Atlassian (TEAM) posted Q3 revenue of $1.79 billion, surpassing the consensus of $1.69 billion, leading to a stock price increase of over 20%, which not only boosted the software sector but also enhanced investor confidence in tech stocks.
- Oil Price Volatility: WTI crude oil prices fell more than 3% due to developments in the US-Iran agreement, temporarily easing inflation concerns and contributing to stock market gains, highlighting the energy market's influence on the overall economy.
- Weak Manufacturing Data: The April ISM manufacturing index remained unchanged at 52.7, below the expected 53.2, while the prices paid sub-index rose to a four-year high of 84.6, indicating increasing price pressures that could impact Federal Reserve policy decisions.
See More
Latest Wall Street Rating Updates
- Starbucks Rating Maintained: Morgan Stanley reiterates its overweight rating on Starbucks, indicating that the ongoing debate about the company's earnings power reflects an improving narrative that may attract more investor interest.
- Robinhood Outlook Positive: Bernstein maintains an outperform rating on Robinhood, noting that HOOD stock marked a bottom in Q1 and has started strong in April, suggesting increasing market confidence in its future.
- CoreWeave Price Target Raised: Wells Fargo raises CoreWeave's price target from $125 to $135, believing that the company's leading position in AI infrastructure will allow it to benefit as demand continues to outpace supply.
- Telecom Argentina Upgrade: JPMorgan upgrades Telecom Argentina from neutral to overweight, expecting substantial benefits from market consolidation as the antitrust review of its acquisition of Telefonica Argentina nears completion.
See More
Novogratz: Bitcoin Unlikely to Exceed $100K This Year
- Bitcoin Price Outlook: Galaxy Digital CEO Michael Novogratz stated that Bitcoin is unlikely to exceed $100K this year, noting that despite a recovery from a severe sell-off to $60K back up to $80K, there are still significant resistance levels to overcome between $80K and $85K.
- Earnings Report Performance: Galaxy Digital reported a Q1 non-GAAP EPS of -$0.49, beating analyst estimates by $0.44, with revenue of $10.04 billion, down 22.7% year-over-year, yet surpassing expectations by $1.29 billion, demonstrating resilience amid challenging market conditions.
- Market Concerns: Despite the earnings beat, Galaxy Digital's stock price remained relatively unchanged due to ongoing concerns over the depreciation of digital asset prices, reflecting a cautious market sentiment regarding the future of cryptocurrencies.
- Macroeconomic Factors: Novogratz emphasized that for Bitcoin to reclaim the $100K mark, easing from central banks is necessary, and with the ongoing war in Iraq, significant inflation data is expected, which could adversely affect Bitcoin's price trajectory.
See More
Galaxy Digital Reports Q1 2026 Earnings Amid Crypto Downturn
- Poor Financial Performance: Galaxy Digital reported a GAAP net loss of $216 million for Q1 2026, translating to a loss of $0.49 per share, primarily due to unrealized market losses, highlighting financial vulnerability amid a downturn in the crypto market.
- Cost Control Measures: The company managed to reduce its operating expenses to approximately $147 million in Q1, a 7% decrease quarter-over-quarter, indicating effective cost management strategies in response to market pressures.
- Data Center Progress: Galaxy has successfully delivered its first data hall and is on track to deliver 133 megawatts of critical IT capacity by the end of Q2, demonstrating steady progress in infrastructure development that could lay the groundwork for future revenue growth.
- Cautious Future Outlook: While management did not provide full GAAP EPS or revenue guidance, they estimated a second-quarter adjusted EBITDA of approximately $90 million, reflecting a cautiously optimistic view on profitability amid ongoing market uncertainties.
See More
Galaxy Digital Q1 2026 Earnings Beat Expectations Despite Loss
- Earnings Highlights: Galaxy Digital reported a Q1 2026 non-GAAP EPS of -$0.49, beating expectations by $0.44, indicating some resilience in profitability despite challenging conditions.
- Revenue Performance: The quarter's revenue stood at $10.04 billion, down 22.7% year-over-year, yet it exceeded market expectations by $1.29 billion, suggesting the company maintained a degree of market share amid digital asset volatility.
- Net Loss Situation: The net loss for Q1 2026 reached $216 million, primarily driven by the depreciation of digital asset prices, reflecting the challenges the market poses to the company's financial health.
- Market Reaction: Despite the earnings data surpassing expectations, the market has downgraded Galaxy Digital's rating, indicating a cautious sentiment among investors regarding the company's future prospects.
See More
U.S. Stocks Close: S&P 500 Hits All-Time High
- S&P 500 Strong Performance: The S&P 500 index rose by 0.29%, reaching an all-time high, driven by Apple's forecast of stronger-than-expected Q2 revenue, which boosted market sentiment and indicated increased investor confidence in tech stocks.
- Atlassian Stock Surge: Atlassian's stock soared over 29% after reporting Q3 revenue of $1.79 billion, exceeding the market expectation of $1.69 billion, highlighting a robust recovery in the software sector that may attract more investor interest.
- Oil Price Volatility Impacting Markets: WTI crude oil prices fell more than 3%, easing inflation concerns, although trade tensions resurfaced with President Trump's threat to raise tariffs on EU auto imports, potentially negatively affecting market sentiment.
- Economic Data Influencing Stocks: The April ISM manufacturing index remained unchanged at 52.7, below the expected 53.2, indicating signs of economic slowdown, despite the majority of companies reporting Q1 earnings that exceeded expectations, leaving the overall market facing uncertainty.
See More
Mixed Performance in US Indices as Apple’s Strong Earnings Boost Market
- Apple's Strong Earnings: Apple Inc. (AAPL) reported Q2 revenue of $111.18 billion, exceeding the consensus of $109.66 billion, and forecasted Q3 revenue growth of 14% to 17%, significantly above the expected 9.1%, which propelled the Dow Jones Industrial Average up over 4%.
- Software Stocks Surge: Atlassian (TEAM) posted Q3 revenue of $1.79 billion, surpassing the consensus of $1.69 billion, leading to a stock price increase of over 20%, which not only boosted the software sector but also enhanced investor confidence in tech stocks.
- Oil Price Volatility: WTI crude oil prices fell more than 3% due to developments in the US-Iran agreement, temporarily easing inflation concerns and contributing to stock market gains, highlighting the energy market's influence on the overall economy.
- Weak Manufacturing Data: The April ISM manufacturing index remained unchanged at 52.7, below the expected 53.2, while the prices paid sub-index rose to a four-year high of 84.6, indicating increasing price pressures that could impact Federal Reserve policy decisions.
See More
Latest Wall Street Rating Updates
- Starbucks Rating Maintained: Morgan Stanley reiterates its overweight rating on Starbucks, indicating that the ongoing debate about the company's earnings power reflects an improving narrative that may attract more investor interest.
- Robinhood Outlook Positive: Bernstein maintains an outperform rating on Robinhood, noting that HOOD stock marked a bottom in Q1 and has started strong in April, suggesting increasing market confidence in its future.
- CoreWeave Price Target Raised: Wells Fargo raises CoreWeave's price target from $125 to $135, believing that the company's leading position in AI infrastructure will allow it to benefit as demand continues to outpace supply.
- Telecom Argentina Upgrade: JPMorgan upgrades Telecom Argentina from neutral to overweight, expecting substantial benefits from market consolidation as the antitrust review of its acquisition of Telefonica Argentina nears completion.
See More
Novogratz: Bitcoin Unlikely to Exceed $100K This Year
- Bitcoin Price Outlook: Galaxy Digital CEO Michael Novogratz stated that Bitcoin is unlikely to exceed $100K this year, noting that despite a recovery from a severe sell-off to $60K back up to $80K, there are still significant resistance levels to overcome between $80K and $85K.
- Earnings Report Performance: Galaxy Digital reported a Q1 non-GAAP EPS of -$0.49, beating analyst estimates by $0.44, with revenue of $10.04 billion, down 22.7% year-over-year, yet surpassing expectations by $1.29 billion, demonstrating resilience amid challenging market conditions.
- Market Concerns: Despite the earnings beat, Galaxy Digital's stock price remained relatively unchanged due to ongoing concerns over the depreciation of digital asset prices, reflecting a cautious market sentiment regarding the future of cryptocurrencies.
- Macroeconomic Factors: Novogratz emphasized that for Bitcoin to reclaim the $100K mark, easing from central banks is necessary, and with the ongoing war in Iraq, significant inflation data is expected, which could adversely affect Bitcoin's price trajectory.
See More
Galaxy Digital Reports Q1 2026 Earnings Amid Crypto Downturn
- Poor Financial Performance: Galaxy Digital reported a GAAP net loss of $216 million for Q1 2026, translating to a loss of $0.49 per share, primarily due to unrealized market losses, highlighting financial vulnerability amid a downturn in the crypto market.
- Cost Control Measures: The company managed to reduce its operating expenses to approximately $147 million in Q1, a 7% decrease quarter-over-quarter, indicating effective cost management strategies in response to market pressures.
- Data Center Progress: Galaxy has successfully delivered its first data hall and is on track to deliver 133 megawatts of critical IT capacity by the end of Q2, demonstrating steady progress in infrastructure development that could lay the groundwork for future revenue growth.
- Cautious Future Outlook: While management did not provide full GAAP EPS or revenue guidance, they estimated a second-quarter adjusted EBITDA of approximately $90 million, reflecting a cautiously optimistic view on profitability amid ongoing market uncertainties.
See More
Galaxy Digital Q1 2026 Earnings Beat Expectations Despite Loss
- Earnings Highlights: Galaxy Digital reported a Q1 2026 non-GAAP EPS of -$0.49, beating expectations by $0.44, indicating some resilience in profitability despite challenging conditions.
- Revenue Performance: The quarter's revenue stood at $10.04 billion, down 22.7% year-over-year, yet it exceeded market expectations by $1.29 billion, suggesting the company maintained a degree of market share amid digital asset volatility.
- Net Loss Situation: The net loss for Q1 2026 reached $216 million, primarily driven by the depreciation of digital asset prices, reflecting the challenges the market poses to the company's financial health.
- Market Reaction: Despite the earnings data surpassing expectations, the market has downgraded Galaxy Digital's rating, indicating a cautious sentiment among investors regarding the company's future prospects.
See More
