Reading the tape
NASDAQ: GLXY
Galaxy Digital
Financial Services · Financial - Capital Markets
Market Cap
$8.43B
52w High
$45.92
52w Low
$16.43
P/E
36.10
Volume
5.72M
Outstanding Shares
331.69M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 11.49%Revenue (TTM): 24.29%FCF (TTM): -60.87%
What changed
The stock rose 11.49% over the last year. Revenue grew 24.29% over the trailing twelve months. Operating margin moved from 0.98% to 1.74%. Free cash flow declined 60.87% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 1.74%. A decisive move in revenue — currently up 24.29% — would be the clearest signal to resolve the ambiguity.
Company profile
Galaxy Digital Inc. engages in the digital asset and blockchain businesses.
CEOMichael Edward Novogratz
SectorFinancial Services
IndustryFinancial - Capital Markets
Employees528
IPO dateMay 16, 2025
Valuation
Forward P/E—
EV/EBITDA13.36
Enterprise value$8.14B
Price / Book4.38
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-22.62%
Gross margin18.48%▼37.19%vs FY2024
Operating margin1.74%▼43.15%vs FY2024
ROE-12.54%▼262.68%vs FY2024
Analyst consensus
RatingBuy
Target price$37.43▲47.25%
9
Buy
2
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 4, 2026
Q3 FY26 · EPS est -$0.61 · Revenue est $11.06B
View