Galaxy Digital Holdings Ltd. (GLXY-T)
TSE:GLXY
16.45
0.99
(5.68%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Weekly 52-Week Low (or 52-Week High): BAM-T, ATRL-T, NPI-T, SVA-X and More 52-Week Highs and Lows (Jan 22-28)This summary was created by AI, based on 8 opinions in the last 12 months.
Galaxy Digital Holdings Ltd. (GLXY) has seen a significant upward momentum recently, with past recommendations from Stockchase Research Editor Michael O'Reilly showing consistent gains ranging from 26% to 98%. The constant advice of trailing stop-loss orders indicates a strategy focused on protecting gains while also allowing for potential further appreciation. Notably, the company's investments in early-stage crypto trading platforms and partnerships, such as with Invesco for an Ethereum ETP, indicate a shift towards a less volatile yet innovative approach in the crypto sector. Experts suggest that while GLXY may provide a good entry point in the high $20s, it remains an investment prone to volatility, urging buyers to be patient and disciplined. According to analysts, the potential for further growth exists despite the current high valuation, emphasizing a cautious optimism towards future performance.
GLXY initially went public via a reverse takeover of a Canadian shell company in 2018, which automatically made GLXY a Canadian-listed entity. It is a Canadian-domiciled company for regulatory purposes, meaning its parent company is incorporated in Canada, but its operational headquarters are in New York. Similarly, SHOP is headquartered in Canada, but also trades on the US stock exchange.
GLXY has had a substantial run up in price, and we think there may be an opportunity in the low $20s at some point, but this could require a lot of investor patience. Near-term, we think the high $20s can represent a good entry point, while acknowledging that it is highly volatile and could see big drawdowns at any time.
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GLXY invests in early stage companies building crypto trading platforms. They have recently partnered with Invesco to create a ethereum ETP. It is a lower risk method of riding the wave of crypto, without the underlying price volatility. It trades at 11x earnings, under book value and supports a resounding 73% ROE. We suggest setting a stop-loss at $12, looking to achieve $20 -- upside potential of 25%. Yield 0%.
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Galaxy Digital Holdings Ltd.(GLXY-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 7
Galaxy Digital Holdings Ltd.(GLXY-T) Frequently Asked Questions
What is Galaxy Digital Holdings Ltd. stock symbol?
Galaxy Digital Holdings Ltd. is a Canadian stock, trading under the symbol GLXY-T on the Toronto Stock Exchange (GLXY-CT). It is usually referred to as TSX:GLXY or GLXY-T
Is Galaxy Digital Holdings Ltd. a buy or a sell?
In the last year, 7 stock analysts published opinions about GLXY-T. 7 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Galaxy Digital Holdings Ltd..
Is Galaxy Digital Holdings Ltd. a good investment or a top pick?
Galaxy Digital Holdings Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Galaxy Digital Holdings Ltd..
Why is Galaxy Digital Holdings Ltd. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Galaxy Digital Holdings Ltd. worth watching?
7 stock analysts on Stockchase covered Galaxy Digital Holdings Ltd. In the last year. It is a trending stock that is worth watching.
What is Galaxy Digital Holdings Ltd. stock price?
On 2025-03-28, Galaxy Digital Holdings Ltd. (GLXY-T) stock closed at a price of $16.45.
Our PAST TOP PICK with GLXY has triggered its stop at $25. To remain disciplined, we recommend covering the position at this time. When combined with our previous guidance, this will result in a net investment gain of 42%.