GLXY, US36317J2096

Citi raises target for Galaxy Digital stock to USD 28.00

Published on 10/24/2026 at 20:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 27, 2026. Galaxy Digital stock closed at USD 14.68 on October 23, 2026 at 4:00 p.m. ET, down 3.99 percent.

Citi target and earnings date

Citi raised its Galaxy Digital target from USD 26.00 to USD 28.00 on October 13, 2026.
Galaxy Digital is scheduled to report third-quarter results on October 27, 2026.
Galaxy Digital stock closed at USD 14.68 on Nasdaq on October 23, 2026, down 3.99 percent from USD 15.29.
Second-quarter revenue was USD 8.71 billion, down 3.86 percent from USD 9.06 billion a year earlier.

GLXY, US36317J2096, Illustration mit AI erstellt.

Galaxy Digital (ISIN US36317J2096) received a higher price target from Citi, which lifted its view from USD 26.00 to USD 28.00 and upgraded the rating from Neutral to Buy on October 13, 2026, CNBC reported. Galaxy Digital stock closed at USD 14.68 on Nasdaq on October 23, 2026 at 4:00 p.m. ET, down 3.99 percent from the Nasdaq prior close of USD 15.29.

Analyst support meets a fresh test

Citi's target change is the clearest recent analyst action for Galaxy Digital. The firm linked its upgrade to stronger cryptocurrency conditions, improved economics at the Helios I data center and the possibility of a Helios II tenant announcement within six months, according to CNBC.

A newer Morgan Stanley note on October 22, 2026 maintained a Buy rating and a USD 43.00 target, but that target is more than 100 percent above the latest Nasdaq price. Markets Insider carried the update.

Revenue fell in the second quarter

Galaxy Digital reported USD 8.71 billion in revenue for the quarter ended June 30, 2026, compared with USD 9.06 billion in the same quarter a year earlier, a decline of 3.86 percent. The figures were reported alongside the latest Morgan Stanley coverage by Markets Insider.

October 27 results set the next date

Galaxy Digital is scheduled to report its third-quarter 2026 results on October 27, 2026, according to the company calendar reproduced by comdirect. The date gives investors a near-term test of digital-asset activity and the company's data-center expansion.

Nasdaq price stays near its yearly low

The Nasdaq price of USD 14.68 stood USD 0.11 above the 52-week low of USD 14.57 and remained well below the 52-week high of USD 41.25 on October 23, 2026. The session range was USD 14.58 to USD 15.54, with 5,656,912 shares traded.