Maxim Group Estimates Galaxy Digital Q3 Earnings

Galaxy Digital Inc. (NASDAQ:GLXY) – Investment analysts at Maxim Group issued their Q3 2026 EPS estimates for Galaxy Digital in a research note issued on Friday, August 7th. Maxim Group analyst M. Galinko forecasts that the company will post earnings per share of ($0.44) for the quarter. The consensus estimate for Galaxy Digital’s current full-year earnings is ($0.74) per share. Maxim Group also issued estimates for Galaxy Digital’s Q4 2026 earnings at ($0.19) EPS, FY2026 earnings at ($1.18) EPS, Q1 2027 earnings at ($0.46) EPS, Q2 2027 earnings at ($1.21) EPS, Q3 2027 earnings at ($0.78) EPS, Q4 2027 earnings at ($0.43) EPS, FY2027 earnings at ($2.90) EPS and FY2028 earnings at $0.00 EPS.

Several other equities research analysts have also commented on GLXY. Zacks Research lowered Galaxy Digital from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. BTIG Research dropped their price target on Galaxy Digital from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Morgan Stanley restated an “overweight” rating and set a $37.00 price target on shares of Galaxy Digital in a report on Wednesday, April 29th. Chardan Capital reaffirmed a “buy” rating and set a $35.00 price objective on shares of Galaxy Digital in a research report on Wednesday, August 5th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $50.00 price objective on shares of Galaxy Digital in a research note on Friday, April 24th. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.83.

Galaxy Digital Stock Performance

GLXY stock opened at $19.52 on Tuesday. The stock has a 50-day moving average price of $26.19 and a 200-day moving average price of $25.02. Galaxy Digital has a 1-year low of $16.43 and a 1-year high of $45.92. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.94. The firm has a market cap of $7.61 billion, a PE ratio of -30.03 and a beta of 5.06.

Galaxy Digital (NASDAQ:GLXY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.27. Galaxy Digital had a negative net margin of 0.75% and a negative return on equity of 6.10%. The business had revenue of $8.71 billion for the quarter. During the same period last year, the company posted $0.08 EPS.

Institutional Investors Weigh In On Galaxy Digital

A number of institutional investors and hedge funds have recently bought and sold shares of GLXY. Caitong International Asset Management Co. Ltd lifted its stake in Galaxy Digital by 183.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,434 shares of the company’s stock valued at $32,000 after acquiring an additional 928 shares in the last quarter. Picton Mahoney Asset Management boosted its holdings in Galaxy Digital by 200.0% during the 4th quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $34,000 after acquiring an additional 1,000 shares during the last quarter. Danske Bank A S bought a new stake in shares of Galaxy Digital in the 4th quarter worth $36,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Galaxy Digital in the 4th quarter worth $46,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of Galaxy Digital in the fourth quarter valued at about $49,000.

Insider Transactions at Galaxy Digital

In other news, Director Michael D. Daffey sold 250,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $28.77, for a total transaction of $7,192,500.00. Following the completion of the sale, the director directly owned 1,505,419 shares of the company’s stock, valued at $43,310,904.63. The trade was a 14.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven John Bandrowczak bought 5,100 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of $19.63 per share, with a total value of $100,113.00. Following the completion of the transaction, the director owned 39,186 shares of the company’s stock, valued at $769,221.18. This represents a 14.96% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 51.53% of the stock is owned by company insiders.

Key Headlines Impacting Galaxy Digital

Here are the key news stories impacting Galaxy Digital this week:

• Positive Sentiment: Director Steven John Bandrowczak purchased 5,100 shares at an average price of $19.63, investing approximately $100,113 and increasing his direct ownership by nearly 15%. Insider buying can signal management confidence that the recent selloff has created value. Galaxy Digital Director Steven John Bandrowczak Purchases 5,100 Shares
• Positive Sentiment: Galaxy Digital is reportedly entering a new $125 million partnership with Sharplink, which could support future business activity and broaden its digital-asset exposure. However, the available report provides limited details on the partnership’s financial impact. Galaxy Digital in Focus After Q2 Miss, New $125 Million Sharplink Partnership
• Neutral Sentiment: Galaxy Digital’s latest quarterly results included an adjusted loss of $0.09 per share, better than the $0.36 consensus loss, while revenue reached $8.71 billion. The company nevertheless remains unprofitable, with analysts expecting a full-year loss of $0.74 per share.
• Negative Sentiment: Maxim Group’s forecasts point to substantially weaker profitability than the current consensus: a $1.18-per-share loss for fiscal 2026 and a $2.90 loss for fiscal 2027. Maxim projects quarterly losses through 2027, with only breakeven EPS in fiscal 2028. These estimates likely reinforce concerns about the timing of a return to profitability.

Galaxy Digital Company Profile

Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) is a diversified financial services and investment management firm dedicated to the digital assets and blockchain technology sectors. Established in 2018 by Mike Novogratz, the company operates across trading, asset management, principal investing and advisory services. Galaxy Digital caters to institutional clients, high-net-worth investors and corporations seeking exposure to cryptocurrencies, decentralized finance (DeFi) protocols and other blockchain-based assets.

In its trading division, Galaxy Digital provides market-making, execution and over-the-counter (OTC) solutions for a wide range of digital tokens.