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KBW Reiterates Outperform Rating on Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF)

Wed, 14 May 2025 07:02:08 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou reiterated an Outperform rating and Cdn$36.00 price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF).

The analyst commented: "Sequentially Weaker Quarter as Telegraphed; Tailwinds Going Forward; Galaxy reported Q1/25 results ahead of the NASDAQ listing expected May 16, which reflect a transition to US GAAP and the consolidation of its activities into two operating business segments: Digital Assets and Data Centers (along with a Treasury & Corporate segment). Net loss in the period was -$295M (slightly better than the previously telegraphed midpoint of -$300M). Second-quarter-to-date operating income was $165M (midpoint), and equity capital

KBW Reiterates Outperform Rating on Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF)

Wed, 14 May 2025 07:02:08 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou reiterated an Outperform rating and Cdn$36.00 price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF).

KBW Reiterates Outperform Rating on Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF)

Wed, 14 May 2025 07:02:08 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou reiterated an Outperform rating and Cdn$36.00 price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF).

KBW Reiterates Outperform Rating on Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF)

Wed, 14 May 2025 07:02:08 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou reiterated an Outperform rating and Cdn$36.00 price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF).

BTIG Starts Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) at Buy

Mon, 14 Apr 2025 05:22:26 -0400

BTIG analyst Gregory Lewis initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) with a Buy rating and a price target of Cdn$30.00.

The analyst comments "Galaxy Digital (GLXY-CA, Buy, C$30 PT) is a diversified digital asset company with multiple verticals across the digital asset ecosystem. Galaxy has three core business lines: Global Markets (~65% of revenue), Asset Management (~12% of revenue) and Digital Infrastructure Solutions (~23%). On the infrastructure side, the company's Helios facility (West Texas) has ~200MW currently mining bitcoin (BTC) running ~6.1 EH (includes both hosting and self-mining). More importantly, last month GLXY announced its first HPC

BTIG Starts Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) at Buy

Mon, 14 Apr 2025 05:22:26 -0400

BTIG analyst Gregory Lewis initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) with a Buy rating and a price target of Cdn$30.00.

BTIG Starts Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) at Buy

Mon, 14 Apr 2025 05:22:26 -0400

BTIG analyst Gregory Lewis initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) with a Buy rating and a price target of Cdn$30.00.

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered at Piper Sandler Post CoreWeave Deal

Fri, 04 Apr 2025 08:02:05 -0400

Piper Sandler analyst Patrick Moley lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$34.00 (from Cdn$42.00) while maintaining an Overweight rating.

The analyst commented: "CoreWeave Deal is First Step in Building Out 2.5 Gigawatt Data Center Campus. Last week, Galaxy announced it had entered into a 15-year lease agreement with CoreWeave for 133 MW of critical IT load (200 MW gross) at Galaxy's Helios mining site in West Texas. Galaxy anticipates seeing total revenues of $4.5B from the deal ($300M/yr on avg.) at ~90% EBITDA margins and $11-$13M of anticipated capex per MW. These MWs are

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered at Piper Sandler Post CoreWeave Deal

Fri, 04 Apr 2025 08:02:05 -0400

Piper Sandler analyst Patrick Moley lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$34.00 (from Cdn$42.00) while maintaining an Overweight rating.

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered at Piper Sandler Post CoreWeave Deal

Fri, 04 Apr 2025 08:02:05 -0400

Piper Sandler analyst Patrick Moley lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$34.00 (from Cdn$42.00) while maintaining an Overweight rating.

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered to Cdn$36 at Keefe, Bruyette & Woods

Tue, 01 Apr 2025 06:25:29 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$36.00 (from Cdn$42.00) while maintaining an Outperform rating.

The analyst commented: "While recent macro headwinds and a prolonged listing process have contributed to a lower stock price as of late, we view these as temporary distractions against a series executive orders brought forth by the pro-crypto administration set to improve operating conditions. GLXY remains well-positioned to benefit from the introduction of a comprehensive framework given broad exposure to various digital asset ecosystems and an institutional focused business. We lower our target

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered to Cdn$36 at Keefe, Bruyette & Woods

Tue, 01 Apr 2025 06:25:29 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$36.00 (from Cdn$42.00) while maintaining an Outperform rating.

Galaxy Digital Holdings Ltd (GLXY:CA) (BRPHF) PT Lowered to Cdn$36 at Keefe, Bruyette & Woods

Tue, 01 Apr 2025 06:25:29 -0400

Keefe, Bruyette & Woods analyst Bill Papanastasiou lowered the price target on Galaxy Digital Holdings Ltd (GLXY:CA) (OTC: BRPHF) to Cdn$36.00 (from Cdn$42.00) while maintaining an Outperform rating.

Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) PT Raised to Cdn$37 at Canaccord Genuity

Mon, 31 Mar 2025 09:43:22 -0400

Canaccord Genuity analyst Joseph Vafi raised the price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) to Cdn$37.00 (from Cdn$36.00) while maintaining a Buy rating.

Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) PT Raised to Cdn$37 at Canaccord Genuity

Mon, 31 Mar 2025 09:43:22 -0400

Canaccord Genuity analyst Joseph Vafi raised the price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) to Cdn$37.00 (from Cdn$36.00) while maintaining a Buy rating.

Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) PT Raised to Cdn$37 at Canaccord Genuity

Mon, 31 Mar 2025 09:43:22 -0400

Canaccord Genuity analyst Joseph Vafi raised the price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) to Cdn$37.00 (from Cdn$36.00) while maintaining a Buy rating.

Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) PT Raised to Cdn$37 at Canaccord Genuity

Mon, 31 Mar 2025 09:43:22 -0400

Canaccord Genuity analyst Joseph Vafi raised the price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) to Cdn$37.00 (from Cdn$36.00) while maintaining a Buy rating.

Benchmark Reiterates Buy Rating on Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF)

Fri, 28 Mar 2025 10:32:37 -0400

Benchmark analyst Mark Palmer reiterated a Buy rating and Cdn$41.00 price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF).

The analyst commented, "Galaxy Digital (GLXY) this morning released a 4Q24 report in which it announced that it had entered into a 15-year lease agreement with AI hyperscaler CoreWeave (Private) in which it will provide 133 MW of data center capacity at its Helios campus in West Texas to host and support CoreWeave’s AI/HPC activities. GLXY stated that it expects to generate ~$4.5bn of revenue over the agreement’s term...We note that the estimated revenues from the CORZ deal likely reflected CoreWeave’s

Benchmark Reiterates Buy Rating on Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF)

Fri, 28 Mar 2025 10:32:37 -0400

Benchmark analyst Mark Palmer reiterated a Buy rating and Cdn$41.00 price target on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF).

Cantor Fitzgerald Starts Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) at Overweight

Wed, 29 Jan 2025 09:04:16 -0400

Cantor Fitzgerald analyst Brett Knoblauch initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) with a Overweight rating and a price target of Cdn$44.00.

The analyst comments: "Galaxy Digital Holdings (GLXY) is a financial services and investment management company solely focused on the digital asset ecosystem. GLXY's business consists of Galaxy Asset Management (GAM), which consists of $5.7bn of assets under management (AUM), Galaxy Global Markets (GGM), which consists of trading and investment banking services; and Galaxy Digital Infrastructure Solutions (GDIS), which consists of its Bitcoin mining, Bitcoin hosting, and AI/HPC data center infrastructure. With our view that digital assets

Cantor Fitzgerald Starts Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) at Overweight

Wed, 29 Jan 2025 09:04:16 -0400

Cantor Fitzgerald analyst Brett Knoblauch initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) with a Overweight rating and a price target of Cdn$44.00.

Cantor Fitzgerald Starts Galaxy Digital Holdings Ltd (GLXY:CN) (BRPHF) at Overweight

Wed, 29 Jan 2025 09:04:16 -0400

Cantor Fitzgerald analyst Brett Knoblauch initiates coverage on Galaxy Digital Holdings Ltd (GLXY:CN) (OTC: BRPHF) with a Overweight rating and a price target of Cdn$44.00.

Piper Sandler on DeepSeek: 'Sell-Off Overdone - Catalysts Remain for Bitcoin Miners'

Tue, 28 Jan 2025 08:16:16 -0400

Piper Sandler analyst Patrick Moley discusses the share sell-off following DeepSeek's announcement.

The analyst commented: "Sell-off overdone -- catalysts remain for Bitcoin miners. Monday's unraveling AI trade drove a 16% avg. decline for the mining names we cover. These companies’ AI-related value lies in their immediate access to power and the opportunity to ‘sell’ that power to AI companies. If anything, we think the DeepSeek revelation should catalyze the 'arms race' among US AI companies. And while DeepSeek's reportedly low training costs (though contested) have many in the industry reevaluating the CapEx required for data center buildouts, we do not believe

Piper Sandler on DeepSeek: 'Sell-Off Overdone - Catalysts Remain for Bitcoin Miners'

Tue, 28 Jan 2025 08:16:16 -0400

Piper Sandler analyst Patrick Moley discusses the share sell-off following DeepSeek's announcement.

Piper Sandler on DeepSeek: 'Sell-Off Overdone - Catalysts Remain for Bitcoin Miners'

Tue, 28 Jan 2025 08:16:16 -0400

Piper Sandler analyst Patrick Moley discusses the share sell-off following DeepSeek's announcement.