Galaxy Digital Holdings Ltd has not seen significant movement in its stock price this week.
Galaxy Digital Holdings Ltd (GLXY.TO) closed at C$28.26, remaining unchanged for the day and week. The stock has faced challenges in 2023, with a year-to-date decline of approximately 16.93%. Recent headlines indicate ongoing struggles within the digital asset space, which may be impacting investor sentiment.
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Galaxy Digital Holdings Ltd
GLXY.TO
GLXY.TO
Galaxy Digital Holdings Ltd
WealthAwesomeMarket cap
$11.05B
52W high
$64.37
52W low
$11.27
1W change
+0.00%
Beta
3.69
Analyst Price Targets
Based on analyst covering GLXY
Wall Street analysts forecast GLXY stock price to rise 57.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$44.56
+57.7% Upside
Current Price
C$28.26
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GLXY's historical volatility
30-Day Vol
101.6%
Annualized
90-Day Vol
100.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$23.64
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$26.63 | C$18.75 โ C$37.80 |
| 60 trading days | C$25.09 | C$15.28 โ C$41.19 |
| 90 trading days | C$23.64 | C$12.88 โ C$43.38 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors should be cautious as Galaxy Digital continues to navigate a challenging market environment, with recent losses reported and a significant drop from its highs. The decision to delist from the TSX may also influence future trading dynamics.
Volume Surges 10.38x Above Average
Galaxy Digital recorded a significant volume of 6,778,071 shares traded, massively exceeding its 20-day average of 653,035 shares, indicating heightened investor interest or activity.
Bull case
Analysts are optimistic about Galaxy Digital, with an average target price of C$44.56, suggesting a potential upside of 57.7%. The company is also pursuing strategic partnerships and innovations in tokenization, which could set the stage for future growth.
Bear case
On the downside, Galaxy Digital has reported substantial losses in recent quarters, largely due to falling digital asset prices. Additionally, the upcoming delisting from the TSX may discourage some investors, affecting liquidity and interest in the stock.
Price Action Overview
Galaxy Digital Holdings Ltd (GLXY.TO) has maintained a stagnant trading position, closing at C$28.26 with no change in price over the past week. The stock has experienced a significant downturn this year, down 16.93% year-to-date, reflecting broader market challenges affecting the digital asset sector.
Recent Company News
Recent headlines reveal that Galaxy Digital announced its decision to voluntarily delist from the TSX effective March 19, 2026, while continuing its listing on Nasdaq. This move may reflect the company's strategic focus on a more favorable U.S. market environment. Additionally, the company reported a net loss of $216 million for Q1 2026, primarily attributed to the depreciation of digital asset prices, further indicating the challenges faced in the current market.
Technical Picture
From a technical perspective, Galaxy Digital's stock is trading well below its 50-day moving average of C$33.33 and the 200-day moving average of C$37.10, indicating bearish momentum. The stock's 52-week range has been between C$11.27 and C$64.37, with the current price at approximately 32% of this range. With a beta of 3.69, the stock is considered highly volatile, which may present risks and opportunities for investors.
Insider Activity
No recent insider activity has been reported for Galaxy Digital, indicating that executives and insiders may be holding their positions amid the current market conditions.
Price Action Summary
Galaxy Digital Holdings Ltd (GLXY.TO) closed at C$28.26, reflecting no change in price today or over the past week, as the company navigates a challenging environment in the digital asset sector.
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